Borr Drilling

Offshore shallow-water drilling contractor and operator

Cost Controller

Cost & Management AccountingUpdated on Nov 14

Full-timeAberdeen, UKNo salary listedIn-person

About the Job

Requirements

A four-year college degree or diploma in Accounting and/or Finance is required.
At least five years of financial experience is required.
Excellent verbal and written English communication skills are required.
The candidate must pass a drug screen and background check.

Responsibilities

Review monthly Profit and Loss statements and analyze accounts for assigned rig profit centers; reconcile balance sheets for legal entities.
Prepare monthly Profit and Loss statements and analyze accounts for assigned rig profit centers.
Review monthly financial results with assigned rig teams and provide variance memoranda and schedules.
Ensure assigned day-to-day operations comply with established policies, objectives, and budgets.
Participate substantially in budgeting and rolling forecast processes.
Review vendor invoices for assigned areas for appropriate documentation and account coding.
Review and classify special items and authorize financial expenditures (AFEs).
Interact and liaise with Contracts, Supply Chain, Human Resources, and Technical departments, as well as multiple levels of management.
Maintain files and documentation thoroughly and accurately in accordance with company policy.
Determine priorities for preparing multiple projects on a timely basis.
Perform other assigned duties, responsibilities, and special projects as directed by the immediate superior or undertaken on own initiative.
Issue customer invoices and interact with customers and vendors.
Apply accounting principles to prepare and analyze financial information for assigned drilling rigs and the Region or Corporate.
Ensure compliance with company policies and procedures and related internal controls.
Apply the company’s vision and values in business activities.

Desired Qualifications

Experience in an offshore drilling-related environment is preferred.
CA, ACCA, CPA, CIMA, or CMA qualifications are preferred.

Role Summary

The Cost Controller will be responsible for various financial tasks and analysis in relation to Rigs / Profit centers and Legal entities. Issue customer invoices and interact with Customers and vendors. Apply the principles of accounting to prepare and analyse financial information for the assigned drilling rigs and Region or Corporate. Ensure compliance with the company’s policies and procedures and related internal controls.

Responsibilities

Understand Borr’s vision and apply the company values in all business activities.
Review of monthly Profit & Loss statement and account analysis for assigned rig profit centres and balance sheet reconciliations for Legal entities.
Preparation of monthly Profit & Loss statement and account analysis for assigned rig profit centres.
Review monthly financial results with assigned rig teams and provide variance memos/schedules.
Ensure that assigned day-to-day operations are carried out in accordance with established policies, objectives and budget.
Heavy participation in the budgeting/roll-on forecast processes.
Review assigned area related vendor invoices for appropriate documentation and account coding.
Review and classification of special items, authorisation for financial expenditures (AFEs).
Interact and liaise with a variety of departments (Contracts, supply chain, HR, Technical) within the organization as well as multiple levels of management.
Maintain files and documentation thoroughly and accurately, in accordance with company policy.
Determine priorities in the preparation of multiple projects on a timely basis.
Participate in any other assigned duties, responsibilities and special projects as directed by immediate superior or determined on own initiative.

Qualifications and Experience

Minimum 4-year college degree/Diploma (Accounting and/or finance degree required), CA/ ACCA/CPA/CIMA/CMA qualifications preferred.
Minimum 5 years of financial experience. Prefer experience with offshore drilling related environment.
Excellent English verbal and written communications skills.
Candidate must pass a drug screen and background check.

About the Company

Borr Drilling

Offshore shallow-water drilling contractor and operator

Borr Drilling provides offshore shallow-water drilling services worldwide. It owns and operates a fleet of premium jack-up drilling rigs that can operate in water depths up to about 400 feet. Its offering combines rig ownership with full drilling services, including exploration, production, workover, plug and abandon, and carbon capture and storage (CCS) drilling, supported by equipment provision and a skilled workforce. The company emphasizes safe, efficient, and sustainable operations within a strong value chain to meet client needs and deliver high-quality offshore drilling services. What sets Borr Drilling apart is its modern, capable fleet, solid operational track record, and an integrated approach that covers rig ownership, operation, equipment provision, and extensive support services. The company’s goal is to be a leading offshore drilling contractor delivering reliable, safe, and efficient offshore drilling services to customers worldwide.

Company size: 1,001-5,000
Company stage: IPO
Headquarters: Westhill, United Kingdom
Founded: 2016

Recently Posted Jobs

Explore more opportunities at Borr Drilling

See more jobs