Joint Venture BTC Specialist

Profile

, Philippines

Job Family Group:

Finance

Worker Type:

Regular

Posting Start Date:

August 10, 2021

Business unit:

Finance

Experience Level:

Early Careers

Job Description:

Job Purpose:

This role is responsible in performing day to day operational requirements for Upstream Joint Venture Accounting (JVA) Latin America for Shell Operated and Non- Operated JV assets, with the following primary accountabilities:


Ensure cash calls are within the approved budget and appropriately booked in the rightful cost element,
Ensuring that cash calls are received and paid within agreed terms,
Proactively and reactively identify potential bank overdraft,
Complete, quality and timely joint interest billing and other required reports provided to JV partners and key stakeholders,
Accurate recording of non-operated venture account balances,
Accurate and timely postings of required manual journal entries and ensure approval within MOA,
Analysed and address aging of account reconciliation balance.


This position will also be responsible for effective relationships with key stakeholders within Finance Operations, Asset Finance in the Business and Controllers team to ensure that alignment of objectives, delivery of functional plan and targets are met.

Principal Accountabilities:

Process


Manage JV Partner debtor/vendor request set-up
Manage Equity group change request set-up and complete Prior Period Adjustment as necessary
Review Authority for Expenditure (AFE) JV attributes prior set-up in SAP
Place AFE in suspense/un-suspense
Cash call calculation and preparation of statement for sending to JV partner
Perform bank reconciliation and cash flow monitoring
Prepare monthly Joint Interest Billing and other required reports
Records NOV Joint Interest Billing
Manage payment processing
Address issues and errors during allocation and cutback process
Focal for any issues or questions relating to Billing and Cash Call process
Monthly Status of Accounts Reporting Analysis
Monthly Portfolio Analysis meeting with Team Manager
Actively participate in the monthly or other relevant stakeholders meeting
Compliance to internal and SOX controls.


Continuous Improvement


Identify and execute process improvements to deliver efficiency and effectiveness value
Identify control weaknesses and recommend appropriate changes
Successful execution of process streamlining with continuous improvement mindset


Values


Maintain an office environment supportive of diversity and inclusiveness


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Qualifications


Degree/qualifications in Accounting/Finance preferred; preferably a CPA
3-5 plus years work experience in related accounting processes
Sound understanding of Credit Management and Joint Venture Accounting process.
Must have experience in a multi-national company – preferably in Shared Services environment.
Exhibits excellent English communications skills (written and oral).
Language Proficiency Level: C1 (specify language requirement by country).
Good knowledge of controls framework.
Ability to work under high pressure an in a rapidly changing environment.
SAP and Microsoft office skill set are necessary, preferably advanced excel


DISCLAIMER:

Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date. Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world. The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand. Shell is an Equal Opportunity Employer.

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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