Crude Volumes Accountant

Occidental Petroleum•Houston, TX

2d•Onsite

About The Position

Oxy is seeking an experienced and motivated Crude Volumes Accountant based in Houston, Texas. Reporting to the Crude Marketing Accounting Supervisor, this role tracks and actualizes crude oil volumes received from production and third-party customers, transported to market, stored, and delivered to market. The accountant works with volume-accounting colleagues and cross-functional teams to support volumetric allocations, reconciliations, monthly close, customer matters, accounting entries, audits, and process improvements. The role also supports trading-system implementation and upgrades, maintains audit-ready data and desk procedures, researches prior-period discrepancies, analyzes trading activity and variances, and responds to internal and external inquiries. Overtime is required during critical periods.

Requirements

Bachelor’s degree in accounting, or a business degree with at least 21 accounting credit hours.
At least 3 years of Energy Marketing industry experience, including a minimum of 2 years in crude oil.
Some market knowledge of oil leases.
Experience working in a trading system.
Professional communication skills and the ability to establish effective working relationships with internal operations and external customers.
Collaborative approach and willingness to help others; optimistic and positive attitude.
Motivated, self-directed, results-driven approach, with ownership of assigned tasks.
Ability to research and prepare thorough analyses for timely responses to internal and external inquiries.
Ability to identify opportunities for continuous process improvement.
Ability to anticipate issues and their effects on the team or stakeholders and act in advance.
Ability to learn quickly, adapt, and manage multiple priorities in a rapidly changing environment.
Fundamental accounting skills, including general ledger, accounts payable, accounts receivable, and account reconciliations.
Strong working proficiency in Excel, including mining and manipulating data.
Initiative to consistently meet internal and external deadlines.

Nice To Haves

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

Responsibilities

Collaborate with volume accountants to perform monthly volumetric allocations by analyzing lease, trucking, pipeline, and other transporter statements and reports.
Reconcile transportation invoices to the trading system, investigate discrepancies, and resolve them in time for payment processing.
Reconcile trading-system actualized volumes with revenue accounting for equity and third-party purchases, resolving discrepancies promptly.
Contribute to the monthly close.
Assist with customer disputes involving pricing or volume.
Create, enhance, and maintain audit data using Excel and software-based tools.
Collaborate with project teams, product control, revenue accounting, and Operations to improve processes and provide reliable analysis.
Support settlements, lease operations, and revenue accounting in researching and resolving prior-period volumetric discrepancies.
Analyze trading activity and explain variances between the current month, prior month, and forecasts.
Reconcile general ledger accounts for inventory and related costs.
Review and record monthly general ledger journal entries for commodity transportation and fees, including accruals and actualized activity.
Assist with testing and analysis for new trade-system implementation and upgrades, including Horizon and SAP.
Gather supporting documents and explain items in response to audit requests for consolidated and stand-alone financial statements, as applicable.
Document and update desk procedures for assigned tasks.
Work overtime during critical periods.