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- Tasks: Manage financial tasks and analysis for drilling rigs and profit centres.
- Company: Join a leading offshore drilling company with a strong commitment to values.
- Benefits: Full-time role with competitive salary and opportunities for growth.
- Why this job: Be part of a dynamic team that drives financial success in the energy sector.
- Qualifications: Degree in accounting/finance and 5 years of relevant experience required.
- Other info: Collaborative environment with diverse departments and exciting projects.
The predicted salary is between 36000 - 60000 £ per year.
The Cost Controller will be responsible for various financial tasks and analysis in relation to Rigs / Profit centres and Legal entities. Issue customer invoices and interact with Customers and vendors. Apply the principles of accounting to prepare and analyse financial information for the assigned drilling rigs and Region or Corporate. Ensure compliance with the company’s policies and procedures and related internal controls.
Responsibilities
- Understand Borr’s vision and apply the company values in all business activities.
- 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.
Qualifications and Experience
- Minimum 4-year college degree/Diploma (Accounting and/or finance degree required), CA/ ACCA/CPA/CIMA/CMA qualifications preferred.
- Minimum 5 years of financial experience. Prefer experience with offshore drilling related environment.
- Excellent English verbal and written communications skills.
- Candidate must pass a drug screen and background check.
Cost Controller employer: Borr Drilling Ltd
Contact Detail:
Borr Drilling Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Controller
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and understanding their values. Be ready to discuss how your experience aligns with their goals, especially in financial analysis and compliance.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. Use the STAR method (Situation, Task, Action, Result) to structure your responses, especially when discussing past financial projects.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Cost Controller
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the Cost Controller role. Highlight your financial experience and any relevant qualifications like CA or ACCA. We want to see how you fit into our vision!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our company values. Keep it concise but impactful – we love a good story!
Showcase Your Financial Skills: Since the role involves financial analysis and reporting, be sure to mention specific tools or software you’re familiar with. We appreciate candidates who can hit the ground running, so let us know what you bring to the table!
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be one step closer to joining our team at StudySmarter!
How to prepare for a job interview at Borr Drilling Ltd
✨Know Your Numbers
As a Cost Controller, you'll be dealing with financial data all the time. Brush up on your understanding of Profit & Loss statements and balance sheets. Be ready to discuss how you've analysed financial information in the past and how you can apply that knowledge to the role.
✨Understand the Company Culture
Familiarise yourself with Borr's vision and values. During the interview, show how your personal values align with theirs. This will demonstrate that you're not just a fit for the role, but also for the company culture.
✨Prepare for Technical Questions
Expect questions about budgeting processes and vendor invoice reviews. Think of specific examples from your previous experience where you successfully managed these tasks. Being able to articulate your thought process will impress the interviewers.
✨Show Your Communication Skills
You'll need to interact with various departments, so highlight your communication skills. Prepare examples of how you've effectively liaised with different teams in the past. This will show that you can work collaboratively within the organisation.