Senior Finance Representative

PetroChina Canada; Calgary; On-site; CAD 110,000 - 150,000; Full time

Job summary

PetroChina Canada is seeking a Senior Finance Representative to join the Financial Performance & Analysis team in Calgary. The role drives budgeting, forecasting, and management reporting, interfacing between finance and asset teams.

It requires IFRS knowledge, JV experience, and strong analytical and negotiation skills. The incumbent will develop financial planning for assets, prepare presentations for senior leadership, and ensure SAP data integrity while contributing to process improvements

Qualifications

• Joint venture asset experience is an asset.
• Undergraduate degree in accounting or similar from an accredited educational institution.
• Professional accountant designation preferred, along with IFRS knowledge for upstream oil and gas.
• 10+ years’ relevant financial reporting/budgeting experience in oil and gas exploration, development and operations.
• Knowledge of oil and gas operating/management reporting requirements and ability to deliver timely reports.
• Strong experience with joint venture agreements.
• Negotiation skills to support asset team.
• Ability to work in a multi-disciplinary team and across organization levels.
• Hands-on experience with SAP is an asset.
• Strong written and oral communication skills.

Responsibilities

• Develop and support budgeting, forecasting and management reporting for assets.
• Provide financial insight and oversight between finance and asset teams.
• Analyze performance metrics and prepare financial presentations for senior leadership.
• Ensure compliance with AFE standards and SAP data integrity.
• Contribute to process improvements within the Finance team.
• Maintain documentation for budget management policies and templates.

Skills

Joint venture experience

IFRS knowledge

Analytical skills

Negotiation skills

SAP knowledge

Interpersonal skills

Team collaboration

Education

Undergraduate degree in accounting

Professional accountant designation preferred

Tools

SAP

Job description

Senior Finance Representative

PetroChina Canada (PCC) is a wholly owned subsidiary of PetroChina Company Limited which is partially owned by China National Petroleum Corporation (CNPC), a state-owned enterprise. CNPC is China's largest oil company and the world's third largest oil company, operating 91 energy-related projects in over 35 countries and regions. PCC has invested billions of dollars in an asset-rich portfolio of upstream, midstream and downstream operations. In Alberta, this includes our MacKay River and Dover oilsands projects, Duvernay Shale Gas and a 50% interest in the Grand Rapids Pipeline. In British Columbia, we hold joint venture interests in the Groundbirch tight gas project and LNG Canada.

Detailed Job Description

Senior Finance Representative

PetroChina Canada (PCC) is a wholly owned subsidiary of PetroChina Company Limited which is partially owned by China National Petroleum Corporation (CNPC), a state-owned enterprise. CNPC is China's largest oil company and the world's third largest oil company, operating 91 energy-related projects in over 35 countries and regions. PCC has invested billions of dollars in an asset-rich portfolio of upstream, midstream and downstream operations. In Alberta, this includes our MacKay River and Dover oilsands projects, Duvernay Shale Gas and a 50% interest in the Grand Rapids Pipeline. In British Columbia, we hold joint venture interests in the Groundbirch tight gas project and LNG Canada.

PetroChina Canada is recruiting for a Senior Finance Representative to join the Financial Performance & Analysis team.

Reporting to the Manager, Financial Planning & Analysis the Senior Finance Representative will be the key focal point and liaison between the finance department and the asset team, and for financial insight and oversight. This role is responsible for developing and supporting financial planning, budgeting, forecasting and management reporting. Also, the incumbent will be engaged in both commercial and contractual issues related to the relevant asset area. This position will contribute to driving financial analysis across asset business lines to identify solutions to improve financial and operating performance.

This position is a full-time, in office position located in Calgary.

Accountabilities

Budgeting, Analysis And Stewardship Reporting

• Support preparation and validation of annual work program & budget and monthly forecasts for assigned asset and functional areas. Challenge assumptions from business to ensure accuracy of budgets.
• Ensure sufficient documentation and approval of annual budget along with communication and distribution of approved budget programs to the business units.
• Establish, maintain and recommend changes to Investment Management Hierarchy (Expenditures Coding), WBS and cost center hierarchy, within the SAP system.
• Load capital budget in SAP to correct IM Hierarchy and releases budget funds upon approval of AFE.
• Monitor operating costs, understanding key cost drivers providing through analysis to identify solutions to improve operating and financial performance.
• Advise the business on costs included in capital, exploration expense, research and development and abandonment AFEs/projects, as well as operating expenses.
• Prepare monthly, quarterly, annual and ad hoc financial presentations for senior leadership meetings, providing insightful variance analysis of actual vs. budget.
• Proactively analyze business performance and key performance metrics to provide analytical, strategic and financial support.
• Coordinate and prepare detailed operating and functional view of financial statements and key performance indicators, along with other financial information, as required.
• Work with both business and finance teams to identify and record relevant monthly accounting entries.

AFE Management Support And Process Improvements

• Support business unit projects in reviewing AFEs, SAP work breakdown structure, budget change requests, AFE supplements.
• Prepare AFE status reports to enable prompt analysis of costs by AFE and proactively identify potential cost overruns.
• Ensure compliance with AFE standards.
• Contribute to the continual improvement of the Finance team by proactively identifying and sharing process improvement opportunities.
• Support the maintenance of all documentation for budget management policies, procedures, standards and templates and updates when necessary for operations.

Business Asset Support

• Ensure familiarity with existing contracts and agreements and provide oversight to ensure contractual terms are being fully utilized and considered
• Utilize financial, joint venture and contractual skills and knowledge to safeguard the company’s assets, while identifying opportunities to maximize asset value
• Employ negotiation skills to support the asset team
• Engage in contractual and commercial negotiations as required

Qualifications

• Joint Venture asset experience is an asset
• Undergraduate degree in accounting or similar from an accredited educational institution
• Professional accountant designation preferred, along with a working knowledge of IFRS for upstream oil and gas
• 10+ years’ relevant financial reporting/budgeting experience within an oil and gas exploration, development and operations environment
• Knowledge of oil and gas operating/management reporting requirements and proven ability to deliver timely and insightful reports
• Strong experience with joint venture agreements
• Proven influencing and negotiation skills
• Ability to effectively work in a multi-disciplinary team environment, and with individuals at all levels within an organization
• Hands-on experience with SAP an asset
• Strong interpersonal and communication skills (written and oral); experience in effectively communicating key data, including presentations to both operations management and executive leaders
• Keen analytic, organization and problem-solving skills
• Commitment to mentoring, training, and coaching junior team members
• Confident, detail orientated and enthusiastic team player
• Flexible and able to manage multiple priorities simultaneously and meet the time demands of unpredictable activities; capable of handling pressure and challenges in a dynamic business environment
• Demonstrated ability to contribute to a healthy safety and environmental culture
• Adoption and demonstration of PCC Values (Honorable, Unified, Passionate, Accountable)