Gas & Power Accountant

Oxy•Houston, TX

About The Position

Oxy is seeking an experienced and motivated Gas & Power Accountant based in Houston, Texas. Reporting to the Marketing Accounting Supervisor, this role ensures pipeline and power payments, as well as gas and power settlement invoices, are sent according to contract and that funds are sent or received accurately and on time. The accountant supports accounting activities for energy marketing, including reconciliations, month-end close, reporting, journal entries, variance analysis, audits, and trade-system implementations.

Requirements

Bachelor’s degree in accounting or finance, or a business degree with at least 21 hours of accounting coursework.
Exceptional analytical and organizational skills.
Ability to manage and process large quantities of data.
Professional communication skills and ability to establish effective working relationships with internal operations and external customers.
Collaborative approach, willingness to help others, and ability to lead by example.
Optimistic and positive attitude.
Motivated, self-directed, results-driven approach, with 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 thinking and ability to identify continuous process improvement opportunities.
Ability to anticipate issues, understand their impact on the team and 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.
Working proficiency and knowledge of Excel, including mining and manipulating data.
Initiative to consistently meet internal and external deadlines.

Nice To Haves

Experience with SAP software.
Experience working in a trading system; Horizon and OATI experience are a plus.
Knowledge of gas and power settlements.
Two or more years of Energy Marketing industry experience.
Accounting experience in Energy Supply & Marketing.

Responsibilities

Confirm monthly accounts receivable and accounts payable invoices with third-party customers and vendors, and resolve discrepancies promptly.
Reconcile counterparty settlements to the trading system and ensure they are paid on time.
Assist with customer disputes involving pricing or volume.
Reconcile intercompany actualized volumes and pricing from trading systems with internal accounting teams for equity, and resolve discrepancies promptly.
Perform month-end closing procedures and submit reports on time according to the department calendar and schedule.
Analyze trading activity and explain variances between the current month, prior month, and forecasts.
Prepare recurring, standard, and adjusting journal entries in accordance with GAAP.
Collaborate with the financial analysis team on balance sheet and income statement analysis and margin tie-outs.
Gather supporting documents and provide explanations for audit requests for consolidated and stand-alone financial statements, as applicable.
Prepare intercompany reports.
Assist with testing and analysis for new trade-system implementations.
Document and update desk procedures for assigned tasks.