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Responsibilities:
Progress Billing & Revenue Recognition
Prepare and process progress billings/invoices based on percentage of completion, milestones, or contract terms
Coordinate with project managers and engineers to validate work completed vs. billed
Ensure billing aligns with contract scope, schedules, and client requirements
Monitor unbilled revenue and ensure timely conversion to invoices
Apply appropriate revenue recognition methods (e.g., percentage-of-completion)
Project Financial Management
Develop and maintain detailed project budgets and forecasts
Track project costs (labor, materials, subcontractors, overhead)
Perform variance analysis between actual costs, budget, and billings
Accounting & Reporting
Record all project-related financial transactions accurately
Prepare Work-in-Progress (WIP) reports, including over/under billings
Reconcile project accounts and ensure data integrity
Generate monthly financial reports for management and stakeholders
Billing & Collections
Ensure timely submission of invoices in line with client and contract requirements
Track and follow up on accounts receivable and outstanding invoices
Resolve billing discrepancies and client inquiries
Maintain billing schedules and documentation
Cost Control & Analysis
Review and validate project expenses before billing
Identify cost overruns and recommend corrective actions
Support financial planning and cash flow forecasting for projects
Compliance & Documentation
Ensure compliance with company policies, GAAP/IFRS, and contract requirements
Maintain accurate records of contracts, change orders, and billing documentation
Support audits by providing necessary project financial data
Qualifications:
Education: Bachelor’s degree in Accounting, Finance, or related field
Experience: 3–5+ years of project accounting experience, preferably in construction, engineering, or similar industries
Strong understanding of:
Progress billing
Percentage-of-completion accounting
WIP reporting and contract accounting
Proficiency in ERP/accounting systems (e.g., SAP, Oracle, Viewpoint, QuickBooks)
Advanced Excel skills
Progress billing and contract accounting
Financial analysis and reporting
Attention to detail and accuracy
Strong communication with technical and non-financial teams
Time management and ability to work overtime, if needed
Problem-solving and critical thinking
About SMEC
For 75 years, SMEC has built a reputation as a trusted partner on major transport and energy infrastructure projects around the world. Our design leaders and specialist teams draw on deep expertise and experience delivering projects across a range of diverse environments, from some of the world’s most remote locations to some of the densest urban surroundings.
We understand the value of relationships to ensure that we comprehensively address all requirements at each stage in a project’s development. By closely collaborating with our clients, contractors, subcontractors and asset operators, we deliver commercially informed design thinking through local specialists who understand on-the-ground context and industry expectations.
We stand apart through our historically diverse, globally connected workforce, operating out of more than 40 countries with strong local relationships.
Our diverse workforce of professionals are highly respected experts who bring talent, experience and passion to their fields. Challenging boundaries, we look beyond the project scope to ensure we leave a positive impact in the communities we live and work in and allow present and future generations to thrive.
At Surbana Jurong, we put talent, hard work, teamwork and a fun workplace together to approach problems and solve them creatively and collaboratively. Join us in making a positive impact on the world!
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