Staff Accountant-Joint Venture
Petrobras - United States

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Responsible for completion and maintenance of general ledgers and sub ledgers and financial data for the Company by performing the following duties:

Duties & Responsibilities
  • Monitors and analyzes monthly activities of Domestic Production revenues and costs.
  • Initiates and responds to information requests to and from operations, land, and ensure that information flows to others in the accounting department.
  • Calculates and processes over-riding royalty payments to owners; responds to royalty owner inquiries.
  • Responsible for maintaining, updating and processing monthly costing via SAP.
  • Compiles and analyzes various statistical and financial data for payout status, revenue receipts vs. accruals, and other various reports.
  • Prepares, compiles, and answers questions regarding ledgers, schedules, financial statements and reports.
  • Calculates and records monthly MMS royalty accruals.
  • Reconciles inter-company balances with sister companies within the Petrobras system.
  • Prepares financial statement sub-schedules for the Balance Sheet and Income Statement.
  • Reviews Form 2014 submitted to the MMS.
  • Prepares adjusting and accrual entries for month end, quarterly and year end closing
  • Records amortization of Prepaid Insurance related to E&P projects and other activities.
  • Calculates and records monthly capitalized interest for E&P assets under construction in accordance with USGAAP and IFRS.
  • Assists external auditors with quarterly, interim and year-end reviews and audits.
  • Provides variance analysis of operational results to HQ and management.
  • Prepares monthly account reconciliations.
  • Special projects as required
  • Must abide by all QHSE policies and guidelines
  • Perform other duties as assigned
Minimum Qualifications
Bachelor’s degree (B. A. or B. S.) or equivalent degree in accounting, finance or related fields.
Two plus years related accounting experience with an Exploration & Production company.

Knowledge and Abilities
Ability to operate
  • a telephone, fax machine, calculator, copier, scanner, and other non-specified office equipment
  • a computer with the following software: Microsoft Office: Word, Excel, Outlook, and PowerPoint; Lotus Notes, and other proprietary software
Written and verbal fluency in
  • English
Experience in SAP FI-CO

Knowledge of COPAS pronouncements and guidelines.

Industry knowledge of accounting in oil and gas.

Ability to read, analyze and interpret general business periodicals, professional journals, or government regulations; to write reports and business correspondence; to effectively present information and respond to questions from groups of managers, customers, vendors, and the general public.

Ability to calculate figures and amounts such as discounts, interest, commissions, and percentages.

Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form; to deal with problems involving several concrete variables in standardized situations.

Knowledge of accounting protocol in General Ledger, Reconciliation of Accounts.

Ability to focus on details and multi-task.

Education and Experience
Bachelor’s degree (B. A. or B. S.) or equivalent degree in accounting, finance or related fields.
Two plus years related accounting experience with an Exploration & Production company.

Certificates and Licenses

Working Conditions

The working conditions described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment

This job is performed in a typical office environment.

Physical Demands
There are no outstanding physical demands of this job.

Accounting & Finance

About this company
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Petrobras is among the world's largest integrated oil and gas companies, engaging in a broad range of activities, including exploration,...