Commercial HVR Accountant

29 Nov 2016
15 Dec 2016
Oil and Gas
Contract Type
Full Time
Role synopsis
As part of Planning and Commercial Operations, HVR (Hydrocarbon Value Realization) is accountable for the determination and reporting of hydrocarbon entitlements from point of production to final point of sales in accordance with JV (Joint Venture) and Shipper agreements, laws and regulatory obligations. The delivery of HVR is a critical component of generating and protecting value for BP.

The North Sea Commercial HVR Accountant role will support a number of assets (ETAP and Andrew or as designated) on a day to day basis with the execution of commercial hydrocarbon reporting and entitlements processes. The role will report
into the HVR Manager working with the lead specific asset Hydrocarbon Accountants.

The role will liaise directly with multiple parties, external and internal including cross Function (Tax, Reservoir Development, Operations and IST). The role will also support Business Managers with external JV meetings / reporting and data or analysis as required for negotiations.

The role offers a challenging position for a candidate who is seeking to expand his / her skills with the future potential for a wider commercial role including understanding the full value chain from production to final sales point.

Key accountabilities
  • Develop expertise on commercial agreements (HVR entitlements) for designated assets.
  • Manage day to day entitlement calculations in accordance with commercial agreements and compliance processes.
  • Liaise and build relationships with operations / base management / ARC / TAX and IST to ensure robust execution of procedures.
  • Support asset designated Hydrocarbon Accountants with overall execution of HVR obligations.
  • Ensure accurate and timely compliance with group, regulatory and commercial obligations.
  • Resolve hydrocarbon accounting issues, support commercial optimisation of base and commercial operations activities.
  • Provide entitlement data and rules for cross Function business decisions.

Essential Education
Degree level education in a science, engineering or commercial subject or equivalent industry commercial/operations experience.

Essential experience and job requirements
  • Commercial and operational awareness of offshore / onshore assets.
  • Good planning and organisational skills with the ability to handle multiple tasks and responsibilities simultaneously within short time frames.
  • Strong inter-personal communication and team workings skills
  • High level of numeracy and computer literacy.

Other Requirements (e.g. Travel, Location)
There are no additional requirements. Please respond with N/A below.

Desirable criteria & qualifications
Experience of financial accounting, commercial / HVR or a related Res Dev / Operations disciplines.

Relocation available

Travel required

Is this a part time position?

About BP
BP is one of the world's leading international oil and gas companies. Through our work we provide customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving, and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging. Our objective is to create value for shareholders and supplies of energy for the world in a safe and responsible way. We strive to be a safety leader in our industry, a world-class operator, a responsible corporate citizen and a good employer.

Our Upstream segment is responsible for our activities in oil and natural gas exploration, field development and production, and midstream transportation, storage and processing.
At the same time, we're investing in the talents of the 20,000 people who work to make these activities a reality.


Closing Date
[ "13-Dec-2016" ]