Accounting Analyst
Total Number of Openings
1Manages the company's accounting services and processes. This Job Category includes accounting positions embedded in BUs, in Corporate Departments, and Financial Shared Services (FSS). (Note: FSS accounting leadership/managerial positions should not be mapped to this Job Category.)
Supports medium sized clients/customers and makes significant contributions to more complex projects under periodic supervision. General knowledge of the work function and Chevron’s practices.
About Us
Chevron is a leading multinational energy company with operations in over 180 countries. Founded in 1879, Chevron has a rich history of innovation and growth, making significant contributions to the global energy landscape.
Chevron markets Caltex® fuels, lubricants and other petroleum products in the Philippines. Our network of service stations, terminals and sales offices forms the backbone of our presence in the Philippines.
In March 2020, Chevron sold its 45% non-operated interest in the Malampaya natural gas field. This was the first natural gas development and largest industrial project in the Philippines.
From the Philippines, we provide operational support for Chevron offices on five continents. The workforce supplies transactional, processing and consulting services in areas ranging from finance to information technology.
Chevron operates through two subsidiaries in the Philippines. Our Downstream company is Chevron Philippines Inc. We also operate a business processes support organization through Chevron Holdings Inc.
There are two Chevron companies operating in the Philippines: Chevron Holdings Incorporated (CHI) and Chevron Philippines Incorporated (CPI).
CHI is a shared services center providing transactional, processing, and consulting services in the areas of finance and accounting, information technology, supply chain management, human resources, downstream customer service and marketing.Established in 1998, CHI serves Chevron affiliates in six continents around the world. Over the years, it has grown to be one of the leading members of the shared services industry in the Philippines.
CHI has received various recognitions as a top employer: the 2024 Circle of Excellence for CSR Company of the Year; 2024 Top 10 Fortune 500 companies; 2023 HR Asia best companies; 2022 Diversity Company of the Year; 2021 Asia’s Best Employer Brand Award; 2021 Global Best Employer Brand Award; 2020 HR Asia Best Companies to Work for in Asia; 2019 Circle of Excellence, Top Employer Category at Asia CEO Awards, and the 2018 Wellness Company of the Year at the same Asia CEO Awards.
At Chevron, we believe humanity can solve any challenge – including meeting the world’s energy needs of today, while advancing a cleaner energy tomorrow.
CPI markets the Caltex brand of top-quality fuels, lubricants, and petroleum products through a network of service stations, terminals and sales offices.
About the Role
We have an exciting opportunity for an Accounting Analyst. This role will be based in 6750 Building, Makati City, Philippines.
Responsibilities include, but are not limited to, the following:
WIP (work in progress) Accounting- Creates and maintains AFEs, including budget monitoring, charge tracking, inactivity management, and completion
- Accrues Value of Work Done
- Closes out AFE (Authorization for Expenditure) balances to expense
- Capitalizes AFEs
- Manages asset creation and related maintenance processes
- Analyzes and calculates DD and A (Depreciation, Depletion, and Amortization) Panel Unit of Production rates and perform monthly depreciation runs
- Conducts asset verification exercises
- Reviews Asset Retirement Obligations
- Executes Fixed Assets SOX Controls
- Reconciles asset-related accounts.
- Performs trace and escalation procedures for reconciling items.
- Maintains updated process documentation.
- Fulfills roles and responsibilities for assigned coordination roles.
- Attends and actively participate in meetings.
- Engages in professional development activities (e.g., training, reading professional materials, attending seminars, self-study courses, interacting with industry counterparts).
- Participates in special projects.
- Provides assistance and engages in discussions with colleagues or direct reports.
About You
We know our greatest resource is the ingenuity, creativity and innovation of our people. Applications from motivated and talented individuals with a keen interest in the energy industry are encouraged.
Knowledge, Skills, and Experience:
Required Qualifications:
- Bachelor’s degree in Accountancy
- Effective oral and written communication skills
- Strong analytical, critical thinking, and teamwork abilities
- Skilled in customer engagement
- Proactive, results-oriented, and customer-focused mindset.
- Proven ability to work effectively with individuals from diverse cultural backgrounds
- Adaptability to changing priorities and ability to work under pressure
Preferred Qualifications:
- Experience with SAP and/ or JDE
- Exposure to Project Accounting, General Accounting, and Accrual Accounting (Accounts Payable and Accounts Receivable) processes
- Flexibility to work non-traditional work schedules, including weekends and holidays.
Everything we do at Chevron is guided by our values and our commitment to The Chevron Way (https://www.chevron.com/about/the-chevron-way). At the heart of The Chevron Way is our vision to be the global energy company most admired for its people, partnership, and performance.
Participate in world-leading energy projects, advance your professional development and expand your career within an inclusive, collaborative and high-performing workplace.
Benefits- Competitive salary
- Allowances, medical and optical reimbursements
- Health care coverage for you and your eligible dependents
- Robust employee centered programs for health and wellness
- Time-off to promote healthy work-life balance or to care for your family
- Annual corporate incentive bonus when the company meets established goals
- Recognition & awards program
- Long-term savings plan
- Life insurance
- Career development opportunities to all employees through onboarding, training and development, mentoring, volunteering opportunities and employee networking groups
- Hybrid work model - work remotely from home several days a week
The Index ranks American companies based on their commitment to equality in the workplace.
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