Crude Volumes Accountant - Occidental Petroleum Corporation

Description

Oxy is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.

Occidental strives to attract and retain talented employees by investing in their professional development and providing rewarding opportunities for personal growth. Our goal is to meet the highest employer standards by ensuring the health and safety of our employees, protecting the environment, and positively impacting communities where we do business.

We are looking for an experienced and motivated individual to fill the position of Crude Volumes Accountant based in Houston, TX.

Reporting to the Crude Marketing Accounting Supervisor, the Crude Volumes Accountant is responsible for actualizing and tracking crude oil volumes received from our production company and/or 3rd party customers, transported to market, placed in storage, and delivered to market.

The following are job duties expected of the CrudeVolumes Accountant:

·         Regularly work with a team of volume accountants to perform monthly volumetric allocations by analyzing lease, trucking, pipeline statements and other transporter reports.

·         Reconcile transportation invoices to trading system, resolving discrepancies timely to process payment.

·         Reconcile actualized volumes per our trading system with our revenue accounting group for equity and 3^rd party purchases and resolve discrepancies in a timely manner.

·         Accountable for contributing to monthly close.

·         Assist in customer disputes (pricing/volume).

·         Create, enhance and maintain data for audit (Excel and Software based).

·         Collaborate with project team, product control, revenue accounting and Operations to improve processes and provide reliable analysis.

·         Provide support and assistance to the settlements team, lease operations, and revenue accounting to research and resolve prior period volumetric discrepancies.

·         Analyze trading activity and explain variances between current month, prior month, and forecasts.

·         Reconciliation of general ledger accounts for inventory and related costs.

·         Review and record monthly journal entries to the general ledger for commodity transportation and fees for accruals and actualized activity.

·         Assist in testing and analysis for new trade system implementation (Allegro 8.0).

·         Gather supporting documents and provide explanations for audit request for consolidated and stand-alone financial statements (as applicable).

·         Document and update desk procedures for assigned tasks.

·         Collaborate with project team, product control, revenue accounting and Operations to improve processes and provide reliable analysis.

·         Provide support and assistance to the settlements team, lease operations, and revenue accounting to research and resolve prior period volumetric discrepancies.

·         Analyze trading activity and explain variances between current month, prior month, and forecasts.

·         Reconciliation of general ledger accounts for inventory and related costs.

·         Review and record monthly journal entries to the general ledger for commodity transportation and fees for accruals and actualized activity.

·         Assist in testing and analysis for new trade system implementation (Allegro 8.0).

·         Gather supporting documents and provide explanations for audit request for consolidated and stand-alone financial statements (as applicable).

·         Document and update desk procedures for assigned tasks.

Qualifications

Required Qualifications:

·         Bachelor’s degree in accounting or minimum of 21 hours of accounting with a business degree.

·         Energy Marketing industry experience (3+ years, minimum of 2 years in Crude Oil).

·         Some market knowledge of oil lease.

·         Experience working in a trading system, Allegro experience a plus.

·         Ability to communicate in a professional manner and establish effective working relationships with internal operations and external customers.

·         Team-oriented spirit who displays a willingness to help others.

·         Capacity to maintain an optimistic and positive attitude.

·         Motivated, self-directed, and results-driven approach to work, also takes ownership of assigned tasks.

·         Ability to research and prepare analysis to respond to internal and external inquiries in a timely, professional, and thorough manner.

·         Creative thinker who can identify processes for continuous process improvement opportunities.

·         Ability to anticipate issues and how they impact the team or other stakeholders, and act on them in advance.

·         Ability to learn quickly and adapt and manage multiple priorities in a rapidly changing dynamic environment.

·         Employ fundamental accounting skills: general ledger, accounts payable, accounts receivable and account reconciliations.

·         Strong working proficiency and knowledge in Excel, i.e. mining/manipulating data.

·         Initiative to consistently meet internal and external deadlines.

·         Overtime will be required during critical times.

Desired Qualifications:

• Knowledge of crude pipelines, lease actualization and settlement.
• Accounting experience in Energy Supply & Marketing.
• Ability to read tariffs, pipeline statements and contracts.

Relocation will not be provided.

Occidental does not offer sponsorship of employment-based nonimmigrant visa petitions for this role.

Occidental is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, marital status, political preference, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

Recruitment Fraud

It has come to our attention various individuals and/or organizations are contacting people falsely pretending to recruit on behalf of Oxy. Please be aware that these recruiting scams and communications do no originate nor are they associated with our recruitment process.

Oxy does not charge a fee at any stage of the recruiting process. We will never:

• Ask you to pay for applications, interviews, meetings, processing, training or for any other fees
• Use recruiting or placement agencies that charge candidates an advance fee of any kind or
• Request personal information such as passport and bank account details at an early stage of our recruitment process.

We recommend against responding to unsolicited business propositions or offers from people you don’t know. Do not disclose your personal or financial details. If you believe you have been the victim of a recruiting scam, please contact your local police department.