Full-Time

Marketing Marine Accounting Supervisor

Posted on 5/10/2025

Occidental Petroleum

Occidental Petroleum

10,001+ employees

Sustainable oil and gas production company

No salary listed

Senior, Expert

No H1B Sponsorship

Houston, TX, USA

Relocation will not be provided.

Category
Cost Accounting
Financial Accounting
Financial Analysis
Accounting
Required Skills
SAP Products
Excel/Numbers/Sheets
Connection
Connection
Connection
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Requirements
  • Bachelor’s degree in Accounting/Finance with at least 21 hours of accounting.
  • Energy Marketing industry experience (10 + years).
  • Relevant marine and/or crude specific experience as a Volume Actualizations or Settlements Supervisor (5+ years).
  • Exceptional analytical and organizational skills.
  • Highly motivated and has the ability to manage, motivate, and develop a large team to ensure deadlines are met.
  • Efficiently delegates tasks and manages work allocation amongst team to ensure deadlines are met.
  • Capacity to maintain an optimistic and positive attitude through adversity.
  • Team-oriented spirit who displays a willingness to help others within the organization as a whole.
  • Motivated, self-directed and results-driven approach to work, also takes ownership of assigned tasks.
  • Strong communication skills.
  • Creative thinker who can identify processes for continuous process improvement opportunities.
  • Strong decision-making skills who can independently solve problems for his/her team.
  • Ability to anticipate issues and how they impact the team or other stakeholders, and act on them in advance.
  • Employ fundamental accounting skills: general ledger, inventory; accounts payable, accounts receivable and account reconciliations.
  • Demonstrated ability to streamline and improve processes.
  • Working proficiency and knowledge in Excel, i.e. mining/manipulating data.
  • Quick learner who is enthusiastic about using technology and is tech-savvy.
  • Experience using a trading system, Allegro 8 experience a plus.
Responsibilities
  • Supervise, train, and develop a 3+ person team specializing in crude marine volumes actualizations and settlements;
  • Cultivate a strong team culture within the group to encourage collaboration and cross training within the team;
  • Oversee the volumes actualizations and settlements process for all crude marine activity ensuring that it is completed on-time and accurately.
  • Ensure payable invoices are reconciled to the trading system and paid on-time.
  • Ensure sales invoices are sent timely to ensure cash is received on-time.
  • Assist team in researching volume discrepancies.
  • Review monthly/daily cash forecasts and identify ways to improve accuracy of a 3 month forecast.
  • Provide working capital variance explanations to treasury weekly, or as needed.
  • Assist team in research and settlement of aged receivables and payables.
  • Perform month-end closing procedures and submit reports on-time in accordance with the department calendar and schedule.
  • Analyze inventory and explain volumetric variances between current month, prior month, and forecasts.
  • Review, approve, and understand account reconciliations ensuring that reconciling items are addressed timely.
  • Collaborate with the financial analysis team for balance sheet and income statement analysis and margin tie-outs.
  • Preparation and posting of recurring, standard and adjusting journal entries in accordance with GAAP.
  • Create measurable metrics within the team to hold staff accountable for their assigned tasks.
  • Assist with ad hoc reports and special assignments when needed (i.e., system implementation (Allegro 8, SAP).
  • Provide assistance to the analysis team for audit and tax requests (internal and external).
  • Manage relationships with and regularly provide support to front office, mid office, credit, and treasury.
Desired Qualifications
  • Allegro 8 experience a plus.

Occidental Petroleum focuses on sustainable and low-cost operations in the energy sector, primarily in oil and gas. The company uses advanced technology to improve efficiency and is a leader in carbon management, aiming for net zero emissions in its operations by 2040 and from its products by 2050. Unlike many competitors, Occidental invests in renewable energy sources, such as solar power, to reduce its carbon footprint. Their goal is to lead in sustainable practices while serving a diverse range of clients globally.

Company Size

10,001+

Company Stage

IPO

Headquarters

Houston, Texas

Founded

1920

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with TAE Technologies could position Occidental as a leader in emissions-free energy.
  • Joint venture with Berkshire Hathaway opens new revenue streams in lithium production.
  • Acquisition of CrownRock assets strengthens Occidental's position in the $3 trillion CCS market.

What critics are saying

  • Potential repeal of the Inflation Reduction Act could impact DAC technology funding.
  • CrownRock acquisition may increase debt burden, affecting financial stability.
  • Nuclear fusion partnership with TAE Technologies is speculative and may not yield results.

What makes Occidental Petroleum unique

  • Occidental is a leader in carbon management with ambitious net zero targets by 2040.
  • The company is pioneering in adopting ESG metrics, leading in sustainable practices.
  • Occidental's investment in DAC technology and nuclear fusion sets it apart in emissions reduction.

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Benefits

Professional Development Budget

Conference Attendance Budget

Company News

GlobeNewswire
Oct 31st, 2024
IOTA Software Inc. Announces $10.4 Million Series A2 Funding Led by Altira Group

DENVER, Oct. 31, 2024 (GLOBE NEWSWIRE) - IOTA Software Inc., a leading developer of industrial and business data visualization software, announced today that it has secured $10.4 million in Series A2 funding led by the Altira Group with participation from Oxy Technology Ventures and existing investors, including Aramco Ventures and Second Avenue Partners.

Renewable Energy World
Sep 23rd, 2024
Renewables on the rocks: Will the Inflation Reduction Act be repealed?

Occidental Petroleum is relying on IRA funding to develop direct air capture (DAC) technology, which will be needed to capture and sequester the hardest-to-reach GHG emissions from jet travel.

NAI 500
Sep 20th, 2024
Is it Time to Bottom Fish on This Buffett Energy Stock Down by 13%?

Occidental Petroleum recently acquired high-margin assets from CrownRock and aims to lead the carbon capture and storage (CCS) market, a sector potentially worth $3 trillion.

Energy Intelligence
Jun 11th, 2024
Oxy Eyes Nuclear Fusion as Possible DAC Power Source

Occidental Petroleum has signed a memorandum of understanding to work with nuclear fusion player TAE Technologies on potential applications of the emissions-free power source in the oil company's direct air capture (DAC) projects.

Yahoo Finance
Jun 10th, 2024
Warren Buffett's Strategic Acquisition in Occidental Petroleum Corp

On June 7, 2024, Warren Buffett (Trades, Portfolio)'s Berkshire Hathaway made a significant addition to its investment portfolio by acquiring 2,565,477 shares of Occidental Petroleum Corp (NYSE:OXY). This move further solidifies Berkshire Hathaway's position as a major stakeholder in the oil and gas sector.