ABOUT HESS CORPORATION

Hess is a leading international independent energy company engaged in the exploration and production of crude oil and natural gas.

We have an industry leading position in the Bakken in North Dakota – a key U.S. shale play. Hess is also one of the largest producers in the deepwater Gulf of Mexico and a key natural gas producer and supplier to Peninsular Malaysia and Thailand. The company is engaged in exploration and appraisal activities offshore Guyana, participating in one of the industry’s largest oil discoveries in the past decade, as well as the Gulf of Mexico, Suriname and Nova Scotia.

Hess aims to attract, retain and energize the best people by investing in their professional development and providing them with challenging and rewarding opportunities for personal growth. We are always looking for talented professionals who share our values and are passionate about making a difference in the world and in their careers. We strive to meet the highest standards of corporate citizenship by protecting the health and safety of our employees, safeguarding the environment and creating a long-lasting, positive impact on the communities where we do business.

For more information about Hess Corporation, please visit our website at Hess.com.

POSITION SUMMARY

This position will provide finance support & oversight for Baldpate Hub assets (Hess Operated) and Enchilada/Salsa OBO (Operated by other) in the Gulf of Mexico Production Business Unit, the position will also support GOM director admin cost centers for GOM operation team.

The primary responsibilities of this position will be to work with Operation team and various other cross-functional teams to support the asset manager as the primary point of contact for finance support and business analysis. Duties will include coordination of the monthly Forecast and Closing processes, the annual Budget and Plan processes, cost management, and working with the OBO Operators to understand, process, and if necessary, challenge Operator AFEs, billings and forecast.

ROLES & RESPONSIBILITIES

Forecast and Close processes:

• Work with the Asset Manager/Team to deliver month close and forecast submissions, ensuring that information is accurately prepared, reviewed and approved at appropriate times to meet internal Hess reporting deadlines.
• Coordinate monthly review and provide detailed analysis to the Business Unit for Production, Capex, Revenues and First Spend.
• Work with OBO operators and Hess JV Accounting to review and understand the monthly billings, cash calls and forecasts, and ensure that the consequences of operations are appropriately captured in the monthly close and forecast processes.
• Support Cost Center Owners with monthly forecasting and accrual activities and reviews financials for accuracy and report out.

Budget & Plan processes:

• Coordinate with the Asset Manager the preparation of internal Budget and Plan for both operated and OBO assets to meet internal submission deadlines and standards.
• Support offshore team for the various budget planning and preparation activities including but not limited to weekly cost management facilitation, annual cost deep dives, and occasional offshore travel as needed.
• Participate and provide support to Operational Committee Meetings (OCM) and Annual Operating Plan (AOP) in conjunction with Asset Manager and Commercial guidance, to help maintain partner’s relationship while complying with all required contractual terms.

Control:

• Facilitate the AFE management process from end to end (preparation, analysis, tracking and close-out), ensuring compliance with partner, Hess process and GOM guidelines.
• Ensure that there is an appropriate control environment over the disbursement, recording and collection of Hess resources.

Reporting:

• Provide input into the Monthly Business Review (MBR) document and meeting.
• Prepare variance commentaries and reporting for Production, Capex, Revenues and First Spend for Actuals-to-Forecast and Actuals-to-Budget comparison periods.
• Provide supplementary data to Financial Consolidation & Reporting (FC&R) team for use in quarterly investor conference calls.
• Assist with completion of 10-K statutory reporting & FAS69 submissions to FC&R.
• Work with internal audit to ensure that all audit queries and findings are addressed and implemented as necessary.

QUALIFICATIONS

Education, Training & Certifications

• Bachelor's degree in Accounting, Finance, or related Business Administration preferred.

Experience

• 5 years+ of oil and gas accounting experience.
• Minimum 3 years of forecasting and reporting experience.
• Good understanding of Commercial process, JV Partner Agreements and COPAS.
• Practical LEAN experience to drive process transparency and improvements.

Other Skills

• Focused attention to detail and high standards for quality and accuracy in work products
• Exceptional PowerPoint and Excel skills required; Experience with SpotFire a plus
• Ability to work in a fast-paced environment while maintaining accuracy
• Proven team player with excellent interpersonal skills, the ability to communicate with a diverse team and willing to consider and accept other views and concepts in reaching critical decisions.

Competencies

The Hess Way of Working refers to competencies considered absolute pre-requisites for success. How you deliver results is as important as what you achieve. Every employee is expected to demonstrate the behaviors within these competencies to be considered an effective performer and, ultimately, earn career growth opportunities.

• Builds Trusted Relationships
• Develops Talent
• Creates Effective Teams
• Thinks Strategically
• Inspires Innovation
• Demonstrates Courage
• Drives Continuous Improvement
• Makes Quality Decisions
• Delivers High Performance

Hess is an affirmative action and equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information. Hess is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. To request reasonable accommodation, click here or send an email to MyHR@Hess.com.

Posting Notes: Lisa B Willet | Employee | Finance | United States| Texas | Houston | | | | | No | 26667