Oceaneering International

Financial Project Analyst

Oceaneering International$69K — $103K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's in Business, Accounting, or Finance; 3-8 years experience
  • Understanding of POC, CPFF, T&M contracts
  • Knowledge of accounting principles, Sarbanes-Oxley, U.S. GAAP
  • Proficient in Excel with financial modeling skills
  • Detail-oriented with a big picture perspective
  • Must be a U.S. Citizen; eligible for security clearance

Responsibilities

  • Support proposal development and cost estimations
  • Assist Project Managers with internal revenue forecasts
  • Lead project control tasks including variance analyses
  • Facilitate month-end close processes for variance reporting
  • Aid in the development of annual and long-range financial plans
  • Prepare monthly customer reports
  • Support cash flow management by reviewing receivables
  • Assist in SOX compliance and regulatory reporting

Benefits

  • Health and Wellness
  • Mental Health support
  • Retirement Savings plans
  • Life and Disability insurance
  • Paid Maternity and Parental Leave
  • Paid Time Off
  • Tuition Reimbursement
  • Employee Assistance Program
Full Job Description
Job Description

The Oceaneering Technologies (OTECH) finance group of Oceaneering International has a intermediate level opportunity for a full-time Finance Project Analyst. This position will prepare accurate financial information in a timely manner in order to support the financial requirements within OTECH and for assigned projects. Communication and teamwork are vital to success in this role as the position will be interfacing with several internal and external customers on a regular basis. The ability to prioritize in a fast-paced work environment will also be a key to success in this position. This position is based in Hanover, MD and may be eligible for a hybrid on-site/work from home arrangement.

Responsibilities

ESSENTIAL
  • Support proposal development to include analyze the RFP, support proposal manager to generate the work breakdown structure and basis of estimate, fee recommendation utilizing weighted guidelines approach, and coordinate and produce a cost volume
  • Support Project Managers to prepare and analyze internal Revenue forecast for monthly, quarterly, and year end estimates
  • Lead project controls support to include weekly actuals report, hours summary report, estimate to complete (ETC) development, estimate at complete (EAC) development, and variance at completion (VAC) analysis
  • Support month-end close process to provide Forecast vs Actual variances and journal entries
  • Support the Financial Manager in developing Annual Operating Plan and Long-Range Strategic Plans
  • Prepare, and support, monthly Customer reporting requirements
  • Support cash flow collections by reviewing Accounts Receivable outstanding and Unbilled Accounts Receivable
  • Assist the regional finance lead in SOX compliance and testing and external regulatory reporting / compliance
  • Maintain working knowledge of various government financial terminology, regulations, and clauses related to work assigned.
  • Provide support in invoice processing and program procurement.


NON-ESSENTIAL
  • Other duties as assigned inclusive of responsibilities outlined in the RASCI model related to your area of work.


Supervisory Responsibilities
  • This position does not have supervisory responsibilities.


Qualifications

REQUIRED
  • Bachelor's degree in Business, Accounting or Finance and 3-8 years experience.
  • Understanding of percentage-of-completion (POC), cost plus fixed-fee (CPFF), time and materials (T&M) type contracts
  • Knowledge of cost accounting principles; Sarbanes-Oxley Act; and U.S. GAAP
  • Proficient Excel user with an understanding of financial modeling concepts
  • Able to view the big picture with a good grasp for details
  • Required to be a US Citizen and able to obtain a security clearance


DESIRED
  • Earned Value management experience or desire to learn

Knowledge, Skills, Abilities, and Other Characteristics
  • Strong analytical skills and knowledge of Microsoft Excel and Microsoft PowerPoint
  • Excellent verbal and written communication skills
  • A collaborative working style and ability to work across multiple geographies and with a distributed workforce
  • Systematic, solution-oriented and flexible
  • Solves problems and acts decisively on problems of moderate complexity and financial risk
  • Work independently with limited oversight

We offer a comprehensive and competitive benefits package. Employee benefits vary by role, however, may include Health and Wellness, Mental Health, Retirement Savings, Life and Disability, Paid Maternity and Parental Leave, Paid Time Off, Tuition Reimbursement, and an Employee Assistance Program.

The salary range for this position is $69,100 - $103,700

About the Team

Oceaneering Aerospace and Defense Technologies (AdTech) delivers solutions that enable humans to work safely and effectively in harsh environments - from underwater to the outer reaches of space. Our innovative solutions support the development and application of practical, cost-effective systems that meet our customers' challenges - from routine to extreme. Our experience and expertise across multiple industries uniquely positions us as a leader in the government, space, and maritime services markets. Our products and services meet the rigorous demands of the complex environments in which they operate, delivering results without compromising safety or reliability.

About Oceaneering International

Oceaneering International, Inc. is a global provider of engineered services and products, primarily to the offshore oil and gas industry, with a focus on deepwater applications. The company's services and products are marketed worldwide to oil and gas companies, government agencies, and firms in the aerospace, marine engineering, and construction industries. Oceaneering International operates through five segments: Remotely Operated Vehicles, Subsea Products, Subsea Projects, Asset Integrity, and Advanced Technologies. The company was founded in 1964 and is headquartered in Houston, Texas.
Learn more about Oceaneering International
Size
8,500 employees
Market Cap
$1.6 billion
Industry
Net Income
-$496.7 million
Founded
1964
5 Year Trend
-3.8%
Revenue
$1.8 billion
NASDAQ

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