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Project Finance Analyst

Oceaneering
Hanover, MD Full Time
POSTED ON 4/13/2026 CLOSED ON 7/7/2026

What are the responsibilities and job description for the Project Finance Analyst position at Oceaneering?

Job Description

The Oceaneering Technologies (OTECH) finance group of Oceaneering International has a senior level opportunity for a full time Finance Project Analyst supporting the indirect rate development for the division. 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.

Essential

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.

Non-essential

  • Other duties as assigned inclusive of responsibilities outlined in the RASCI model related to your area of work.

Required

QUALIFICATIONS

  • Bachelor’s degree in business, Accounting or Finance and eight plus years experience, MBA with five plus years’ experience or ten plus years equivalent relevant 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.
  • Able to view the big picture with a good grasp for details.
  • Required to be a US Citizen and able to obtain a security clearance.

Desired

  • Experience supporting AOP and long-range planning.

Knowledge, Skills, Abilities, And Other Characteristics

  • 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.
  • Work independently with limited oversight.

Eeo

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.

Salary.com Estimation for Project Finance Analyst in Hanover, MD
$78,508 to $94,665
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