The Role
Manages regional finance activities for drilling rigs, profit centers, and legal entities. Responsibilities include financial statement preparation, budgeting and forecasting, variance analysis, reconciliations, statutory audits, tax filings, accounts receivable, intercompany transactions, expenditure approvals, and accounts payable supervision. The role ensures financial controls and policy compliance, coordinates with auditors, tax consultants, customers, vendors, and internal departments, and may require occasional offshore or shipyard visits.
Summary Generated by Built In
Role SummaryThe Regional Finance Manager will be responsible for various financial tasks and analysis in relation to Rigs/Profit centres and Legal entities for the whole region. The Regional Finance Manager will also be responsible for all the local audit, tax and budget requirements. Apply the principles of accounting to prepare and analyse financial information for the assigned drilling rigs. 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.
- Review monthly financial results with assigned rig teams and provide variance analysis.
- Ensure that assigned day-to-day operations are carried out in accordance with established policies, objectives and budget.
- Prepare the budgeting/roll-forward forecast for the Region/Business Unit.
- Prepare timely Financial Statements for each of the legal entities for the Region/Business Unit.
- Complete statutory audit for the required legal entities in the Region/Business Unit.
- Ensure all statutory tax filings (e.g. PIT, WHT, VAT, CIT, etc.) are done accurately and on time.
- Liaise with external auditors and tax consultants.
- Liaise with customers and ensure Accounts Receivable are current.
- Ensure all BBC calculations are correct, timely and settled on a monthly/quarterly basis and any WHT if applicable applied.
- Ensure all inter-Company transactions are backed by legal documentation and settled on a monthly / quarterly basis.
- Prepare Bid Approval Sheets (BAS) for prospective projects/customers.
- Review and classification of special items, authorisation for financial expenditures (AFEs). Also review and close all AFEs on time.
- 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.
- Communicates internally with Cost Controller, Rig Managers, Heads of Departments, Co-workers and Colleagues.
- Communicates externally with auditors, customers and vendors to ensure all transactions are recorded and there are no open issues.
- Provide assistance to the Rig Manager and other functional departments with respect to their department cost.
- Ensure proper control and verification of all transaction and the recording of the same correctly.
- Ensure all audit, tax and budget requirements are met
- Supervise accounts payable function
- Office based role which requires attention to detail and data management working under general supervision and where problems can be difficult but not complex.
- Occasional offshore/shipyard visits may be required in this role.
- Relevant College degree/Diploma (Accounting and/or finance degree required), CA/ ACCA/CPA/CIMA/CMA qualifications preferred
- Extensive financial experience. Preferably experience with offshore drilling related environment.
- Excellent English verbal and written communications skills
- Candidate must pass a drug screen and background check
Skills Required
- Relevant college degree or diploma in accounting or finance
- Extensive financial experience
- Experience in an offshore drilling-related environment
- Excellent written and verbal English communication skills
- Must pass a drug screen and background check
- CA, ACCA, CPA, CIMA, or CMA qualification
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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.
