Accounting Analyst at Chevron

Makati, Metro Manila, Philippines -

Full Time

Start Date

Immediate

Expiry Date

31 Dec, 25

Salary

0.0

Posted On

02 Oct, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accountancy, SAP, Oral Communication, Written Communication, Analytical Skills, Teamwork, Customer Engagement, Proactive Work Ethic, Results-Oriented, Customer Focused, Diversity Awareness, Automation Tools, Power Pivot, Power Query, Power BI

Industry

Oil and Gas

Description

Total Number of Openings 1 About Us Chevron is a leading multinational energy company with operations in over 180 countries. Founded in 1879, Chevron has a rich history of innovation and growth, making significant contributions to the global energy landscape. Chevron markets Caltex® fuels, lubricants and other petroleum products in the Philippines. Our network of service stations, terminals and sales offices forms the backbone of our presence in the Philippines. Chevron supports its operations in the Philippines and worldwide through two subsidiaries: Chevron Philippines Incorporated (CPI), which manages downstream operations and markets Caltex brand fuels, lubricants and petroleum products, and Chevron Holdings Incorporated (CHI), a global business services organization. Established in 1998, CHI provides business support services in finance and accounting, information technology, supply chain management, human resources, customer service and marketing. It serves Chevron affiliates around the world and has grown to be one of the leading global business services organizations in the Philippines. The company has received various recognition as one of the country’s top employers and as a champion of diversity and inclusion in the workplace. At Chevron, we believe humanity can solve any challenge – including meeting the world’s energy needs of today, while advancing a cleaner energy tomorrow. About the Role We have an exciting opportunity for an Accounting Analyst. This role will be based in 6750 Building, Makati City, Philippines. Responsibilities include, but are not limited to, the following: 1. Performs month-end closing activities like: Prepares, monitors, and validates intercompany purchases of refined products. Monitos in-transit shipment at month end and related gain/loss for in-transit plant. Monitors non-stock holding (NSH) plants at month end to ensure zero balance or appropriate explanation on timing differences. Validates the ending volumes in SAP and coordinate with Terminal personnel for the disposition of variances. Records accruals related to inventory such as stock on water and intercompany purchase accruals to eliminate intercompany imbalances at month end Monitors reasonableness of Moving Average price (MAP) per material per plant and perform price revaluation for material distortions. Performs excise tax revaluation and assist w/ excise tax update as necessary. Performs purchase price variance analysis and post adjustments. Performs Exchange Reconciliation and Revaluation at month end to reflect latest MAP. Performs Buy/Sell reconciliation and reclass at month end. Facilitates back-to-back sale and posting in the system. Performs material ledger closing. Validates and executes GAAPSTAT entries. Reviews CIRCA LIFO valuation reports, investigate CIRCA Forced Loss/Gains (FLGs), provide commentaries on Average Acquisition Rate (AAR) fluctuations, and answer build/draw questions as appropriate. Performs month-end close task taps as required by the Regional MEC coordinators. Answers Local Finance and regional reporting queries. Performs volume reconciliation Materials Management (MM) vs. Financial Accounting (FI) Modules and CIRCA system. Calculates Deferred Income Tax on the temporary difference between Statutory and Corporate inventory valuation and post entries in SAP. Performs company-owned retail stations wetstock reconciliation. Performs materials & supplies accounting. Assists w/ LIFO forecasting and COGS analysis as required. Assists w/ basic SAP materials movement errors troubleshooting and correction in the system. 2. Prepare Reports such as: Inventory Reports on balances, trends, and gains/losses Prepares Commentaries template or Inventory Variance Analysis Cost of Goods Sold Purchase Summary Other reports required by the government and regional reporting Consolidates Inventory Report – per material per plant Metrics and Process Health Check reporting 3. Perform accounts reconciliation for assigned GL accounts in accordance with Chevron Accounts Reconciliation Standards 4. Performs admin activities that may include, but are not limited to, the following: Participates fully in Finance Safety and Cybersecurity Programs. Ensures process documentations are kept current or timely updated and that records archiving and retention policy are adhered to. Performs other tasks that may be assigned by the Team Leader. Prepares and updates work plan as necessary and monitor self-performance to achieve performance goals. Aims for continuous self-development by participating in self-study courses, reading relevant professional materials, attends functional training, interacting with industry counterparts, etc. About You We know our greatest resource is the ingenuity, creativity and innovation of our people. Applications from motivated and talented individuals with a keen interest in the energy industry are encouraged. Knowledge, Skills, and Experience: Required Qualifications: Bachelor's degree in Accountancy Familiar with SAP Good oral and written communication skills Strong analytical, teamwork and customer engagement skills Must have the propensity to work in a proactive, results-oriented, and customer-focused environment. Enjoys working with people of diverse cultural background Preferred Qualifications: Strong SAP background, familiar w/ MM module but not required Familiar with automation tools (Power pivot, Power query, Power BI, etc.) (https://www.chevron.com/about/the-chevron-way). At the heart of The Chevron Way is our vision to be the global energy company most admired for its people, partnership, and performance. Participate in world-leading energy projects, advance your professional development and expand your career within an inclusive, collaborative and high-performing workplace. Benefits Competitive salary Allowances, medical and optical reimbursements Health care coverage for you and your eligible dependents Robust employee centered programs for health and wellness Time-off to promote healthy work-life balance or to care for your family Annual corporate incentive bonus when the company meets established goals Recognition & awards program Long-term savings plan Life insurance Career development opportunities to all employees through onboarding, training and development, mentoring, volunteering opportunities and employee networking groups Hybrid work model - work remotely from home several days a week At Chevron, we are committed to fostering diversity and inclusion at all levels of our company and at all stages of the employee experience. We constantly strive to attract, develop and retain diverse Filipino talent. Globally, Chevron Corporation has achieved a rating of 100 percent in the Human Rights Campaign Equality Index for the past 17 years. The Index ranks American companies based on their commitment to equality in the workplace. Connect with us: Facebook Instagram LinkedIn Twitter Chevron participates in E-Verify in certain locations as required by law. Chevron Corporation is one of the world's leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company's operations. Chevron is based in Houston, Texas. More information about Chevron is available at www.chevron.com.

Responsibilities

The Accounting Analyst will perform month-end closing activities, including preparing and validating intercompany purchases and monitoring inventory balances. Additionally, the role involves preparing various reports and performing account reconciliations.