Segment Accounting Supervisor

September 11, 2022
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Job Description

• Achieve a broad spectrum of financial accounting activities, ensuring that Upstream’s financial accounts are prepared in a timely and world-class manner.
• Participate in the consolidation and reconciliation of financial figures reported to executive management to finalize the business line financial reports at both actual and planning events.
• Prepare monthly and quarterly financial statement analytical review at business unit level.
• Ensure quarterly segment financial statements are free of material errors each quarter and identified issues are followed through to resolution on a timely basis.
• Identify and implement key controls activities (preventative and detective) at international standards (e.g.Sarbones Oxley) on assigned area of responsibility.
• Ensure timely and accurate recognition of provisions relating to environmental remediation, legal and asset retirement obligations.
• Maintain Upstream internal reference material related to accounting and compliance.
• Implement and oversee transfer pricing and cost allocation policies in the Upstream area.
• Coordinate, maintain, and resolve outstanding audit exceptions for both internal and external auditing.
• Provide input and decision support analysis to short-term and long-term planning cycles as well as commercial activities such as price negotiations, investment decisions and the like.
• Provide Upstream Finance community advice on technical accounting issues.
• Coordinate, prepare, present training material to improve accounting knowledge of the wider Upstream Finance community.

Requirements

As a successful candidate, you
• Hold a Bachelor’s degree in Business or Finance discipline.
• Hold an Accounting professional designation (ACCA, CPA, CMA, CIMA, CA, or equivalent).
• Have 12 years of experience in the Finance and reporting related activities. Preferably, 5+ years of this experience will be in the Oil & Gas value chain.
• Have a previous experience in implementing financial controls.
• Have a solid understanding of IFRS in relation to Oil & Gas.
• Are able to work with incomplete data and drive conclusions and recommendations to senior management.
• Have working knowledge of SAP Finance Modules.
• Have in depth knowledge in one or more of the following areas: well accounting, asset accounting, costreallocations, revenue accounting, transfer pricing, financial consolidation and group reporting requirements.
• Have strong modelling experience would be considered an asset as it allows you to be active in an even broader suite of responsibilities.