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Joint Venture (JV) Accountant
Location:
Anchorage, AK
Description:
BUSINESS/FUNCTIONAL PURPOSE Through its merger with Oil Search, Santos has acquired and assumed operatorship over a world-class portfolio of oil leases on the Alaskan North Slope, USA.Our focus in Alaska is advancement of our Pikka Phase 1 project, which includes a single drill site, an oil processing facility, and other infrastructure to support production of 80,000 barrels of oil per day.Pikka has been identified as being among the top quartile of oil and gas development projects for greenhouse gas emissions performance. Pikka is poised to play an important role in the energy transition and is aligned with our company goal of managing climate change risk.The Pikka Unit is one of the largest conventional oil discoveries made in the United States in the last 30 years, and the Pikka Phase 1 Project is the most significant development on Alaska's North Slope in more than 20 years.The permitted Pikka development project includes two additional drill sites. The Alaska assets also include discoveries made from both the Mitquq and Stirrup exploration wells drilled in 2020. These opportunities combine to offer a clear path to long-term growth in Alaska.The Finance Function supports the Alaska Business Unit through; the provision of financial services and advice; managing and optimising Oil Search Alaska's liquidity and capital requirements; managing financial risk; procuring and managing insurance programmes; transacting, controlling, reporting and analysing financial information; coordinating and preparing budgets and forecasts; maintaining and optimising financial systems; meeting compliance, regulatory, operating agreements and commercial obligations and providing the business with competent finance resources. POSITION PURPOSE Reporting to the Alaska Financial Controller, the JV Accountant will be primarily responsible for ensuring compliance with applicable Unit Operating Agreement (UOA) obligations, being seen as the expert in the UOA space. The JV Accountant will prepare monthly cash calls, Joint Interest Billings (JIBs), track and monitor AFE status and work with the Business to ensure forecast increases are identified and communicated timely both internally and to JV Partners. The JV Accountant will also lead JV audits and be heavily involved in the JV audit resolution process. KEY ACCOUNTABILITIES AND RESPONSIBILITIES Deliver monthly financial close requirements with alignment to corporate and UOA timelines responding to and closing out all queries from UOA partners. Includes but not limited to, monthly Unit Operating Statements, Cash Calls, Ad Hoc UOA partner requests, support internal Business Unit reports. Support the development and delivery of required UOA reporting, this includes but not limited to, Unit Operation Budget vs. Actual, AFE Plan vs. Actual. Support the JV audit process, scheduling, responding to information requests, logistics for audit team, responses audit queries and exceptions, tracking exception report close out. Ensure the business is aware of chargeability of activity related to the joint operations and optimize cost recovery within the guidelines of the JOA. Maintain JV master data to align with ongoing activities and JOA requirements. Monthly Balance Sheet Account Reconciliations Support Senior Finance Manager to develop relationships with JV Partner counterparts to ensure consistent understanding of JOA requirements and timely and accurate delivery of the same. Support Month End Close - Prepare and post journal entries / PCO Calculation entries Additional ad hoc responsibilities as they come up. REQUIRED QUALIFICATIONS AND EXPERIENCE Formal Qualifications Prefer Bachelor's Degree in Business or Accounting Prefer CPA/CA qualification Skills / Technical Competencies Strong organizational skills to meet deadlines and deliver accurate and relevant reporting, combined with strong analytical skills to interpret and present financial information to non-financial users.
Company:
Alaska-Santos
Posted:
December 26 2023 on ApplicantPro
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More About this Listing: Joint Venture (JV) Accountant
Joint Venture (JV) Accountant is a Accounting & Finance Accountant Job at Alaska-Santos located in Anchorage AK. Find other listings like Joint Venture (JV) Accountant by searching Oodle for Accounting & Finance Accountant Jobs.
Joint Venture (JV) Accountant is a Accounting & Finance Accountant Job at Alaska-Santos located in Anchorage AK. Find other listings like Joint Venture (JV) Accountant by searching Oodle for Accounting & Finance Accountant Jobs.