
Finance Analyst
20 hours ago
Supports medium sized clients/customers and makes significant contributions to more complex projects under periodic supervision. General knowledge of the work function and Chevron's practices.
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.
In March 2020, Chevron sold its 45% non-operated interest in the Malampaya natural gas field. This was the first natural gas development and largest industrial project in the Philippines.
From the Philippines, we provide operational support for Chevron offices on five continents. The workforce supplies transactional, processing and consulting services in areas ranging from finance to information technology.
Chevron operates through two subsidiaries in the Philippines. Our Downstream company is Chevron Philippines Inc. We also operate a business processes support organization through Chevron Holdings Inc.
There are two Chevron companies operating in the Philippines: Chevron Holdings Incorporated (CHI) and Chevron Philippines Incorporated (CPI).
CHI is a shared services center providing transactional, processing, and consulting services in the areas of finance and accounting, information technology, supply chain management, human resources, downstream customer service and marketing. Established in 1998, CHI serves Chevron affiliates in six continents around the world. Over the years, it has grown to be one of the leading members of the shared services industry in the Philippines.
CHI has received various recognitions as a top employer: the 2024 Circle of Excellence for CSR Company of the Year; 2024 Top 10 Fortune 500 companies; 2023 HR Asia best companies; 2022 Diversity Company of the Year; 2021 Asia's Best Employer Brand Award; 2021 Global Best Employer Brand Award; 2020 HR Asia Best Companies to Work for in Asia; 2019 Circle of Excellence, Top Employer Category at Asia CEO Awards, and the 2018 Wellness Company of the Year at the same Asia CEO Awards.
At Chevron, we believe humanity can solve any challenge – including meeting the world's energy needs of today, while advancing a cleaner energy tomorrow.
CPI markets the Caltex brand of top-quality fuels, lubricants, and petroleum products through a network of service stations, terminals and sales offices.
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. Provides general accounting and reporting services to the Regional Supply and Trading Finance organizations in Asia Pacific, London, US and Australia that may include but are not limited to:
- Settles payables and send out invoices to 3rd party counterparties, affiliates and intercompany entities after interpreting contracts and validating important and required information against necessary documents.
- Works with the Charterers and/or Voyage Managers and/or Trader, Trading Analysts and/or Schedulers to update and correct pricing and quantities in Value Invoice Processing/ Solicitors Regulation Authority.
- Enters accrual entries into SAP invoices or other necessary documents that are not yet received in time for the month-end close.
- Accounts for all associated secondary costs to physical transactions.
- Accounts for other instruments used to hedge company price in SRA and SAP.
- Prepares forecast of cash payments and receipts reporting.
- Performs month-end reconciliations including GL Account reconciliation, VIP-SAP or SRA-SAP reconciliation, inventory reconciliation and address Interco imbalances.
- Supports and provide comments for the balance sheet accounts reconciliation including trace and escalation.
- Supports SOX controls and testing, and internal/external audit requirements.
- Handles ad-hoc inquiries from Charterers, Voyage Managers, Traders, Trading Analysts and Schedulers as well as counterparties (3rd Party, Affiliates or Intercompany).
- Handles all other general accounting services that may be required by the Charterers, Voyage Managers, Traders, Trading Analysts, Schedulers, BU from time to time.
2. Partnering with Manila Midstream Accounting Leadership Team in delivering reliable and cost-efficient services:
- Monitors effectiveness of applicable controls, assesses gaps, develops corrective plans, reports on progress made, and results.
- Establishes processes and procedures to ensure conformance and alignment with corporate requirements
- Supports internal and external financial audits; serves as a contact for internal and external auditors.
- Provides guidance on financial internal control issues.
- Assists in executing the team's work plans and support its revisions as appropriate to meet changing needs and requirements.
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:
- Bachelor's degree in accounting
- Minimum of ten (10) years overall work experience.
- 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
Preferred Qualifications:
- Experience in SAP/JDE
- General Accounting, Accounts Payable and Accounts Receivable process exposure preferred.
Everything we do at Chevron is guided by our values and our commitment to 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:
Chevron participates in E-Verify in certain locations as required by law.
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