Hydrocarbon accounting and tariffing analyst
 

Location         Aberdeen

Closing Date  26/10/2023

background

FPS is a 100% INEOS-owned integrated oil and gas liquid transportation and processing system with a nominal capacity in excess of one million barrels per day serving the central area of the North Sea.

Oil and gas liquids from over 50 offshore fields and St Fergus flow through pipelines into FPS. FPS transports crude oil and gas liquids from offshore and onshore entry points, processes the liquids at Kinneil and redelivers to the customer Forties Blend crude oil at Hound Point and either Raw Gas or fractionated Gas Products at Grangemouth

job purpose

An opportunity has arisen to join a small team within  the INEOS FPS Ltd Finance function, interfacing between commercial and technical disciplines.This role is at the very core of the description above and looks at the calculation of Hydrocarbons entering the FPS systems and the resultant allocations and entitlements for each of the FPS Customers. Further it then allows the successful candidate to see how these entitlements are turned into revenue through the Tariffing Analyst element of the role.

principle accountabilities

• Hydrocarbon Accounts - Collate and validate via mass balance, measured quantities and qualities of both inputs and outputs in order to compile and issue a series of internal and external facing daily and monthly product statements in accordance with regulatory and commercial obligations.
• Hydrocarbon Accounts - using the output from the mass balance process, identify and quantify any mismeasurements in a timely manner ensuring the highest level of accuracy is maintained at all times within the hydrocarbon accounting process. 
• Using the output from the mass balance process, identify and quantify any mismeasurements in a timely manner ensuring the highest level of accuracy is maintained at all times within the hydrocarbon accounting process. 
• Tariff Accounting - Ensure all Hydrocarbon volumes (Customers productions) are correctly uploaded into Forties Invoicing System for valuation in accordance with the terms of the TPA/RGSPA.
• Tariff Accounting - Collate monthly price and index information from multiple sources and upload into Forties Invoicing System
• Tariff Accounting - Issue Gas Purchase and Tariff Invoices to customers and ensure all transactions are booked correctly in SAP.
• Carry out a reconciliation of the invoices issued from Forties Invoicing System to the BACS run and carry out appropriate checks to ensure correct bank accounts will receive money.
• Petroleum Revenue Tax  - Bi-annually and to a strict deadline report monthly lifting’s and stock volumes at field level to customers who operate PRT liable fields to allow them to complete their PRT2 returns
• Prepare and issue a high level field overview of stock and liftings for submission to HMRC

special features

• Understanding risks and uncertainties associated with the FPS business.
• High level of commercial and business awareness
• Highly numerate with problem solving and analytical skills

qualifications and technical experience

• Degree qualified preferably in a technical or finance discipline.
• Experience in a similar role within oil and gas industry

how to apply

Interested candidates should submit their CV click apply