Shell Technical Accounting Lead - Houston, TX in Houston, Texas
Auto req ID 60861BR
Job Title Technical Accounting Lead - Houston, TX
Country of Work Location United States
City, State (if applicable) Houston, TX
Work Location Houston - One Thousand Main
Company Description Shell is a global group of energy and petrochemicals companies with over 90,000 employees in more than 70 countries and territories. In the US, we have operated for over a century and are a major oil and gas producer onshore and in the Gulf of Mexico, a recognized innovator in exploration and production technology, and a leading manufacturer and marketer of fuels, natural gas and petrochemicals. We deliver energy responsibly; operate safely with respect to our neighbours and work to minimize our environmental impact. We are in search of remarkable people who will thrive in a diverse and inclusive work environment to deliver exciting projects locally and globally. People who are passionate about exploring new frontiers. Innovators and pioneers. People with the drive to help shape our future. Because remarkable people achieve remarkable things.
This role is accountable and responsible for the accounting assessment of new complex/non-standard deals for trades executed in the Americas and Australia, working closely with Finance in the Business and with Derivative Accountant in the same Accounting team. The person will also participate in projects when required, for example the implementation of new accounting standards. This person will follow new deals, new standards, etc. to the system postings in SAP ensure that expectations are met with correct results. As stated, he or she will work very closely with the Derivative Accountant to ensure correct understanding and booking of special situations, especially when manual SAP adjustments are required. He or she will communicate needed changes to footnotes for RDS financial statements and U.S. statutory accounts for several Shell Trading & Supply subsidiaries. Other details include but are not limited to the following:
Collaborate with other Technical Accountants to ensure consistency in decisions made not only within Americas/Australia but also with other team members that represent WONA under Trading & Supply
Provide technical accounting advice for and review statutory and RDS 20-F footnotes disclosures.
Awareness and compliance with Dodd-Frank as needed; assist with response to Compliance or other requests for related analytical review
Train and prepare to be a back-up to Derivative Accountant for same regions
Work with Risk to ensure they are aware of and understand changes to accounting rules
Work with Risk to ensure correct entry/valuation of non-standard deals in order to assess the impact to derivative accounting, as they occur, and communicate effectively understanding with Derivative Accountant
Collaboratively work with auditors as needed on quarterly basis for the RDS and statutory accounts
Provide trainings to others across the company on accounting standards, updated regularly
Actively assist with other departmental and Group initiatives as needed
This is an individual contributor role that is key to ensuring that correct decisions are made in regard to accounting for new complex or non-standard deals and resulting financial positions are correctly stated. This is key to our license to operate. This person can make changes to desk procedures as needed, request changes from others as needed and agreed for efficiencies or corrections. Updates to procedures are required to be documented. Changes to SoX controls require line manager approval.
Qualified accountant with substantial post qualification experience gained within or outside Shell
Previous roles in Trading finance or technical accounting advisory - controller roles will be a strong plus
Experience in technical accounting issues, particularly financial instruments, IAS 39 and application of such accounting rules.
Able to relate theoretical accounting literature to commercial trading activities and communicate the impact to the trading business and senior management where required.
No. of Positions 1
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Removal Date 11-Nov-2017