Subsea 7 Finance Director

Subsea 7’s Finance Director plays a critical role in steering the financial health and strategic direction of this global leader in offshore energy services. This individual is responsible for overseeing all aspects of the company’s financial operations, ensuring compliance, driving efficiency, and supporting sustainable growth in a dynamic and often volatile industry.

The Finance Director’s responsibilities encompass a wide array of functions. They lead the financial planning and analysis (FP&A) team, developing comprehensive budgets, forecasts, and long-term strategic plans. This involves meticulously analyzing market trends, project economics, and competitive landscapes to provide accurate financial projections that inform critical decision-making. The ability to accurately forecast revenue, manage costs, and identify potential risks and opportunities is paramount.

Moreover, the Finance Director oversees the treasury function, managing cash flow, optimizing working capital, and mitigating financial risks related to currency fluctuations, interest rates, and commodity prices. Subsea 7 operates globally, exposing it to various economic and political environments. The Finance Director must possess a strong understanding of international finance and implement effective hedging strategies to protect the company’s financial stability.

Another crucial responsibility lies in maintaining robust financial controls and ensuring compliance with all applicable accounting standards and regulations. The Finance Director leads the financial reporting process, preparing accurate and timely financial statements for both internal stakeholders and external regulators. They are responsible for maintaining a strong internal audit function and ensuring that all financial processes adhere to the highest ethical standards.

Beyond these core functions, the Finance Director acts as a key advisor to the CEO and the executive leadership team, providing financial insights and recommendations on strategic initiatives, mergers and acquisitions, and capital allocation decisions. They play a vital role in evaluating investment opportunities, assessing their financial viability, and structuring deals that maximize shareholder value. This requires a deep understanding of the offshore energy industry, its specific challenges, and the competitive landscape.

The role demands a highly skilled and experienced finance professional with a proven track record of success. Typically, the Finance Director will possess a strong academic background in finance or accounting, coupled with significant experience in a senior finance role, ideally within the energy or infrastructure sectors. Strong leadership skills, excellent communication abilities, and a strategic mindset are essential to effectively navigate the complexities of the role and contribute to Subsea 7’s continued success in the global offshore energy market.