Urwah Admin

Borr Drilling

<div><div>Role Summary</div><div></div>
The Rig Cost Controller will be responsible for various financial tasks and analyses in relation to Rigs / Offices Profit centres and Legal entities for the whole region. In addition to local audit, tax, and budget preparation. Applying the accounting principles to prepare and analyse financial information for the assigned rigs and offices. Ensure compliance with the company&rsquo;s policies and procedures and related internal controls.<div></div><div>
Responsibilities</div><ul><li>
Understand Borr&rsquo;s vision and apply the company values in all business activities.</li><li>
Monitor and manage compliance with accounting policies and controls within the region, including compliance with internal controls and associated documentation requirements.</li><li>
Preparation of Customer Invoices, including all supporting documents and uploading to Customer Portal, and booking in IFS system.</li><li>
Following up with customers on AR invoices status, expected payment dates, and updating the weekly AR Report.</li><li>
Prepare the month-end accruals and amortization schedules</li><li>
Preparing and reviewing Balance Sheet Reconciliation and supporting documents/schedules. Plus following up on the reconciling differences to be cleared on time.</li><li>
Preparation of Bank Reconciliations for the Region and ensuring all reconciling differences are booked in IFS on time.</li><li>
Assist the Finance Manager during monthly and quarterly accounting closes to ensure all accounting entries are entered accurately and timely.</li><li>
Assist the Finance Manager to report and explain cost variances versus budget.</li><li>
Assist the Finance Manager in preparing the monthly reporting requirements for the region.</li><li>
Review the WHT, VAT returns submitted by AP Team.</li><li>
Review the IKTVA submissions.</li><li>
Preparing the monthly Bareboat charter invoices and supporting documents.</li><li>
Perform analysis to understand cost trends and provide analysis to management to assist with decision-making.</li><li>
Assist with forecast and annual budget preparation.</li><li>
Oversees the efficient resolution of all intercompany differences throughout the close. And ensure intercompany balances are settled in a timely manner.</li><li>
Run Balance Sheet Revaluation for the Legal Entities in the Region.</li><li>
Coordinates regional internal and external audits and works with Cost Controllers and Accountants in the region to meet reporting deadlines.</li><li>
Assist with regional tax compliance and work closely with the Corporate Tax team to ensure compliance with tax reporting deadlines.</li><li>
Provide support and information to other departments when requested/required to ensure accurate financial records (e.g., Supply Chain, HR, IT, Operations, Shipyard Projects).</li><li>
Provide cost control and accounting support for shipyard projects and rig reactivations.</li><li>
Monitor Authorization for Expenditure (&ldquo;AFE&rdquo;) compliance in the region, and ensure accounting classification is in line with group accounting policies.</li><li>
Assist with ad-hoc projects and other tasks as required.</li><li>
Communicates internally with Cost Controller, Finance Manager, Financial Controller, Rig Managers, Heads of Departments, Co-workers, and Colleagues.</li><li>
Communicates externally with customers and vendors to ensure all transactions are recorded and there are no open issues.</li><li>
Provides assistance to the Rig Manager and other functional departments with respect to their department cost.</li><li>
Ensure proper control and verification of all transaction and the recording of the same correctly.</li><li>
If required, supervise accounts payable function</li><li>
Office based role which requires attention to detail and data management working under general supervision and where problems can be difficult but not complex.</li><li>
Occasional offshore/shipyard visits may be required in this role.</li></ul><div></div><div>
Qualifications and Experience</div><ul><li>
Bachelor&rsquo;s Degree in Accounting /Finance or other relevant discipline at the Company&rsquo;s discretion,</li><li>
Excellent Microsoft Excel knowledge.</li><li>
Excellent Microsoft Power BI knowledge.</li><li>
CA/ACCA/CPA/CIMA/CMA completed or part-qualified preferred.</li></ul><div></div><div>
Experience</div><ul><li>
Previous accounting experience in the International Offshore Drilling Industry. Prefer experience in similar role within the offshore drilling related environment.</li><li>
Strong communication skills, both verbal and written; fluency in English required.</li><li>
Advanced MS Excel working knowledge and ERP experience preferred</li><li>
Ability to handle multiple tasks concurrently and to follow up on all tasks to completion.</li><li>
Proficient problem-solving skills: demonstrate ability to evaluate problems from differing viewpoints and recognize potential root cause of problems and suggest possible solutions.</li><li>
Be approachable and maintain open and transparent communication with Team, Internal and External stakeholders, and management team.</li><li>
Develop good working relationships with Divisional and Corporate colleagues and external stakeholders, as required.</li><li>
Represent the Company in a professional manner both on and off the job to include confidentiality of Company and Client business</li></ul></div>

Rig Cost Controller

<div><div>Role Summary</div><div></div>
The Payroll and Tax Reporting Analyst is responsible for ensuring accurate Payroll processing and compliant delivery of payroll tax obligations across multiple jurisdictions, with a particular focus on Personal Income Tax (PIT) and shadow payroll processes. The role will manage relationships with external tax advisors, maintain compliance with statutory requirements, and support continuous improvement of payroll tax processes. This role will also generate and deliver payroll/tax analytics dashboards to provide insight into trends and risks, while contributing to the education of the wider payroll team in developing analytical skills, along with providing support with monthly payroll processing.<div></div><div>
Responsibilities</div><div><ul><li>
Process assigned global payrolls accurately, timely and compliantly.</li></ul></div><div><ul><li>
Identifies, investigates, and resolves discrepancies in payroll records.</li></ul></div><div><ul><li>
Audit responsibilities include reconciliation of pay period payroll reports, preliminary payroll audits and validation and review of entries made prior to payroll processing.</li></ul></div><div><ul><li>
Enter payroll related data into the HRIS (banking information, tax elections etc).</li></ul></div><div><ul><li>
Action HRIS inbox items such as promotions, demotions, transfers, address changes, etc.</li></ul></div><div><ul><li>
Prepare and distribute monthly payroll reports to Accounting and Treasury.</li></ul></div><div><ul><li>
Payroll integration testing for HRIS releases or enhancements as needed.</li></ul></div><div><ul><li>
Recommends improvements to practices and procedures to further develop consistency and quality.</li></ul></div><div><ul><li>
Responsible for the validation of returned shadow payroll files to ensure all employees, compensation, and country-day data are accurately captured, coordinating with HR and Finance for validation. Maintain country shadow payroll files monthly to support with end of year reporting. Responsible for the Personal Income Tax (PIT) compliance process, ensuring accuracy and timeliness in all filings.</li></ul></div><div><ul><li>
Responsible for the preparation and submission of shadow payroll data in partnership with external tax advisors.</li></ul></div><div><ul><li>
Draft and maintain process documentation for payroll tax and shadow payroll activities.</li></ul></div><div><ul><li>
Responsible for the generation and issuance of annual employee tax letters.</li></ul></div><div><ul><li>
Evaluate payroll tax processes and recommend enhancements to improve accuracy, efficiency, and compliance.</li></ul></div><div><ul><li>
Act as the primary point of contact with external tax advisors, managing information flow, review of calculations, and addressing queries.</li></ul></div><div><ul><li>
Monitor changes to tax legislation and assess the impact on payroll operation and report updates to the Team.</li></ul></div><div><ul><li>
Liaise with external tax advisors on Employee Tax matters and support any tax audit requirements from Tax/Finance teams with regards to Employee taxes paid.</li></ul></div><div><ul><li>
Conduct reconciliation between Payroll and tax filing.</li></ul></div><div><ul><li>
Interface with internal and external auditors to provide requested information and ensure payroll compliance with documented procedures.</li></ul></div><div><ul><li>
Ensure Compliance with Social security contributions and other statutory deductions.</li></ul></div><div><ul><li>
Support the Payroll and Compliance Supervisor in responding to audits and compliance reviews.</li></ul></div><div><ul><li>
Ensure compliance with global payroll tax regulations and internal audit requirements.</li></ul></div><div><ul><li>
Generate monthly and quarterly payroll and tax dashboards, highlighting key trends, risks, and variances.</li></ul></div><div><ul><li>
Provide analytical insights to support compliance monitoring and cost management.</li></ul></div><div></div><div>
Qualifications and Experience</div><div><div><ul><li><div>
Professional payroll/tax qualifications (e.g., CIPP, ACA, ACCA, CPA, or equivalent) desirable.</div></li><li><div>
Extensive experience of end-to-end payroll activities including shadow payroll management.</div></li></ul></div></div><div><div><div><div><ul><li><div>
Strong knowledge of local and International PIT regulations.</div></li></ul></div><div><ul><li><div>
Ability to interpret tax laws and translate into payroll practices.</div></li></ul></div><div><ul><li><div>
Previous experience with HRIS systems, in particular Workday preferred.</div></li></ul></div><div><ul><li><div>
Solid understanding of global expatriate tax and payroll compliance requirements.</div></li></ul></div><div><ul><li><div>
Track record of driving payroll analytics and delivering data-driven insights.</div></li></ul></div><div><ul><li><div>
Excellent Excel and reporting Skills.</div></li></ul></div><div><ul><li><div>
Proficient with Microsoft Office.</div></li></ul></div></div></div></div></div>

Payroll and Tax Reporting Analyst

Join Borr Drilling and explore 2   exciting career opportunities. They're hiring for various roles with options for remote or on-site work. Apply today and become part of their innovative team.

Borr Drilling

ABOUT_COMPANY

Rig Cost Controller

Payroll and Tax Reporting Analyst