Accountant

303 Borr Drilling Land Support Limited; Aberdeen City; On-site; GBP 38,000 - 54,000; Full time

Job summary

Borr Drilling is seeking an Accountant to support the Cost Controller and Finance Manager in timely and accurate financial reporting for Region and Corporate management. The role includes preparing journal entries, ensuring compliance with controls, policies, and procedures, and assisting with audits and ad-hoc projects.

The position involves collaborating with various departments, reviewing invoices, preparing accruals, and contributing to budgeting and forecasting processes.

Qualifications

• Bachelor’s Degree in Accounting/Finance or other relevant discipline.
• CA/ACCA/CPA/CIMA/CMA completed or part-qualified preferred.
• Fluency in English and strong communication skills required.

Responsibilities

• Understand Borr Drilling’s vision and apply company values in all activities.
• Prepare monthly client invoices in accordance with contract terms.
• Follow up client receivables within due dates and contractual terms.
• Support Cost Controller in contractual matters arising from invoices.
• Review Non-PO invoices for assigned profit centres with proper documentation.
• Assist in preparing monthly accruals for income and costs.
• Maintain general ledger integrity with reconciliations and documentation.
• Assist with month-end reporting and budgets/forecasts.

Skills

Strong communication

Fluent English

MS Excel

ERP systems

Education

Bachelor’s Degree in Accounting/Finance

CA/ACCA/CPA/CIMA/CMA completed or part-qualified

Tools

MS Excel

ERP systems

Job description

Role Summary

The Accountant supports the Cost Controller and Finance Manager/Financial Controller in the provision of timely and accurate financial reporting for Region and Corporate management. The Accountant assists with the preparation of journal entries and monitor the Region’s / Corporate’s compliance with controls, AFE’s, accounting policies and procedures. In addition, the Accountant helps prepare for annual internal & external audits and assists with other ad-hoc financial projects when required.

Responsibilities

• Understand Borr’s vision and apply the company values in all business activities.
• Prepare monthly client invoices in accordance to contract terms.
• Following up client receivables in accordance with contractual terms and within due date.
• Support Cost controller in all contractual matters arising from any invoices from clients and suppliers, ensure these are addressed in accordance with accepted practice and procedure.
• Review all Non-PO incoming invoices for assigned profit centres (appropriate documentation and coding).
• Assist in preparing accurate monthly accruals to ensure correct timing of income and costs.
• Ensure all journal vouchers have appropriate supporting documentation.
• Maintain the integrity of the general ledger by reconciling assigned balance sheet accounts including auditable supporting documentation.
• Prepare all intercompany invoices in accordance with contracts (bareboat and service agreements), AFE procedures and intercompany confirmations between entities.
• Assist during month end management reporting, including commentaries on significant variances in accordance with internal requirements and agreed deadlines.
• Assist in preparation of budgets and forecasts in accordance with internal requirements and agreed deadlines.
• Ensure comprehensive understanding of client contracts relating to assigned rig.
• Keep the Cost Controller informed of all issues impacting operational reporting and results.
• Provide support and information to other departments if requested/required to ensure correct input to the financial records (e.g. Supply Chain Department, HR department, Rig Manager).
• Assist with ad-hoc projects and other tasks within the finance structure subject to availability.
• Travel to operations locations as requested/required during budget process or for other ad-hoc requirements.
• Communicates internally with Cost Controller, Finance Manager, Financial Controller, Rig Managers, Heads of Departments, Co-workers and Colleagues.
• Communicates externally with customers and vendors to ensure all transactions are recorded and there are no open issues.
• Provide assistance to the Rig Manager and other functional departments with respect to their department cost.
• Ensure proper control and verification of all transaction and the recording of the same correctly.
• If required, supervise account’s payable function Office based role which requires attention to detail and data management working under general supervision and where problems can be difficult but not complex.
• Occasional offshore/shipyard visits may be required in this role.

Qualifications and Experience

• Bachelor’s Degree in Accounting /Finance or other relevant discipline at the Company’s discretion, CA/ACCA/CPA/CIMA/CMA completed or part-qualified preferred.
• Previous accounting experience in the International Oil & Gas Industry.
• Prefer experience in similar role within the offshore drilling related environment.
• Strong communication skills, both verbal and written; fluency in English required.
• Advanced MS Excel working knowledge and ERP experience preferred.
• Ability to handle multiple tasks concurrently and to follow up on all tasks to completion.
• Proficient problem-solving skills: demonstrate ability to evaluate problems from differing viewpoints and recognize potential root cause of problems and suggest possible solutions.
• Be approachable and maintain open and transparent communication with Team, Internal and External stakeholders and management team.
• Develop good working relationships with Divisional and Corporate colleagues and external stakeholders, as required.
• Represent the Company in a professional manner both on and off the job to include confidentiality of Company and Client business.

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.