The Role
Manages financial accounting and analysis for drilling rig profit centers and legal entities. Responsibilities include preparing and reviewing financial statements, reconciliations, budgets, forecasts, variance analyses, vendor invoices, expenditures, and customer invoices. The role ensures policy and internal-control compliance, collaborates with cross-functional teams and management, and maintains accurate financial documentation.
Summary Generated by Built In
Role SummaryThe 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.
- 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.
Skills Required
- Minimum four-year college degree or diploma in Accounting or Finance
- Minimum five years of financial experience
- Excellent English verbal and written communication skills
- Pass a drug screen and background check
- CA, ACCA, CPA, CIMA, or CMA qualification
- Experience in an offshore drilling-related environment
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The Company
What We Do
Borr Drilling Limited is an international offshore shallow-water drilling contractor serving the global oil and gas industry. The company operates a modern fleet of high-specification jack-up rigs for exploration, production, workover, plug-and-abandonment, and carbon capture and storage projects. Its mission emphasizes safe, efficient, sustainable operations, global presence, diversified customers, and delivering reliable drilling services while supporting local workforce development.
