Cost Controller

Borr Drilling; Aberdeen City; On-site; GBP 45,000 - 65,000; Full time

Job summary

Borr Drilling is seeking a Cost Controller to manage financial analysis, invoicing and compliance for rigs, profit centres and legal entities. You will prepare monthly P&L statements, support budgeting and forecast processes, and ensure strong controls across the region.

Excellent English communication and a solid accounting background are essential, with a minimum 4-year degree and 5 years of financial experience, preferably in offshore drilling. This role is based in Aberdeen, UK.

Qualifications

• 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.

Responsibilities

• Understand Borr’s vision and apply the company values in all business activities.
• Review monthly Profit & Loss statements and account analysis for assigned rig profit centres and balance sheet reconciliations for Legal entities.
• Preparation of monthly Profit & Loss statements 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.

Skills

Financial analysis

Budgeting

Financial reporting

English communication

Education

Accounting/Finance degree

CA/ ACCA/CPA/CIMA/CMA designation

Job description

Role Summary

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.