At a Glance
- Tasks: Manage financial tasks, analyse data, and ensure compliance for drilling rigs.
- Company: Join a leading offshore drilling company with a strong commitment to values.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Collaborate across departments and engage in exciting projects.
- Why this job: Be part of a team that drives financial success in an innovative industry.
- Qualifications: Degree in Accounting/Finance and 5 years of relevant experience required.
The predicted salary is between 50000 - 60000 £ per year.
The Cost Controller will be responsible for various financial tasks and analysis in relation to Rigs / Profit centers 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
As a Treasury Operations Lead, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. Our company fosters a culture of collaboration and innovation, offering competitive benefits and opportunities for professional advancement, all while being located in a vibrant area that enhances work-life balance. Join us to be part of a team that values integrity, excellence, and the continuous improvement of our Treasury operations.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Controller
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work in finance or cost control. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your financial analysis skills. Be ready to discuss how you've tackled budgeting and forecasting in past roles. We want to see you shine with real examples!
✨Tip Number 3
Don’t forget to research the company’s values and vision. When you apply through our website, show us how your personal values align with theirs. It’ll make you stand out as a candidate who truly gets it!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s just good manners!
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 analysis 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 Relevant Experience:When detailing your work history, focus on your experience in financial tasks related to profit centres and invoicing. Mention any specific achievements or projects that demonstrate your ability to manage budgets and financial reporting effectively.
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 able to keep track of your application status. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at Borr Drilling
✨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’s Vision
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 looking for a job, but that you're genuinely interested in contributing to their mission.
✨Prepare for Technical Questions
Expect questions about budgeting processes and financial compliance. Think of specific examples from your previous roles where you ensured compliance with policies or handled budgeting challenges. This will showcase your expertise and problem-solving skills.
✨Showcase Your Communication Skills
Since you'll be interacting with various departments, highlight your communication skills. Prepare examples of how you've effectively liaised with different teams in the past. This will reassure them that you can handle cross-departmental collaboration smoothly.
