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Occidental Petroleum

Produces oil and gas and develops carbon capture

Midstream Financial Analyst - Midstream & Marketing

Financial AccountingUpdated on Nov 3
Full-timeHouston, TX, USANo salary listed

About the Job

Requirements

  • A bachelor's degree in Accounting or a related field is required.
  • Three to five years of corporate accounting experience is required; two to three years of public accounting experience may be considered.
  • Prior experience in midstream, marketing, energy, or commodity-based businesses is required.
  • Exposure to forecasting, budgeting, outlook, or planning processes is required.
  • Experience with inventory valuation or commodity margin analysis is required.
  • Ability to analyze data and reach independent conclusions is required.
  • Ability to manage multiple tasks, meet short deadlines, and work overtime for monthly closing activities is required.
  • Strong analytical and communication skills are required.
  • Self-motivation, a strong work ethic, independent thinking, problem-solving, and accountability are required.

Responsibilities

  • Prepare and analyze monthly, quarterly, and annual financial reports, including income statement and balance sheet analysis, with emphasis on Midstream & Marketing activities.
  • Interpret large datasets and identify trends in market data.
  • Conduct variance analysis against outlook, budget, and previous periods, and communicate key drivers to management using dashboards and visual summaries.
  • Support monthly close activities by handling accruals, estimates, and tie-outs, ensuring results accurately reflect operational activity in accordance with accrual accounting principles.
  • Maintain and review balance sheet account reconciliations, investigate reconciling items, and work with Accounting to resolve issues promptly.
  • Develop, maintain, and enhance management reporting tools, including automated reports and analytics, to improve efficiency and provide deeper insights.
  • Work closely with other departments in recording and analyzing financial data.
  • Assist with internal and external audit requests and other special projects.
  • Perform other duties as required.

Desired Qualifications

  • Midstream & Marketing oil and gas experience or background is a plus.
  • Experience with SQL, Python, or data visualization tools such as Tableau or Power BI is a plus.
  • SAP and Microsoft Excel experience is a plus.

About the Company

Occidental Petroleum

Produces oil and gas and develops carbon capture

Occidental Petroleum produces and sells oil and natural gas to energy customers in the United States and overseas. Its portfolio spans the Permian Basin and the Rockies, offshore Gulf of America fields, and the Al Hosn Gas project in the United Arab Emirates. It earns revenue from selling these commodities, while its marketing business also buys third-party crude to make use of pipeline and export terminal capacity. Its subsidiaries 1PointFive and Carbon Engineering develop direct air capture technology and industrial projects to remove carbon dioxide from the air and store it underground. Founded in 1920, Occidental is headquartered in Houston, Texas.

Company size
10,001+
Company stage
IPO
Headquarters
Houston, TX
Founded
1920

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