Summary
Overview
Work History
Education
Skills
Timeline
Generic
Andreea Alecu

Andreea Alecu

Project Accounting Manager
Bucharest

Summary

Dynamic Project Accounting Team Lead at Schlumberger with expertise in managing financial operations and financial reporting. Proven track record of enhancing efficiency, reducing month-end closing time, and fostering team collaboration. Skilled in SAP and data analysis, driving strategic decision-making through accurate financial insights and continuous process improvements.


Overview

11
11
years of professional experience
3
3
Languages

Work History

Project Accounting Team Lead

Schlumberger
02.2024 - Current
  • Led a team of six project accountants, overseeing daily operations, performance management, and professional development.
  • Provided guidance, training, and support to ensure high-quality deliverables, and alignment with departmental goals.
  • Fostered a collaborative and accountable team culture, contributing to improved efficiency and accuracy in financial reporting.
  • Lead the month-end close process for the entire project accounting team, ensuring timely and accurate financial reporting.
  • Collaborate closely with Project Controllers, Division Controllers, and Regional Controllers to validate and deliver precise financial data.
  • Monitor and review project financials to ensure compliance with internal policies and accounting standards.
  • Act as a key liaison between finance and operations to support strategic decision-making and performance analysis.
  • Led initiatives to enhance processes, resulting in higher team productivity, and fewer errors in project accounting.
  • Ensured compliance with GAAP regulations by conducting regular audits and maintaining accurate records of all financial transactions.
  • Enhanced financial reporting accuracy by streamlining project accounting processes and implementing standardized procedures.
  • Coordinated with external auditors for annual audits, ensuring compliance with regulatory requirements and a timely completion of the audit process.
  • Contribute to the definition and alignment of annual Key Performance Objectives (KPOs) for the Project Accounting team, ensuring that strategic and operational goals are clearly set.
  • Monitor progress and lead initiatives to ensure the successful achievement of annual KPOs, driving team accountability, and performance.
  • Reduced month-end closing time by optimizing reconciliation tasks and improving interdepartmental communication.
  • Enhanced stakeholder satisfaction by providing timely, accurate, and comprehensive financial reports tailored to specific needs.
  • Design and deliver online training materials for the Project Accounting team, collaborating closely with the Development department to ensure that the content is aligned with system updates and process improvements.
  • Promote continuous learning and process standardization through customized training modules, and knowledge-sharing initiatives.
  • Act as an SAP Superuser for Project Accounting, providing expert-level support, guidance, and training to the team on system functionalities and best practices.
  • Participated as a key tester in the migration project from SAP Optimus to S/4HANA, ensuring system accuracy and functionality through rigorous testing and validation.
  • Delivered post-deployment support, troubleshooting issues, and collaborating with cross-functional teams to ensure a smooth transition, and system adoption.
  • Participated in system implementation projects, assisting in the migration of financial data to new software platforms while minimizing business disruptions.

Senior Project Accounting

Schlumberger
11.2022 - 01.2024
  • Revenue recognition based on milestone completion.
  • Managed the automatic cost accrual job in SAP Optimus, reviewing and resolving errors by identifying root causes, and determining corrective actions.
  • Performed manual cost accruals when necessary, ensuring accurate project cost reporting and compliance with accounting standards.
  • Prepare and post accounting entries in support of the projects.
  • Accounts reconciliation in Blackline
  • Manage financial transactions for multiple subsea projects, to include tracking and reporting processes for consistent execution of projects, and enforcing financial policies and procedures required to ensure the integrity of financial data and reporting.
  • Provide in-depth financial analysis of profit and loss, and/or balance sheet accounts, including other non-financial metrics accounts.
  • Reports on monthly and quarterly project financial status.
  • Responsible for project closure activities in SAP, performing all necessary financial and system checks to ensure completeness and accuracy.
  • Verified cost allocations, revenue recognition, and settlement rules before initiating project closure.
  • Responsibility for coordination and execution of Internal and External Audit requirements.
  • Liaison with divisional personnel around the world on financial analysis.
  • Mentored junior accountants, providing guidance on best practices in project accounting and fostering professional growth.

Accounting Cycle Reviewer

Michelin Romania
01.2019 - 10.2022
  • Monitor and manage accounting cycle activities (Record to Report).
  • Manage general ledger accounting, and ensure accurate recording of financial transactions.
  • Post journal entries with proper documentation and accuracy.
  • Accounts reconciliations in Blackline
  • Support internal and external audits by providing the required documentation and explanations.
  • Ensure adherence to internal controls and regulatory standards.
  • Ensure accuracy and compliance of financial transactions with IFRS and local GAAP.
  • Perform reconciliations and cycle reviews, ensuring completeness and quality.
  • Analyze discrepancies and variances, identifying root causes, and corrective actions.
  • Provide necessary data and documentation for legal auditors and regulatory controllers.
  • Collaborate with local accounting teams, and other stakeholders, to ensure timely and accurate reporting.
  • Support monthly and annual closing processes.
  • Contribute to process improvements and standardization efforts.
  • Supported continuous improvement initiatives by actively participating in team meetings, trainings, and workshops focused on enhancing reviewer skills and processes.

Accountant Country Manager

Amaris Consulting
10.2016 - 01.2019
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Gathered financial information, prepared documents, and closed books.
  • Reconciled accounts and reviewed expense data, net worth, and assets.
  • Managed accounts payable and receivable, improving cash flow and reducing outstanding debts.
  • Maintained accounting controls by establishing chart of accounts and defining accounting policies and procedures.
  • Ensured data integrity by conducting regular account reconciliations, identifying discrepancies, and taking corrective action as needed.
  • Streamlined month-end close procedures for increased efficiency and reduced errors.

Senior Accountant

Amaris Consulting
02.2016 - 09.2016
  • Prepared monthly journal entries and reconciliations.
  • Reconciled accounts and created documents for monthly closure procedures.
  • Updated general ledger with latest entries.
  • Completed year-end closing processes with controllers and external auditors.
  • Provided journal entries and performed accounting on accrual basis.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.

Junior Accountant

Amaris Consulting
11.2015 - 01.2016
  • Prepared journal entries and entered into system using GIT Software.
  • Reconciled month-end totals for timely and accurate reporting of financial information.
  • Prepared bank reconciliations on a monthly basis to identify potential discrepancies between company records and bank statements.
  • Managed client billing process to ensure prompt payment, improving cash flow management.
  • Collaborated with senior accountants to perform month-end closing procedures, ensuring timely financial reporting.
  • Assisted with preparation of monthly financial statements.

Junior Accountant

European Telecom
12.2014 - 11.2015
  • Processed supplier invoices and issued client invoices in accordance with company policies and accounting standards.
  • Recorded bank statements and applied customer payments to corresponding invoices, ensuring accurate reconciliation.
  • Managed the cash register and performed regular inventory checks to maintain financial accuracy.
  • Handled supplier payments and monitored due dates to ensure timely disbursements.
  • Maintained and updated fixed asset records, including monthly depreciation calculations.
  • Supported daily accounting operations and contributed to month-end closing activities.
  • Prepared journal entries and entered them into the system using SAGA Software.

Education

Master of Accountancy - Accounting And Finance

Academy of Economic Studies
Bucharest
04.2001 -

Bachelor's - Accounting

Academy of Economic Studies
Bucharest
04.2001 -

Skills

Month-end closing

Year-end closing

Microsoft Excel

Account reconciliation

SAP super user

Financial analysis

Financial reporting

Time management

Accounting software proficiency

Revenue recognition

Cost accounting

Accounting and bookkeeping

Attention to detail

Account reconciliation processes

Bookkeeping

Analytical research

Timeline

Project Accounting Team Lead

Schlumberger
02.2024 - Current

Senior Project Accounting

Schlumberger
11.2022 - 01.2024

Accounting Cycle Reviewer

Michelin Romania
01.2019 - 10.2022

Accountant Country Manager

Amaris Consulting
10.2016 - 01.2019

Senior Accountant

Amaris Consulting
02.2016 - 09.2016

Junior Accountant

Amaris Consulting
11.2015 - 01.2016

Junior Accountant

European Telecom
12.2014 - 11.2015

Master of Accountancy - Accounting And Finance

Academy of Economic Studies
04.2001 -

Bachelor's - Accounting

Academy of Economic Studies
04.2001 -

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Andreea AlecuProject Accounting Manager