Senior Rig Project Controller

Seadrill; Houston (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

Seadrill is seeking a Senior Rig Project Controller to support the Project Management Team in Houston. The role requires in-depth financial analysis and communication with various stakeholders to ensure timely and compliant reporting. Ideal candidates will have a strong background in finance within the Oil and Gas industry, along with excellent problem-solving skills and the ability to work collaboratively across different functions.

Benefits

Competitive salary package

Range of benefits tailored to location

Qualifications

• 4-5 years of hands-on experience in the Oil and Gas industry preferred.
• Experience in financial reporting and project management.
• Knowledge of US GAAP and offshore drill finance preferred.

Responsibilities

• Coordinate budgeting, forecasting, and financial reporting for Projects.
• Identify financial drivers and summarize major risks.
• Support junior team members and manage workload.

Skills

Communication

Analytical Skills

Problem Solving

Collaboration

Education

Bachelor’s degree in Accounting, Finance, or Business Administration

Tools

Microsoft Office

Oracle ERP

Job description

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Job Title: Senior Rig Project Controller
Reporting To: Projects Costs Controller Manager
Function: Finance
Location: Houston, Texas, USA / Project location

About Seadrill

Seadrill is one of the world’s most modern offshore Deepwater drilling companies, operating amongst the world’s youngest and most technologically advanced fleets to unlock oil and gas resources for clients across harsh and benign locations around the globe. Seadrill’s high-quality, technologically advanced fleet spans all asset classes allowing its experienced crews to conduct operations across geographies, from shallow to ultra-deep-water environments. We employ over 2600 people around the world. Our vision is to Set the Standard in Drilling. It’s an ambitious goal. And every single one of us has a part to play. Help us to keep innovating, improving, and maintaining the highest safety standards, and we’ll give you what you need to be your best too.

**Job Summary**

This position supports the Project Management Team and the related financial reporting for all rigs with Rigs Projects, SPSs and any Contract Required Projects.

The Senior Rig Project Controller has an in-depth understanding of the financial position of all the assigned Projects, and can identify and summarize the major financial drivers, risks, and opportunities of the business.

The Senior Rig Project Controller supports Rig Project Controllers to resolve issues which present a potential financial impact are raised and resolved in a timely manner and in accordance with Seadrill policies and procedures.

This position is expected to maintain a strong relationship with Project Manager, Project members, Operations, Shared Service Center, and other support functions and be the key point of contact in the area for the key stakeholders.

Job Specific Responsibilities

• Coordinating Rig Project Controller/controller's to prepare the monthly and YTD variance bridge in monthly Reporting Package for Projects Team and Executive Management.
• Review management reports and Project reports (BTR or equivalent) to identify potential accruals and adjustments for goods and or services and feed this back to the Shared Service Centre.
• Collate, input, and review forecast and budget information submitted by Projects team, engineering/technical disciplines, operations, and marketing to provide a summary of the Projects EAC. Act as Business Partners to the Project Management team to challenge, identify and resolve complex discrepancies and issues based on experience and precedent. Continuous process improvement and implementation of improvements in current and future projects.
• The role includes but is not exclusive to preparation of the monthly accounts, the analysis of activities, balance sheet preparation, budgeting, and forecasting for the respective units. All activities will also be conducted in a SOX compliant manner in line with Seadrill’s control framework.
• If required (Depending on project) gather supporting documentation from the rig Project team for the customer billing process and provide this to the Shared Service Centre AR team and raise the billing and coordinate with operation finance as needed.
• Review of CIP account to ensure timely capitalization of projects. Provide commencement of depreciation period (inform SSC that asset is placed in service or is ready to use).
• Prepare audit query responses with Projects Control Manager as required by clients, regulatory bodies, and any other audits that might be required as per location requirements.
• Focus on project spend to ensure BTR (Budget Tracking or equivalent Reports) are updated accurately, and any discrepancies are highlighted to project management and Finance Manager. Initiate constructive discussions/weekly meetings with Project Rig cost controller and Project Manager to identify any potential savings and correctly analyze and report increases.
• Foster a culture of financial accountability, understanding, and discipline amongst senior budget owners through experienced business partnering and challenging ways of working with senior stakeholders.
• Coordinate the resolution of more complex outstanding local issues such as PIT/VAT reviews/issues/concerns.
• Provide efficiency control by comparing committed and actual project costs.
• Unifier / Orca system development and reporting functionality. Be Superuser in the system and help in training new joiners on how to use Unifier and Orca ERP systems.
• Support and advocate for the professional development of Junior Rig projects controllers, assign tasks and manage workload for team members.
• Reporting responsibilities as delegated from Finance Project Cost Controller Manager.
• All activities to be conducted in a SOX compliant manner in line with Seadrill’s control framework.

Safety at Seadrill

Our goal is to ensure that ‘nobody gets hurt’ whilst performing their job. Everyone at Seadrill has a part to play in meeting our safety commitment.

Through strong leadership and personal responsibility from all employees, we take a systematic approach to identifying, managing, and preventing hazards involved in our day-to-day operations. Nothing is more important to us than the health, safety, and security of our workforce and the communities in which we operate and behaving responsibly towards our shared environment. We are vigilant, disciplined, and always looking out for one another. We have developed and embedded a strong safety culture onshore and offshore, fostered by all employees, who each have a personal responsibility and the authority to put an immediate stop to the job if they believe it to be unsafe. Everyone at Seadrill is accountable for helping to build this culture of care.

Seadrill Behavioral Framework

In Seadrill, setting the standard is not just about what we deliver, but how we deliver it.

We co-created our Behavioural Framework with our employees, where we identified four key competencies that define our culture and help us to live our values. Our behaviours are embedded in the way we work and support and guide us day to day:

• Drive & Ownership
• Change & Forward Thinking
• Communication & Collaboration
• Service Delivery

Essential

Knowledge, Skills, and Experience

• Ability to communicate effectively with technical disciplines, project managers, and senior management.
• Ability to travel internationally and both onshore and offshore to project work sites.
• Experience in Oil and Gas industry, preferably with time spent on projects and financial reporting.
• Microsoft Office with Strong Excel skills.

Desired

• Finance / Accounting experience with the ability to apply financial and accounting practices and procedures (USGAAP).
• Possesses an in-depth understanding of the financial aspects of the drilling contract(s), Shipyard agreements, and major vendors.
• Highly numerate, strong analytical and problem-solving capabilities with an inquisitive mindset to find solutions.
• Excellent communication and influencing skills to manage senior stakeholders.
• Ability to build relationships across different cultures and disciplines.
• Ability to train and supervise junior team members.
• Ability to proactively identify pain points and work with other functions to ensure CI of processes and procedures through root cause analysis and training to ensure long-term fixes.
• Major ERP experience, preferably Oracle.
• Ability to consolidate and summarize data from multiple sources.
• Able to handle different Projects / Areas / operations.

Education and Qualifications

Minimum Requirements

• Bachelor’s degree in accounting, Finance, or Business Administration or equivalent.

Preferred

• 4-5 years of hands-on experience in Oil and Gas industry, preferably with a focus in offshore drilling, either directly or indirectly, e.g., audit experience in a public practice firm.
• Thorough understanding of the finance/accounting aspects of offshore business and how the various support roles interface (e.g., Supply Chain and Operations).

Join Seadrill

We value our people and want to retain them. So, we offer a competitive package built around an attractive base salary and a range of benefits tailored to your location.

Join Seadrill. Own the Opportunity.