Senior Rig Accountant

Reposted 2 Hours Ago
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Houston, TX, USA
In-Office
Senior level
Energy
The Role
Serve as a finance business partner managing P&L for two ultra-deepwater drillships, lead forecasting and budgeting, perform variance and balance sheet analysis, prepare customer invoices, support collections and indirect tax compliance, mentor junior staff, and deliver ad-hoc financial and contract analyses to support operations.
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

Join Transocean, a progressive company that is leading its industry, where we offer an array of competitive benefits, including a 401K employer contribution that leads the market.
At Transocean, we foster a work environment that values work-life balance, offering flexible work schedules, including half-Fridays off.
We are looking for a motivated and ambitious finance professional who thrives on variety, enjoys tackling new challenges, and is eager to broaden their expertise across multiple disciplines within finance and accounting.
This is a uniquely diverse role that goes far beyond traditional accounting or financial analysis. As a trusted finance business partner to our Operations team, you will gain exposure to a wide range of responsibilities, including financial performance management, forecasting, balance sheet stewardship, operational analysis, and people development. The breadth of the position provides a challenging and rewarding environment where there is always something new to learn and opportunities to make a meaningful impact.

Job Description

Key responsibilities include:

  • Managing the P&L of two ultra-deepwater drillships operating in the Gulf of Mexico, including revenue preparation ($300-$350 million annually), cost tracking, and variance analysis
  • Playing an active role in quarterly forecasting and financial planning processes
  • Serving as a key business partner to Operations, helping translate operational performance into financial insights and decision-making
  • Mentoring junior analysts and accountants and supporting the onboarding and development of new team members
  • Preparation and submission of monthly customer invoices with full support and maintenance of same within accounting system
  • Following up with customers and coordinate with operations to ensure contract terms for payment/collections are adhered to
  • Monthly and Quarterly balance sheet account analysis of cost center and entity driven accounts for the responsible cost centers and Business Units
  • Compilation of Monthly Budget Variance (BudVar) analysis report inclusive of applicable variance explanations/notes in accordance with month end timetable and structure
  • Ensure the correct local business rules for entity accounting are adhered to
  • Quarterly forecast and annual budget preparation for rigs and cost centers assigned
  • Adhoc requests and analysis as required by supervisor to support role and business. Also assigned to specific accounting projects. Preparation of contracts summary and review with Rig Manager and Supervisor
  • Involved in fiscal compliance of indirect taxes

Education:

  • Minimum Required: Bachelor's Degree
  • Preferred: CPA or CA

Experience:

  • Minimum Required: Six years in Accounting
  • Preferred: Drilling Contractor or O&G background

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

Skills Required

  • Bachelor's Degree
  • Six years in Accounting
  • CPA or CA
  • Drilling Contractor or Oil & Gas background
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The Company
HQ: 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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