Senior Marine Marketing Accountant

Oxy • Houston, TX

1d

About The Position

Oxy is seeking an experienced and motivated 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 closely with Operations, the Front Office, Treasury, financial reporting, Singapore accounting, Tax, and other business partners to support accurate settlements, accounting, reporting, and cash forecasting.

The role performs month-end close and account reconciliation activities, supports internal and external audits and annual tax filings, investigates complex accounting and volume discrepancies, and develops reports and process documentation. It also provides guidance to team members and supports special projects and continuous process improvement. Overtime is required during critical times.

Requirements

• Bachelor’s degree in accounting, or a business degree with a minimum of 21 hours of accounting coursework.
• Fundamental accounting skills, including 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.
• Ability to maintain an optimistic and proactive 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.
• Working proficiency and knowledge of Excel, including mining and manipulating data.
• Initiative to consistently meet internal and external deadlines.

Nice To Haves

• SAP software application experience.
• 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 the Front Office to ensure complete and accurate settlements of crude purchases, sales, and secondary costs, including preparing and sending invoices, setting up wire payments, confirming payments, and resolving discrepancies through contract review and volume actualization support.
• Perform month-end closing procedures and submit reports on schedule, including general ledger, accounts receivable, accounts payable, and reconciliation preparation.
• 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 in responding to 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 the Front Office, Mid Office, Credit, and Treasury.
• Work overtime during critical times.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior