Position Summary:
Our Finance group delivers finance and accounting services to Chevron across the globe including Upstream, Downstream, Midstream and Corporate. We are innovative leaders sought out for our insights and commitment to protect and grow value. We are one team, bringing diversity to pursue common goal. We find better ways to do business and faster ways to make decisions. We inspire though our action. These are the qualities of Chevron Finance employees, and it is who we aspire to be.
In Finance, you will have the opportunity to grow your career in different functional groups such as Accounts Payable, Midstream Accounting, Bank, Revenue and Retail, Credits and Receivables, Intercompany, Financial Accounting and Reporting, Upstream Accounting and Business Analysis and Support.
Key Responsibilities:
- Exercise We Lead expectations in the day-to-day activities. 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.
- Booking and sending of intercompany transmittals which include coordination of charges to be transferred from one consolidated Chevron company to another. Booking and billing of redirections and charge-outs which include cost center and suspense accounts clearing.
- Monthly intercompany settlement & collection of restricted balances.
- Participate as member of Intercompany Upstream and Midstream Team.
- Practice fiduciary role by safeguarding company’s assets and taking ownership of own process.
- Quarterly accounts reconciliation and analysis (ARRS and / or GARS) of intercompany GL accounts in accordance with FSS Accounts Reconciliation standards. This includes trace and escalation of reconciling items and reporting.
- Coordinate special projects and other ad hoc roles as assigned.
- 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.
- Monthly Excellence in Reconciliation (XR) reconciliation and analysis of all intercompany receivable, payable and suspense balances of handled Chevron companies. This includes trace and escalation of imbalances for resolution and matching and clearing of open items in XR.
- Preparation of intercompany invoices to comply with in-country regulations for selected companies.
- Perform other administrative functions as required.
- 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.
- Follow proper procedures and controls to maintain accounting records that comply with GAAP, regulatory requirements, and Chevron’s accounting policies.
Required Education & Experience:
- Experience and knowledge in digital tools and other technology systems is an advantage
- Solid analytical and problem-solving skills
- Effective communicator and able to build relationships with various stakeholders and teams
- Bachelor’s Degree major in Finance, Business, Accounting, and related courses.
- Innovative and has passion for learning digital tools and technologies
- Demonstrated experience and background in Finance, Accounting, and/or Audit work