Full-Time

Financial Analyst

Confirmed live in the last 24 hours

Occidental Petroleum

Occidental Petroleum

10,001+ employees

Sustainable oil and gas production and management

No salary listed

Junior, Mid

The Woodlands, TX, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s Degree in Accounting or related degree
  • 2 years accounting experience
  • Strong analytical and communication skills
  • Ability to successfully manage multiple tasks and meet short deadlines
  • Self-motivated and able to work independently and with others
  • Proactive learner
  • Takes accountability and strives to increase results
  • Intermediate Excel skills
Responsibilities
  • Working closely with other FA’s in the Business Unit and individuals supporting operations as responsible analyst supporting LOE and GOA-wide functions and processes (e.g. timewriting, inventory, G&A)
  • Analyzing actual and planned financial activity on designated financial areas of responsibility
  • Preparing current/subsequent year forecast and financial statements, and analysis
  • Preparing monthly journal entries
  • Assist with the monthly accounting close and preparation of monthly financial reports
  • Prepare accounting reconciliations
  • Review Inventory balance with Supply chain and assist in inventory counts
  • Assisting with ad hoc requests from operations personnel to support budget, forecast and reserves reporting
  • Assisting with internal and external audit requests, as well as other special projects
  • Complete quarterly and annual government reports.
Desired Qualifications
  • Upstream Oil and Gas experience / background
  • SAP experience
  • CPA

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 its competitors, Occidental emphasizes environmental responsibility and has adopted ESG metrics, showcasing its commitment to sustainable practices. Their goal is to provide reliable energy resources while minimizing environmental impact.

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 lead in emissions-free energy solutions.
  • Joint venture with Berkshire Hathaway opens new revenue streams in lithium production.
  • Acquisition of CrownRock assets strengthens position in the $3 trillion CCS market.

What critics are saying

  • Potential repeal of the Inflation Reduction Act threatens DAC project funding.
  • CrownRock asset acquisition may increase debt burden amid oil price volatility.
  • Nuclear fusion partnership with TAE Technologies is speculative and may not succeed.

What makes Occidental Petroleum unique

  • Occidental is a leader in carbon management with ambitious net zero targets by 2050.
  • The company is pioneering in adopting ESG metrics, setting industry standards.
  • Occidental's diverse global asset portfolio enhances its operational resilience.

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Benefits

Professional Development Budget

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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.