Cost Controller

303 Borr Drilling Land Support Limited; Aberdeen City; On-site; GBP 65,000 - 90,000; Full time

Job summary

Borr Drilling is seeking a Cost Controller to manage financial tasks across rigs, profit centers and legal entities. The role involves issuing invoices, applying accounting principles, and ensuring internal controls in line with company policies.

The candidate will review monthly P&L, perform account analyses, support budgeting efforts and liaise with multiple departments. Offshore drilling experience and strong English communication are required, with a background check and drug screen part of

Qualifications

• Minimum 4-year college degree/Diploma (Accounting and/or finance degree required)
• Minimum 5 years of financial experience
• Offshore drilling experience preferred
• Excellent English verbal and written communications skills
• Candidate must pass a drug screen and background check

Responsibilities

• Review monthly Profit & Loss statements and balance sheet reconciliations for rig profit centres and legal entities
• Prepare monthly P&L statements and account analyses for assigned rigs
• Participate in budgeting and forecast processes
• Review vendor invoices for proper documentation and coding
• Maintain files and documentation in accordance with policy

Skills

Financial analysis

Budgeting

P&L management

Account reconciliation

Education

Accounting degree

Tools

Excel

ERP systems

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.

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.