Accountant Accounting Fixed Assets (142549)
Statoil is an international energy company with operations in 36 countries. Building on 40 years of experience from oil and gas production on the Norwegian continental shelf, we are committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. We are headquartered in Norway with 21,000 employees worldwide, and are listed on the New York and Oslo stock exchanges. In just a few years Statoil has positioned itself as one of the largest lease holders in deepwater Gulf of Mexico (GoM). Our GoM portfolio is managed out of our Houston office. The Statoil Houston office, which was established in 2002, also manages our Alaska, Marcellus, Eagle Ford and Bakken shale gas portfolios. To date Statoil has invested more than USD $11 billion in US upstream activities, and currently produces more than 150,000 barrels of oil equivalent a day. We have US offices located in Anchorage, Austin, Houston, Stamford and Washington D.C. USA, and are looking for talented people to contribute to our growing activity base.
Qualifications- Bachelor’s degree in Accounting/Finance
- 6+ years of experience in accounting for Oil and Gas Upstream
- 5+ years SAP
- Good USGAAP or IFRS knowledge i.e., successful efforts method
- Proficient Microsoft Excel user
- Use foresight, and identify opportunities and challenges
- Be imaginative, ambitious and stimulate new ideas
- Challenge accepted truths and enter unfamiliar territory
- Make clear demands on each other and push for constructive change
- Understand and manage risk
- Be truthful and act with integrity
- Be curious, work together and share experience
- Promote and value diversity
- Communicate in a precise way, give and accept constructive feedback
- Bring up ethical issues and challenges immediately
- Deliver on promises
- Continuously develop sound expertise, demonstrate commercial awareness and customer orientation
- Strive for simplification and clarity, and focus on value-adding activities
- Act decisively and be loyal to decisions
- Show dedication and endurance, follow through and pay attention to important details
- Cause zero harm to people and prevent accidents
- Reduce the negative impact of our activities and products on the environment
- Act within the law and comfortably within our own ethical policy
- Demonstrate social responsibility and contribute to sustainable development
- Respect the individual, help others to succeed and contribute to a positive working environment
- Create & maintain fixed assets master data in sub ledger - SAP Asset Accounting
- Record reclassification of projects, transfers, expirations, write offs, sales and impairments
- Run fixed assets settlement and perform internal compliance controls
- Prepare and record Asset Retirement Obligation (ARO) process
- Record monthly DD&A (units of production method) and provide variance analysis
- Review roll forwards and presentation of PP&E in consolidations
- Liaison with Central fixed asset team in Norway and local fixed asset team
- Develop and maintain accounting processes, procedures and improvement initiatives for property accounting team in accordance with Corporate Accounting guidelines
- Special projects and other tasks as required
- Unitization & Retirement of Fixed Assets
- Account Reconciliations
- SOX regulations and compliance
- Record Impairments, Dry Holes and Lease Expirations
- Statoil offers a competitive salary and a comprehensive benefit package. Statoil is an equal opportunity employer.