Jobs Companies Transocean Analyst II, Subsidiary Reporting

About this Analyst II, Subsidiary Reporting role at Transocean

Transocean · Onsite · Houston, TX USA Enclave Pkwy
Finance Group

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.

Job Summary

Prepare 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. Facilitate the annual audited financial statements, collaborating with other functions and providing support to external auditors. Prepare government reports for certain entities, as required. Coordinate the creation and tracking of projects for external auditor fees.

Job Description

Key Roles & 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.

Education:

  • Minimum Required: Bachelor's Degre with a major in Accounting or Finance.

  • Preferred Level: Master's Degree; CPA or pursuit of a CPA

Experience:

  • Minimum Required: 3 years of professional experience in accounting

  • Preferred Level: 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.

Skills:

  • Minimum Required: Proficiency with U.S. GAAP, with basic knowledge of International Accounting Standards. Experienced with preparing financial statements including footnotes, Microsoft Excel.

  • Preferred Level: Advanced Microsoft Excel; Motivated self-started who can work independently.

Pre-Requisite/ Qualifications:

  • Must successfully complete pre-employment drug screen.

  • Must successfully complete pre-employment background check.

If you want to push yourself to great achievement, let Transocean develop your career.

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About Transocean

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business, with a particular focus on ultra-deepwater and harsh environment drilling services and operates the highest specification floating offshore drilling fleet in the world. Transocean owns or has partial ownership interests in and operates a fleet of 27 mobile offshore drilling units, consisting of 20 ultra-deepwater floaters and seven harsh environment floaters.

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