Gas & Power Accountant at OPC Occidental Petroleum Corp — Houston, TX

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 & Power Accountant based in Houston, TX.

Reporting to the Marketing Accounting Supervisor, the Gas & Power Accountant is responsible of ensuring pipeline and power payments and gas and power settlements invoicing 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 & Power Accountant:

• Confirm monthly AR/AP invoices with our 3rd party Customers and/or Vendors and resolving discrepancies timely
• Ensure counterparty settlements are reconciled to the trading system and paid on time.
• Assist in customer disputes (pricing/volume)
• Reconcile intercompany actualized volumes and pricing per our trading systems with internal accounting teams for equity and resolve discrepancies in a timely manner.
• Perform month-end closing procedures and submit reports on time in accordance with the department calendar and schedule.
• Analyze trading activity and explain variances between current month, prior month, and forecasts.
• Preparation of recurring, standard and adjusting journal entries in accordance with GAAP
• Collaborate with the financial analysis team for 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 in testing and analysis for any new trade system implementations
• Document and update desk procedures for assigned tasks

Required Qualifications

• Bachelor’s degree in accounting or finance or a minimum of 21 hours of accounting with a business degree
• Exceptional analytical and organizational skills
• 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.
• Collaborative 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.
• Initiative to consistently meet internal and external deadlines.
• Overtime will be required during critical times.

Desired Qualifications

• SAP software application experience
• Experience working in a trading system, Horizon and OATI experience a plus.
• Knowledge of gas and power settlements
• Energy Marketing industry experience (2+ years)
• Accounting experience in Energy Supply & Marketing

Recruitment Fraud

• 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.