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  • Job reference: RMS0108943

Joint Venture Analyst - Associate

  • Sector: Engineering
  • Location: Houston
  • Job type: Contract
  • Date posted: 10/04/2012
This vacancy has now been filled.

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The Company:
Our major Oil & Gas Client is in need of a Joint Venture Analyst for a long term contract opportunity in Houston, TX.

The Role:
To provide accounting, financial stewardship, control, oversight and standard-setting for key Joint Venture processes. This includes the timely delivery of complete and accurate Joint Interest Billings (JIBs) and Cash Calls for Operated units ensuring compliance with various Joint Venture agreements and contracts, and review of JIBs and Cash Calls for non-Operated units.

1. Global Standards for Key Joint Venture Processes. Lead the establishment and development of standards, control processes and drive global consistency in methodologies
2. Joint Venture and Associated Financial Processes. Coordinate key inputs directly from the Business Partners for finance processes and reporting including accurate and timely generation and distribution of Joint Interest Billings and Cash Calls, posting of Joint Venture payments, tracking and following up on outstanding receivables

1. Demonstrates and articulates a clear and detailed understanding of Joint Venture processes and methodologies, preferably including carried interest, payout statements and partner netting
2. Has a sound understanding of the business systems used within JV
3. Undertakes complex data gathering tasks and analysis under supervision
4. Understand and apply International Joint Operating Agreements and Accounting Standards
5. Undertakes a role in more complex Joint ventures running cutback, producing JV billings and cash calls, booking invoices, supporting JV audits, cash disbursements and partner account reconciliations with a high degree of accuracy

Essential Skills / Qualifications:
• International JV Experience Preferred
• Bachelor’s degree in Business with a strong accounting representation
• CPA preferred but not required
• Five to ten years of professional experience in upstream O&G, preferably with experience in International JV Accounting
• Demonstrated experience working in SAP-based (or similar large ERP system) general ledger, business warehouse and consolidation system environment
• Superior interpersonal skills to handle various customer and stakeholder groups
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