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  • Job reference: RMS0120681

Costing Analyst

  • Sector: Commercial
  • Location: Houston
  • Job type: Contract
  • Date posted: 28/01/2013
  • Time left:
    d h m s
    (04/02/13)
This vacancy has now expired.
The Role:
To provide G&A accounting, reporting, analysis and budgeting assistance to the Petroleum Leadership Team and Petroleum Function. This includes maintaining the Costing master data hierarchies and ownership of the allocation methodologies.

ACCOUNTABILITIES
The position is primarily responsible for assisting the team of the delivery of Global G&A Reporting, Costing and Analysis include the following:

-Assist the delivery of global G&A management reporting. Assist the team in generating and distributing reports to budget holders, PLT, Finance leadership group, and the Business Partners. Prepare budget-versus-actual commentary. Act as contact point for the Functional Team budget holders. Respond to queries, including on G&A allocations. Organize and archive reporting. Manage communications with regional Finance contacts.

-Maintain global costing methodologies and processes. Maintain reporting hierarchies within SAP general ledger. Promote global costing methodologies, measuring impacts of differing regional tax regimes, industry standards, and cross-border issues. Prepare and update desktop “Costing Manual” documentation sufficiently well to promote cross-skilling, training, and backup capabilities within the team, and support sound internal control environment.

-Assist team in timewriting oversight. Coordinate end-to-end timewrite process to promote financial accountability within the company’s operating structure and optimize recoveries from joint venture partners. Articulate process and provide tools for facilitating “timewrite sender/receiver” relationships within the business. Review Missing Timewrite reports and address deficiencies with business.

-Manage the recording of G&A accruals to the general ledger. Coordinate the gathering of appropriate information and ensure complete and accurate recording to the ledger. Oversee appropriate process for reversing and updating accrued activity. Ensure documentation of all related month- and year-end processes is robust and reflects sound internal control practice.

-Assist in the management of costing allocation cycles. Define allocation methodology using global standards. Coordinate input for establishing global standards (Group Tax, IT systems, Business Partners, etc.). Coordinate gathering, updating, and monitoring of effectiveness of CSG-wide allocation methodologies. Survey Functions and Operating Divisions for inputs into this process. Ensure allocation checks are built into the month end process and are executed effectively.

ROLE'S CORE COMPETANCIES
-Shows basic understanding of G&A costing system, process & methodologies
-Assists with month-end cost accounting close
-Completes monthly accruals and journal entries with a high degree of accuracy

Essential Skills / Qualifications:
-Bachelor's degree in Accounting, or Finance with a strong accounting representation
-CPA preferred but not required
-Superior interpersonal skills to handle various customer and stakeholder groups
-Working knowledge of Microsoft Excel
-Experience working with SAP business system
-Minimum of five years of professional experience preferably in upstream oil & gas
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