Rig Accountant
Current*Coordinated the preparation of annual budgets and quarterly forecasts for assigned rigs. *Generated input for revenue, expenses, and project(Capex and Opex) forecasts and Budget.*Prepared monthly management financial statements and reporting packages, and analyzed variances arising from the financial review.*Reconciled all rig-related balance sheet accounts to ensure completeness and accuracy.*Spearheaded a 30% cost reduction initiative on rig operating expenditure by reviewing rig cost drivers in conjunction with the rig offshore management team.*Provided support to the Rig Manager in terms of performance reporting, procedures, and policies regarding finance, Key Performance Indicators (KPIs), capital expenditures, and contract review.*Responsible for cost and financial control of all cost centers related to the rig company*Supervised the billing of receivable items and collection of receivables from clients*Prepared and reviewed project Work Breakdown Structures (WBS) in accordance with the Company policy.*Statutory and internal audit process for assigned rig company. Liaised with internal and external auditors as required.
