Project Specialist - Energy Mass Balance

Profile

, Philippines

Job Family Group:

Finance

Worker Type:

Regular (FTC) (Fixed Term)

Posting Start Date:

Business unit:

Finance

Experience Level:

Early Careers

Job Description:

The Project Specialist - DS Energy Mass Balance is responsible for performing quality mass balancing, which is the foundation of an accurate Chemicals Mass Balancing (CMB) variable costing.

The Chemicals Mass Balance process encompasses the reconciliation of hydrocarbon stocks and its related movements in the refinery – Receipts, Shipments, including own produced chemicals consumed as additives or energy. This is to ensure the accurate and timely accounting of all hydrocarbon movements. It also involves understanding accounting processes and policies, and relating it to actual business results.

Principal Accountabilities and Key Challenges


Perform Hydrocarbon Mass Balance (HMB) activities and analysis every month end, which is the basis of refinery site performance
Discuss and align with the refinery site team to ensure accuracy and completeness of the final mass balance results
Build and apply deep understanding of MHI activities (i.e. acquire, hold, consumption, production, and product movement) to conduct a thorough analysis of the Hydrocarbon Mass Balance process


Accounting and Reporting


Analyze Expected Yield vs. Actual Yield results, identify variances outside tolerance levels, and collaborate with refinery site for issue resolutions
Analyze and relate yield variances with actual business operations, inclusive of mass balancing delta clearing
Account for all types of stock movements and understand its impact on the month-end HMB process and gain/loss reports
Perform annual updating of Standard Bill of Material (BOM) in GSAP, analyze any variances from previous year, and communicate any significant increase/decrease to refinery site team
Perform annual updating of Manufacturing Fixed Cost in GSAP
Perform Standard and Actual Costing Analysis on a monthly basis and analyze any major disparities in the results


Governance and Assurance


Build familiarity with requirements for fenceline stock movements as defined by Custody Transfer Management (CTM) standards
Ensure compliance with all relevant Shell standards and policies (i.e. SOX policies and CTM/HMB standards


Financial Controls


Understand and implement the corresponding financial controls associated with the process to mitigate financial reporting risks


Business Partnering


Actively seek updates on business changes from supervisor, Manufacturing Site Team, and Manufacturing Finance team
Facilitate effective communication between parties in the HM Chain (i.e. Refinery site, FiB, and FO) to ensure quality Mass Balance results


Business Performance Management


Identify and develop solutions for structural issues identified in recurring refinery site engagements


Process and Data Management


Apply ESSA (Eliminate, Simplify, Standardize, Automate) mindset to drive process simplification and improvement
Continuously identify improvements to existing processes (i.e. additional controls, automated reports & SAP programs, checklists, etc.)
Propose remediation actions to resolve issues/troubleshoot errors escalated by team members
Coordinate and collaborate with relevant parties for issue resolution
Ensure timely completion of tasks, optimize resources and observe proper delegation of duties


People


Escalate when staff backup plan is not workable due to frequent staff turnover, conflicting deadlines, and complexity of tasks
Promote teamwork between team members, MHI Team, Onshore Team and Finance Operations
Provide support to Process Owners and Process Experts on Continuous Improvement projects


Process


Communicate monthly Mass Balance results to key stakeholders within and outside the FO Manufacturing team
Able to work on multiple simultaneous deliverables to complete HMB process within agreed deadline
Understand how changes in Shell's stock accounting policies impact activities within scope of responsibility


Client


Manage conflicts and changes in clients' expectations
Establish and maintain good working relations with stakeholders
Site Finance, FO MHI teams, etc.


Qualifications:


Strong financial background and understanding of internal controls
Degree in Finance/Accounting, preferably with professional certification (i.e. CPA, etc.)
4 – 6 years in experience in any Accounting-related field
Strong adherence to processes, policies, and procedures
Good problem-solving skills, analytical abilities, and inquisitive mindset
Excellent communication skills (both written and oral) as well as interpersonal and relationship building skills
Detailed understanding of Hydrocarbon Accounting principles and other related operational business practices
Product measurement and accounting practices, inventory management, costing and impact on stock valuations
Capable of working under pressure and highly driven to meet deadlines
Ability to work independently and as part of a team
Ability to integrate business and process knowledge
Relentless in pursuing results
Willing to work across time zones as needed
Good knowledge and understanding of SAP MM and FI


Competencies:


Accounting and Reporting
Business Partnering
Business Performance Management
Financial Controls
Governance and Assurance
Process and Data Management
Risk Management
Leadership Attributes
System Support


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According to the United Nations, the global population could increase to more than 10 billion people. A key role for society – and for Shell – is to find ways to meet the growing demand for energy, with less carbon emissions. We need people who dare to think differently – to take part in developing tomorrow’s energy solutions today.

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