Gas Settlement Accountant

Occidental Petroleum

Gas Settlement Accountant 00030655



Our greatest asset has been and will continue to be our people. We are looking for an experienced and motivated individual to fill the position of Gas Settlement Accountant based in Houston, TX.

Reporting to the Gas Marketing Accounting Supervisor, a Gas Settlement Accountant is mainly responsible for ensuring that invoices are sent out per contract; and that funds are sent and/or received timely and accurately.

The following are job duties expected of the Gas Settlement Accountant:

  • Regularly work with a team of accountants to confirm monthly AR/AP invoices with our 3rd party Customers and/or Vendors, resolving discrepancies timely to ensure timely processing of funds.
  • Reconcile actualized volumes and pricing per our trading system with our revenue accounting group (inter-company) for equity; and resolve discrepancies in a timely manner.
  • Collaborate with project team, product control, revenue accounting and Operations to improve processes and provide reliable analysis.
  • Reconciliation of general ledger accounts for inventory and related costs.
  • Review and record monthly journal entries to the general ledger for commodity purchases, sales, transportation and fees for accruals and actualized activity.
  • Gather supporting documents and provide explanations for audit request for consolidated and stand-alone financial statements (as applicable).
  • Document and update desk procedures for assigned tasks.



Required Qualifications:

  • Bachelor’s Degree in Accounting or Finance.
  • Energy Marketing industry experience (5+ years, minimum of 4 years in Natural Gas).
  • Relevant experience with natural gas settlements and inventory valuation.
  • Experience working in a trading system, Allegro experience a plus.
  • Strong ability in managing and processing large quantities of data.
  • Ability to communicate in a professional manner 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 positive 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.
  • Ability to anticipate issues and how they impact the team or other stakeholders, and act on them in advance.
  • Ability to learn quickly and adapt and manage multiple priorities in a rapidly changing dynamic environment.
  • Employ fundamental accounting skills: general ledger, accounts payable, accounts receivable and account reconciliations.
  • Working proficiency and knowledge in Excel, i.e. mining/manipulating data. Experience with modeling and/or creating macros a plus.
  • Initiative to consistently meet internal and external deadlines.
  • Overtime will be required during critical times.

Desired Qualification:

  • SAP software application experience.
  • Allegro 8 experience.

Relocation will or will not be provided.

Occidental Petroleum Corporation does not offer sponsorship of employment-based nonimmigrant visa petitions for this role.

Occidental Petroleum Corporation is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, marital status, political preference, sexual orientation, gender identity, national origin, protected veteran status, or disability status.



Primary Location

  United States-Texas-Houston





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