Cost Controller

Borr Drilling Ltd; Aberdeen City; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

Borr Drilling Ltd in Aberdeen is seeking a Cost Controller to manage financial analysis, budgeting and performance reporting for rigs and entities. You will issue customer invoices, review P&L, prepare monthly statements and participate in forecasting processes.

The role requires a accounting/finance degree and at least five years of financial experience, preferably in offshore drilling. Excellent English communication and strong attention to compliance with internal controls are essential.

Qualifications

• Bachelor's degree in accounting or finance or equivalent.
• Minimum 5 years of financial experience.
• Experience in offshore drilling environment preferred.

Responsibilities

• Review monthly P&L and balance sheet reconciliations for rig profit centres.
• Prepare monthly P&L statements and variance memos.
• Participate in budgeting and forecast processes.
• Review assigned area related vendor invoices for appropriate documentation and account coding.
• Interacting with Contracts, supply chain, HR, Technical and management teams.
• Maintain files and documentation thoroughly and accurately, in accordance with policy.
• Prioritize multiple projects and duties and deliver timely results.

Skills

Financial analysis

Budgeting & forecasting

P&L review

Variance analysis

Interdepartmental liaison

Invoicing & accounts

English communication

Education

Accounting/Finance degree

CA/ACCA/CPA/CIMA/CMA

Job description

## Cost ControllerApply: Aberdeen: Full time: Posted 4 Days Ago: R148762# **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.