Tax & Royalties Analyst

Total Number of Openings 1 Production, Revenue & Royalty Accounting Tax & Royalties Analyst General description of the department: Production, Revenue & Royalty Accounting (PR&RA) department provides support to Upstream North America operations by overseeing the accounting behind production, revenue, royalty and tax of Oil and Gas products from origination sources (offshore / onshore leases).

###responsibilities### that include assisting in the integration of new technologies (such as data analytics, robotics/automation, and digitalization), ensuring compliance with governmental regulations, analyzing industry agreements to ensure proper accounting and compliance, and seeking opportunities to enhance existing processes. PR&RA tasks are distributed in teams of an average of 10 analysts by process/areas and in alignment with Operations desks.

This distribution allows fluent interaction between members. Tax & Royalties Analyst is responsible of: Apply accounting principles and policies to properly record U. S.

State/Federal royalties and/or State tax payments, expense accruals and receivables; Prepare U. S. State/Federal royalty and/or State tax reports and payments in accordance with lease agreements and applicable regulations; Process private royalty owner payments as well as calculate, remit and report tax withholdings on behalf of private royalty owners; Participate in month/quarter/year end processes (e.

g. variance and reject analysis of results, account reconciliation, metrics, etc.) ; Determine actions to resolve balances and develop tactics for issues relating to sold properties, sensitive owners and potential litigation; Work collaboratively in a multi-discipline environment across teams and geographies; Upstream SOX & Internal Controls compliance and reporting.

###the opportunity### to: Be a part of a growing department that offers numerous chances to streamline/ enhance processes and implement innovative technologies (i. e. , data analytics, robotics / automation, and digitalization).

Chevron uses industry leading applications, including SAP, PowerApps/Microsoft Flows, SharePoint, OneDrive, Microsoft Teams, Workplace by Facebook, etc. Show adaptability to achieve superior results in a highly dynamic environment. Support S4Hana implementation as main ERP to deliver on business processes.

Get a deep understanding of Upstream end-to-end processes: from drilling to the impact on revenue accounting and related taxes & royalties. Get fluent in asset operations. This includes, but it is not limited to monitoring business shifts and communicating with BUs to facilitate their decision-making process.

Regularly engage with Business Unit (BU) personnel, including Supply and Trading Front Office, Finance, Operations, Law, Land Ownership and Commercial teams to deliver on common goals. Collaborate within a diverse, multi-disciplinary environment across teams and locations.

###responsibilities### for this position may include but not limited to: Deliver on accounting processes with timeliness and accuracy. This implies documenting, maintaining, and reporting financial data linked to Upstream operational activities. Deliver effectively on month/quarter/year end closing processes (e.

g. , variance analysis of results, account reconciliation, etc.) Produce accurate variance analysis within a short time frame, and in a dynamic business environment.

Analyze and reconcile accounts. Be active at identifying and executing process optimization & reengineering initiatives to enhance work procedures and/or reconciliations. Support and develop strategies to enhance the collective knowledge of the work group.

Chevron participates in E-Verify in certain locations as required by law. Chevron Corporation is one of the world's leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry.

Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company's operations. Chevron is based in Houston, Texas. More information about Chevron is available at www.

chevron. com.