Bank Reconciliation and Unclaimed Property

Total Number of Openings

1

Manages the company's accounting services and processes. This Job Category includes accounting positions embedded in BUs, in Corporate Departments, and Financial Shared Services (FSS). (Note: FSS accounting leadership/managerial positions should not be mapped to this Job Category.)

Supports clients/customers and assists with functional projects under regular supervision. Has a general knowledge of the work group.

The Company

Chevron Holdings Inc. (CHI) is a subsidiary and is a pioneer multi-function Shared Services Center in the Philippines located in Makati City. With a workforce of more than 1,000 employees, CHI delivers business services and solutions in areas such as finance, human resources, procurement, sales and marketing support and information technology.

Join Our Finance Team

Our Finance group delivers finance and accounting services to Chevron across the globe including Upstream, Downstream, Midstream and Corporate. We are innovative leaders sought out for our insights and commitment to protect and grow value. We are one team, bringing diversity to pursue common goal. We find better ways to do business and faster ways to make decisions. We inspire though our action. These are the qualities of Chevron Finance employees, and it is who we aspire to be.

In Finance, you will have the opportunity to grow your career in different functional groups such as Accounts Payable, Midstream Accounting, Bank, Revenue and Retail, Credits and Receivables, Intercompany, Financial Accounting and Reporting, Upstream Accounting and Business Analysis and Support.

Chevron is accepting online applications for the Bank Reconciliation and Unclaimed Property Analyst position through Nov 1 at 11:59 p.m. PH Time.

• Prepare Account Reconciliation of cash andcash equivalent accounts in full compliance with Chevron’s Account Reconciliation Standards
• Utilize FSS account reconciliation process to drive enhanced process quality, consistency and address weaknesses in internal control that can lead to financial incident.
• Performs monthly cash analysis to identify critical items that need to be adjusted before the books close
• Collaborate with key business partners (e.g. bank, treasury groups, other MSSC teams and Business Units) to identify, analyze and resolve reconciling items.
• Initiate discussions with key business partners to ensure front-end controls are in place that will prevent recurrence of issues and/or to address process inefficiencies.
• Propose miscellaneous journal entries for posting which include payment returns, bank service fees, interest, withholding taxes, and bank and book errors based on analysis of bank reconciliation statements
• Monitors and endorses long-outstanding checks for Unclaimed Property reporting
• Analyzes miscellaneous balance sheet accounts and clearance/transfer of balances to appropriate accounts as necessary.
• Timely, completely, and accurately submits Unclaimed Property Reports to various State Governments in the US
• Complies with State requirements on Due Diligence (sending of Search Letters)
• Liaises with source departments (FSS Cash and Bank, Payroll, Accounts Payable, Intercompany) for reissuance of payments to located payees or cancellations
• Coordinates with the Royalty Group in Houston for Royalty reissuances
• Reconciles the Unclaimed Property GL Account against Unclaimed Property system (TRACKER) balance
• Performs clean-up of vendor details data (name, address) in TRACKER system by comparing data in SAP master data and internet web search.
• Liaises with Excise Tax/UP Oversight Analyst (Pete Conrad) for state audit requirements and inquiries
  
  

Required Qualifications

• Bachelor's degree in accounting, and other Accounting related courses
• 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

• Experience in S4 Hana is an advantage, but not required.
• Strong Accounts Payable background is preferred.
  
  

Working With Us

There are two Chevron companies operating in the Philippines: Chevron Holdings Incorporated (CHI) and Chevron Philippines Incorporated (CPI).

CHI is a shared services center providing transactional, processing, and consulting services in the areas of finance and accounting, information technology, supply chain management, human resources, downstream customer service and marketing. Established in 1998, CHI serves Chevron affiliates in six continents around the world. Over the years, it has grown to be one of the leading members of the shared services industry in the Philippines.

CHI has received various recognitions as a top employer: the 2022 Diversity Company of the Year, 2021 Asia’s Best Employer Brand Award; 2021 Global Best Employer Brand Award; 2020 HR Asia Best Companies to Work for in Asia; 2019 Circle of Excellence, Top Employer Category at Asia CEO Awards and the 2018 Wellness Company of the Year at the same Asia CEO Awards.

CPI markets the Caltex brand of top-quality fuels, lubricants and petroleum products through a network of service stations, terminals and sales offices.

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 lesbian, gay, bisexual and transgender equality in the workplace.

Benefits

• Competitive salary
• Allowances, medical and optical reimbursements
• Health care coverage for you and your eligible dependents
• Robust employee centred 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
  
  

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Recruitment Process And Onboarding During COVID 19 Pandemic

HR initial phone screening, virtual processing for panel interview, job offer, medical assessment, onboarding and orientation.

Relocation option:

Relocation will not be considered within Chevron parameters.

International Considerations

Expatriate assignments will not be considered.

Chevron participates in E-Verify in certain locations as required by law.