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Finance Anlayst-Financial Accounting

Posted: 8 Oct 2008
Location: USA
BHP Billiton is all about smart technology, innovation and great talent. If you want a challenging career and a chance to explore resource opportunities as well as your ambitions, we’re the company for you. Think ahead. Think BHP Billiton.

Description:

Provide accounting expertise and execution within the Global Petroleum Accounting organization. The Petroleum Financial Accounting team is a global financial department covering the general Financial Accounting for the entire Petroleum organization. This recently-formed group will be responsible for establishing global standards around finance and accounting processes worldwide while providing accounting and analytical support on a global basis.

This position reports to Finance Lead - Financial Reporting.

Experience & Qualifications Required

• Bachelor’s degree in Business with a strong accounting representation

• CPA preferred but not required

• Three to eight years of professional experience, preferably in upstream O&G

• Superior interpersonal skills to handle various customer and stakeholder groups

• Experience in financial accounting, reporting and overall governance

Accountabilities:

Execution of General Financial Accounting Team Processes

• Compliance with Global Petroleum accounting policy

• Coordinate key inputs directly from the Business Partners within the division for finance processes and reporting

• Identify areas of continual improvement and propose corrective action where necessary

• Ensure timely delivery, completeness and accuracy of all standardized reports generated by the Petroleum Accounting team consistent with month-end schedule for Petroleum

Execution of Global Standards for Key Finance/Accounting Processes

Comply with established of standards, control processes and drive global consistency in methodologies around the following areas:

• Perform monthly financial reporting for Global Other activities (Flash, Balance sheet review, cash flow)

• Maintain short term economic model for budgeting / forecasting requirements

• Portfolio Valuation Review requirements

• Accounting contact for Building Services activities

• Monitor Pension Fund accounting and employee provisions within Shared Service Centers

• Establishment and control of bank accounts (including interface with Treasury)

• Sundry receivables and prepayments

• Interest bearing liabilities

• Contingent liabilities accounting and reporting

• Insurance accounting for Global Petroleum

• Authority for Expenditure (AFEs) and all associated governance and control processes (close-out, supplements, amendments)

• Preparation and posting of journal entries

• General ledger account reconciliations

• Execute processes of all finance and accounting activities related to divested assets including:

• Accounting for closure plans

• Budgets and forecasts

• Invoice processing

• Expense accruals

• Overriding royalty revenue accounting

• US MMS royalty interest calculation

• Balance sheet review items

• Master data setup request

• Provide input on Annual statutory accounts for divested assets

• Insurance accounting for divested assets

• Provide input on Tax accounting and tax compliance for divest assets

Sarbanes-Oxley Requirements for Petroleum General Accounting team

• Responsible for SOX certification of assigned financial controls and processes owned

• Ensure appropriate documentation and ownership for all key controls within the Petroleum Accounting

• Remediation items related to SOX deficiencies and internal audit findings

THINK OF THE OPPORTUNITIES WITHIN BHP BILLITON. THINK LOCAL. THINK GLOBAL.

With 38,000 employees working in more than 100 operations in approximately 25 countries, we represent the world’s largest diversified resources company. We take our commitment to the communities in which we operate and do business in very seriously, and we are committed to operating safely and sustainably.

Contact Information:
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