Specialist, Project Accounting Reporting & Analysis (PARA) will support in the Project accounting activities, including budgeting, forecasting, variance analysis, and financial performance monitoring. The ideal candidate will have strong analytical skills, deep attention to detail, and the ability to interpret complex financial data to support business decisions.
• Perform project accounting activities and ensure accurate financial reporting for projects.
• Review, validate, and consolidate project revenue.
• Drill down into project cost items and validate accuracy and completeness.
• Work with stakeholders to compile financial forecasts including project revenue, costs, job profit, indirect costs, and depreciation.
• Perform variance analysis of actual versus forecasted revenue and costs and identify key drivers for variances.
• Leverage Oracle Fusion for project accounting, reporting, and transaction processing.
• Prepare Balance Sheet reconciliations.
• Perform FLUX analysis and provide meaningful business insights.
• Prepare revenue accrual schedules and record journal entries.
• Prepare cost accrual schedules and record journal entries.
• Review project costs and, in collaboration with Project Managers, prepare project cost and revenue schedules.
• Assist in external and internal audits.
• Ensure all audit, regulatory, and compliance reporting requirements are adhered to.
Qualifications & Skills Required
• MBA (Finance) or CMA certification or equivalent professional accounting qualification.
• Proven experience in project accounting, financial planning, forecasting, and reporting.
• Experience working with Oracle Fusion.
• Expertise in Microsoft Office applications, particularly Excel, PowerPoint, and Word.
• Experience using Power BI and other reporting and analytics tools.
• Exceptional attention to detail with the ability to deep dive into financial data and identify trends, risks, and opportunities.
• Strong analytical, reconciliation, and problem-solving skills.
• Strong communication and stakeholder management skills.
• A collaborative working style and ability to work across multiple geographies and with a distributed workforce.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
About Us
Overview
Since year 2003, Oceaneering’s India Center has been an integral part of operations for Oceaneering’s robust product and service offerings across the globe. This center caters to diverse business needs, from oil and gas field infrastructure, subsea robotics to automated material handling & logistics.
Our multidisciplinary team offers a wide spectrum of solutions, encompassing Subsea Engineering, Robotics, Automation, Control Systems, Software Development, Asset Integrity Management, Inspection, ROV operations, Field Network Management, Graphics Design & Animation, and more.
In addition to these technical functions, Oceaneering India Center plays host to several crucial business functions, including Finance, Supply Chain Management (SCM), Information Technology (IT), Human Resources (HR), and Health, Safety & Environment (HSE).
Our world class infrastructure in India includes modern offices, industry-leading tools and software, equipped labs, and beautiful campuses aligned with the future way of work. Oceaneering in India as well as globally has a great work culture that is flexible, transparent, and collaborative with great team synergy.
At Oceaneering India Center, we take pride in “Solving the Unsolvable” by leveraging the diverse expertise within our team. Join us in shaping the future of technology and engineering solutions on a global scale.
Skills Required
- MBA (Finance) or CMA certification or equivalent professional accounting qualification
- Proven experience in project accounting, financial planning, forecasting, and reporting
- Experience working with Oracle Fusion
- Expertise in Microsoft Office applications, particularly Excel, PowerPoint, and Word
- Experience using Power BI and other reporting and analytics tools
- Exceptional attention to detail and ability to interpret complex financial data
- Strong analytical, reconciliation, and problem-solving skills
- Strong communication and stakeholder management skills
- Ability to prepare balance sheet reconciliations, revenue and cost accrual schedules, and record journal entries
- Ability to work across multiple geographies and manage multiple priorities in a fast-paced environment
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.
