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Repsol is Hiring a Capital Accountant Near Spring, TX
We believe that diversity contributes to innovative ideas and provides added value that enables us to benefit from mutual learning and perform our best work. Here, what counts is your experience and your ability to create value. We offer you the opportunity to grow professionally, develop your career with challenging projects and collaborate with talented people worldwide. As a company committed to diversity and inclusion, we encourage all professionals who meet the job description requirements to apply.
The Capital Accountant is responsible for managing the accounting associated with fixed assets including depreciation, CAPEX accruals, Assets Under Construction (AUC), Asset Retirement Obligation (ARO) and the year-end impairment process. In addition to Capital Accounting responsibilities, the Capital Accountant will be tasked with performing other duties within the team related to Joint Venture Accounting. This role requires a working knowledge of standard Oil and Gas JOA's and COPAS Accounting Procedures for our U.S. and international projects. Responsibilities include accurate recording of all joint interest billings (operated and non-operated), cash call management, payout statements and revenues related to non-operated and operated properties. The successful candidate for this role will have broad knowledge of operational accounting for both operated and non-operated assets in the U.S. and international arenas, performance reporting, and will have working knowledge of COPAS and AIPN accounting procedures.
Primary Functions and Responsibilities
- Provide monthly, yearly, quarterly variance analysis of P&L, BS, and CF's.
- Record, analyze, and interpret financial results including DDA, CAPEX, and OPEX.
- Manage monthly and quarterly reserve adjustments and additions in SAP for various producing assets
- Management of Asset Retirement Obligations, DD&A and the year-end impairment process
- Management of Fixed Assets and Assets under Construction for various conventional and unconventional assets
- Accounting for leases under IFRS 16 standard
- Ability to adhere to tight deadlines
- Resolve working interest disputes through collaboration with Land and Division Order
- Proactively review existing and new JV accounting procedures, JOA's, PSA's, and JDA's
- Prepare monthly account reconciliations of applicable A/P, A/R, Capital and OPEX accruals, ARO, cash call, and Fixed assets accounts
- Record incoming / outgoing JIBs for operated & non-op operations in a timely and accurate manner
- Record incoming payments in a timely and accurate manner
- Provide JV audit assistance and / or manage the formal JV audit response
- Be recognized as the SAP expert for the JV function in the business unit and assist in the continuous improvement of SAP processes as it pertains to JIB's and payments
- Must be proficient in Microsoft Excel (pivot tables and lookups), Word and Outlook.
- Project management skills to assist in specific initiatives as they arise
- Must be legally authorized to work in the US for any company
- Bachelor's Degree or higher Accounting, Finance, or Economics preferred
- 5 years of progressive working experience
- Experience working with COPAS and AIPN accounting procedures preferred
- Experience in internal management & performance reporting
- Working knowledge of International Financial Reporting Standards is desirable but not required
- Detail orientated coupled with the ability to learn quickly
- Experience with SAP & SAP AFO. Other major ERP experience considered
- Ability to effectively communicate with all levels of the organization including C-Suite executives
- Strong written, verbal and presentation skills
#LI-KT1
Required skills:
Job posting end date:
17-06-2024
Job Summary
Full Time
$67k-81k (estimate)
06/09/2024
06/24/2024
repsol.com
THE WOODLANDS, TX
1,000 - 3,000
2005
PHIL RIBBECK
$200M - $500M
Energy
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About Repsol
En Repsol estamos en primera lnea del sector energtico para construir el futuro de la energa con innovacin y sostenibilidad. Somos una empresa multienergtica que crea valor de una forma integrada, diversificada y sostenible para el progreso de la sociedad. Aprovechamos la experiencia de nuestro pasado para estar presentes en el futuro de la energa. Nuestra presencia global garantiza la diversidad que nos caracteriza y se ve en nuestro equipo multicultural y multidisciplinar. Contando en la actualidad con un equipo de 25.000 empleados en 35 pases y de 79 nacionalidades diferentes. Si quieres sa ...
ber ms sobre nosotros y formar parte del equipo Repsol, entra en la seccin Vida en la empresa. At Repsol, we are at the forefront of the energy sector to build the future of energy with innovation and sustainability. We are a strong multienergy company that creates value in an integrated, diversified, and sustainable way to promote progress in society. We leverage our past experience to be present in the future of energy. Our global presence ensures the diversity that characterizes us as seen in our multicultural and multidisciplinary team that as of today comprises 25,000 employees representing 79 nationalities who work across 35 countries. If you would like to learn more about us and join the Repsol team, go to the Life section.
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The following is the career advancement route for Capital Accountant positions, which can be used as a reference in future career path planning. As a Capital Accountant, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Capital Accountant. You can explore the career advancement for a Capital Accountant below and select your interested title to get hiring information.
