Joint Venture Accounting Analyst
Shell
Street office, Dela Rosa
1d ago

Job Description : Job Purpose :

Job Purpose :

This role is responsible in performing day to day operational requirements for Upstream Joint Venture Accounting (JVA) North America for Shell Non- Operated JV assets, with the following primary accountabilities :

  • Maintain sound data, ensuring accurate and timely reports to stakeholders
  • Ensure data consistency by incorporating quality checks to process
  • Complete, quality and timely required reports submission to key stakeholders
  • Ensure expenses are within the approved budget and accurately recorded
  • Identify disputes and manage resolution with JV operators and key action owners
  • Accurate recording of non-operated venture Joint Interest Billing account balances
  • Ensuring that cash calls / JIBs are received and paid within agreed terms
  • Accurate and timely postings of required manual journal entries and ensure approval within MOA
  • Analyse and address aging of account reconciliation balance.
  • Monitor and validate Non-Consent statements from JV operators ensuring timely notification to appropriate parties and action.
  • This position will also be responsible for effective relationships with JVA NAM and key stakeholders within Finance Operations, Asset Finance in the Business, Midstream, Controllers teams, Land and Commercial teams, to ensure that alignment of objectives, delivery of functional plan and targets are met.

    Principal Accountabilities :

    Process

  • Manage JV Partner debtor / vendor request set-up
  • Request for Authority for Expenditure (AFE) or supplement and cost center set-up
  • Validation and Recording Joint Interest Billings
  • Manage payment processing for Cash Call / JIB
  • Raise and manage disputes with JV operators
  • Manage month-end activities
  • Preparation of required reports
  • Compliance to internal and SOX controls.
  • Address issues and errors on Master Data
  • Identify control weaknesses and recommend appropriate changes
  • Actively participate in the monthly MI or other relevant stakeholders meeting
  • Monthly Portfolio Analysis meeting with Team Manager
  • Compliance to internal and SOX controls.
  • Continuous Improvement

  • Identify and execute process improvements to deliver efficiency and effectiveness value
  • Successful execution of process streamlining with continuous improvement mindset
  • Identify control weaknesses and recommend appropriate changes
  • Client / External Focus

  • Keeps up-to-date knowledge about Joint Venture portfolio within the businesses.
  • Develops and fosters good working relationships with key internal and external contacts.
  • Build and develop networks with FitB, Land and Commercial team, Midstream, Hydrocarbons and other FO interconnected functions.
  • Build and maintain Connected Finance culture.
  • Identify and execute best practices to leverage SOV with NOV process.
  • Maintain an office environment supportive of diversity and inclusiveness
  • Support a safe working environment.
  • Additional :

    The role needs to learn the assets and country JVA methodology and acquire the required knowledge to transition the JVA activities successfully from FO-R&A.

    Strong stakeholder engagement is essential.

    Job Knowledge, Skills & Experience :

    Qualifications

  • Degree / qualifications in Accounting / Finance preferred
  • 1-2 plus years work experience in related accounting processes
  • Sound understanding of Joint Venture Accounting process.
  • Must have experience in a multi-national company preferably in Shared Services environment.
  • Exhibits excellent English communications skills (written and oral).
  • Good knowledge of controls framework.
  • Ability to work under high pressure an in a rapidly changing environment.
  • SAP and Microsoft office skill set are necessary, preferably advanced excel
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