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  • Job reference: RMS0125613

Joint Venture Accounting Specialist

  • Sector: Commercial
  • Location: Houston
  • Job type: Contract
  • Date posted: 19/06/2013
  • Time left:
    d h m s
This vacancy has now expired.
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The Company:
Our Client is a global Oil & Gas Operating Company

The Role:
This is an individual contributor position that will work closely with both Houston office and operations personnel. Initial responsibility will be to perform joint venture accounting for US assets. Secondarily, responsibility will be data conversion/process change for new instance of SAP.

JV Accountant:
• Prepare Cash Calls and Joint Interest Billings for company operated ventures
• Process Cash Calls and Joint Interest Billings for non-operated ventures
• Assist with monthly variance analysis for income statement and balance sheet
• Set-up and maintain Joint Operating Agreements and Joint Ventures in SAP
• Set-up and maintain Joint Venture details for AFE’s
• Coordinate monthly close; allocations, overhead, cutback
• Monitor and support production handling agreements
• Payout calculations
• Advise/liaise with Accenture JV personnel in India
• Respond to customer inquiries and reconcile receivable accounts
• Sarbanes Oxley compliance documentation
• JV data conversion for SAP
• Process change/improvement in conjunction with new instance of SAP

• Expert process, technical, and analytical skills
• Expert computer skills – ability to work with SAP, SAP BI, HFM, Excel, JIBLink and Word
• In depth knowledge of SAP data structure
• In-depth knowledge of US oil and gas accounting and operations

• Ability to achieve expectations for work quality and productivity
• Strong interpersonal and collaboration skills – ability to develop strong working relationships with co-workers in different departments and locations
• Strong business partnering skills
• Strong communication skills
• Strong customer service skills
• Ability to adapt to new work processes, procedures, and/or requirements
• Ability to work independently or as a part of team
• Ability to multi-task
• Ability to work overtime in peak cycles as required

Essential Skills / Qualifications:
5+ years of related US accounting experience
Understanding of COPAS policies and procedures
Kaizen, Lean, Six Sigma

Bachelor’s degree in Accounting, Finance or related Business field required
Certified Public Accountant or Chartered Accountant certification preferred
Master’s degree in Accounting is a plus
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