The Revenue Analyst role sits within a larger accounting organization called ROMA that essentially combines revenue, ownership (DOI and JV) and production and measurement. This is part of the Accounting organization within BPX.
While the majority of the revenue transactional work is performed in another location within BP, the revenue related work performed within the ROMA team in Houston and Denver focuses on providing assurance on the oil, gas, ngl revenue recorded for their assigned assets, interfacing with the trading organization for intercompany balancing, understanding business context and commercial elements to ensure proper accounting set ups, communicating business results to the area leadership teams, and oftentimes recording certain unique entries to account for gas balancing or other imbalances.
Production Volumes, Gross Margin elements, and pricing are to be thoroughly understood to provide that volume and gross margin assurance each month. The primary responsibilities of the role are preparation of the monthly revenue accrual, analysis of monthly results to forecast, preparation of data for monthly revenue review with asset team and to serve as the coordination point for any revenue items related to their assets. The successful candidate will also work closely with the team performing transactional work as well as other parts of the accounting and finance organizations.
Work with Operations team to prepare monthly revenue accruals and provide support to identify differences between accruals and actuals
Ensure monthly revenue recordings are accurate while adhering to closing deadlines
Analyze monthly revenue results to assure accuracy of the financials
Prepare a projection of future production related to prior period adjustments, estimate the impact of severance and ad valorem tax expense
Prepare presentation for monthly revenue review with asset team
Support the asset Control, Finance, Operations, Land and Midstream teams, as needed
Perform an independent investigation and analysis of issues presented by the respective business areas, customer relations team, service provider or State agencies
Foster and maintain a collaborative relationship with the transactional revenue team located offshore
Keep track of new wells and the related revenue activity
Accountable for analysis and reconciliation efforts associated with balance sheet accounts.
University Degree in Accounting, Finance or Business Administration from an accredited university
Revenue accounting for oil & gas experience desired
Other Essential Skills:
Strong ability to communicate effectively in both verbal and formal written correspondence.
Ability to query data and convert to high level messages with meaningful and insightful management information
In addition, the candidate should demonstrate the following skills:
- Self-starter with a bias for action oriented problem solving
- Ability to convey results with confidence and credibility
- Ability to manage multiple/conflicting priorities and deliver under pressure
- Ability to coach, challenge, and influence other team members and peers
- Flexibility and commitment to delivery is essential
- Looks for innovative ways to do things better, faster, and more efficiently
- Strong analytical and communication skills
-Experience with SAP PRA