The Oceaneering Technologies (OTECH) finance group of Oceaneering International has a mid-level opportunity for a full-time Finance Project Analyst supporting the indirect rate development for the division. The Indirect Rate Analyst is responsible for developing, monitoring, analyzing, and reporting indirect rates in support of OTECH financial performance, contract compliance, and annual operating plans (AOP). This role partners closely with Finance, Accounting, Contracts, and Program Management to ensure indirect rates are accurate, compliant, and aligned with business strategy.
This position will also be responsible for managing the departments indirect spending for Bids and Proposals (B&P), Internal Research and Development (IRAD), and Capital Expenditures/Deprecation.
ResponsibilitiesDevelop and maintain indirect rate forecasts and projections
Monitor actual indirect costs and allocations against AOP targets for division’s cost centers
Analyze variances between forecast, budget, and actual results
Identify drivers of indirect rate fluctuations and emerging risks
Support rate strategy decisions and mitigation plans
Ensure proper cost allocation, pool structure, and base integrity
Monitor spending visibility of B&P and IRD
Review Capital Expenditure requests and forecast Depreciation
REQUIRED
Bachelor’s degree in Business, Accounting or Finance preferred, and two-five years of experience
Working knowledge of indirect rate structures and cost allocation
Knowledge of cost accounting principles; Sarbanes-Oxley Act; and U.S. GAAP
Understanding of FAR cost principles (FAR Part 31 preferred)
Strong analytical and excel skills
Able to view the big picture with a good grasp for details
Required to be a US Citizen and able to obtain a security clearance
DESIRED
Experience supporting AOP and long-range planning
Knowledge, Skills, Abilities, and Other Characteristics
Strong analytical skills and knowledge of Microsoft Excel and Microsoft PowerPoint
Excellent verbal and written communication skills
A collaborative working style and ability to work across multiple geographies and with a distributed workforce
Systematic, solution-oriented and flexible
Solves problems and acts decisively on problems of moderate complexity and financial risk
Work independently with limited oversight
We offer a comprehensive and competitive benefits package. Employee benefits vary by role, however, may include Health and Wellness, Mental Health, Retirement Savings, Life and Disability, Paid Maternity and Parental Leave, Paid Time Off, Tuition Reimbursement, and an Employee Assistance Program.
The salary range for this position is $66,400 - $93,600
About UsOceaneering is a global provider of engineered services and products, primarily to the offshore energy industry. We develop products and services for use throughout the lifecycle of an offshore oilfield, from drilling to decommissioning. We operate the world's premier fleet of work class ROVs. Additionally, we are a leader in offshore oilfield maintenance services, umbilicals, subsea hardware, and tooling. We also use applied technology expertise to serve the defense, material handling, aerospace, science, and renewable energy industries.Skills Required
- Bachelor's degree in Business, Accounting, or Finance
- Two to five years of relevant experience
- Working knowledge of indirect rate structures and cost allocation
- Knowledge of cost accounting principles, Sarbanes-Oxley Act, and U.S. GAAP
- Understanding of FAR cost principles
- FAR Part 31 knowledge
- Strong analytical skills and Microsoft Excel proficiency
- Knowledge of Microsoft PowerPoint
- Ability to view the big picture while attending to details
- U.S. citizenship and ability to obtain a security clearance
- Experience supporting AOP and long-range planning
Oceaneering Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Oceaneering and has not been reviewed or approved by Oceaneering.
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Healthcare Strength — Healthcare offerings are portrayed as comprehensive, including private medical insurance and broad medical, dental, and vision coverage tailored to local markets. In several contexts, coverage is characterized as good to outstanding.
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Retirement Support — Retirement programs include pension/retirement plans and a U.S. 401(k), which are consistently highlighted as part of a competitive package. These elements are described as contributing meaningful value to overall compensation.
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Leave & Time Off Breadth — Leave programs include PTO/vacation, paid holidays, and paid sick leave, with annual leave emphasized globally. Time-off provisions are noted as a steady component of total rewards even when salary opinions differ.
Oceaneering Insights
What We Do
Oceaneering pushes the frontiers of deep water, space and motion entertainment environments to execute with new, leading-edge connections to solve tomorrow’s challenges, today. As the trusted subsea connection specialist, our experience combined with the depth and breadth of our portfolio of technologies allows us to engineer solutions for the most complex subsea challenges. From routine to extreme, our integrated products, services, and innovative solutions safely de-risk operational systems, increase reliability, and enable a lower total cost of ownership. We are connecting what’s needed with what’s next as the world’s largest ROV operator and the leading ROV provider to the oil and gas industry with over 300 systems operating worldwide. With our safety-focused and innovative approach, we responsively and decisively react to subsea challenges while providing solutions swiftly and efficiently.
