Analyst II, Subsidiary Reporting / Legal Entity Reporting

Reposted 22 Days Ago
Be an Early Applicant
Houston, TX
In-Office
Mid level
Energy
The Role
Prepare audited and unaudited financial statements, facilitate audits, and handle government reports. Coordinate with external auditors and support compliance activities.
Summary Generated by Built In
Finance Group

Transocean is focused on being the employer of choice for the drilling industry.

We are challenging ourselves every day to push the performance of the company through technological advances and passion for our work.

Job Summary

Prepare annual and quarterly, audited and unaudited subsidiary consolidated, combined or standalone financial statements, with or without footnotes, as required for statutory or debt compliance or requested for customer requirements or other purposes. Facilitate the annual audited financial statements, collaborating with other functions and providing support to external auditors. Prepare government reports for certain entities, as required. Coordinate the creation and tracking of projects for external auditor fees.

Job Description

Key Roles & Responsibilities

  • Prepare quarterly unaudited consolidated and combined financial statements for certain subsidiary issuers of secured debt requiring financial statements for debt compliance, including financial covenant ratios.  Prepare trial balances, adjusting entries, variance analysis and other analytics, supporting schedules, and workpapers, as required.
  • Prepare annual and semiannual audited and unaudited consolidated financial statements for certain subsidiary issuers and guarantors requiring financial statements for debt compliance, guarantee requirements, marketing requirements and other purposes. Prepare trial balances, adjusting entries, variance analysis and other analytics. Facilitate audits for the audited entities and coordinate the assembly of supporting documentation collected from other functions.
  • Prepare annual audited statutory financial statements for entities incorporated in Switzerland. Prepare trial balance, adjusting entries, variance analysis and other analytics. Facilitate audits and coordinate the assembly of supporting documentation collected from other functions.
  • Prepare quarterly, annual, and quinquennial government reports. Submit required reports to the government agencies, and respond to questions, as required.
  • Create and update project authorizations to track engagements for the independent auditor.  Reconcile and report on full year fees for the audit committee and for public disclosure.
  • Perform additional duties, tasks, analysis, as requested, including preparing journal entries for subsidiary transactions, such as subsidiary business combinations, disposals, intercompany transactions.

If you want to push yourself to great achievement, let Transocean develop your career.

Top Skills

Auditing
Financial Reporting
Financial Statement Preparation
Government Compliance
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The Company
Zug
10,382 Employees

What We Do

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.

Transocean owns or has partial ownership interests in, and operates a fleet of 37 mobile offshore drilling units including 27 ultra-deepwater floaters, and 10 harsh environment floaters. In addition, Transocean is constructing two ultra-deepwater drillships

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