Full-Time

Marine Marketing Accountant

Posted on 5/9/2026

Occidental Petroleum

Occidental Petroleum

10,001+ employees

Oil, gas production; carbon management focus

No salary listed

Houston, TX, USA

In Person

Category
Accounting (2)
,
Required Skills
SAP Products
Excel/Numbers/Sheets
Requirements
  • Bachelor's Degree in accounting or minimum 21 hours of accounting with a business degree
  • Employ fundamental accounting skills: general ledger, accounts payable, accounts receivable and account reconciliations
  • Relevant experience with crude actualizations and inventory valuation (WACOG)
  • 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
  • Team-oriented 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
  • Working proficiency and knowledge in Excel, i.e. mining/manipulating data.
  • Initiative to consistently meet internal and external deadlines
  • Experience with Microsoft Excel
  • Experience working in a trading system, Allegro experience a plus
Responsibilities
  • Work with Operations and Front Office to ensure completeness and accuracy of settlements of crude purchases, sales, and secondary costs; including preparation and sending out invoices, setting up wire for cash payments, confirmation of payments, and resolving discrepancies timely through review of contracts and volume actualization support
  • Perform month-end closing procedures and submit reports on-time in accordance with the department calendar and schedule (GL AR/AP Recon preparation and balance reconciliation)
  • Preparation of cash forecasts to be provided to Treasury
  • Review and record monthly journal entries related to AR, AP, cash, broker, and prepaid accounts
  • 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)
  • Develop and maintain desk procedures as needed
  • Overtime will be required during critical times
  • Manage relationships with and regularly provide support to front office, mid office, credit, and treasury
  • Overtime will be required during critical times
Desired Qualifications
  • SAP experience is highly desirable
  • Experience working in a trading system, Allegro experience a plus

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

  • OxyChem $5.8B sale to Berkshire closed January 2, 2026, cuts debt to $15B.
  • Q1 2026 production hit 1.43 million boe/day, generating $1.7B free cash flow.
  • New CEO Richard Jackson's Middle East experience since 2003 bolsters global ops.

What critics are saying

  • Revenue fell 25% YoY to $5.11B in Q1 2026, eroding market share to ExxonMobil.
  • Morningstar $38 fair value versus $59 price triggers 35-50% correction in 3-6 months.
  • Middle East disruptions slash international output 20-30% amid US-Iran tensions.

What makes Occidental Petroleum unique

  • Oxy leads in Permian Basin with 575 thousand boe/day low-cost production.
  • Pioneers carbon capture, targeting net zero operations by 2040.
  • Largest independent oil producer in Oman, second-largest offshore in Qatar.

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Benefits

Professional Development Budget

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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.