Finance Analyst II
Oceaneering Technologies (OTECH) finance group has a mid-level opportunity for a full-time Finance Project Analyst supporting the indirect rate development for the division.
About the role
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 manage the department's indirect spending for Bids and Proposals (B&P), Internal Research and Development (IRAD), and Capital Expenditures/Depreciation.
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 IRAD
- Review Capital Expenditure requests and forecast Depreciation
Requirements
- 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
- Ability to view the big picture with a good grasp for details
- U.S. Citizen and able to obtain a security clearance
Desired Qualifications
- Experience supporting AOP and long-range planning
Skills
- 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
- Works independently with limited oversight
Benefits
- Health and Wellness
- Mental Health
- Retirement Savings
- Life and Disability
- Paid Maternity and Parental Leave
- Paid Time Off
- Tuition Reimbursement
- Employee Assistance Program
Pay
The salary range for this position is $66,400 - $93,600.
About Us
Oceaneering is a global provider of engineered services and products, primarily to the offshore energy industry. We develop products and services for use throughout the lifecycle of an offshore oilfield, from drilling to decommissioning. We operate the world's premier fleet of work class ROVs. Additionally, we are a leader in offshore oilfield maintenance services, umbilicals, subsea hardware, and tooling. We also use applied technology expertise to serve the defense, material handling, aerospace, science, and renewable energy industries.
About The Team
Oceaneering Aerospace and Defense Technologies (AdTech) delivers solutions that enable humans to work safely and effectively in harsh environments – from underwater to the outer reaches of space. Our innovative solutions support the development and application of practical, cost-effective systems that meet our customers’ challenges – from routine to extreme. Our experience and expertise across multiple industries uniquely positions us as a leader in the government, space, and maritime services markets. Our products and services meet the rigorous demands of the complex environments in which they operate, delivering results without compromising safety or reliability.