Senior Accountant
Transocean
Finance Group
Transocean is focused on being the employer of choice for the drilling industry. We are challenging ourselves every day to push the performance of the company through technological advances and passion for our work. Job SummaryJoin Transocean, a progressive company that is leading its industry, where we offer an array of competitive benefits, including a 401K employer contribution that leads the market. At Transocean, we foster a work environment that values work-life balance, offering flexible work schedules, including half-Fridays off.
We are looking for a motivated and ambitious finance professional who thrives on variety, enjoys tackling new challenges, and is eager to broaden their expertise across multiple disciplines within finance and accounting. This is a uniquely diverse role that goes far beyond traditional accounting or financial analysis. As a trusted finance business partner to our Operations team, you will gain exposure to a wide range of responsibilities, including financial performance management, forecasting, balance sheet stewardship, operational analysis, and people development. The breadth of the position provides a challenging and rewarding environment where there is always something new to learn and opportunities to make a meaningful impact. Job Description Key responsibilities include:
- Managing the P&L of two ultra-deepwater drillships operating in the Gulf of Mexico, including revenue preparation ($300-$350 million annually), cost tracking, and variance analysis
- Playing an active role in quarterly forecasting and financial planning processes
- Serving as a key business partner to Operations, helping translate operational performance into financial insights and decision-making
- Mentoring junior analysts and accountants and supporting the onboarding and development of new team members
- Preparation and submission of monthly customer invoices with full support and maintenance of same within accounting system
- Following up with customers and coordinate with operations to ensure contract terms for payment/collections are adhered to
- Monthly and Quarterly balance sheet account analysis of cost center and entity driven accounts for the responsible cost centers and Business Units
- Compilation of Monthly Budget Variance (BudVar) analysis report inclusive of applicable variance explanations/notes in accordance with month end timetable and structure
- Ensure the correct local business rules for entity accounting are adhered to
- Quarterly forecast and annual budget preparation for rigs and cost centers assigned
- Adhoc requests and analysis as required by supervisor to support role and business. Also assigned to specific accounting projects. Preparation of contracts summary and review with Rig Manager and Supervisor
- Involved in fiscal compliance of indirect taxes
- Minimum Required: Bachelor's Degree
- Preferred: CPA or CA
- Minimum Required: Six years in Accounting
- Preferred: Drilling Contractor or O&G background
Vacancy posted 2 days ago
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