Sr. Cost & Project Analyst
Posted on: May 12, 2022
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, entertainment, material handling,
aerospace, science, and renewable energy industries.
Our Marine Services Division has more than 30 years experience in
providing full-service ship repair capabilities for the US Naval
Vessels including submarines, surface ships and crafts and deep
submergence systems. Operating from state-of-the-art facilities in
Chesapeake, Virginia, we are certified in Submarine Safety
(SUBSAFE) and Deep Submergence System Scope of Certification
(DSS-DOC) repair activities, and specialize in the design, repair,
maintenance, modification, and installation of hull, mechanical and
electrical (HM&E) systems.
For more information please go to www.oceaneering.com and click on
Products & Services, then click Marine Services Division (MSD).
Working under minimal supervision, reports and analyzes the
cost/performance, review and assist updating schedules and oversees
contractual matters on assigned programs and departments. Provides
Program Managers with current status (cost/schedule) of
programs/projects under their cognizance. Analyzes historical and
current trends to forecast future performance. Responsible for
forecasting of the rolling flash, preparation of the annual plan
and tracking other indirect costing functions for indirect cost
centers or small departments. Responsible for all aspects of cost
volume preparation, including written content, cost/price
schedules, contractual aspects such as bonding and insurance
coverage and audit support. Individual errors will directly affect,
to a minor degree, the overall pace of production, or overhead cost
Duties & Responsibilities
Expectation of this function requires strictest attention to detail
and accuracy, clearly communicated and coordinated efforts
involving all the activities within the department, the position is
assigned to. Technical knowledge of financial / cost performance is
expected to be broad and deep enough to identify areas of concern
and obtain solution. Typical projects assigned to this function are
Cost Plus & Time & Material, with some Fixed Priced contracts that
have low contract value and small financial risk to the company.
Able to work as part of a team of managers and technical personnel.
Good organizational skills and analytical / logical approach. Able
to collect information and solve problems of medium to difficult
complexity relating to assigned projects.
Indirect Functions: Support the preparations of Rolling Flash,
Annual Plan, and other indirect cost tracking functions
Responsible for supporting the collection of Accounts Receivables
and generating invoices associated with projects assigned.
Prepares and issues the following reports according to the
schedule: Monthly/Weekly Project Status Report and EAC Report as
required by the various Program/Project Managers.
Use project management software and implement from bid to baseline
to earned value vs. actuals - all cost/schedule variances
Set up and maintain all projects within accounting system relating
to, however, not limited to As Bid/Budgets, Chart of Accounts and
the active status of accounts.
Maintains working knowledge of various government regulations as
required by contracts.
Prepare cost volumes associated with various bids or RFPs assigned,
maintain for historical purposes all cost volumes prepared and
support any audit requirements of this volumes .
The above list is only a representative sample of what the Sr. Cost
& Project Analyst might be called upon to do on a daily basis.
There will be occasions the Sr. Cost & Project Analyst may perform
other special projects or duties as required by the Department
Manager or Division Controller.
B.A. in Accounting or equivalent required.
3-6 years of experience in performance/cost measurement or
financial analysis is required.
Working knowledge of Word, Excel, Project Management/Scheduling
Software (MS Project, MPM, etc..), and accounting software (JD
Edwards and Peoplesoft)
Must possess good written and verbal communication skills and the
ability to successfully interact with all levels of the Company and
A working knowledge in government and commercial contract
Knowledge of performance measurement principles such as earned
value, scheduling, DOS and Operating Efficiency
Must be able to establish and maintain positive customer
Must be a US citizen who is not a dual citizen of any other
Equal Opportunity Employer
All qualified candidates will receive consideration for all
positions without regard to race, color, age, religion, sex
(including pregnancy), sexual orientation, gender identity,
national origin, veteran status, disability, genetic information,
or other non-merit factors.
AdTech COVID Vaccine Requirement:
COVID-19 continues to significantly impact our employees, families
and communities. Oceaneering joins the federal government in its
effort to decrease the spread of SARS-CoV-2, the virus that causes
COVID-19, decrease worker absence, reduce labor costs, and improve
the efficiency of work performed for the federal government.
As directed by Executive Order 14042: Ensuring Adequate COVID
Safety Protocols for Federal Contractors, effective January 18,
2022, all new Oceaneering employees supporting federal government
contracts must be fully vaccinated before their start date, except
in the limited circumstances where an employee is legally entitled
to a medical or religious accommodation. Unless entitled to an
accommodation, applicants selected for hire must provide a copy of
their COVID vaccination card.
Keywords: Oceaneering, Chesapeake , Sr. Cost & Project Analyst, Professions , Chesapeake, Virginia
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