Subsea 7 are looking for a Skillpool Accountant to work within the Offshore Resources finance team. The Offshore Resources team provides the equipment, vessels and people that power Subsea 7 projects worldwide.
At Subsea 7, we take pride in being recognised globally as a leader across the Energy Industry. For 5 decades our people have delivered over 1,000 projects in all water depths across our energy hubs and we continue to do so, adapting and evolving in an ever-changing world. Our sustainability and ongoing success are only possible through innovation, collaboration and the development and diversity of our people, assets, and technology.
DESCRIPTION OF FUNCTION
The Offshore Resources Finance and Project Controls Department provides accounting, cost control, reporting and tax support to the other Offshore Resources Departments, to the Pipeline Group, and to the Regions in terms of Vessel accounting, forecasting and reporting.
Key Offshore Resources Finance Activities
- Preparation of annual budgets and monthly forecasts for vessels, construction pool equipment, ROVs, Pipeline Group, Offshore Crewing and Offshore Resources Overheads.
- Calculation of vessel, equipment, ROV and offshore personnel White Book Rates.
- Preparation of annual Offshore Resources related capital expenditure budgets and the subsequent cost control and forecasting of approved capital projects.
- Tax planning, tax forecasting and financial accounting for the Offshore Resources legal entities.
- Preparation of the monthly Offshore Resources Management Report.
- Bid support to Sales and Marketing with respect to vessels, offshore personnel and equipment costs.
The Key principles under which Offshore Resources Finance operate
- Offshore Resources Finance work with the Regional Finance Departments and the Corporate Finance Department to provide the most cost-effective accounting support solution to the business.
- Offshore Resources Finance ensures that the Subsea 7 accounting policies and procedures are upheld within Offshore Resources.
MAIN DUTIES & RESPONSIBILITIES:
- Actively communicate with budget holders to plan, monitor, and advise on financial performance, explaining financial information in a clear and concise way to non-finance personnel.
- Timely preparation of monthly LTF reports for assigned Skillpools. This will include variance analysis of actuals and forecasts.
- Preparation of annual budget and calculation of White book rates (WBR) for assigned Skillpools.
- Validation of 3rd party costs for assigned skillpools, ensuring all internal processes and procedures have been followed.
- Assist the finance team to ensure compliance with the monthly, quarterly and annual reporting requirements.
- Preparation of reconciliations and analysis with relevant and appropriate back up and critical analysis of the balances.
- Reconciliation of offshore travel costs within the Onboard Tracker system, liaising with relevant parties internal and external to resolve any queries identified.
- Ensure continuous compliance with all Finance policies, process and procedures.
- Pro-actively identify process improvement opportunities and help to establish best practice, standardisation and ways of working.
- Other ad hoc tasks and projects as required.
KEY RELATIONSHIPS / STAKEHOLDERS:
- OR Finance Team
- Skillpool Planners / Crewing Managers
- Offshore HR, L&D, HR Systems, Payroll
- Projects & Operations teams
PERSON SPECIFICATION
Qualifications and Education
- Educated to degree level in a relevant stream (Finance/Accounting/Business) (Preferred)
- The candidate should be a Qualified Accountant or working on obtaining and accounting qualification (Essential)
Experience
- Relevant experience working within a similar environment (Essential)
- Proven track record of good quality accurate analysis and analytical review (Essential)
- Understanding of chart of accounts, legal entity or management reporting structures (Essential)
- Experience in interfacing with various stakeholders as mentioned above
IT Systems
- Detailed working knowledge of SAP (or Equivalent) and underlying modules that impact the General Ledger (Essential)
- Experience of running reports and data extraction for input into excel models (Essential)
- Ability to work with Excel, Word and PowerPoint (Essential)
- Working knowledge of Business Objects Financial Consolidation (BFC) (Desirable)
Behaviours/Attributes
- Able to demonstrate ability to work as part of a team.
- Positive attitude and initiative, challenging the status quo with new ideas and improvements.
- Performance focus, strives to improve, learn and utilise feedback.
- Anticipates potential problems and works to overcome them.
- Pro-active and constructive communication with all stakeholders.
- Good time management skills - ability to independently, plan and prioritise workloads to meet tight deadlines.
Subsea 7 are committed to creating a diverse workforce, offering excellent career opportunities, as well as providing a wide range of benefits and a flexible working environment.