Gas & Power Accountant
Oxy · Houston, TX · 1 mo ago
AccountingFull-time
About the role
The Gas & Power Accountant position is based in Houston, TX. This role is part of the Marketing Accounting team and is responsible for ensuring pipeline and power payments, gas and power settlements invoicing, and maintaining accurate records.
Responsibilities
- Confirm monthly AR/AP invoices with third-party customers and vendors and resolve discrepancies promptly
- Ensure counterparty settlements are reconciled to the trading system and paid on time
- Assist in customer disputes related to pricing and volume
- Reconcile intercompany actualized volumes and pricing with internal accounting teams for equity and resolve discrepancies in a timely manner
- Perform month-end closing procedures and submit reports on time in accordance with the department calendar and schedule
- Analyze trading activity and explain variances between current month, prior month, and forecasts
- Prepare recurring, standard, and adjusting journal entries in accordance with GAAP
- Collaborate with the financial analysis team for balance sheet and income statement analysis and margin tie-outs
- Gather supporting documents and provide explanations for audit requests for consolidated and stand-alone financial statements (as applicable)
- Prepare intercompany reports
- Aid in testing and analysis for any new trade system implementations
- Document and update desk procedures for assigned tasks
Requirements
- Bachelor’s degree in accounting or finance or a minimum of 21 hours of accounting with a business degree
- Exceptional analytical and organizational skills
- 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
- Collaborative 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
- Ability to anticipate issues and how they impact the team or other stakeholders, and act on them in advance
- Ability to learn quickly and adapt and manage multiple priorities in a rapidly changing dynamic environment
- Fundamental accounting skills: general ledger, accounts payable, accounts receivable, and account reconciliations
- Working proficiency and knowledge in Excel, including mining/manipulating data
- Initiative to consistently meet internal and external deadlines
Qualifications
- Experience working in a trading system, such as Horizon and OATI, is a plus
- Knowledge of gas and power settlements
- Experience in the energy marketing industry (2+ years preferred)
- Accounting experience in energy supply and marketing
Skills
- Proficiency in SAP software application
Benefits
Our company offers a comprehensive benefits package designed to support the health, safety, and well-being of our employees. Details on specific benefits will be provided during the hiring process.
Pay
The salary range for this position is $60,000 - $80,000 annually, commensurate with experience.
Schedule
This position is full-time and works a standard 40-hour week.