Analyst II, Subsidiary Reporting

Transocean • Houston, TX

21h

About The Position

Transocean is focused on being the employer of choice for the drilling industry. We are challenging ourselves every day to push the performance of the company through technological advances and passion for our work. This role prepares annual and quarterly, audited and unaudited subsidiary consolidated, combined or standalone financial statements, with or without footnotes, as required for statutory or debt compliance or requested for customer requirements or other purposes. This role also facilitates the annual audited financial statements, collaborating with other functions and providing support to external auditors. Additionally, it prepares government reports for certain entities, as required, and coordinates the creation and tracking of projects for external auditor fees.

Requirements

• Bachelor's Degree with a major in Accounting or Finance.
• 3 years of professional experience in accounting.
• Proficiency with U.S. GAAP, with basic knowledge of International Accounting Standards.
• Experienced with preparing financial statements including footnotes.
• Microsoft Excel.
• Must successfully complete pre-employment drug screen.
• Must successfully complete pre-employment background check.

Nice To Haves

• Master's Degree
• CPA or pursuit of a CPA
• 3 years of professional experience in accounting, with an emphasis on financial reporting and general ledger.
• Experience with multi-level consolidations, preparation of financial statement and footnotes in accordance with U.S. GAAP, preparation of supporting workpaper documentation and public accounting is a plus.
• Advanced Microsoft Excel
• Motivated self-starter who can work independently.

Responsibilities

• Prepare quarterly unaudited consolidated and combined financial statements for certain subsidiary issuers of secured debt requiring financial statements for debt compliance, including financial covenant ratios. Prepare trial balances, adjusting entries, variance analysis and other analytics, supporting schedules, and workpapers, as required.
• Prepare annual and semiannual audited and unaudited consolidated financial statements for certain subsidiary issuers and guarantors requiring financial statements for debt compliance, guarantee requirements, marketing requirements and other purposes. Prepare trial balances, adjusting entries, variance analysis and other analytics. Facilitate audits for the audited entities and coordinate the assembly of supporting documentation collected from other functions.
• Prepare annual audited statutory financial statements for entities incorporated in Switzerland. Prepare trial balance, adjusting entries, variance analysis and other analytics. Facilitate audits and coordinate the assembly of supporting documentation collected from other functions.
• Prepare quarterly, annual, and quinquennial government reports. Submit required reports to the government agencies, and respond to questions, as required.
• Create and update project authorizations to track engagements for the independent auditor. Reconcile and report on full year fees for the audit committee and for public disclosure.
• Perform additional duties, tasks, analysis, as requested, including preparing journal entries for subsidiary transactions, such as subsidiary business combinations, disposals, intercompany transactions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level