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Shell Joint Venture Accounting Sr. Specialist in Chennai, India

General Purpose:

Joint Venture Accounting (JVA) in Finance Operations performs the end-to-end Joint Venture Accounting activity for RDS Operated and non-operated Upstream/Integrated Gas activities. The team, which is part of the Revenue Upstream organization, manages cash calls and joint interest billing to Joint Venture partners.

Job Purpose:

This role is responsible in performing day to day operational requirements for Upstream Joint Venture Accounting (JVA) for an LOB/ Asset, with the following primary accountabilities:

  • Ensure cash calls are within the approved budget and appropriately booked in the rightful cost element,

  • Ensuring that cash calls are received and paid within agreed terms,

  • Proactively and reactively identify potential bank overdraft,

  • Complete, quality and timely joint interest billing and other required reports provided to JV partners and key stakeholders,

  • Accurate recording of non-operated venture account balances,

  • Accurate and timely postings of required manual journal entries and ensure approval within MOA,

  • Analyzed and address aging of account reconciliation balance.

  • Creates analytical reports to be used during Asset/Venture discussions.

This position will also be the deputy which mean first point of escalation and SME for the team.

This position will also be responsible for effective relationships with key stakeholders within Finance Operations, Asset Finance in the Business and Controllers team to ensure that alignment of objectives, delivery of functional plan and targets are met.

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