At a Glance
- Tasks: Deliver financial analysis and insights to enhance operational performance across the business.
- Company: Join Borr Drilling, a leader in safe and efficient drilling operations worldwide.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a supportive and innovative organisational culture.
- Why this job: Make a real impact by improving financial visibility and decision-making in a global company.
- Qualifications: Degree in Finance or Accounting; experience in finance, preferably in energy or project-based industries.
The predicted salary is between 60000 - 80000 £ per year.
The Operations Finance Manager delivers financial analysis, commercial insight, and operational performance reporting across the business. The role helps improve financial visibility, supports effective decision-making, and contributes to the identification of financial risks and opportunities across operational activities.
Responsibilities
- Provide regular financial and operational performance insight to the SVP Operations Finance and Tax, including analysis of key drivers impacting rig and regional performance.
- Ensure alignment and consistency of operational and financial KPI reporting, including governance of metric definitions across the Group.
- Perform financial evaluation of rig contracts, tenders, and commercial arrangements, including analysis of profitability, cost assumptions, and risk exposure.
- Review and maintain standardised Bid Approval Sheet processes, improving efficiency for Regional Finance teams and ensuring robust governance throughout the tendering process.
- Conduct post-project financial reviews comparing Bid Approval Sheet assumptions to actual performance, identifying key variances and lessons learned.
- Provide financial input to Operations and Commercial teams to support contract performance, cost control, and margin improvement.
- Assist in reviewing operational structures and client arrangements to ensure financial risks are identified, understood, and appropriately managed.
- Support the Senior Finance Director with forward-looking analysis of operational performance, including identification of cost overruns, margin erosion, and emerging financial risks.
- Develop scenario analysis, sensitivity modelling, and forecasting to support operational planning and decision-making.
- Work with Treasury and Tax teams to support cash repatriation initiatives and broader cash management activities.
- Support Regional Finance Managers with cash collection initiatives and the establishment of prepayment and funding structures.
- Monitor commitments versus AFE budgets, identifying and escalating variances where required.
- Support strengthening financial discipline across operations, including review of cost approvals and commercial deviations.
- Ensure financial risks in operational decision-making are identified, escalated, and appropriately managed.
- Provide analytical and decision support to the SVP Operations Finance and Tax on strategic initiatives including contract structuring, new market entry, and operational strategy.
- Support cross-functional initiatives related to entry into new operating jurisdictions.
- Support ad-hoc projects, strategic reviews, and implementation of best practices across operational finance processes globally.
Qualifications and Experience
- Degree in Accounting, Finance or related discipline.
- Professional accounting qualification (ACCA, CIMA, CPA or equivalent) is desirable.
- Experience in finance, preferably within the energy, offshore, or project-based industry.
- Strong Excel and financial modelling capability, experience with ERP and BI tools preferred.
About Us
Borr Drilling deliver high quality drilling operations in hydrocarbon basins around the world. We do it safely – and efficiently. Our modern fleet of rigs and capable organization will deliver safe and high-quality drilling operations to our customers. With a strong and experienced organizational culture, combined with a unique capital structure, Borr Drilling is built to make a difference.
Operations Finance Manager employer: Borr Drilling Ltd
Borr Drilling is an exceptional employer, offering a dynamic work environment in London that fosters professional growth and development. With a strong emphasis on financial discipline and operational excellence, employees benefit from comprehensive training, collaborative teamwork, and opportunities to engage in strategic initiatives that shape the future of the energy sector. Join us to be part of a forward-thinking organisation that values safety, efficiency, and innovation in drilling operations.
StudySmarter Expert Advice🤫
We think this is how you could land Operations Finance Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Borr Drilling Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Operations Finance Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Borr Drilling Ltd.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Borr Drilling Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Borr Drilling Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Borr Drilling Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Borr Drilling Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Borr Drilling Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
