Intercompany Analyst
About Us
Chevron is a leading multinational energy company with operations in over 180 countries. Founded in 1879, Chevron has a rich history of innovation and growth, making significant contributions to the global energy landscape.
Chevron markets Caltex® fuels, lubricants and other petroleum products in the Philippines. Our network of service stations, terminals and sales offices forms the backbone of our presence in the Philippines.
Chevron supports its operations in the Philippines and worldwide through two subsidiaries: Chevron Philippines Incorporated (CPI), which manages downstream operations and markets Caltex brand fuels, lubricants and petroleum products, and Chevron Holdings Incorporated (CHI), a global business services organization. Established in 1998, CHI provides business support services in finance and accounting, information technology, supply chain management, human resources, customer service and marketing. It serves Chevron affiliates around the world and has grown to be one of the leading global business services organizations in the Philippines. The company has received various recognition as one of the country’s top employers and as a champion of diversity and inclusion in the workplace.
At Chevron, we believe humanity can solve any challenge – including meeting the world’s energy needs of today, while advancing a cleaner energy tomorrow.
About the Role
We have an exciting opportunity for an Intercompany Analyst - Equity and Subsidiary. This role will be based in 6750 Building, Makati City, Philippines.
Responsibilities include, but are not limited to, the following:
- Perform the following major core intercompany equity and subsidiary processes of the team using both for SAP and JDE systems.
- Intercompany loan accounting which includes monitoring and computation of loan amortization, review of loan agreements, and settlement of interest and principal. Booking of intercompany investing and financing activities which include coordination of booking with trading partner companies and Controller's.
- Monitoring and accounting for the in-house short term money market investment house
- Balance Sheet and Income Statement analysis
- Preparation of various year-end and ad hoc reporting requirements as needed.
- Monthly XR reconciliation and analysis of all Intercompany loans, multi-co investment fund, investment and capital balances of handled Chevron companies. This includes trace and escalation of imbalances for resolution and matching and clearing of open items in XR.
- Quarterly accounts reconciliation and analysis of Intercompany loans, multi-co investment fund, investment and capital GL accounts in accordance with Accounts Reconciliation standards. This includes trace and escalation of reconciling items, peer review of accounts and reporting.
- Support other Intercompany activities with customers and trading partner companies.
- Demonstrate process leadership by providing guidance to customers or trading partner company contacts on global Intercompany guidelines and policies and process standards.
- Initiate and participate in process improvement efforts. Work to eliminate, streamline, standardize and automate own processes and processes within the team to improve efficiency and cost effectiveness.
- Practice fiduciary role by safeguarding company’s assets and taking ownership of own process.
- Follow proper procedures and controls to maintain accounting records that comply with GAAP, regulatory requirements, and Chevron’s accounting policies.
- Meet all requirements of Corporate Compliance functions including but not limited to Internal Controls, Information Protection, Conflict of Interest, and Environmental, Fire, Safety, and Health.
- Coordinate special projects and other ad hoc roles as assigned.
- Perform other administrative functions as required.
About You
We know our greatest resource is the ingenuity, creativity and innovation of our people. Applications from motivated and talented individuals with a keen interest in the energy industry are encouraged.
Knowledge, Skills, and Experience:
- Relevant accounting work experience, knowledge of intercompany processes, investing and financing activities, and variance reporting & analysis
- Bachelor's degree in Accounting or equivalent
- Accounting Proficiency: Proficient in understanding and applying accounting policies and corporate guidelines
- Analytical: Capable of identifying all aspects of a problem and understanding why a problem exists; providing a solution
- Technical: Demonstrate ability to manipulate data with Excel or other applications/tools and apply results to Financial ERP modules (i.e. SAP and JDE)
- Communication: Proven ability to listen actively and use clear, concise oral and written skills to convey facts and present positions
- Managing Performance: Display initiative and leadership in handling multiple job responsibilities, setting priorities, maintaining a high level of accomplishment, and implementing process improvements
Everything we do at Chevron is guided by our values and our commitment to The Chevron Way (https://www.chevron.com/about/the-chevron-way). At the heart of The Chevron Way is our vision to be the global energy company most admired for its people, partnership, and performance.
Participate in world-leading energy projects, advance your professional development and expand your career within an inclusive, collaborative and high-performing workplace.
Benefits
- Competitive salary
- Allowances, medical and optical reimbursements
- Health care coverage for you and your eligible dependents
- Robust employee centered programs for health and wellness
- Time-off to promote healthy work-life balance or to care for your family
- Annual corporate incentive bonus when the company meets established goals
- Recognition & awards program
- Long-term savings plan
- Life insurance
- Career development opportunities to all employees through onboarding, training and development, mentoring, volunteering opportunities and employee networking groups
- Hybrid work model - work remotely from home several days a week
At Chevron, we are committed to fostering diversity and inclusion at all levels of our company and at all stages of the employee experience. We constantly strive to attract, develop and retain diverse Filipino talent. Globally, Chevron Corporation has achieved a rating of 100 percent in the Human Rights Campaign Equality Index for the past 17 years. The Index ranks American companies based on their commitment to equality in the workplace.
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