Cost Controller

bp

Houston (TX)

Hybrid

USD 100,000 - 130,000

Full time

9 days ago
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Benefits offered by this job

Discretionary Annual Bonus Program
Quarterly Momentum Bonus
401K Program
Health, Vision, And Dental Insurance
Life Insurance
Short-Term Disability
Long-Term Disability

Job summary

bp’s Archaea Energy division seeks a senior finance professional to support cost control and forecasting for our RNG and related projects in Houston. You will report to the CFO of Conifer Systems and collaborate with the Archaea Operational Accounting team on project cost control and revenue recognition in a manufacturing-like environment.

The role emphasizes financial reporting, monthly closes, tax compliance, budgeting, and cross-functional collaboration, with a hybrid Houston/remote work

Qualifications

  • 10 years accounting, process control, product or contract management experience (manufacturing environment).
  • Knowledge of project cost control and revenue recognition strategies (standard cost, gross margin, completed contracts, percent of completion).
  • Knowledge of business intelligence tools or software.
  • Strong financial acumen and analytical skills.
  • Project management and process improvement experience.

Responsibilities

  • Prepare financial statements including balance sheet and income statement.
  • Ensure accurate revenue recognition through percentage of completion for construction/manufacturing accounting.
  • Analyze and control costs for business unit projects including cost trend analyses.
  • Compile supplemental financial reports based on financial statements.
  • Implement policies and procedures for financial reporting as required.
  • Responsible for monthly accounting close process.
  • Support Supply Chain to ensure inventories and results are accurate.
  • Manage day-to-day accounting functions including invoicing, A/R, A/P and procurement.
  • Provide payroll, treasury management and general ledger support to Corporate.
  • Assist with local, state and federal tax compliance and reporting.
  • Assist CFO with budgeting process and forecasts.
  • Participate in SOX compliance and external audits.

Skills

Accounting policy
Accounting Processes and Financials
Agility core practices
Agility tools
Analytical Thinking
Business Acumen
Business process control
Business process improvement
Collaboration
Commercial Acumen
Communication
Creativity and Innovation
Credit Management
Customer centric thinking
Data Analysis
Data visualization and interpretation
Decision Making
Digital Fluency
Financial Reporting
Influencing
Internal control and compliance
Management Reporting
Managing change
Presenting

Education

Bachelor’s degree or equivalent

Tools

Acumatica
BI tools

Job description

Job Family Group

Finance Group

Job Description
About Archaea

bp is committed to investing in lower carbon energy so we can meet our ambition to reach net zero by 2050. And while we’re still mostly in oil and gas today, bioenergy is one of our five transition growth engines and a key focus to help us support the global energy transition.

Archaea Energy, a bp company, is a leader in landfill gas to energy and the largest renewable natural gas (RNG) producer in the US. With big ambitions, we specialize in the development, construction and operation of RNG, landfill-gas-to-electric and dairy digester facilities. The team operates around 50 sites in 32 states with a robust development pipeline.

About the role

This position will report to the CFO of Conifer Systems as well as into the Archaea Operational Accounting team. This position will also receive direction from the CEO of Conifer on projects and tasks as needed. The candidate should have a working knowledge of construction/manufacturing accounting and project cost control process flow.

This position will provide cost control support which is critical to forecasting and reporting financial performance for the business unit as well as steering commercial/sales efforts based on product throughput and market pricing tolerance correlated to specific product gross margin potential. We are looking for a self-starter with strong time management skills and the ability to work in a dynamic environment. The position will be located in Houston but will be eligible to work from home for limited days throughout the week.

Key accountabilities
  • Prepare financial statements including balance sheet and income statement
  • Ensure accurate revenue recognition through percentage of completion process with construction/manufacturing accounting.
  • Analyzes and controls costs associated with business unit projects. Cost control activities include:
    • Forecast review/reconciliation and cost trend analysis
    • Verify proper costs classification
    • Track man-hours allocated to a project
    • Verify supplier invoices are compliant with corporate invoicing procedures and have been accurately coded in the general ledger
  • Compile supplemental financial reports based on financial statements
  • Implement policies and procedures for financial reporting as required
  • Responsible for timely, accurate and efficient completion of monthly accounting close process
  • Support Supply Chain efforts to ensure Inventories and reported results are accurate.
  • Manages business unit accounting functions on a day-to-day basis including invoicing, accounts receivable, accounts payable and procurement
  • Provides support to Corporate for payroll, treasury management and general ledger accounting
  • Assists Corporate on local, state and federal tax compliance and reporting matters
  • Assists business unit CFO with preparation and completion of the fiscal year budgeting process, evaluates business unit performance against budget, and develops forecasts/revisions to provide an accurate projection of financial performance
  • Participate in SOX compliance activities
  • Provide assistance with external audits and internal control compliance activities
  • Other duties and special projects as required
Essential education
  • Bachelor’s (preferred), will accept equivalent work experience
Essential experience
  • 10 years experience in accounting, process control, product or contract management, preferably in a manufacturing environment
  • Familiar with project cost control and revenue recognition strategies including standard cost, gross margin, completed contracts and percent of completion
  • Knowledge and experience working with business intelligence tools or software
  • Financial acumen and analytical skills
  • Project management and process improvement experience
  • Demonstrates engagement and teamwork
  • Must have excellent time management skills, initiative, self-direction, and ability to work in a fast-paced environment (such as a start-up)
  • Must be able to handle multiple priorities while maintaining attention to detail
  • Excellent verbal and written communication skills
  • Advanced knowledge of Excel and other Microsoft products
Desirable criteria
  • Acumatica experience is a plus
  • Renewable, power or utility industry experience preferred
  • Preferable experience in the equipment manufacturing segment of the power/utility or energy industry
Why join us

Delivering a better and more balanced energy system requires many different approaches and solutions. All of us have a part to play. We aim to support our people to learn and grow in an inclusive environment in which everyone is respected and treated fairly. So, if you have the right skills, commitment and courage to help us invest in today’s energy system and build out tomorrow’s,

How much do we pay?

$100,000 - $130,000. *Note that the pay range listed for this position is a genuinely expected and reasonable estimate of the range of possible base compensation at the time of posting.

This position offers paid vacation depending on your years of relevant industry experience and will range from 120 – 240 hours of vacation per year for full times employees (60 - 240 hours of vacation per year for part time employees). You will also be eligible for 9 paid holidays per year and 2 personal choice holidays.You may learn more about how we calculate paid vacation and view our generous vacation and holiday schedules at benefits@bp. Bp has a parental leave policy as well, which offers up to 8 weeks’ paid leave for the birth or adoption of a child. Learn more at benefits@bp.

Join our industry-leading team and you’ll receive a reward and wellbeing package to enable your work to fit with your life. These include, but are not limited to:

  • Discretionary Annual Bonus Program
  • Quarterly Momentum Bonus
  • 401K Program
  • Health, Vision, And Dental Insurance
  • Life Insurance
  • Short-Term Disability
  • Long-Term Disability
Travel Requirement

No travel is expected with this role

Relocation Assistance

This role is not eligible for relocation

Remote Type

This position is a hybrid of office/remote working

Skills

Accounting policy, Accounting policy, Accounting Processes and Financial Systems, Agility core practices, Agility tools, Analytical Thinking, Business Acumen, Business process control, Business process improvement, Collaboration, Commercial Acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Fluency, Financial Reporting, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting {+ 4 more}

.

Legal Disclaimer

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status.Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process,pleasecontact us.

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.

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