General description of the department:
Production, Revenue & Royalty Accounting (PR&RA) department provides support to Upstream North America operations by overseeing the accounting behind production, revenue, royalty and tax of Oil and Gas products from origination sources (offshore / onshore leases).
As a PR&RA Analyst, you'll have responsibilities that include assisting in the integration of new technologies (such as data analytics, robotics/automation, and digitalization), ensuring compliance with governmental regulations, analyzing industry agreements to ensure proper accounting and compliance, and seeking opportunities to enhance existing processes.
PR&RA tasks are distributed in teams of an average of 10 analysts by process/areas and in alignment with Operations desks. This distribution allows a fluent interaction between members.
Revenue Senior Analyst is responsible of:
- Collaborate across revenue teams looking for opportunities to standardize/automate end-to-end revenue process.
- Develop deep expertise on preparing and recording monthly revenue and expense transactions associated with the production, dispositions and sales of Oil and Gas (for both Company Operated and Non-Operated assets) to act as SME and enhance Decision-Making skills of revenue teams to bring/keep accounts in the most current status.
- Partner with key functions such as Commercial, Land, CARS and S&T teams to enhance relationships by identifying opportunities of shared initiatives/improvements and possibility to build communication protocols.
- Look for opportunities to improve master data setup in workbooks related to non-operated assets to avoid recurrence open items in AP, AR and S&T intercompany accounts.
- Reconcile balances for third parties and intercompany accounts and solve disputes in a timely manner.
- Contribute with Upstream SOX & Internal Controls compliance and reporting.
In this position, Analyst will have the opportunity to:
- Be a part of a growing department that offers numerous chances to streamline/ enhance processes and implement innovative technologies (i.e., data analytics, robotics / automation, and digitalization). Chevron uses industry leading applications, including SAP, PowerApps/Microsoft Flows, SharePoint, OneDrive, Microsoft Teams, Workplace by Facebook, etc.
- Show adaptability to achieve superior results in a highly dynamic environment.
- Support S4Hana implementation as main ERP to deliver on business processes.
- Get a deep understanding of Upstream end-to-end processes: from drilling to the impact on revenue accounting and related taxes & royalties.
- Get fluent on asset operations. This includes, but it is not limited, at monitoring business shifts and communicating with BUs to facilitate their decision-making process.
- Regularly engage with Business Unit (BU) personnel, including Supply and Trading Front Office, Finance, Operations, Law, Land Ownership and Commercial teams to deliver on common goals.
- Collaborate within a diverse, multi-disciplinary environment across teams and locations.
Main responsibilities for this position may include but not limited to:
- Deliver on accounting processes with timeliness and accuracy. This implies to document, maintain, and report financial data linked to Upstream operational activities.
- Deliver effectively on month/quarter/year end closing processes (e.g., variance analysis of results, account reconciliation, etc.)
- Produce accurate variance analysis within short time frame, and in a context of a dynamic business environment.
- Analyze and reconcile accounts.
- Be active at identifying and executing process optimization & reengineering initiatives to enhance work procedures and/or reconciliations.
- Support and develop strategies to enhance the collective knowledge of the work group.
Required Qualifications:
- Certified Public Accountant or Business Administration (CPA or equivalent).
- Proven experience in Revenue activities- Upstream Business.
- Advanced English proficiency (written and spoken).
Preferred Qualifications:
- IA / Power query / Power BI experience.
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