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Joint Interest Accounting Analyst (Bengaluru, KA, IN)

Mumbai, Maharashtra 1 month ago

Job Description

At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for. The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.  We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs. Learn more about our What and our Why and how we can work together. ExxonMobil’s affiliates in India ExxonMobil’s affiliates have offices in India in Bengaluru, Mumbai and the National Capital Region.  ExxonMobil’s affiliates in India supporting the Product Solutions business engage in the marketing, sales and distribution of performance as well as specialty products across chemicals and lubricants businesses. The India planning teams are also embedded with global business units for business planning and analytics. ExxonMobil’s LNG affiliate in India supporting the upstream business provides consultant services for other ExxonMobil upstream affiliates and conducts LNG market-development activities. The Global Business Center - Technology Center provides a range of technical and business support services for ExxonMobil’s operations around the globe. ExxonMobil strives to make a positive contribution to the communities where we operate and its affiliates support a range of education, health and community-building programs in India. Read more about our Corporate Responsibility Framework. To know more about ExxonMobil in India, visit ExxonMobil India and the Energy Factor India. What role you will play in our team The Joint Interest Accounting Analyst will be responsible for the administration and compliance of Joint Operating Agreement (JOA) Accounting provisions, timely and accurate recording of advance billings, and performing variance analysis on JV billings. This role requires strong analytical skills, attention to detail, and the ability to work collaboratively with cross-functional teams. What you will do Key Responsibilities:  Administer and ensure compliance with JOA Accounting provisions for ExxonMobil operated producing fields Timely and accurately record advance billings (Cash Calls / Operating advances) to working interest partners Interpret and comply with new or amended provisions to the standard JOA Accounting Provisions Perform variance analysis on selected JV billings Record required monthly FI entries and update recurring entries for manual overhead and payroll burden adjustments Review joint venture carried interest reports and prepare and issue reports to carried interest owners Calculate and declare payout on carried interest accounts Analyze and record monthly advance billings (operating cash calls) Prepare and submit quarterly relocation charges Check penalties of new carried interest cases as needed Serve as Account Custodian for Account Reconciliation and ensure compliance with BSAM Facilitate working interest ownership changes Respond to owner inquiries and JV audit inquiries Facilitate property sales package requests Participate in SAP Regression Testing Monitor Net Profit accounts and clear accounts when necessary Respond to JV related information requests from various cross-functional departments Provide well count data for General Liability Insurance and submit charges to related partners Execute billable revenue analysis Verify statements for payout wells are calculated correctly and in agreement with contract terms About You Required Skills and qualifications : Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. CPA or relevant certification is a plus. Minimum of 3 years of experience in accounting or finance roles, preferably within the oil and gas industry. Demonstrated ability to utilize digital tools and technologies in accounting and finance contexts Knowledge in at least 2 systems or tools such as SAP, Group Reporting, Blackline, Energy Link, Workiva, Power BI or Dashboards will be a distinguishing factor Proficiency in SAP, Excel, Power BI, and other analytics tools. Strong understanding of accounting and bookkeeping concepts. Excellent communication and interpersonal skills. Analytical and creative thinking abilities. Ability to work collaboratively with cross-functional teams. Proficiency in financial analysis and reporting. Problem-solving and critical-thinking abilities. Ability to thrive in a dynamic and fast-paced environment Keen attention to detail and accuracy Resilience, flexibility, and agility Proficiency in English Your benefits An ExxonMobil career is one designed to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance and life. We offer you:  Competitive compensation  Medical plans, maternity leave and benefits, life, accidental death and dismemberment benefits  Retirement benefits  Global networking & cross-functional opportunities Annual vacations & holidays Day care assistance program Training and development program Tuition assistance program Workplace flexibility policy Transportation facility Please note benefits may change from time to time without notice, subject to applicable laws. The benefits programs are based on the Company’s eligibility guidelines.  Stay connected with us Learn more about ExxonMobil in India, visit ExxonMobil India and Energy Factor India. Follow us on LinkedIn and Instagram Like us on Facebook Subscribe our channel at YouTube EEO Statement ExxonMobil is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin or disability status. Business solicitation and recruiting scams ExxonMobil does not use recruiting or placement agencies that charge candidates an advance fee of any kind (e.g., placement fees, immigration processing fees, etc.). Follow the LINK to understand more about recruitment scams in the name of ExxonMobil. Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship.  Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.

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