Asset Accounting Analyst

About Us

Chevron is a leading multinational energy company with operations in over 180 countries. Founded in 1879, Chevron has a rich history of innovation and growth, making significant contributions to the global energy landscape.

Chevron markets Caltex® fuels, lubricants and other petroleum products in the Philippines. Our network of service stations, terminals and sales offices forms the backbone of our presence in the Philippines.

Chevron supports its operations in the Philippines and worldwide through two subsidiaries: Chevron Philippines Incorporated (CPI), which manages downstream operations and markets Caltex brand fuels, lubricants and petroleum products, and Chevron Holdings Incorporated (CHI), a global business services organization. Established in 1998, CHI provides business support services in finance and accounting, information technology, supply chain management, human resources, customer service and marketing. It serves Chevron affiliates around the world and has grown to be one of the leading global business services organizations in the Philippines. The company has received various recognition as one of the country’s top employers and as a champion of diversity and inclusion in the workplace.

At Chevron, we believe humanity can solve any challenge – including meeting the world’s energy needs of today, while advancing a cleaner energy tomorrow.

About The Role

We have an exciting opportunity for an Asset Accounting Analyst. This role will be based in 6750 Building, Makati City, Philippines.

Responsibilities Include, But Are Not Limited To, The Following

WIP Accounting

• Create and maintain AFEs, including budget monitoring, charge tracking, inactivity management, and completion
• Accrue Value of Work Done
• Close out AFE balances to expense
• Capitalize AFEs

Fixed Assets

• Manage asset creation and related maintenance processes
• Analyze and calculate DD&A Panel Unit of Production rates and perform monthly depreciation runs
• Conduct asset verification exercises
• Review Asset Retirement Obligations
• Execute Fixed Assets SOX Controls

Accounts Reconciliation

• Reconcile asset-related accounts.
• Perform Trace & Escalation procedures for reconciling items.

General Administrative Tasks

• Maintain updated process documentation.
• Fulfill roles and responsibilities for assigned coordination roles.
• Attend and actively participate in meetings.
• Engage in professional development activities (e.g., training, reading professional materials, attending seminars, self-study courses, interacting with industry counterparts).
• Participate in special projects.
• Provide assistance and engage in discussions with colleagues or direct reports.

About You

We know our greatest resource is the ingenuity, creativity and innovation of our people. Applications from motivated and talented individuals with a keen interest in the energy industry are encouraged.

Required Qualifications

Knowledge, Skills, and Experience:

• Bachelor’s degree in Accountancy
• Effective oral and written communication skills
• Strong analytical, critical thinking, and teamwork abilities
• Skilled in customer engagement
• Proactive, results-oriented, and customer-focused mindset.
• Proven ability to work effectively with individuals from diverse cultural backgrounds
• Adaptability to changing priorities and ability to work under pressure

Preferred Qualifications

• Experience with SAP and/ or JDE
• Exposure to Project Accounting, General Accounting, and Accrual Accounting (Accounts Payable and Accounts Receivable) processes
• Flexibility to work non-traditional work schedules, including weekends and holidays

Everything we do at Chevron is guided by our values and our commitment to The Chevron Way (https://www.chevron.com/about/the-chevron-way). At the heart of The Chevron Way is our vision to be the global energy company most admired for its people, partnership, and performance.

Participate in world-leading energy projects, advance your professional development and expand your career within an inclusive, collaborative and high-performing workplace.

Benefits

• Competitive salary
• Allowances, medical and optical reimbursements
• Health care coverage for you and your eligible dependents
• Robust employee centered programs for health and wellness
• Time-off to promote healthy work-life balance or to care for your family
• Annual corporate incentive bonus when the company meets established goals
• Recognition & awards program
• Long-term savings plan
• Life insurance
• Career development opportunities to all employees through onboarding, training and development, mentoring, volunteering opportunities and employee networking groups
• Hybrid work model - work remotely from home several days a week

At Chevron, we are committed to fostering diversity and inclusion at all levels of our company and at all stages of the employee experience. We constantly strive to attract, develop and retain diverse Filipino talent. Globally, Chevron Corporation has achieved a rating of 100 percent in the Human Rights Campaign Equality Index for the past 17 years. The Index ranks American companies based on their commitment to equality in the workplace.

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