Role Summary
The Legal Entity Controller supports the Finance Manager and is responsible for maintaining legal entity financial records within the Region. The Legal Entity Controller manages the Region’s compliance with policies, procedures and controls (including Sarbanes Oxley compliance).In addition, the Legal Entity Controller is responsible for managing and preparing for internal and external audits, assisting with regional tax compliance, and assisting the Finance Manager with a wide range of ad-hoc financial projects when required (including but not limited to: cost controlling shipyard projects and rig reactivations).
Responsibilities
- Understand Borr’s vision and apply the company values in all business activities.
- Monitor and manage compliance with accounting policies and controls within the region, including compliance with Sarbanes Oxley controls and associated documentation requirements.
- Assist the Finance Manager during monthly and quarterly accounting closes to ensure all accounting entries are entered accurately and timely.
- Assist the Finance Manager to report and explain cost variances versus budget.
- Perform analysis to understand cost trends, and provide analysis to management to assist with decision making.
- Assist with monthly reforecasting, and during annual budget cycles.
- Oversees the efficient resolution of all intercompany differences throughout the close.
- Coordinates regional internal and external audits and works with Cost Controllers and Accountants in the region to meet reporting deadlines.
- Assist with regional tax compliance and work closely with the Corporate Tax team to ensure compliance with tax reporting deadlines.
- Provide support and information to other departments when requested/required to ensure accurate financial records (e.g. Supply Chain, HR, IT, Operations, Shipyard Projects).
- Provide cost control and accounting support for shipyard projects and rig reactivations.
- Monitor Authorization for Expenditure (“AFE”) compliance in the region, and ensure accounting classification is in line with group accounting policies.
- Assist with ad-hoc projects and other tasks as required.
Qualifications and Experience
- Minimum 4-year college degree/Diploma (Accounting and/or finance degree required), CA/ ACCA/CPA/CIMA/CMA qualifications preferred.
- Previous similar experience. Prefer experience in similar role within the Oil and Gas/Offshore Drilling related environment.
- Advanced MS Excel, MS Powerpoint working knowledge and ERP experience preferred
- Experience creating dashboards with MS PowerBI advantageous.
- Strong analysis, problem solving and excellent communications skills
- Ability to work independently and in a team environment
- Excellent verbal and written communications skills in English
- Candidate must pass a drug screen and background check, if required