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Joint Venture Auditor

Joint Venture Auditor

  • Location United States - Texas - Houston
  • Travel required Yes - up to 25%
  • Job category Finance Group
  • Relocation available No
  • Job type Professionals
  • Job code 137162BR
  • Experience level Intermediate
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Job summary

Role Synopsis

The Joint Venture Auditor is accountable for participating in and leading audits of OBO (operated by other) properties across multiple global regions. The auditor is accountable for the coordination of timely rebuttals to audits all the way through to resolution including working with commercial on settlements. Over the last 2 years, the OBO JV Audit team has recovered $70m net from audits.

SPU / Function: Finance

Key accountabilities

The JV Auditor works with operators of our OBO JVs in reviewing various activities of Joint Venture expenditure (capex, cash cost and decommissioning) as well as revenue. The role requires strong analytical, teamwork and communication skills. Being able to review, understand and identify risk in Joint Operating Agreements and Contracts is the basis for this role.

The JV Auditor is accountable for:

  • Auditing the global Production & Operations and Gas & Low Carbon Energy OBO JVs as assigned; thorough analysis of costs/revenue as advised by Lead Auditor, being able to identify issues and clearly articulate those issues into written audit exceptions.
  • Responding to initial and subsequent rebuttal responses from the Operator, and tracking of audit status through to audit closure.
  • Providing resolution negotiation support working together with commercial team members.
  • Working with Regional Finance ARC and Planning & Commercial Operations, and other JV Audit team members to review audit issues, contract interpretations, insights and strategy to respond, settle and recover claims.
  • Ensuring audit deadlines are met and appropriate grants from Operator’s are received and waivers/closures as applicable are communicated to the Operator and conform to BP procedure and delegation of authorities.

Essential Education

  • Minimum Bachelor degree (Accounting or equivalent)

Essential experience and job requirements

  • Minimum 5 years’ industry experience with an understanding of accounting, finance or commercial operations
  • Must have strong organizational and teamwork skills plus ability to focus on detailed issues.
  • Analytical and problem-solving skills of complex issues
  • Forward thinking with regards to new digital tools and processes for efficiency
  • Meets customer needs by ensuring a deep understanding of the expected service and delivering to that expectation
  • Exhibits strong communications (verbal and written) skills
  • Capable of managing a variety of assignments to tight timelines (multi-tasking)

Desirable criteria and qualifications

  • Experience with Joint Venture agreements a plus
  • Knowledge of Revenue Accounting, Allocations, and product pricing a plus
  • CPA or MBA helpful

Eligibility Requirements

If you are applying for a position in the United States, you must be at least 18 years of age, legally authorized to work in the United States; and not require sponsorship for employment visa status (e.g., TN, H1B status), now or in the future.

Some travel is required for the auditing role (up to 30% including potential international).

Why join us

At bp, we support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. We are committed to encouraging an expansive environment in which everyone is respected and treated fairly.

There are many aspects of our employees’ lives that are meaningful, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others!

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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