, India
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Job Description:
General Purpose:
Joint Venture Accounting (JVA) in Finance Operations performs the end-to-end Joint Venture Accounting activity for RDS Operated and non-operated Upstream/Integrated Gas activities. The team, which is part of the Revenue Upstream organization, manages cash calls and joint interest billing to Joint Venture partners.
Job Purpose:
This role is responsible in performing day to day operational requirements for Upstream Joint Venture Accounting (JVA) for an LOB/ Asset, 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,
Analysed and address aging of account reconciliation balance.
Creates analytical reports to be used during Asset/Venture discussions.
This position will also be the deputy which mean first point of escalation and SME for the team.
Job Knowledge, Skills & Experience:
Qualifications
Degree/qualifications in Accounting/Finance
preferably a CA (Chartered Accountant)
min. of 3 years work experience in Joint Venture Accounting
Understanding of upstream business and Joint Venture Accounting process would be advantageous.
Experience working in complex accounting / analytical roles.
Exhibits excellent English communications skills (written and oral).
Good knowledge of controls framework.
Ability to work under high pressure an in a rapidly changing environment.
SAP and Microsoft office skill set are necessary, preferably advanced excel
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