Senior Marine Marketing Accountant

Occidental Petroleum•Houston, TX

14d

About The Position

Oxy is hiring a Senior Marine Marketing Accountant based in Houston, Texas. Reporting to the Marine Marketing Accounting Supervisor, this role is responsible for actualizing, tracking, and cash settling crude oil volumes transported to market, placed in storage, and delivered to market. The position works with operations and front-office teams and supports accounting, settlement, reporting, forecasting, audits, and process improvements. Overtime is required during critical periods.

Requirements

Bachelor’s degree in accounting, or a business degree with at least 21 hours of accounting coursework.
Fundamental accounting skills in general ledger, accounts payable, accounts receivable, and account reconciliations.
Ability to analyze P&L and balance sheet activity, investigate variances, and resolve discrepancies.
Strong ability to manage and process large quantities of data.
Ability to communicate professionally and establish effective working relationships with internal operations and external customers.
Team-oriented approach, willingness to help others, and ability to lead by example.
Optimistic and proactive attitude.
Motivated, self-directed, results-driven approach, with ownership of assigned tasks.
Ability to research and prepare analyses responding to internal and external inquiries in a timely, professional, and thorough manner.
Creative thinking and ability to identify continuous process improvement opportunities.
Working proficiency and knowledge of Excel, including mining and manipulating data.
Initiative to consistently meet internal and external deadlines.

Nice To Haves

SAP experience is highly desirable.
Experience with SAP software applications.
Experience with Microsoft Excel.
Experience working in a trading system; Horizon experience is a plus.
Experience coordinating audit requests and supporting international accounting or tax reporting.
Experience supporting reporting automation, system enhancements, or user acceptance testing.

Responsibilities

Work with Operations and Front Office to ensure complete and accurate settlements of crude purchases, sales, and secondary costs, including preparing and sending invoices, arranging wire payments, confirming payments, and resolving discrepancies through contract review and volume actualization support.
Perform month-end closing procedures and submit reports according to the department calendar and schedule, including general ledger, accounts receivable/payable, and reconciliation work.
Prepare cash forecasts for the Treasury team.
Review and record monthly journal entries related to accounts receivable, accounts payable, cash, broker, and prepaid accounts.
Ensure accounting procedures comply with GAAP requirements.
Analyze and prepare balance sheet account reconciliations and resolve reconciling differences promptly.
Collaborate with the financial reporting team on balance sheet and income statement analysis and margin tie-outs.
Prepare and distribute financial reporting packages and supporting datasets to the Singapore accounting team.
Assist with and participate in special projects.
Develop and analyze ad hoc reports using SAP Datasphere, SAP Analytics Cloud, Power BI, and advanced Excel tools.
Prepare PBC materials for internal and external audits, and assist with analysis and explanations.
Prepare PBC documentation for annual tax filings and assist the Tax team with inquiries from Singapore’s Inland Revenue Authority.
Research and resolve complex accounting, P&L, cash forecasting, and volume discrepancies, including differences among terminal statements, shipment records, and actualized volumes.
Provide guidance and share knowledge with team members on accounting processes, reporting tools, and complex transactions; support escalated inquiries from business partners.
Develop and maintain desk procedures as needed.
Manage relationships with and regularly support front-office, mid-office, credit, and treasury teams.