Company: Transocean
Skills: Accounting
Experience: 2 + Years
Education: Associates/2 yr Degree/Diploma
Employment Type: Full Time Salaried Employee
Location: Houston, Texas, United States

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
Apply the principles of accounting in order to prepare timely, accurate financial records in compliance with the company's policies and procedures and related internal controls.
Job Description

Coordinate with Project Administrator and Rig Accountant to efficiently complete month end closing including booking transactions for cost reclassification, accruals, allocation and deferrals.
Assist Finance Manager to Prepare and review shipyard Monthly material variance overview statement with Project Team.
Assist Finance Manager to prepare Monthly material variance overview statement for Projects Overhead and pools Cost centers.
Prepare Forecasts/Budget Input (currently quarterly) - for Pool & OH cost centers in Forecast system and compile associated presentations for Finance Manager review.
Download, review and reconcile, the Project Costing Pivot table as required and interface with relevant on-site project team to track and monitor project cost progress throughout the project Total event.
Perform monthly reconciliation and analysis of assigned balance sheet accounts.
Assist with review, investigation and compilation of relevant feedback to audit requests (Internal and External).
Assist Finance Manager in conducting regular project cost tracking reviews (with Project Managers and project team).
Assist Finance Manager in reporting projects financial performance
Assist Finance Manager to insure a smooth transition from Projects to Operations with compilation and delivery of a Formal Financial close out report.
Maintain and update various Monthly and quarterly reports.
Maintain Monthly Sarbanes Oxley Control log. Any other Ad hock tasks assigned by Finance Manager

EDUCATION: College educated as a minimum with Associates or bachelor's degree in Accounting.

EXPERIENCE: The preferred candidate would have general business experience with a minimum 2 years accounting work experience preferably in project cost accounting or project administration.


  • Advanced Microsoft Office knowledge including use of Excel / Pivot tables. Experience of Visio is also preferred.
  • Strong aptitude for existing Company systems and how they interact
  • Excellent oral and written communications skills
  • Strong organizational skills - position requires the ability to work on various priority tasks simultaneously and complete them efficiently
  • Ability to take the initiative and work on tasks both individually and as part of a fast-paced team
  • Strong work ethic with a positive attitude and willingness to meet deadlines

INGENUITY: Must be proactive to identify and solve problem related to projects accounting. Self-motivated to perform responsibilities with little supervision.

DECISION MAKING: Routinely making decisions according to the definition of authority

SPECIAL REQUIREMENTS: May be required to travel to shipyard locations.




  • Upgrade and Repair and Newbuilds Projects general knowledge
  • Gateway - Internal Training
  • Compass - Internal Training


  • APT - Asset Planning Tool - internal training
  • GPS - Global Planning System - Internal Training

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

No matter where in the world Transocean people are working, we are all pioneers at heart. We don’t shrink from challenges. They inspire us. Which is why we’ve been a company of firsts since our inception. Although we come from different countries, cultures and backgrounds, we’re united by our shared pursuit of excellence. We value the different perspectives represented throughout our organization, recognizing that our people are our most valuable asset. 


In today’s competitive environment, when Transocean has asked our employees to embrace a performance culture that requires us to constantly seek improvement no matter how productive we are, our team has risen to the occasion. And in fact, they are changing the way we operate. If you are motivated by a work environment that consistently challenges you, one where you can have an impact that is felt on every rig and on the bottom lines of both Transocean and our customers, we encourage you to browse our available positions below and at


Transocean has received reports of unauthorized individuals falsely advertising or promising job opportunities and supporting their claims with forged documents. These individuals ask for money to cover processing fees, visas, work permits, etc. Transocean's hiring process does not include unsolicited offers of employment or require payment. We will only contact you if you have applied for employment through our website at:, or had contact with one of our local recruiting or field offices. We also have received reports of unauthorized solicitations of business or vendor quotes, which may request pricing and other commercial details. Please do not respond to any requests unless you can verify the origin of the request. Transocean communicates with its vendors using a vendor portal or direct communication with a designated Transocean representative known by vendors. Transocean will never ask you to send banking information by email. If you suspect fraud, we would encourage you to report such activity to your local police authorities.