Cost Controller

6 months ago


Abu Dhabi, United Arab Emirates Borr Drilling Full time

Role Summary

**Responsibilities**:

- Review of monthly Profit & Loss statement and account analysis for assigned rig profit centres and balance sheet reconciliations for Legal entities.
- Preparation of monthly Profit & Loss statement and account analysis for assigned rig profit centres.
- Review monthly financial results with assigned rig teams and provide variance memos/schedules.
- Ensure that assigned day-to-day operations are carried out in accordance with established policies, objectives and budget.
- Heavy participation in the budgeting/roll-on forecast processes.
- Review assigned area related vendor invoices for appropriate documentation and account coding.
- Review and classification of special items, authorisation for financial expenditures (AFEs).
- Interact and liaise with a variety of departments (Contracts, supply chain, HR, Technical) within the organization as well as multiple levels of management.
- Maintain files and documentation thoroughly and accurately, in accordance with company policy.
- Determine priorities in the preparation of multiple projects on a timely basis.
- Participate in any other assigned duties, responsibilities and special projects as directed by immediate superior or determined on own initiative.
- Communicates internally with Senior Accountant, Finance Manager, Financial Controller, Rig Managers, Heads of Departments, Co-workers and Colleagues.
- Communicates externally with auditors, customers and vendors to ensure all transactions are recorded and there are no open issues.
- Provide assistance to the Rig Manager and other functional departments with respect to their department cost.
- Ensure proper control and verification of all transaction and the recording of the same correctly.
- If required, supervise accounts payable function
- Office based role which requires attention to detail and data management working under general supervision and where problems can be difficult but not complex.
- Occasional offshore/shipyard visits may be required in this role.

Qualifications and Experience
- College degree/Diploma (Accounting and/or finance degree required), CA/ ACCA/CPA/CIMA/CMA qualifications preferred.
- Prior financial experience. Prefer experience with offshore drilling related environment.
- Excellent English verbal and written communications skills


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