Full-Time

Manager Accounting

Accounts Payable

Posted on 8/25/2025

Occidental Petroleum

Occidental Petroleum

10,001+ employees

Oil, gas production; carbon management focus

No salary listed

Midland, TX, USA

In Person

Category
Accounting (1)
Required Skills
SAP Products
Customer Service
Requirements
  • 4 Year Business related degree or equivalent work experience in Finance.
  • Demonstrated leadership qualities, including coaching, mentoring, and fostering team growth.
  • Excellent communication and interpersonal skills.
  • Strong knowledge of accounts payable processes.
  • Strong analytical and problem-solving abilities, process evaluation, root cause identification, risk mitigation strategies, and executing business improvements.
  • Strong customer service focus and professionalism particularly in challenging situations
  • Collaborate well with all levels of management.
  • Create a positive work environment.
  • Adapts well to changes in responsibilities and workloads.
  • Skilled in prioritizing tasks and managing simultaneous requests efficiently.
  • Stay calm under pressure, de-escalation.
  • Strong attention to detail
  • SAP experience preferred.
  • Ability to travel as required by business needs.
Responsibilities
  • Lead multiple Accounts Payable teams, providing guidance and ensuring appropriate team growth and development, and operational support and efficiency.
  • Foster team growth through active team leadership inclusive of coaching and mentoring.
  • Responsible for performance management process, providing feedback and addressing performance issues.
  • Identify opportunities for process improvements and target leading practice implementation to enhance the efficiency of the accounts payable function and overall business support.
  • Identify and evaluate risk. Make strategic process decisions and recommendations based on risk analysis.
  • Work closely with other departments to ensure appropriate integration of accounts payable processes.
  • Ensure adherence with department processes and controls.
  • Manage annual department budget and allocations.
  • Maintain compliance with segregation of duties and perform any required mitigation reviews and reporting.
  • Establish and uphold standardized procedures to ensure policy compliance.
  • Proactively address and resolve AP function issues.
  • Exercise discretion and independent judgement when working with audit and the legal department.
  • Develop and oversee business continuity planning and execution when needed.
  • Lead and/or participate on Accounts Payable or other cross-functional projects and initiatives.
  • Monitor and ensure compliance and timeliness with customer service through Help Desk Functions.
  • Encourage and direct any system or training opportunities within AP and/or outside of AP when appropriate.
Desired Qualifications
  • SAP experience preferred.

Occidental Petroleum (Oxy) is a global energy company that produces oil and natural gas and also works in carbon management and renewable energy. It operates by extracting and selling energy products to a worldwide customer base, while continuously investing in technology to lower costs and reduce environmental impact. Its operations span the United States, Middle East, Africa, and Latin America, and the company runs renewable projects such as a solar facility in the Permian Basin to support its energy mix. Compared with rivals, Oxy differentiates itself through its focus on environmental, social, and governance (ESG) metrics, low-cost operations, and the use of renewable energy and carbon-management initiatives to improve efficiency and reduce emissions. The company’s stated goal is to achieve net zero emissions from its operations by 2040 and net zero emissions from the use of its products (end-use) by 2050.

Company Size

10,001+

Company Stage

IPO

Headquarters

Houston, Texas

Founded

1920

Simplify Jobs

Simplify's Take

What believers are saying

  • Rapid deleveraging to $13.3 billion debt enables shareholder returns acceleration.
  • Jackson's CEO appointment brings international operational expertise for disciplined capital allocation.
  • Gulf of America production up 5.1% YoY with $250M expansion planned.

What critics are saying

  • Jackson's background in traditional oil operations, not low-carbon technology commercialization.
  • Oil below $55/barrel compresses free cash flow 30-40%, threatens deleveraging.
  • Carbon management business remains pre-revenue with unproven unit economics at scale.

What makes Occidental Petroleum unique

  • Permian Basin dominance with $35-40/barrel breakeven cost advantage.
  • Integrated three-pillar model: upstream, OxyChem chemicals, low-carbon ventures.
  • CO2-enhanced oil recovery monetizes carbon while increasing production simultaneously.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Professional Development Budget

Conference Attendance Budget

Company News

Yahoo Finance
Apr 3rd, 2026
Occidental Petroleum CEO retires as firm pivots to carbon management and debt reduction

Occidental Petroleum has announced CEO Vicki Hollub's retirement, with Richard Jackson taking over as the company shifts focus towards carbon management and balance sheet transformation. The leadership change follows the sale of OxyChem, refocusing the firm on core energy and low-carbon businesses. The transition comes as Occidental emphasises carbon management alongside financial discipline. At $62.97, shares trade roughly 3% above the $60.88 analyst target, though analysts suggest they remain 45.5% below estimated fair value. Key investor considerations include capital allocation following the OxyChem sale and spending balance between low-carbon projects and traditional oil and gas. The company carries high debt levels, with profit margins declining from 9.8% to 6.3%, making Jackson's execution on leverage and profitability crucial.

Yahoo Finance
Mar 27th, 2026
Occidental Petroleum hits 52-week high as CEO Vicki Hollub to retire after four decades

Occidental Petroleum has raised $120 million in a Series C round led by Ribbit Capital, valuing the company at $1.45 billion. Sequoia and Kleiner Perkins participated, with Emerson Collective joining as a new backer. The pre-revenue company is developing "Mathematical Superintelligence", an AI system focused on advanced reasoning that claims to eliminate hallucinations by requiring outputs in Lean4 programming language, which can be verified for correctness. Its flagship model, Aristotle, achieved top-level performance at the International Mathematical Olympiad in July. Founded in 2023, Harmonic has now raised $295 million across three funding rounds in 14 months. The company currently offers Aristotle via a free API and plans to commercialise in safety-critical industries like aerospace and finance.

Yahoo Finance
Mar 20th, 2026
Occidental up 15.6% since last earnings despite revenue miss, production rises

Occidental Petroleum reported fourth-quarter 2025 earnings of 31 cents per share, beating the Zacks Consensus Estimate of 19 cents by 63.2%, though down 61.3% year over year. Total revenues of $5.42 billion missed estimates by 7.8% and declined 5.2% year over year. Total production volume was 1,481 thousand barrels of oil equivalent per day, exceeding the company's guided range. Shares have risen 15.6% since the last earnings report, outperforming the S&P 500. Occidental strengthened its balance sheet by completing the OxyChem sale on 2 January 2026, reducing debt by $5.8 billion and bringing principal debt to $15 billion. Strong fourth-quarter production was driven by robust contributions from Permian assets, with Gulf of America volumes up 5.1% year over year.

Yahoo Finance
Mar 11th, 2026
Occidental boosts debt tender to $1.2B and removes covenants on 2031 notes

Occidental Petroleum has completed a heavily subscribed cash tender offer, increasing its purchase cap from $700 million to $1.20 billion for several series of senior notes and debentures. The company paired the enlarged tender with consent solicitations that removed covenants and shortened redemption notice on its 6.125% 2031 Notes. The move represents a step towards simplifying Occidental's debt structure and increasing financial flexibility. The company recently raised its quarterly dividend to $0.26 per share, demonstrating how management is allocating cash between shareholders and creditors. Whilst the debt tender and covenant changes appear incremental rather than transformative, investors should monitor oil price volatility and leverage risks. Analysts project mixed outlooks, with some forecasting revenue declining to around $26.2 billion by 2028.

Yahoo Finance
Mar 5th, 2026
Buffett's Occidental Petroleum rises 18% despite falling oil prices and $5.8B OxyChem sale

Occidental Petroleum rose 18.07% to $53.68 over the past year, outperforming despite falling oil prices. The company beat earnings estimates every quarter in 2025, with Q3 delivering a 29.90% EPS beat at $0.64 against consensus of $0.49. The transformative development was Occidental's sale of OxyChem to Berkshire Hathaway for $5.8 billion, which closed in January 2026 and enabled significant debt reduction to $15 billion. Full-year 2025 EPS reached $2.21 on revenue of $22.4 billion. Shares recently surged 6% on US-Iran tensions and Strait of Hormuz supply concerns. However, the consensus analyst target price of $51.88 suggests the stock is slightly overvalued at current levels, with 16 Hold, six Buy and four Sell ratings.

INACTIVE