Oceaneering Looking for VP, Finance at Greater Houston Full Time

Company Profile

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.

Position Summary

Finance’s Purpose Statement: Execute F&A’s Mission of “Providing timely and accurate financial information to yield better business insight and drive improved operating results.”

The VP, Finance is a senior leader responsible for overseeing all aspects of the Finance function within the organization. This position oversees Treasury, Tax, Regional Finance Directors, and FP&A ensuring we have efficient management and movement of company assets. They will provide strategic financial insights to support decision-making by the executive team and board of directors. They will develop and lead a high-performing team focused on managing the company’s financial resources, ensuring financial stability, and driving financial growth.

Duties & Responsibilities

FINANCIAL PLANNING & ANALYSIS, RISK ANALYSIS, AND STRATEGIC SUPPORT:

• Provide financial planning & analysis, insights, and recommendations to support strategic decision-making by the executive team and board of directors, in coordination with Director of FP&A.
• Identify and assess financial risks and develop strategies to mitigate them.
• Advise on potential financial impacts of business decisions and proposed initiatives.
• Collaborate with other departments to analyze financial data and identify opportunities for improvement and cost optimization.
• Oversight of the financial planning, forecasting, and budgeting processes.

Investment Decisions

• Work closely with other stakeholders to evaluate and assess investment opportunities and provide guidance and insight on their financial viability and alignment with the company’s financial objectives and growth strategy.
• Participate in bid reviews to provide insight and guidance on financial considerations and key risks that must be managed for profitability.
• Support the evaluation of and make recommendation concerning the financial impact and feasibility of potential partnerships, acquisitions, and mergers.
• Participate in negotiations and due diligence processes.

Capital Management

• Manage the company’s capital structure and allocation of financial resources to optimize funding sources and costs.

Treasury And Cash Management

• Oversee Treasury function in coordination with Corporate Treasurer to ensure cash management, liquidity, and investments are maintained providing financial stability, support business operations, and meet cashflow goals.

Tax Planning And Compliance

• Oversee and work with tax professionals to understand and develop tax strategies and ensure compliance with U.S. and international tax laws and regulations (GAAP, etc.).
• Work with VP Tax, Legal, Corporate Treasurer, and Operations to ensure entity rationalization and appropriate operating structure is in place.

Finance

• Oversee and work with Regional Finance Directors to ensure local entity compliance, bid evaluations, cash flow by entity, and other required work.

Internal Controls And Compliance

• Establish and maintain effective internal control systems to safeguard company assets and prevent fraud or financial mismanagement.
• Ensure compliance with accounting regulations and reporting standards.

Business Acumen

• Strong understanding of the business and how different areas impact each other.
• Keenness and quickness to understand the implications of external factors on business opportunities/outcomes as well as implications of internal business decisions; and provide a perspective on topics beyond the context of their role.

Team Leadership And Stakeholder Engagement

• Ensure the right talent is in place with the right tools, structure, training, and environment to be highly effective.
• Foster a culture of excellence, collaboration, and continuous improvement within the finance organization.
• Partner with leaders across the organization to develop strategy, deliver on business plans, and solve complex problems.

Lead Organizational Transformation And Change Management

• Develop and lead strategic initiatives to improve finance and accounting processes and systems that deliver high impact value to the organization.
• Employ sound change management tactics to drive adoption and mitigate risk of new systems, processes, or policies, and other organizational changes.

Financial Reporting

• Support the CAO to ensure timely and accurate financial reports – including balance sheets, income statements, and cash flow statements, in compliance with accounting principles and relevant regulations.

Foundational Competencies

STRATEGIC PLANNING

• Creates break-through strategies and plans; applies visionary thinking to shape strategy. Sets a clear vision; foresees obstacles and opportunities. Develops strategies to achieve competitive advantage; aligns organization to support strategic priorities. Considers global impact; anticipates future consequences and trends; displays broad knowledge and perspective.

EFFECTIVE EXECUTION

• Assigns clear authority and accountability; directs change while maintaining operating effectiveness; integrates and aligns efforts across units and functions: monitors results; tackles problems directly and with a sense of urgency. Sets and pursues aggressive goals; drives for results; demonstrates a strong commitment to organizational success; works to do what is best for all stakeholders (Customers, Shareholders, Employees).

ACCOUNTABILITY

• Accountable for achievement of goals; supports and encourages others to take on challenging assignments; accountable for decisions; actively contributes useful input into decisions others make; voluntarily takes ownership of a project when in the organization’s best interest; takes ownership of mistakes and leverages lessons learned for future improvements.

Critical Thinking Skills

• Uses thinking that is objective, rational, open-minded, and informed by evidence. Takes critical information into account when making decisions. Uses sound judgment when addressing complex issues. Breaks down complex tasks into manageable parts in a systematic way. Thinks of multiple possible causes and anticipates the consequences of situations. Generates multiple scenarios or alternatives and accurately assesses the costs, benefits, and risks associated with various alternative courses of action. Considers sensitivities, assumptions, convictions, and business outcomes in the decision-making process. Uses proven, effective, and systematic processes and tools. Maintains sight of the big picture when making a particular decision.

STRATEGIC COMMUNICATION

• Able to promote the free flow of information, ideas, and opinions throughout the organization (upward, downward, and across); maintain credibility and poise. Ensures the message intended is the message received. Able to foster open dialogue and demonstrate high-impact delivery of presentations. Listens actively and hears others out; influences others; interact comfortably with a wide variety of stakeholders; communicates clearly and succinctly using a variety of media.

Qualifications

REQUIRED QUALIFICATIONS:

• Bachelor’s degree in finance, Accounting, or a related field
• 15+ years’ experience in Senior Finance Leadership positions
• 7+ years’ experience leading a team of direct reports, preferably leading a team of leaders
• Extensive experience in the oil and gas industry

Preferred Qualifications

• Master’s degree in business, Finance, Accounting, or related field
• Experience in other industries such as Aerodefense, Entertainment, and Tech
• Ability to obtain and maintain a security clearance
• Experience with investment banking
• Experience with investor relations

Ideal Candidate Profile

• Proven experience in a senior financial management role.
• Strong business acumen and related industry experience.
• In-depth knowledge of global financial reporting and regulatory requirements.
• Experience working in an international environment, including experience with new entity start-ups and entity closures in foreign locations.
• A natural communicator and influencer, using such strengths in often difficult and complex situations with strong empathy for customers.
• Executive presence, respect, and credibility to interact effectively with key customers and build customer networks by developing and maintaining positive and effective working relationships.
• Successful track record in managing high growth environments (revenue and margin).
• Experience driving enterprise-level process and system changes to improve the efficiency and effectiveness of the F&A function.
• Driven, assertive, and transformational leader with excellent leadership skills; track record in hiring, managing, and motivating high-performance teams.
• An authentic and believable leader who communicates with conviction and humility and can engender trust throughout an organization.
• Considerable experience leading change initiatives across all functions within an organization.
• Ability to mentor and develop senior leaders within F&A and across the organization to build a strong succession depth.
• Strong performance management skills with the ability to provide timely feedback, recognition, coaching, and company vision to direct reports and leaders across the F&A organization during one-on-ones, weekly staff meetings, monthly extended leadership calls, and/or quarterly town halls where appropriate.

Additional Information

This position is Hybrid – Remote and will require commuting to a designated office. Hybrid work schedules are determined by the hiring manager based on business need.

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