Management Accountant

Subsea 7

Vacancy information



Subsea7 has won several major contracts lately but never stops chasing new opportunities to strengthen our position as a global leader in oil and gas subsea solutions, while intensifying our efforts to make energy transition possible.

We currently have an exciting opportunity within Norway Finance for a Management Accountant located in Forus Office, Stavanger. The position is reporting to the Norway Management Reporting Supervisor.

The role of Management Accountant assumes responsibility for the daily financial management of assigned Business Units and supports the project cost accounting function in the development of team personnel, systems, processes, and procedures. The role is ideal for a highly motivated and proactive individual who can engage with the team and wider project functions, working collaboratively to deliver high quality Cost Control, Forecasting and Financial Reporting.


The tasks you will solve:

Supporting the Management Reporting Supervisor, wider Finance and Project Control team in all aspects of analysis and management reporting.

  • Assisting in the resolution of queries or issues arising from projects with other business streams (e.g., Offshore Resources, Pipeline Group)
  • Quality and technical check on all projects in the project hub
  • Loading project input to Financial Consolidation (BFC) monthly, reconciling vs. Project Reports (PMSRs) and clearing of blocking controls.
  • Assist in preparing quarterly and monthly reporting and any ad-hoc reporting following Norway and/or Executive management review.
  • Investigating significant variances within projects
  • Ensuring compliance with corporate accounting policies and practice on projects, e.g., embedded derivatives, loss accounting, POC, IFRS, COSA
  • Assist in ensuring consistent process for preparing and submitting Long Term Cash flow.
  • Supporting the development of processes, procedures, and systems

What you get from us:

  • A very good working environment and collaboration culture
  • Challenging and exciting workdays
  • Personal development and career opportunities
  • Competitive terms including attractive insurance policies and pension schemes
  • Sports & Social clubs

What we want from you:

  • Professional qualifications: Degree qualified ideally in Cost Management and/or Finance.
  • Relevant previous experience at an appropriate level in the subsea or offshore environment
  • Technical knowledge and application of Cost Control and reporting and within associated systems (BFC, SAP, Excel, Power BI, etc)


For queries regarding the position, please contact;

Randi Nesheim Bolme, Management Reporting Supervisor Norway,  / +47 51725566


We are Subsea7, a global leader in the delivery of offshore projects and services for the energy industry. Subsea7 makes offshore energy transition possible through the continuous evolution of lower-carbon oil and gas and by enabling the growth of renewables and emerging energy.

We are collaborative, curious and always open to learn. Our people bring new perspectives and smart technology to some of the most challenging and inspiring energy projects around the world.

Diversity makes us smarter. You will be surrounded by a diverse, international community of experts, who bring different skills and ideas that help us challenge the status quo and inspire innovation.

Proactive participation in the Energy Transition is at the heart of Subsea7’s evolution. Our target is to achieve Net Zero greenhouse gas emissions by 2050.

Join us and you’ll embark on a journey of opportunities and continuous learning and development. Be empowered to explore new ideas, take ownership of your own career and meet your full potential.

Subsea7 uses Semac for background checks to verify information that appears in the CV and other documentation for relevant candidates. This background check is not carried out without the consent of the applicant, and relevant applicants will receive further information about this.


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