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  • Posted: Jul 18, 2024
    Deadline: Not specified
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    WTS Energy is the leading Consultant/Manpower Supply company to the international Oil, Gas and Energy industry. We supply Consultants to the Projects and Operations of our Clients. We also perform Outsourcing Services like Project Recruitment Campaigns and Workforce Management in Oil and Gas regions around the world. We operate globally with offices in 16 c...
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    Hydrocarbon Accountant

    Job Summary

    Regularly visit sites for both new proposals and existing projects to monitor progress and ensure alignment with project goals.  You will be responsible for the management and analysis of oil production information for the asset, to ensure allocation methodologies are representative and meet the minimum requirements of Asset Management, contract, and regulatory requirements.  The role is a critical business function to drive value protection and enhancement for areas related to measurement, hydrocarbon allocation, gas invoicing, and liquid sales.

    Main Responsibilities

    • Responsible for carrying out the hydrocarbon accounting of the assets’ product in compliance with global Hydrocarbon Information production Management best practices.
    • Help ensure that all new power generation facilities are equipped to transfer electricity to the grid and direct customers.
    • Complete allocation for the asset with high accuracy and transmit/publish to Finance, partners, and internal clients within established due dates.
    • Monitor the progress of projects, identify any discrepancies from the set milestones, and assist in implementing corrective measures in coordination with the Managing Director.
    • Responsible for End Month Reconciliation/Allocation; and timely publishing of reports.
    • Review Monthly Oil & Gas Allocation Figures: investigating anomalies and raising metering failures when applicable. 
    • Regularly visit sites for both new proposals and existing projects to monitor progress and ensure alignment with project goals.
    • Manage the hydrocarbon accounting procedures and ensure its operationalization across the asset teams.
    • Communicate with contractors to investigate any delays or issues with the quality of work or materials, ensuring all aspects meet the project’s specifications and standards.
    • Provide support to the Project team, reviewing the Hydrocarbon Allocation philosophy proposal to ensure its compliance with legislation and functionality. 
    • Provide support to interface between the project and regulators for metering and allocation proposals/approvals.
    • Assist in providing technical support during the initial concept and planning stages of projects.
    • Interface with internal clients seeking process standardization and simplifications.
    • Maintain an understanding of what is occurring on the Asset that may have an impact on surveillance or allocation activities.
    • Help develop risk management plans by identifying potential risks associated with projects and recommending strategies to minimize or mitigate these risks.
    • Perform daily surveillance on allocation and measurement data by monitoring Terminal Factors and measurement trends.
    • Follow up on all anomalies to ensure data errors are identified and corrected. Document key anomalies to ascertain if an error was determined, and how that error was corrected.
    • Have a strong working knowledge of Allocation theory and principles by applicable production handling and allocation agreements as well as regulatory requirements. 
    • Deep knowledge of how the Hydrocarbon Accounting System (Axis) works and a deep understanding of all aspects of the allocation structure.
    • Have a good working knowledge of the basic product flow through all facilities, including how measurement is accomplished on the asset.
    • Strong IT skills since it demands full knowledge of HCA systems and other reporting tools. 
    • Insight on a wide range of issues related to Production Operations to assess issues with production allocation, while being responsible for reporting volumes and production overview.
    • Pragmatic and analytical capabilities while dealing with vast amounts of data.
    • Ability to perform in a multidisciplinary team and attention to detail is required.
    • Knowledge of regulatory requirements, industry standards, and best practices about upstream oil & gas operations.
    • Strong stakeholder management and communication skills to maximize value from operator-supplied production information from the asset and 3rd parties.

    Educational Qualifications

    • Bachelor’s degree in Engineering Discipline or any related field. Master’s degree preferred.
    • Minimum of 5 years of experience in the upstream oil & gas industry.

    Method of Application

    Interested and qualified? Go to WTS Energy on www.wtsenergy.com to apply

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