Colorado Revenue analyst
Total Number of Openings
1Manages the company's accounting services and processes. This Job Category includes accounting positions embedded in BUs, in Corporate Departments, and Financial Shared Services (FSS). (Note: FSS accounting leadership/managerial positions should not be mapped to this Job Category.)Supports larger customers/clients and may lead functional projects under infrequent supervision. Developing a detailed knowledge of the work function.
General description of the department:
Production, Revenue & Royalty Accounting (PR&RA) department provides support to Upstream North America operations by overseeing the accounting behind production, revenue, royalty and tax of Oil and Gas products from origination sources (offshore / onshore leases).
As a PR&RA Analyst, you'll have responsibilities that include assisting in the integration of new technologies (such as data analytics, robotics/automation, and digitalization), ensuring compliance with governmental regulations, analyzing industry agreements to ensure proper accounting and compliance, and seeking opportunities to enhance existing processes.
PR&RA tasks are distributed in teams of an average of 10 analysts by process/areas and in alignment with Operations desks. This distribution allows a fluent interaction between members.
Revenue Senior Analyst is responsible of:
- Collaborate across revenue teams looking for opportunities to standardize/automate end-to-end revenue process.
- Develop deep expertise on preparing and recording monthly revenue and expense transactions associated with the production, dispositions and sales of Oil and Gas (for both Company Operated and Non-Operated assets) to act as SME and enhance Decision-Making skills of revenue teams to bring/keep accounts in the most current status.
- Partner with key functions such as Commercial, Land, CARS and S&T teams to enhance relationships by identifying opportunities of shared initiatives/improvements and possibility to build communication protocols.
- Look for opportunities to improve master data setup in workbooks related to non-operated assets to avoid recurrence open items in AP, AR and S&T intercompany accounts.
- Reconcile balances for third parties and intercompany accounts and solve disputes in a timely manner.
- Contribute with Upstream SOX & Internal Controls compliance and reporting.
In this position, Analyst will have the opportunity to:
- Be a part of a growing department that offers numerous chances to streamline/ enhance processes and implement innovative technologies (i.e., data analytics, robotics / automation, and digitalization). Chevron uses industry leading applications, including SAP, PowerApps/Microsoft Flows, SharePoint, OneDrive, Microsoft Teams, Workplace by Facebook, etc.
- Show adaptability to achieve superior results in a highly dynamic environment.
- Support S4Hana implementation as main ERP to deliver on business processes.
- Get a deep understanding of Upstream end-to-end processes: from drilling to the impact on revenue accounting and related taxes & royalties.
- Get fluent on asset operations. This includes, but it is not limited, at monitoring business shifts and communicating with BUs to facilitate their decision-making process.
- Regularly engage with Business Unit (BU) personnel, including Supply and Trading Front Office, Finance, Operations, Law, Land Ownership and Commercial teams to deliver on common goals.
- Collaborate within a diverse, multi-disciplinary environment across teams and locations.
Main responsibilities for this position may include but not limited to:
- Deliver on accounting processes with timeliness and accuracy. This implies to document, maintain, and report financial data linked to Upstream operational activities.
- Deliver effectively on month/quarter/year end closing processes (e.g., variance analysis of results, account reconciliation, etc.)
- Produce accurate variance analysis within short time frame, and in a context of a dynamic business environment.
- Analyze and reconcile accounts.
- Be active at identifying and executing process optimization & reengineering initiatives to enhance work procedures and/or reconciliations.
- Support and develop strategies to enhance the collective knowledge of the work group.
Required Qualifications:
- Certified Public Accountant or Business Administration (CPA or equivalent).
- Proven experience in Revenue activities- Upstream Business.
- Advanced English proficiency (written and spoken).
Preferred Qualifications:
- IA / Power query / Power BI experience.
Chevron participates in E-Verify in certain locations as required by law.