Full-Time

Joint Venture Accountant

Finance Group

Posted on 8/10/2025

BP

BP

10,001+ employees

Oil, gas, and renewable energy provider

Compensation Overview

$87k - $110k/yr

+ Discretionary Annual Bonus Program

Houston, TX, USA

Hybrid

40% remote work and 60% in-office work.

Category
Accounting (3)
, ,
Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor’s Degree in Accounting
  • 5-10 years related experience in industry or public accounting
  • Renewable, power or utility industry experience
  • Financial acumen and analytical skills
  • Advanced knowledge of Excel and other Microsoft products
  • Excellent verbal and written communication skills
  • Must have excellent time management skills, initiative, self-direction, and ability to work in a fast-paced environment (such as a start-up)
  • Must be able to manage multiple priorities while maintaining attention to detail
Responsibilities
  • Work with and review Operational purchases for proper general ledger coding
  • Manage the capitalization process for assigned companies/assets and assess cost controls
  • Manage monthly financial activity and close process for renewable natural gas (RNG) sites
  • Assist with monthly internal and external financial reporting preparation
  • Prepare and process monthly royalty payments
  • Interface and coordinate with the Operations team
  • Manage the creation and tracking of monthly manual journal entry approval reports
  • Execute accounting and closing tasks as assigned, including preparing and recording journal entries
  • Analyze financial statements and provide variance explanations for assigned areas of responsibility
  • Prepare and review account reconciliations in accordance with company policy
  • Generate ad hoc reports for the financial reporting team to help analyze business trends and financial results
  • Research/investigate accounting variances and issues as needed. Proactively collaborate with other departments to resolve issues efficiently
  • Complete tasks in accordance with company policy and internal controls
  • Participate in SOX compliance activities
  • Be a key contributor to monthly analysis and automation of Financial Reporting processes
  • Aid with external audits and internal control compliance activities
  • Support various process improvement projects
  • Other duties and special projects as required
Desired Qualifications
  • CPA preferred, but not required

BP operates as a global energy company that manages the exploration, production, and distribution of oil and gas while investing in renewable energy projects like solar and offshore wind. Its products include energy for governments, businesses, and consumers, along with energy-related services aimed at reducing carbon emissions and improving efficiency. BP differentiates itself by leveraging its large multinational scale and a broad portfolio that spans fossil fuels and renewables, backed by investments, partnerships, and efficiency programs to support the energy transition. Its goal is to be a trusted energy provider and help customers move toward a lower-carbon energy mix while contributing to global climate goals.

Company Size

10,001+

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1909

Simplify Jobs

Simplify's Take

What believers are saying

  • Clean-energy startup investments position BP as forward-looking energy transition leader.
  • Diversified energy portfolio across oil, gas, renewables reduces single-sector revenue risk.
  • Strategic renewable investments capture growing global demand for sustainable energy solutions.

What critics are saying

  • Oxa investment faces 50-70% collapse risk within 6 months from £70M losses.
  • Shell outcompetes BP in clean-energy raises, eroding first-mover renewable advantage.
  • Fossil fuel revenue faces 30-50% decline from EV adoption and policy bans.

What makes BP unique

  • BP Ventures actively invests in autonomous vehicle and clean-energy startups globally.
  • BP operates integrated oil, gas, chemicals, plastics, and synthetic fiber production.
  • BP targets net-zero transition through offshore wind, solar, and renewable energy.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Short-Term Disability

Long-Term Disability

Paid Vacation

Paid Holidays

Parental Leave

401(k) Retirement Plan

Flexible Work Hours

Hybrid Work Options

Company News

CNBC
Apr 14th, 2026
BP's new CEO to simplify company structure into upstream and downstream units

BP will reorganise into two main business units — upstream and downstream — under new CEO Meg O'Neill, who took the helm on 1 April, a spokesperson confirmed on Tuesday. The company currently operates three main divisions covering gas and low carbon, oil production and operations, and customers and products. The move aligns with calls from US hedge fund Elliott, which holds a stake of just over 5% in BP, for a simplified structure. There is no set timeline for the reorganisation. Two weeks ago, BP named Carol Howle as deputy chief executive to oversee portfolio review and strategy development. The restructuring marks a shift from former CEO Bernard Looney's 2020 overhaul, which emphasised renewable energy but drew investor criticism.

Yahoo Finance
Apr 14th, 2026
BP Whiting refinery lockout enters fourth week, shares trade 39.5% below fair value

BP has locked out more than 800 union workers at its Whiting refinery in Northwest Indiana, with the dispute continuing into its fourth week. Replacement workers have been brought in as negotiations over concessions remain unresolved. The lockout raises concerns about refinery safety, operational stability and economic impact on the surrounding community. For investors, the dispute represents a material operational and social risk factor, particularly as the duration extends and regulatory scrutiny increases. BP shares currently trade at £5.74, roughly in line with analyst targets, though Simply Wall St flags them as 39.5% below estimated fair value. The company faces a very high P/E ratio of 2,200.9x, with dividend coverage concerns as profit margins have declined year-on-year.

Yahoo Finance
Apr 14th, 2026
BP oil trading arm set for 'exceptional' Q1 as Iran conflict drives prices higher, net debt to jump to $27B

BP has forecast "exceptional" results from its oil trading division for the first quarter of 2026, driven by surging oil prices following US-Israeli military action against Iran. The Middle East conflict has disrupted energy markets, with the effective closure of the Strait of Hormuz trapping significant Gulf oil volumes. The company expects net debt to rise to between $25 billion and $27 billion, up from just over $22 billion in the previous quarter, primarily due to working capital increases of $4 billion to $7 billion caused by the price environment. Upstream output is expected to remain broadly flat compared to the fourth quarter of 2025. The update marks the first since Meg O'Neill became CEO on 1 April, replacing Murray Auchincloss.

CNBC
Apr 1st, 2026
BP's third CEO in five years: New chief Meg O'Neill faces mounting challenges at UK oil giant

Meg O'Neill is taking over as BP's chief executive, becoming the company's third CEO in five years. O'Neill joins from Woodside Energy as rising oil prices may provide some relief amid significant challenges facing the UK oil major. The rapid leadership turnover highlights the scale of difficulties confronting BP as it navigates the energy transition and market pressures.

Yahoo Finance
Mar 28th, 2026
BP highlights unprecedented Iran war oil shock amid Strait of Hormuz closure

BP has highlighted unprecedented disruption to global oil flows caused by the Iran war and closure of the Strait of Hormuz, leading to large-scale interruptions to crude and product shipments. The company's chief economist stated the current shock differs in scale from previous oil supply disruptions, with implications for long-term energy market structure. The closure affects physical supply routes, shipping costs, insurance and crude pricing, impacting how integrated oil majors manage portfolios and risks. BP's comments suggest possible shifts in energy sourcing, transport and hedging, with potential implications for capital allocation between oil, gas and lower-carbon projects. BP currently trades at £5.84, roughly 70.5% below estimated fair value according to Simply Wall St, though profit margins of just 0.03% leave limited room for error.

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