Financial Project Analyst

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. T his position is based in Hanover, MD and may be eligible for a hybrid on-site/work from home arrangement.

• 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.

• 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.

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

• This position does not ha ve supervisory responsibilities.

• 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…