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Finance Analyst II

Job Description - Finance Analyst II

Description

The Oceaneering Technologies (OTECH) finance group of Oceaneering International has a mid-level opportunity for a full-time Finance Project Analyst supporting the indirect rate development for the division. The Indirect Rate Analyst is responsible for developing, monitoring, analyzing, and reporting indirect rates in support of OTECH financial performance, contract compliance, and annual operating plans (AOP). This role partners closely with Finance, Accounting, Contracts, and Program Management to ensure indirect rates are accurate, compliant, and aligned with business strategy. 

This position will also be responsible for managing the departments indirect spending for Bids and Proposals (B&P), Internal Research and Development (IRAD), and Capital Expenditures/Deprecation. 



Responsibilities
  • Develop and maintain indirect rate forecasts and projections

  • Monitor actual indirect costs and allocations against AOP targets for division’s cost centers

  • Analyze variances between forecast, budget, and actual results

  • Identify drivers of indirect rate fluctuations and emerging risks

  • Support rate strategy decisions and mitigation plans

  • Ensure proper cost allocation, pool structure, and base integrity

  • Monitor spending visibility of B&P and IRD

  • Review Capital Expenditure requests and forecast Depreciation



Qualifications

  • Bachelor’s degree in Business, Accounting or Finance preferred, and two-five years of experience

  • Working knowledge of indirect rate structures and cost allocation

  • Knowledge of cost accounting principles; Sarbanes-Oxley Act; and U.S. GAAP

  • Understanding of FAR cost principles (FAR Part 31 preferred)

  • Strong analytical and excel skills

  • 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

  • Experience supporting AOP and long-range planning      

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 $66,400 - $93,600



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