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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

- 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 :


Work Location:

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:

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Untitled Document
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