Job Description

Selangor, Malaysia

Job Family Group: Finance

Worker Type: Regular

Posting Start Date: August 22, 2023

Business unit: Finance

Experience Level: Early Careers

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Where you fit

FO Energy Risk & Accounting (ERA) consists of three key process areas - Manage Hydrocarbon Inventory (MHI), Trading Settlements, and Market Risk. The MHI process extends across many steps in the lifecycle of hydrocarbon stock in Group from recording contracts for purchases and sales of stock in our systems, recording stock movements, stock reconciliations, invoicing for stock sales and payments for stock purchases, through to stock valuation.

To ensure timely and accurate payment of Hydrocarbon Management\xe2\x80\x99s (HM) payables, and settlement of Hydrocarbon Management\xe2\x80\x99s receivables and to ensure timely and accurate recording and reconciliation of hydrocarbon stocks for relevant plants by validating all incoming and outgoing movements and posting the relevant book to physical loss/gain for month end closure. Provide proactively issue resolution to support E2E process and value chain in Hydrocarbon area. Deliver assigned activities and drive for operational excellence within the team.

What\xe2\x80\x99s the role?

• Making sure payments and receipts follow our contracts.
• Handling and processing Hydrocarbon invoices.
• Solving problems related to Hydrocarbon Management payments and receivables.
• Meeting payment and receipt deadlines without fail.
• Recording manual journal entries according to FCM controls.
• Reconciling relevant accounts using Blackline.
• Following RDS / FCM controls as per control role mapping requirements.
• Checking that all physical stock movements are accurately recorded before reconciliation.
• Investigating and resolving discrepancies promptly.
• Reconciling book vs. physical stocks regularly and on time.
• Fixing discrepancies with figures from third-party depots.
• Posting final stock differences as allowed by the Manual of Authorities (MoA) and GSAP/SOX 404 guidelines.
• Preparing an overview of losses and gains for approval.
• Managing the Stock Valuation & Margin Segmentation Team, including running stock valuation programs at month-end.
• Completing balance sheet reconciliations monthly using the Blackline tool.
• Logging manual journal entries in GSAP R/3.
• Implementing financial controls to reduce financial reporting risks.
• Properly documenting tasks in the Global Records Management System.
• Providing timely, accurate, and professional information to stakeholders.
• Identifying and helping develop solutions for issues affecting our operating units.
• Applying the ESSA (Eliminate, Simplify, Standardize, Automate) mindset to simplify and improve processes.
• Meeting the team\'s KPIs on time and accurately.
• Ensuring compliance with RDS, Key Controls, and Non-Key Controls according to Shell Controls Framework.
• Participating in external and internal projects/assignments, including timely deliverables, issue escalation, and managing expectations.
• Supporting the team on Continuous Improvement projects.
• Understanding how our process impacts the business and its steps.
• Building in-depth knowledge of our business, processes, and market-specific information.
• Meeting multiple deadlines efficiently.
• Strictly following FCM Controls for Group reporting.
• Maintaining positive relationships with stakeholders.

Role requirement

• Degree in Finance/Accounting, preferably with professional certification (i.e. ACCA/CIMA/CPA, etc.)
• Strong financial background and understanding of internal controls
• Minimum 2 years\xe2\x80\x99 experience in any Accounting-related field. (Understanding of SAP is an added advantage)
• Strong adherence to processes, policies, and procedures
• Good problem-solving skills, analytical abilities, and inquisitive mindset
• Excellent communication skills (both written and oral) as well as interpersonal and relationship building skills
• Understanding of product measurement and accounting practices, inventory management, costing and impact on stock valuations is an added advantage
• Capable of working under pressure and highly driven to meet deadlines
• Ability to work independently and as part of a team
• Ability to integrate business and process knowledge
• Ability to gain an in-depth knowledge and understanding of GSAP contracts, pricing and material movements, its relation to settlement process, the source, document flow & associated fields
• Willing to work across time zones as needed
• Ability to speak, read & write in English and Chinese. Proficiency in Cantonese would be an added advantage.

Company Description

Shell Business Operations (SBO) is a chain of operational centers that form an integral part of Royal Dutch Shell. We influence business development for Shell globally, enabling the work of 93,000 employees in over 70 countries across the world.

SBO Kuala Lumpur is home to 11 different functions that support Shell within the Southeast Asia, Oceania, and Middle East region. Housing more than 2000 employees, SBO Kuala Lumpur is focused on driving excellent corporate performance that enable Shell to operate in a global competitive and ever-changing business environment.

Shell Business Operations (SBO) Kuala Lumpur is focused on driving excellent corporate performance in Contracting and Procurement, Creative Solutions, Customer Operations, Finance Operations, Human Resource, Information Technology, Legal Operations, Retail Centre of Excellence, Supply Chain, Technical Asset Operation and Upstream Transformation. We enable Shell to operate in a global-competitive and ever-changing business environment.

An Innovative Place to Work

There\xe2\x80\x99s never been a more exciting time to work at Shell. Everyone here is helping solve one of the biggest challenges facing the world today: bringing the benefits of energy to everyone on the planet, whilst managing the risks of climate change.

Join us and you\xe2\x80\x99ll add your talent and imagination to a business with the power to shape the future \xe2\x80\x93 whether by investing in renewables, exploring new ways to store energy or developing technology that helps the world to use energy more efficiently.

An Inclusive & Progressive Place to Work

To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we\xe2\x80\x99re nurturing an inclusive environment \xe2\x80\x93 one where you can express your ideas, extend your skills and reach your potential.

• We\xe2\x80\x99re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply and we\xe2\x80\x99ll take it from there.
• We\xe2\x80\x99re closing the gender gap \xe2\x80\x93 whether that\xe2\x80\x99s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
• We\xe2\x80\x99re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.

A Rewarding Place to Work

Combine our creative, collaborative environment and global operations with an impressive range of benefits and joining Shell becomes an inspired career choice. Our CARE benefits are mindfully curated to promote Eco Living, overall Wellbeing, Personal Growth and Caring for our loved ones.

We\xe2\x80\x99re huge advocates for career development. We\xe2\x80\x99ll encourage you to try new roles and experience new settings. By pushing people to reach their potential, we frequently help them find skills they never knew they had, or make career moves they never thought possible.

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