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Finance Analyst II

Oceaneering · Hanover, MD

📅 10/08/2026
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Job Description The Oceaneering Technologies (OTECH) finance group of Oceaneering International has a mid-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. This position will also be responsible for managing the departments indirect spending for Bids and Proposals (B&P), Internal Research and Development (IRAD), and Capital Expenditures/Deprecation. 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 Monitor spending visibility of B&P and IRD Review Capital Expenditure requests and forecast Depreciation Required QUALIFICATIONS Bachelor’s degree in Business, Accounting or Finance preferred, and two-five years of 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 We offer a comprehensive and competitive benefits package. Employee benefits vary by role, however, may include Health and Wellness, Mental Health, Retirement Savings, Life and Disability, Paid Maternity and Parental Leave, Paid Time Off, Tuition Reimbursement, and an Employee Assistance Program. The salary range for this position is $66,400 - $93,600 About Us 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, material handling, aerospace, science, and renewable energy industries. 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 factor. About The Team Oceaneering Aerospace and Defense Technologies (AdTech) delivers solutions that enable humans to work safely and effectively in harsh environments – from underwater to the outer reaches of space. Our innovative solutions support the development and application of practical, cost-effective systems that meet our customers’ challenges – from routine to extreme. Our experience and expertise across multiple industries uniquely positions us as a leader in the government, space, and maritime services markets. Our products and services meet the rigorous demands of the complex environments in which they operate, delivering results without compromising safety or reliability.
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