Manager of Revenue Accounting

Entity:
Gas & Low Carbon Energy Job Family Group:
Finance Group

Job Description:

About Archaeabp is committed to investing in lower carbon energy so we can meet our ambition to reach net zero by 2050. And while we're still mostly in oil and gas today, bioenergy is one of our five transition growth engines and a key focus to help us support the global energy transition.

Archaea Energy, a bp company, is a leader in landfill gas to energy and the largest renewable natural gas (RNG) producer in the US. With big ambitions, we specialize in the development, construction and operation of RNG, landfill-gas-to-electric and dairy digester facilities. The team operates around 50 sites in 32 states with a robust development pipeline.

About the role Responsible for providing accounting services for the corporation and maintaining its financial records in compliance with all federal, state, local, and professional requirements by performing the following duties. The Principal Revenue Accountant reports to the Accounting Manager along with supporting the entire accounting team.

Key accountabilities

Develops a detailed knowledge of offtake contracts and revenue generated by RNG production

Create and maintain revenue workflow based on gas movement between both affiliate and joint venture (JV) entities.

Validate and record all Archaea margin uplift from T&S activity

Prepares, performs or reviews various journal entries to maintain the corporation's books specifically for revenue and marketing activities.

Collaborate closely with BP's Trading and Shipping (T&S) team to properly allocate revenue back to the production facilities

Manages the invoicing process of all RNG offtake to 3rd party counter parties that is completed by the Settlements Analyst Currency conversion of 3rd party invoice settlements from CAD to USD and proper recording in the accounting system

Prepares and records monthly amortization related to above and below market revenue agreements

Review and record intercompany margin pass back Review and assist with the calculation of royalty due to landfill gas right owners

Reviews and/or enters appropriate data into accounting system on a daily/weekly/monthly/quarterly basis including accounts receivable and provides additional coding for accounts payable.

Prepares and analyzes all financial reports as required to comply with internal and external reporting requirements.

Reviews and reconciles general ledger accounts assigned on a monthly basis.

Assists in compiling year-end reports in a timely manner.

Applies knowledge of accounting principles on a regular basis.

Review monthly intercompany elimination entries, as applicable.

Researches and responds to accounting issues on a timely basis.

Mentors and develops other company wide colleagues' revenue recognition and accounting treatment of 3rd party arrangements.

Manage accounting for landfill sites, including tracking from acquisition, construction, capitalization, revenue/expense/royalty recognition, depreciation, and eventual retirement.

Additional duties as assigned.

Essential educationB.S. in Accounting Essential experience
10-15 years of prior accounting experience in the energy industry required, preferably in revenue accounting or marketing accounting with a focus in renewable energy

Ability to administer Intercompany and 3 Party sales contracts

Advanced knowledge of financial, accounting and business practices

Advanced computer skills:
Excel, PowerPoint, Word and various accounting systems

Must be effective in working both independently and in a team setting

Strong written and oral communication skills

Strong organizational skills and time management skills

Drug test and background check required.

Why join us?

Delivering a better and more balanced energy system requires many different approaches and solutions. All of us have a part to play. We aim to support our people to learn and grow in an inclusive environment in which everyone is respected and treated fairly. So, if you have the right skills, commitment and courage to help us invest in today's energy system and build out tomorrow's, apply today!

How much do we pay? $110,000 - $157,000.
* Note that the pay range listed for this position is a genuinely expected and reasonable estimate of the range of possible base compensation at the time of posting.

This position offers paid vacation depending on your years of relevant industry experience and will range from 120 - 240 hours of vacation per year for full times employees (60 - 240 hours of vacation per year for part time employees). You will also be eligible for 9 paid holidays per year and 2 personal choice holidays. You may learn more about how we calculate paid vacation and view our generous vacation and holiday schedules at benefits has a parental leave policy as well, which offers up to 8 weeks' paid leave for the birth or adoption of a child.

Learn more at benefitsn our industry-leading team and you'll receive a reward and wellbeing package to enable your work to fit with your life.…