Job Information
Shell Joint Venture BTC Specialist in Makati City, Philippines
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,
Analyse 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
Shell
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