Manager, Financial Reporting and Asset Accounting

7 days ago

Calgary, Canada PetroChina Canada Full time

PetroChina Canada (PCC) is a wholly owned subsidiary of PetroChina Company Limited which is partially owned by China National Petroleum Corporation (CNPC), a state-owned enterprise. CNPC is China's largest oil company and the world's third largest oil company, operating 91 energy-related projects in over 35 countries and regions. PCC has invested billions of dollars in an asset-rich portfolio of upstream, midstream and downstream operations. In Alberta, this includes our MacKay River and Dover oilsands projects, Duvernay Shale Gas and a 50% interest in the Grand Rapids Pipeline. In British Columbia, we hold joint venture interests in the Groundbirch tight gas project and LNG Canada.

**Why join our team?**
- Competitive base salary and variable pay that rewards individual, team, and company performance.
- Comprehensive benefits and retirement savings programs that holistically support employee well-being.
- Support and empowerment to promote work/life balance.
- Multicultural workplace which actively supports Diversity, Equity and Inclusion

PetroChina Canada is recruiting for a Manager of Financial Reporting (internal title Lead, Financial Reporting and Asset Accounting) to join the Finance & Accounting Team in Calgary.

**Responsibilities**
- Provide technical guidance to the organization on IFRS, SAP and HQ Reporting issues.
- Lead the development and maintenance of written accounting policy under IFRS.
- Lead the Financial Reporting and Assets Accounting team.
- Co-ordinate the execution and completion of the annual external Financial Statement Audit under IFRS.
- Manage the preparation of the monthly Financial Statement package for locally consolidated entities.
- Lead and co-ordinate the preparation of budget submissions.
- Manage the team to successful fulfilment of information requests received by Finance from Company’s parent company located overseas.
- Manage, plan and organize the team to deliver various projects required by the business units and executive teams on an as needed basis.
- Manage the team to track the compilation of project costs into fixed asset accounts to an appropriate asset structure.
- Lead the team to do the calculation and recording of depreciation, depletion and amortization for all operating and non-operating fixed assets.
- Organize and manage the forecasting and budget preparation for depreciation, depletion and amortization, Leases, Decommissioning Obligation and the related accretion.
- Oversee and review the calculation of Decommissioning Obligation for fixed assets as applicable.
- Manage the company’s assessment of impairment of fixed assets and subsequent potential reversals of impairment.
- Assist in the coordination of periodical and annual fixed assets and inventory physical counts.
- Review and post journal entries parked by team members related to Financial Reporting and Asset Accounting.
- Manage the Account Reconciliation process within Financing and review and approve monthly account reconciliations related to the Financial Reporting and Assets Accounting team.

**Qualifications**
- Undergraduate degree in business, commerce accounting or other relevant discipline from an accredited educational institution
- CPA designation
- 5+ years’ post designation previous audit firm experience
- In-depth experience in upstream and midstream Oil & Gas technical accounting under IFRS is required,
- Experience auditing Oil & Gas clients will be considered an asset
- Prior experience with large financial systems (preferably SAP) will be considered an asset
- Strong technical, analytical and problem-solving skills
- Demonstrated leadership and project management experience
- Ability to work within tight deadlines and prioritization of work to achieve them
- Ability to work collaboratively in a multi-disciplinary team environment with a positive attitude
- Superior written and verbal communication skills
- Adoption and demonstration of PetroChina Canada HUPA Values (Honorable, Unified, Passionate, and Accountable)

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