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Senior/Principal Accountant




Statoil Worldwide
Senior/Principal Accountant  [15/02/2017]


Senior/Principal Accountant Accounting Joint Venture Accounting

Job ID : 8127
Experience : 1-3 years
Closing Date : Feb 27 2017

Job Description
- Understanding of both Operated and Non-Operated Joint Ventures
- Analyze items which have been booked as non-billable items and ensure accuracy
- Perform journal entries to reclass charges from non-billable to billable
- Firm understanding of COPAS, accounting procedures and model form interpretations
- Understanding of SAP modules MM, JVA and FI/CO
- Utilize finding to improve internal process
- Review and Sign-off documentation of the SOX control requirements
- Provide analysis and supporting documentation to auditors
- Maintain communication with key internal and external resources to ensure tasks are
completed in a timely fashion and the monthly close is progressing as scheduled
- Ensure necessary knowledge of all joint operating agreements
- Further development, automation and business support for the JV financial model in SAP
- Ensure compliance with all governing documents including accounting standards, joint
interest agreements and COPAS
- Ensure data integrity within the SAP JV module including working interest changes
- Support the business by providing requested services in a timely manner
- Build upon existing relationships with joint venture operators and partners
- Liaise with business units and internal departments to ensure appropriate accounting treatment and accurate joint interest billings
- Participate in cost recovery initiative project to ensure all appropriate expenditures are charged to the joint property
- Develop, maintain and document accounting processes, procedures and improvement initiatives for cost recovery activities
- Special projects and other tasks deemed necessary upon the development of the role and new/changing business activities

Qualifications
- Bachelor’s degree in Accounting preferred
- 2+ years experience in Joint Venture accounting for upstream Oil and Gas exploration, development and production activities
- 2+ years SAP experience, including Joint Venture module
- Experienced working within COPAS guidelines, required
- Sound US GAAP or IFRS knowledge
- Proficient Microsoft Excel user
- Joint Venture onshore and offshore operated experience preferred
- Council of Petroleum Accountants Societies (COPAS/PASH) active member preferred
- Experience working with JIBLink preferred
- - Minimal travel required
- Local terms and conditions apply

Personal Qualities
- Ability to effectively communicate with all stakeholders
- Strong analytical, multi-tasking and organization skills
- Strong relationship building skills; customer focused; team player
- Ability to drive changes and influence across organizational boundaries
- Hands-on, well organized, results oriented professional
- Able to combine creativity, innovation and flexibility with an uncompromising professional standard
- Skilled in developing, utilizing and extending network of internal and external contacts

Must be legally authorized to work in the United States

Interested applicant please apply online :
https://careers.peopleclick.eu.com/careerscp/client_statoil/external/en_US/registration.do


Region:
USA

Work Location:
Houston

Company:
Statoil Worldwide

Company Description:
Statoil is an international energy company with operations in 40 countries. Building on more than 35 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions.

Company Website:
http://www.statoil.com/en/About/Worldwide/Pages/default.aspx

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Untitled Document
Oil & Gas Job News
   (1):4 Aug 2017:100 new jobs as part of plan to bring gas from Texas to Whitegate (eveningecho.ie).
   (2):2 Aug 2017:API report finds oil and gas industry supported 10.3 million... (naturalgasintel.com).
   (3):31 Jul 2017:Shell plans 400 job cuts at Dutch projects and technology... (Economic Times).
   (4):24 Jul 2017:Wyoming lost 25,000 jobs amid energy industry downturn (sfchronicle.com).
   (5):22 Jul 2017:Oil and gas efforts to recruit women not working (houstonchronicle.com).
   (6):20 Jul 2017:Cape Oil and Gas Industry adds 13,000 jobs in a year (cbn.co.za).
   (7):12 Jul 2017:Statoil recruiting skilled oil & gas workers (pennenergy.com).
   (8):29 Jun 2017:Rowan to implement additional job cuts at Reliance drillship (nasdaq.com).
   (9):28 Jun 2017:Offshore drilling company to cut more jobs (bizjournals.com).
   (10):28 Jun 2017:New study projects 2 million more natural gas related jobs by 2040 (bizjournals.com).
   (11):16 Jun 2017:Texas oil payrolls increased by 3,300 jobs in April, Dallas Fed says (chron.com).
   (12):7 Jun 2017:Texas oil jobs rise as drilling surges (houstonchronicle.com).
   (13):2 Jun 2017:OIL to recruit 2,500 local youths in 5 years (sentinelassam.com).
   (14):2 Jun 2017:Oil giant Shell to cut 90 jobs at North Sea headquarters (stv.tv).
   (15):20 May 2017:Texas oil jobs climbing amid drilling surge (fuelfix.com).
   (16):8 May 2017:NNPC: Oil companies cut over 440,000 jobs (thisdaylive.com).
   (17):19 Apr 2017:New oil contracts will enliven Iran's job market (financialtribune.com).
   (18):6 Apr 2017:Jobs for new hires open in the oilfield (rigzone.com).
   (19):31 Mar 2017:Rising Jobs for drilling and completions offer a bit of hope... (spe.org).
   (20):28 Mar 2017:Halliburton adds 2000 jobs, likely to miss profit estimates (nasdaq.com).
   (21):25 Mar 2017:Halliburton adding 2,000 U.S. jobs as oil field activity... (houstonchronicle.com).
   (22):16 Mar 2017:LA oil and gas struggles to bounce back with 1,800 jobs lost in January (fox8live.com).
   (23):13 Mar 2017:Oil and gas jobs are returning at a snail's pace, though... (trib.com).
   (24):10 Mar 2017:New $20 billion gas project in Nigeria could create 250,000 jobs (fronteranews.com).
   (25):9 Mar 2017:PetroPlan survey finds oil and gas recruitment on the mend (worldoil.com).
   (26):18 Feb 2017:Norway’s oil jobs prospects recover (oilprice.com).
   (27):15 Feb 2017:Director hits back at offshore worker blacklisting claims (bbc.com).
   (28):10 Feb 2017:Shell’s Brent plans to spark North Sea jobs boost (hellenicshippingnews.com).
   (29):6 Feb 2017:Oil sector to employ over 2000 Kuwaitis in 2017-18 (news.kuwaittimes.net).
   (30):4 Feb 2017:Continued oil platform shutdown forces Venoco layoffs (independent.com).
   (31):3 Feb 2017:The 150,000 oil jobs that may never come back (oilprice.com).
   (32):30 Jan 2017:Oil, gas jobs rise again in Texas (expressnews.com).
   (33):26 Jan 2017:Oil and gas industry adds jobs for first time in over two years (houstonchronicle.com).
   (34):24 Jan 2017:Returning oil jobs benefit the Texas Panhandle (newschannel10.com).
   (35):23 Jan 2017:Lamprell axed 20% of workforce in 2016 (energyvoice.com).
   (36):9 Jan 2017:Company aims to bring jobs, hope to struggling... (ksl.com).
   (37):9 Jan 2017:U.S. energy jobs rise for 1st time in over 2 yrs as... (hellenicshippingnews.com).
   (38):7 Jan 2017:US adds oil & gas jobs for first time in two years (upstreamonline.com).
   (39):31 Dec 2016:Halliburton may bring jobs to county (currentargus.com).
   (40):29 Dec 2016:Pennsylvania gas-related employment doubles in nine years (platts.com).
   (41):25 Dec 2016:Oil jobs may fall to new technology (news-journal.com).
   (42):22 Dec 2016:Demand for oil workers expected to intensify in 2017 (missoulian.com).
   (43):17 Dec 2016:Texas adds jobs in November, oil and gas shows improvement (houstonchronicle.com).
   (44):29 Nov 2016:67% of oil and gas companies axed jobs in 2016, survey finds (belfasttelegraph.co.uk).
   (45):29 Nov 2016:Pennsylvania loses a third of its oil and gas jobs (petroglobalnews.com).
   (46):23 Nov 2016:Oil and gas jobs down sharply in Pennsylvania (stateimpact.npr.org).
   (47):21 Nov 2016:South Korean shipyards shed thousands of jobs as orders dive (Financial Times).
   (48):19 Nov 2016:Texas shows moderate job growth in October, oil and gas... (chron.com).
   (49):17 Nov 2016:Noble Energy cuts 60 jobs, mostly in Houston (fuelfix.com).
   (50):17 Nov 2016:Shell jobs axed as report warns on future for oil market (manxradio.com).
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