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  • Job reference: RMS0107350

Financial Accountant- Supervisor

  • Sector: Engineering
  • Location: Houston
  • Job type: Contract
  • Date posted: 12/03/2012
This vacancy has now expired.
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The Company:
Our client is looking for a Financial Accountant- Supervisor for a 6 month contract opportunity in Houston, TX.

The Role:
This position leads a team providing financial and control stewardship over Finance and Accounting activities within the global Petroleum organization. The scope includes management and oversight over a wide range of core financial processes along with stewardship over elements of the Balance Sheet and P&L referred to as “Petroleum Other” and includes establishing global standards and procedures while providing accounting and analytical support on a global basis.

This position reports to the Finance Manager – Financial Accounting

-Management of Finance and Accounting Team and Processes
-Manage, lead, coach and develop the staff within the Finance and Accounting Team in conjunction with completion of underlying activities, accountabilities, and deliverables
-Manage interfaces with Group Treasury, Financial Services, Marketing and Group Finance and associated processes
-Liaise with Business Partners and respond to queries as required
-Ensure compliance with Global Petroleum accounting policy  Perform monthly financial analysis and reporting.
-Ensure the timely and accurate accounting and reporting for diverse Finance and Accounting activities including Cash and Banking, embedded derivatives, finance leases, prepaid/deferred costs, General ledger process support, net finance costs, Divested assets, Sundry Payables, Provisions Accruals and P-Card Accounting
-Accounts Payable process oversight (eg Critical Payment Requests, Non Order Invoice usage approvers) and General Ledger process oversight (eg Manual Journals process and approvers)
-Lead the review of account reconciliations, briefing papers, stewardship schedules & accounting matters as prepared by Finance and Accounting Team for presentation to senior management
-Prepare “Petroleum Other” and Divested Asset Budgets and Forecast models as required. Comply with Business Planning submission requirements and provide analytical commentary to explain the difference between actual and expected results
-Champion & drive process and control improvement initiatives to enhance team efficiency & global standardization
-Lead the Finance and Accounting Team through external & internal audit requests for information ensuring thorough advance preparation and audit readiness
-Cash and bank account management (including interface with Treasury)
-Divested Assets - Management of all finance and accounting activities related to divested assets (P&L, Balance Sheet, Cash Flow)
-Respond to ad hoc information and reporting requests from senior management as required.
-Ensure compliance with Portfolio Valuation Review (PVR) requirements Establish Global Standards for Key Finance and Accounting Processes
-Facilitate the embedding and verification of global minimum control standards, processes/ systems as they relate to Finance and Accounting Balance Sheet and P&L accountabilities
-Drive effective and efficient usage of the 1SAP system.
-Drive global consistency in methodologies
-Provide training and effective communications to ensure key stakeholder groups understand requirements. Management of Sarbanes-Oxley Requirements for Finance and Accounting team
-Responsible for SOX certification of assigned controls and processes owned within team
-Ensure appropriate documentation and ownership for all key controls within the Finance and Accounting team
-Oversee remediation of SOX deficiencies and internal audit findings assigned to the Finance and Accounting team.

Essential Skills / Qualifications:
• Bachelor’s degree in Business, Finance or Accounting with a strong accounting representation, Masters degree preferred.
• CPA or equivalent preferred
• Seven plus years of relevant professional and industry experience, preferably in upstream Oil & Gas
• Extensive experience in financial accounting strongly preferred along with demonstrated experience in management accounting, reporting, controls & overall financial stewardship.
• Broad experience working with a SAP based general ledger, business warehouse and consolidation system strongly preferred
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