Team Lead – JV Accounting & Reporting

Job title: Team Lead – JV Accounting & Reporting

Company: CNOOC

Job description: Company OverviewWelcome to CNOOC International. We are a global energy company and subsidiary of CNOOC Limited with a vision of delivering safe, sustainable energy for all.CNOOC International, the international division of CNOOC Limited, is a global energy company with operations in Asia, Africa, the Americas, the Middle East and Europe. Our successful growth as an upstream oil and gas producer has been achieved by consistently finding and developing world-class assets.Our business is focused on safely exploring and producing from conventional offshore, unconventional and oil sands assets. As part of the CNOOC Group of companies, which span the entire energy supply chain, our size and capability create a competitive advantage that ensures we deliver long-term value.In Canada, CNOOC International has oil sands assets in Long Lake, located in northern Alberta just south of Fort McMurray, which is a SAGD and partial Upgrader operation with production capacity of 85,000 barrels of bitumen a day. We also have interest in several other oil sands projects, including Hangingstone, operated by Greenfire Resources Operating Corporation and Syncrude’s oil sands mining upgrading facility. In addition to our oil sands business, we have shale gas land in Northeast British Columbia, a power station in Balzac, Alberta, and interest in a wind farm in southern Alberta. Calgary is our regional corporate office for all North America.CNOOC and YouYour career at CNOOC is about moving forward – learning new skills, broadening experiences, and making meaningful contributions. From personal career development that enables you to fulfill your potential, to employee programs that help you make the most of work life balance.We encourage and promote work-life balance by allowing you to participate in our Compressed Work Schedule (CWS) that will give you two Fridays off per month and flexible work hours.In exchange for your dedicated work is a total rewards package that not only recognizes your contribution, but also provides for your family. We offer competitive Company-paid benefits that support your mental, physical and financial well-being! Including an annual Wellness Account, a generous paramedical allowance, and access to a team of Virtual Health Care professionals to guide you to the right medical resource. Save for your future by participating in our Pension plan and join our Savings Plan with Company-matching. We encourage you to further step up for your community by giving you two paid volunteer days, volunteer rewards and sports grants to support causes you are passionate about.Bold ideas, diverse perspectives, and the determination to fuel our success are what set us apart. Therefore, we are seeking a Team Lead – Joint Venture (JV) Accounting & Reporting to join our growing team in Calgary, Alberta. This dynamic role will be instrumental in overseeing and managing all JV accounting activities and ensuring accurate, timely financial reporting for bother operated and non-operated joint ventures.Your Background

• Positive, self-motivated, and energetic leader who strives for continued improvements and who enjoys working in a fast paced, team-orientated environment and understands the importance of involving others to achieve success.
• Commerce degree preferably with an Accounting Major.
• Professional accounting designation (CGA, CMA or CPA).
• A minimum of 10 years experience.
• Experience working with joint venture agreements and accounting procedures.
• High level of expertise in accepted accounting practices within the oil & gas sector including IFRS.
• Direct experience with Sarbanes-Oxley policies and procedures and control review.
• The ability to explain financial reporting concepts to technical staff.
• The ability to work effectively with all levels of staff within the corporation, including senior management.
• Strong leadership skills and excellent written/verbal communication skills.
• Working knowledge of SAP and BW an advantage.

Your Role with Our Team

• Manage and mentor JV accountants in both day to day activities and their professional development.
• Represent CNOOC in interactions with external Joint Venture Partners and auditors.
• Coordinate all the operating JV audits for the Canadian division and prepare audit responses.
• Work with numerous groups (Land, Legal, SCM, Tax, Business Proponents) to resolve disputes with the JV partners.
• Review and monitor Canadian Operations Accounts Receivable to ensure we are collecting on time and that the aging receivables is managed.
• Provide leadership and mentorship to the team which is responsible for:
• Providing value added management reporting to the Canadian JV Commercial and corporate departments.
• Reviewing all schedules and reports provided by the team to the management, corporate reporting to ensure the accuracy of our financial results.
• Effectively communicating result to both JV Commercial and corporate management to ensure feedback is requested and considered.
• Identify high risk vendors and work with various groups like Legal, Risk, Land, Finance and other Business Proponents to deal with the insolvent vendors.
• Provide guidelines and support to other departments in JV related issues, i.e. billable vs. non billable cost etc.
• Monitor and ensure the monthly Joint Interest Billing (JIB) for the Canadian Divisions is processed as per the JV agreement.
• Review new JV agreements; provide input and recommendations from Finance prospective.

Your Career DevelopmentThe opportunities are limitless when you join our team. Our employees are encouraged to drive their development, enhancing their career through experiences, exposure, and education. A mentoring program, on-demand e-Learning courses, and formal training opportunities are all ways in which CNOOC International supports your career growth.Closing StatementAll positions require background checks which could include:

• Criminal police record check
• Education verification
• Credential verification

Expected salary:

Location: Fort McMurray, AB

Job date: Sat, 19 Jul 2025 00:46:01 GMT

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