Financial Project Analyst

Posted 2 Days Ago
Hanover, MD, USA
In-Office
69K-104K Annually
Mid level
Automotive • Information Technology • Other • Transportation • Energy
The Role
Prepare and analyze financial information for OTECH projects: support proposals, revenue forecasting, project controls (ETC/EAC/VAC), month-end close, customer reporting, AR/unbilled reviews, SOX compliance assistance, and cash flow/invoice processing. Interface with internal and external stakeholders and support annual operating and long-range planning.
Summary Generated by Built In

The Oceaneering Technologies (OTECH) finance group of Oceaneering International has a intermediate level opportunity for a full-time Finance Project Analyst. This position will prepare accurate financial information in a timely manner in order to support the financial requirements within OTECH and for assigned projects. Communication and teamwork are vital to success in this role as the position will be interfacing with several internal and external customers on a regular basis. The ability to prioritize in a fast-paced work environment will also be a key to success in this position. This position is based in Hanover, MD and may be eligible for a hybrid on-site/work from home arrangement.

Responsibilities

ESSENTIAL 

  • Support proposal development to include analyze the RFP, support proposal manager to generate the work breakdown structure and basis of estimate, fee recommendation utilizing weighted guidelines approach, and coordinate and produce a cost volume

  • Support Project Managers to prepare and analyze internal Revenue forecast for monthly, quarterly, and year end estimates

  • Lead project controls support to include weekly actuals report, hours summary report, estimate to complete (ETC) development, estimate at complete (EAC) development, and variance at completion (VAC) analysis 

  • Support month-end close process to provide Forecast vs Actual variances and journal entries

  • Support the Financial Manager in developing Annual Operating Plan and Long-Range Strategic Plans

  • Prepare, and support, monthly Customer reporting requirements 

  • Support cash flow collections by reviewing Accounts Receivable outstanding and Unbilled Accounts Receivable

  • Assist the regional finance lead in SOX compliance and testing and external regulatory reporting / compliance 

  • Maintain working knowledge of various government financial terminology, regulations, and clauses related to work assigned.

  • Provide support in invoice processing and program procurement.

 

NON-ESSENTIAL

  • Other duties as assigned inclusive of responsibilities outlined in the RASCI model related to your area of work.

 

 

Supervisory Responsibilities

  • This position does not have supervisory responsibilities.

Qualifications

REQUIRED

  • Bachelor’s degree in Business, Accounting or Finance and 3-8 years experience.

  • Understanding of percentage-of-completion (POC), cost plus fixed-fee (CPFF), time and materials (T&M) type contracts

  • Knowledge of cost accounting principles; Sarbanes-Oxley Act; and U.S. GAAP

  • Proficient Excel user with an understanding of financial modeling concepts 

  • 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

  • Earned Value management experience or desire to learn             

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 $69,100 - $103,700

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.

Equal Opportunity Employer: 
All qualified candidates will receive consideration for all positions without regard to race, color, age, religion, sex (including pregnancy), sexual orientation, gender identity, national origin, veteran status, disability, genetic information, or other non-merit factor.
About the Team
Oceaneering Aerospace and Defense Technologies (AdTech) delivers solutions that enable humans to work safely and effectively in harsh environments – from underwater to the outer reaches of space. Our innovative solutions support the development and application of practical, cost-effective systems that meet our customers’ challenges – from routine to extreme. Our experience and expertise across multiple industries uniquely positions us as a leader in the government, space, and maritime services markets. Our products and services meet the rigorous demands of the complex environments in which they operate, delivering results without compromising safety or reliability.

Skills Required

  • Bachelor's degree in Business, Accounting or Finance and 3-8 years experience
  • Understanding of percentage-of-completion (POC), cost plus fixed-fee (CPFF), and time and materials (T&M) contracts
  • Knowledge of cost accounting principles, Sarbanes-Oxley Act (SOX), and U.S. GAAP
  • Proficient Microsoft Excel user with understanding of financial modeling concepts
  • Strong analytical skills and knowledge of Microsoft PowerPoint
  • Ability to prepare forecasts, weekly actuals, hours summaries, ETC/EAC development, and variance analysis
  • Experience supporting month-end close, journal entries, and customer reporting
  • Required to be a US Citizen and able to obtain a security clearance
  • Earned Value Management experience or desire to learn

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: Houston, TX
11,000 Employees
Year Founded: 1964

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.

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