Production, Revenue & Royalty Accounting 

General description of the department: 

Production, Revenue & Royalty Accounting (PR&RA) department provides support to Upstream North America operations by overseeing the accounting behind production, revenue, royalty and tax of Oil and Gas products from origination sources (offshore / onshore leases). 

As a PR&RA Analyst, you'll have responsibilities that include assisting in the integration of new technologies (such as data analytics, robotics/automation, and digitalization), ensuring compliance with governmental regulations, analyzing industry agreements to ensure proper accounting and compliance, and seeking opportunities to enhance existing processes. 

PR&RA tasks are distributed in teams of an average of 10 analysts by process/areas and in alignment with Operations desks. This distribution allows a fluent interaction between members.  

Revenue Senior Analyst is responsible of: 

• Collaborate across revenue teams looking for opportunities to standardize/automate end-to-end revenue process. 

• Develop deep expertise on preparing and recording monthly revenue and expense transactions associated with the production, dispositions and sales of Oil and Gas (for both Company Operated and Non-Operated assets) to act as SME and enhance Decision-Making skills of revenue teams to bring/keep accounts in the most current status. 

• Partner with key functions such as Commercial, Land, CARS and S&T teams to enhance relationships by identifying opportunities of shared initiatives/improvements and possibility to build communication protocols. 

• Look for opportunities to improve master data setup in workbooks related to non-operated assets to avoid recurrence open items in AP, AR and S&T intercompany accounts. 

• Reconcile balances for third parties and intercompany accounts and solve disputes in a timely manner. 

• Contribute with Upstream SOX & Internal Controls compliance and reporting. 

In this position, Analyst will have the opportunity to: 

• Be a part of a growing department that offers numerous chances to streamline/ enhance processes and implement innovative technologies (i.e., data analytics, robotics / automation, and digitalization). Chevron uses industry leading applications, including SAP, PowerApps/Microsoft Flows, SharePoint, OneDrive, Microsoft Teams, Workplace by Facebook, etc. 

• Show adaptability to achieve superior results in a highly dynamic environment.  

• Support S4Hana implementation as main ERP to deliver on business processes. 

• Get a deep understanding of Upstream end-to-end processes: from drilling to the impact on revenue accounting and related taxes & royalties. 

• Get fluent on asset operations. This includes, but it is not limited, at monitoring business shifts and communicating with BUs to facilitate their decision-making process. 

• Regularly engage with Business Unit (BU) personnel, including Supply and Trading Front Office, Finance, Operations, Law, Land Ownership and Commercial teams to deliver on common goals. 

• Collaborate within a diverse, multi-disciplinary environment across teams and locations.  

Main responsibilities for this position may include but not limited to: 

• Deliver on accounting processes with timeliness and accuracy. This implies to document, maintain, and report financial data linked to Upstream operational activities.  

• Deliver effectively on month/quarter/year end closing processes (e.g., variance analysis of results, account reconciliation, etc.)  

• Produce accurate variance analysis within short time frame, and in a context of a dynamic business environment. 

• Analyze and reconcile accounts. 

• Be active at identifying and executing process optimization & reengineering initiatives to enhance work procedures and/or reconciliations. 

• Support and develop strategies to enhance the collective knowledge of the work group. 

Selection Criteria 

• Align and inspire: execute role with excellence following Chevron OE standards. 

• Build Relationships: ability to build trustful relationships with key stakeholders. Have the initiative to connect with others, understand what they do and how they can collaborate with us. 

• Organizational Capabilities: be a partner of the Leadership team to enhance PR&RA's skillset at all levels.  

• Decision Making: analyze data from different sources and produce summarized information; demonstrate criteria to communicate with impact