Finance Monthly CFO Awards 2018 Winners Edition
www.finance-monthly.com 51 USA Finance Monthly CFO Awards 2018 Finance Monthly CFO Awards 2018 As the CFO, you also have responsibility for Information Technology. Can you talk about that role? Technology can transform the world we live in. Even in my lifetime, from having no cell phones and only rotary dial phones, to what you can do now with your mobile phone, it is simply amazing. The pace of innovation is going to get faster and faster. As the CFO, it gives you a broader perspective in helping to manage more business aspects and people. It helps you balance from getting too involved in the details versus getting too high-level. Once you have two functions to manage, you must balance your time and change your style to be successful. It also gives you a nice variety, as you are not just looking at one thing all the time. The IT team is great to work with and they are transforming IT and business at McDermott. It has been a great learning journey. At the heart of it, IT and Finance are also linked together and are two functions that touch every part of the business. It is a lot of fun managing both. What do you love about what you do? I love all of it. After four and a half years, I keep saying there is never a dull day. Every day has a new challenge in it. Every day is filled with great progress and watching people perform, deliver and grow. It is such a dynamic environment and every day is exciting. Anything else to add? I think for any CFO to be successful, you have to be passionate about what you do. If you don’t have the passion and don’t love what you do, it is a chore to do your job. If you are passionate and you love it, it all comes easy for you. For the travel, the long days and the challenges, you can keep working through them because you love what you do. “As part of being a leader in Finance, you have to recognize you are a customer support department and you need to work with your customers to understand their needs.” Firm Profile McDermott International, Inc. (NYSE: MDR) is a premier, fully- integrated provider of technology, engineering and construction solutions to the energy industry. For more than a century, customers have trusted McDermott to design and build end- to-end infrastructure and technology solutions to transport and transform oil and gas into the products the world needs today. McDermott’s proprietary technologies, integrated expertise and comprehensive solutions deliver certainty, innovation and added value to energy projects around the world. Customers rely on McDermott to deliver certainty to the most complex projects, from concept to commissioning. We call it the “One McDermott Way.” Operating in over 54 countries, McDermott’s locally-focused and globally-integrated resources include approximately 40,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com . COMPREHENSIVE CAPABILITIES Technology We offer licensed process technologies, catalysts, specialized equipment and engineered products for use in petrochemical facilities, oil refineries and gas processing plants. We also provide innovative digital solutions for offshore projects. Engineering We provide comprehensive engineering services fromconceptual design through commissioning. Our designs incorporate proven construction and installation best practices to ensure optimized, cost efficient and quality project delivery. Procurement Employees at our offices around the world efficiently locate, evaluate, purchase and arrange for the transport of materials and services to any project site. Our expertise spans the entire supply chain, from sourcing, purchasing and transportation logistics to inventory control, inspection and quality assurance. Fabrication Our local fabrication facilities adhere to the same international set of standards, regardless of geography or location. Equipped with the best machinery and skilled craftsmen, we provide pipe fabrication, module assembly, storage tanks and offshore production systems from start to finish. We can fabricate individual components, provide large subassemblies, trial fit and match mark large assemblies. Construction Specializing in both field and modular construction, we construct our projects using consistent tools, systems and standards to safely deliver superior results even in the most challenging environments. Our projects can be found on all seven continents and include many construction industry first-of-a-kinds. Installation Performing onshore and offshore, subsea and above-surface installation, our ability to mobilize personnel and vessels safely, where needed, optimizes productivity and mitigates risks across operations and projects.
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