North Sea Commercial HVR Accountant in Not Specified

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Job profile summary:

Grade IResponsible for providing HVR Accountant support on a range of asset operations and projects, As part of Planning and Commercial Operations, HVR (Hydrocarbon Value Realization) is accountable for the determination and reporting of hydrocarbon entitlements from point of production to final point of sales in accordance with joint venture and shipper agreements, laws and regulatory obligations. The delivery of HVR is a critical component of generating and protecting value for BP. The North Sea HVR Accountant role will support a number of assets (as designated) on a day to day basis with the execution of commercial hydrocarbon reporting and entitlements processes. The role will report to the Finance HVR Manager working with other Hydrocarbon Accountants. The role will liaise directly with multiple parties, external and internal including cross function (tax, reservoir management, operations and IST). The role will also support commercial managers with external joint venture meetings / reporting and data or analysis as required for negotiations.



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Role Synopsis:

As part of Planning and Commercial Operations, HVR (Hydrocarbon Value Realization) is accountable for the determination and reporting of hydrocarbon entitlements from point of production to final point of sales in accordance with joint venture and shipper agreements, laws and regulatory obligations. The delivery of HVR is a critical component of generating and protecting value for BP.

The North Sea HVR Accountant role will support a number of assets (as designated) on a day to day basis with the execution of commercial hydrocarbon reporting and entitlements processes. The role will report to the Finance HVR Manager working with other Hydrocarbon Accountants.

The role will liaise directly with multiple parties, external and internal including cross function (tax, reservoir management, operations and IST). The role will also support commercial managers with external joint venture meetings / reporting and data or analysis as required for negotiations.

The role offers a challenging position for a candidate who is seeking to expand his / her skills with the future potential for a wider commercial role including understanding the full value chain from production to final sales point.

Key Accountabilities:

  • Develop expertise on commercial agreements (hydrocarbon entitlements) for designated assets.
  • Manage day to day entitlement calculations in accordance with commercial agreements and compliance processes.
  • Liaise and build relationships with operations / reservoir management / accounting / tax and trading to ensure robust execution of procedures.
  • Support asset designated hydrocarbon accountants with overall execution of commercial / HVR obligations.
  • Ensure accurate and time compliance with group, regulatory and commercial obligations.
  • Resolve hydrocarbon accounting issues, support commercial optimisation of base and business development activities.
  • Provide entitlement data and rules for cross Function business decisions
Essential Experience:
  • Commercial and operational awareness of offshore / onshore assets.
  • Good planning and organisational skills with the ability to handle multiple tasks and responsibilities simultaneously within short time frames.
  • Strong inter-personal communication and team workings skills
  • High level of numeracy and computer literacy
Essential Education:
  • Degree level education in a science, engineering or commercial subject or equivalent industry commercial/operations experience.
Desirable Criteria:
  • Experience in financial accounting, commercial / HVR or a related reservoir development / operations disciplines



About BP:

At BP, were involved in every aspect of the energy system. With over 73,000 employees in 78 countries, were constantly working towards delivering light, heat and mobility to millions of people, every day. Here, were equipped to solve some of the biggest, most complex challenges that matter for the future. And we know we have a real contribution to make.

As part of BP, our Upstream business finds, develops and extracts energy across 33 countries and makes sure we can explore 63,000km of new areas and extend the life of existing fields. Here, some of the worlds best talent is working on powering-up the world in a safe and sustainable way. Join us, and youll have your part to play too.

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