Project Controller - Aqueos

In an ever-changing world that requires both existing and renewable energy resources to thrive, the need for proven and experienced marine construction and commercial diving services continues to grow. The primary issue most engineers and developers face is finding companies that can provide not only a highly trained team of commercial divers, but also the type of project management expertise needed to work with local communities, complex work environments, and governmental regulations.

Aqueos utilizes its subsea experience and proven track record of excellence, professionalism, and safety to provide marine construction, commercial diving, ROV, and vessel contracting services to the oil and gas, civil, decommissioning, and renewable energy sectors—ensuring that Aqueos remains a leader in technology, sustainability, and environmental accountability.

As a Project Controller your key responsibilities will be overseeing and managing the financial aspects of multiple projects within the organization. Primary focus will be on monitoring project budgets, tracking expenses, analyzing financial data, and providing accurate and timely reports to project stakeholders.

Essential Duties and Responsibilities:

•Monitor project budgets, ensuring adherence to financial plans and cost control measures.
•Track project expenses and provide regular updates to project managers and stakeholders.
•Review all project related invoices against the associated purchase order to ensure accuracy.
•Analyze financial data, identify trends, and provide insightful recommendations to optimize project performance.
•Prepare accurate and timely financial reports, including project cost forecasts, variance analyses, and profitability assessments.
•Review internal timesheets for accuracy and process timesheet data into Company’s accounting system.
•Monitor and track prevailing wage requirements on construction projects to ensure compliance with applicable regulations and contractual obligations.
•Collaborate with project managers, contractors and subcontractors to gather and validate prevailing wage data for accurate certified payroll reporting.
•Prepare detailed certified payroll reports on prevailing wage compliance, including labor costs, wage rate differentials and fringe benefits.
•Manage revenue recognition throughout the project’s lifecycle.
•Ensure compliance with internal financial policies and procedures, as well as relevant regulatory requirements.
•Prepare draft invoices for review by Project Managers and Operational Management.
•Prepare approved final invoices and submit them for payment either manually or electronically as directed by the customer.
•Reconcile supplier purchases and inventory issuances against daily reports on consumables and third-party equipment and services.
•Assist accounting with gross margin analysis of jobs, revenue accruals, Purchase Order processing, and month end closings.
•Support and participate in the organization's Continuous Improvement Program to conform to ISO 9001, ISO 14001, and OHSAS 18001 requirements by complying with the HSEQ Policy and procedures and meeting HSEQ objectives.

Requirements:

•Bachelor's degree in accounting, finance, business administration, or a related field.
•Proven experience in project accounting or financial analysis, preferably in the construction industry.
•Strong knowledge of project management methodologies and financial principles.
•Strong understanding of prevailing wage laws, regulations, and reporting requirements.
•Proficient in financial analysis, forecasting, and budgeting techniques.
•Advanced proficiency in spreadsheet software (e.g., Microsoft Excel) and financial management systems.
•Solid understanding of project contracts, cost allocation, and financial risk management.
•Exceptional attention to detail and ability to prioritize tasks in a fast-paced environment.
•Familiarity with industry-specific project management software and tools is a plus.
•Knowledge of Federal Acquisition Regulations is highly desirable.