At a Glance
- Tasks: Lead financial controllership for our dynamic Oilfield Services team, ensuring compliance and driving improvements.
- Company: Join Baker Hughes, a leader in energy innovation with over a century of revolutionary advancements.
- Benefits: Enjoy flexible working patterns, comprehensive medical care, life insurance, and tailored financial programs.
- Why this job: Be a valued partner in a collaborative environment that prioritises your growth and well-being.
- Qualifications: Bachelor's degree and significant finance experience, preferably in the oil & gas industry.
- Other info: We embrace change and value diverse perspectives to drive success.
The predicted salary is between 54000 - 84000 £ per year.
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– for our Oilfield Services and Equipment Company (OFSE)
covering all operations for Subsea and Surface Pressure Systems (SSPS)
UK based
Office location South West UK but open candidate location
Join our dynamic team
Be responsible for leading the OFSE SSPS controllership function, managing the necessary operating rhythms with the business and other functional teams to identify and mitigate business and controllership risks. Support issue resolution, engage in ordinary and extraordinary transactions to ensure controllership compliance by providing expertise and accounting guidance. You will be
responsible for ensuring accounting compliance, effectiveness of financial and operational controls, with a focus on being a valued business partner to the SSPS finance and operational teams.
You will also be responsible for:
- Leading Controllership activities for the SSPS business to ensure high performance and continuous improvement.
- Driving Project Margin Review (PMR) estimates assessment, proper cost/revenue tracking and project balance sheet recoverability to ensure consistency & compliance with Overtime Accounting standards.
- Being a change agent for the OFSE Controllership team to roll out new policies, processes, including supporting BD activities that may impact the SSPS business
- Being a proactive liaison cross functionally with: OFSE Financial Reporting team, HQ, FP&A, other OFSE segment controllers, Tax, Digital Technology, the Global Finance Org, and other functions as it relates to SSPS financial operations and reporting.
- Serving as a problem solver, collaborator, and critical thinker; possess the ability to quickly understand complex items and efficiently propose solutions.
- Partnering with relevant FP&A leaders (Segment CFO, Regional CFOs and Region Segment Finance, etc.) to ensure efficient and effective month end reporting for the SSPS business. Partnership with Operations and Finance teams will include monitoring business and financial risks and supporting issue mitigation/ resolution.
- Work closely with the OFSE and HQ Controllership and Finance teams to timely meet all HQ reporting requirements.
- Coordinating with other OFSE Segment Controllers to ensure standardized, effective and efficient process for the financial close and related analysis.
- Facilitate monthly and quarterly financial closes.
- Monthly and quarterly product line financial statements and analysis.
To be successful in this role you will have:
- Bachelor\’s degree from an accredited university or college.
- CIMA, ACCA or equivalent accounting qualifications
- Significant experience in Finance, including experience in Controllership management and oil & gas industry.
- Strong English oral and written communication skills.
- Strong interpersonal and leadership skills.
- Demonstrated ability to analyze and resolve problems.
- Demonstrated ability to lead programs/projects on broader controllership initiatives
Work in a way that works for you
We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone too. In this role, we can offer flexible working patterns in line with local policy
Working with us
Our people are at the heart of what we do at Baker Hughes. We know we are better when all of our people are developed, engaged and able to bring their whole authentic selves to work. We invest in the health and well-being of our workforce, train and reward talent and develop leaders at all levels to bring out the best in each other.
Working for you
Our inventions have revolutionized energy for over a century. But to keep going forward tomorrow, we know we have to push the boundaries today. We prioritize rewarding those who embrace change with a package that reflects how much we value their input. Join us, and you can expect:
- Contemporary work-life balance policies and wellbeing activities
- Comprehensive private medical care options
- Safety net of life insurance and disability programs
- Tailored financial programs
- Additional elected or voluntary benefits
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Lead Financial Controller employer: Baker Hughes
Contact Detail:
Baker Hughes Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead Financial Controller
✨Tip Number 1
Network with professionals in the oil and gas industry, especially those who have experience in controllership roles. Attend industry events or join relevant online forums to connect with potential colleagues and learn about the latest trends and challenges in the sector.
✨Tip Number 2
Familiarise yourself with the specific financial regulations and compliance standards that apply to the oilfield services sector. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the industry's unique challenges.
✨Tip Number 3
Showcase your leadership skills by discussing any previous experiences where you led a team or project, particularly in finance or controllership. Highlight how you managed challenges and drove improvements, as this aligns with the role's focus on high performance and continuous improvement.
✨Tip Number 4
Prepare to discuss your problem-solving abilities in detail. Think of specific examples where you identified financial risks and implemented solutions, as this is crucial for the role's responsibilities in mitigating business and controllership risks.
We think you need these skills to ace Lead Financial Controller
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Lead Financial Controller position. Familiarise yourself with the key tasks such as controllership compliance, financial reporting, and collaboration with various teams.
Tailor Your CV: Customise your CV to highlight relevant experience in finance and controllership management, particularly within the oil and gas industry. Emphasise your qualifications like CIMA or ACCA and any leadership roles you've held.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the company's values and how your skills align with the role. Mention specific examples of how you've successfully led financial initiatives or resolved complex issues in previous positions.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a financial role.
How to prepare for a job interview at Baker Hughes
✨Showcase Your Leadership Skills
As a Lead Financial Controller, you'll be expected to lead teams and initiatives. Be prepared to discuss your previous leadership experiences, how you managed teams, and the outcomes of your leadership style.
✨Demonstrate Industry Knowledge
Familiarise yourself with the oil and gas industry, particularly in relation to controllership and financial operations. Be ready to discuss current trends, challenges, and how they impact financial management within the sector.
✨Prepare for Problem-Solving Scenarios
Expect to face hypothetical scenarios during the interview that test your problem-solving abilities. Think about past challenges you've encountered and how you resolved them, especially in a financial context.
✨Highlight Your Communication Skills
Strong communication is key in this role. Prepare examples of how you've effectively communicated complex financial information to non-financial stakeholders, showcasing your ability to be a valued business partner.