Senior Marine Marketing Accountant

Saved job description

Oxy  produces ,  markets and transports  oil and natural gas to maximize value and provide resources fundamental to life. The company leverages its global leadership in  carbon management  to advance lower-carbon technologies and products. Headquartered in Houston, Oxy primarily operates in the United States, Middle East and North Africa. To learn more, visit  Oxy

Oxy 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 our communities where we do business.

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

Reporting to the Marine Marketing Accounting Supervisor, the Senior Marine Marketing Accountant is responsible for actualizing, tracking, and cash settling on crude oil volumes transported to market, placed in storage and delivered to market.

The following are job duties expected of the Senior Marine Marketing Accountant:

Work with Operations and Front Office to ensure completeness and accuracy of settlements of crude purchases, sales, and secondary costs; including preparation and sending out invoices, setting up wire for cash payments, confirmation of payments, and resolving discrepancies timely thorough review of contracts and volume actualization support

Perform month-end closing procedures and submit reports on time per the department calendar and schedule (GL AR/AP Recon preparation and balance reconciliation)

Preparation of cash forecasts to be provided to the Treasury team

Review and record monthly journal entries related to AR, AP, cash, broker, and prepaid accounts

Ensure that accounting procedures comply with GAAP requirements

Analyze and prepare balance sheet account reconciliations and resolve reconciling differences on a timely basis

Collaborate with the financial reporting team for balance sheet, income statement analysis, and margin tie-outs

Prepare and distribute financial reporting packages and supporting datasets to the Singapore accounting team

Assist and participate in special projects regularly

Develop and analyze ad hoc reports using SAP Datasphere, SAP Analytics Cloud, Power BI, and advanced Excel tools

Prepare PBC’s for internal and external audits, assist with analysis and explanations

Prepare PBC documentation for annual tax filings and assist the Tax team with responses 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 knowledge sharing to 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 provide support to front-office, mid-office, credit, and treasury

Overtime will be required during critical times

Required Qualifications

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

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

Demonstrated ability to analyze P&L and balance sheet activity, investigate variances, and resolve discrepancies

SAP experience is highly desirable

Strong ability in managing and processing large quantities of data

Ability to communicate professionally and establish effective working relationships with internal operations and external customers

Team-oriented spirit who displays a willingness to help others; and lead by example

Capacity to maintain an optimistic and proactive 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

Working proficiency and knowledge in Excel, i.e. mining/manipulating data.

Initiative to consistently meet internal and external deadlines

Desired Qualifications

SAP software application experience

Experience with Microsoft Excel

Experience working in a trading system, Horizon experience a plus

Experience coordinating audit requests and supporting international accounting or tax reporting

Experience supporting reporting automation, system enhancements, or user acceptance testing

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 not originate nor are they associated with our recruitment process. All Oxy job postings and offers will require a completed application through our company website.

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.

All qualified applicants will receive consideration for employment without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.