At a Glance
- Tasks: Deliver financial analysis and insights to enhance operational performance across the business.
- Company: Join a leading company in the energy sector with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Dynamic role with opportunities to work on cross-functional initiatives globally.
- Why this job: Make a real impact by improving financial visibility and decision-making processes.
- Qualifications: Degree in Finance or Accounting; experience in finance preferred.
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.
Operations Finance Manager employer: Borr Drilling
As an Operations Finance Manager at our company, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. We offer competitive benefits, a collaborative culture, and opportunities to engage in meaningful projects that directly impact operational success. Located in a vibrant area, our team enjoys a balance of professional challenges and personal fulfilment, making us an exceptional employer for those seeking to make a difference in the finance sector.
