Job Description

Entity:

Gas & Low Carbon Energy

Job Family Group:

Finance Group

About Archaea

bp 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 counterparties 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 education

• B.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@bp Bp 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 benefits@bp

Join our industry-leading team and you’ll receive a reward and wellbeing package to enable your work to fit with your life. These include, but are not limited to:

• Discretionary Annual Bonus Program
• Quarterly Momentum Bonus
• 401K Program
• Health, Vision, And Dental Insurance
• Life Insurance
• Short-Term Disability
• Long-Term Disability

But above all? You’ll play a key part in helping bp deliver our ambition – to be a net zero company by 2050 or sooner and help the world get to net zero. Apply today!

Travel Requirement

No travel is expected with this role

Relocation Assistance:

This role is not eligible for relocation

Remote Type:

This position is a hybrid of office/remote working

Skills:

Accounting policy, Accounting policy, Accounting Processes and Financial Systems, Agility core practices, Agility tools, Analytical Thinking, Business Acumen, Business process control, Business process improvement, Collaboration, Commercial Acumen, Communication, Creativity and Innovation, Credit Management, Customer centric thinking, Data Analysis, Data visualization and interpretation, Decision Making, Digital Fluency, Financial Reporting, Influencing, Internal control and compliance, Management Reporting, Managing change, Presenting {+ 4 more}

Legal Disclaimer:

We are an equal opportunity employer. We do not discriminate on the basis of protected characteristics like race, religion, color, sex, national origin, sexual orientation, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us

If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.