GandA Cost Allocation 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 a G&A Cost Allocation Analyst. This role will be based in 6750 Building, Makati City, Philippines.

Responsibilities Include, But Are Not Limited To, The Following

• Analyze and allocate general and administrative costs across different departments or projects to ensure accurate financial reporting and allocation is equitable.
• Collaborate with various departments to gather necessary data for cost allocations, such as employee time writing profile, cost center movements, and FTE movements.
• Assist in the development and implementation of allocation methodologies to improve the accuracy and efficiency of the cost allocation process.
• Monitor time writing compliance of the ABU workforce to ensure the reasonableness of time writing-based cost allocation.
• Prepare and record month-end close entries (accruals and amortization) to capture all G&A costs incurred for the month prior to final allocation activities.
• Handle month-end cost allocation entries, including residual cost clearing, operating reserves, and other related manual journal entries.
• Computes the Contractor accrual for the month.
• Perform analysis of cost movements, coordinate for commentaries from various Finance teams, and report findings with ABU Finance WP&B team.
• Provide support during internal and external audits by supplying required documentation and explanations for allocated costs.
• Perform monthly and quarterly reconciliation of related accounts.
• Maintain and updating allocation profile ensuring the integrity of the data
• Participate in continuous improvement initiatives to streamline and enhance the cost allocation processes.
  
  

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.

Knowledge, Skills, And Experience

• Bachelors degree in Accountancy
• Good oral and written communication skills
• Strong analytical, teamwork and customer engagement skills
• Must have the propensity to work in a proactive, results-oriented, and customer-focused environment.
• Enjoys working with people of diverse cultural backgrounds
  
  

Preferred Qualifications

• Familiar with JDE
• Familiar with productivity tools (Power pivot, Power query, Power BI, etc.)
  
  

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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