Job Description - Marketing Marine Accounting Supervisor (00033224)
Oxy is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.
Occidental strives to attract and retain talented employees by investing in their professional development and providing rewarding opportunities for personal growth. Our goal is to meet the highest employer standards by ensuring the health and safety of our employees, protecting the environment, and positively impacting communities where we do business.
Reporting to the Marketing Accounting Director and based in Houston, Texas, the Marketing Marine Accounting Supervisor will hold a highly visible position within the company and will assist the Accounting Director execute the accurate and timely reporting of accounting tasks and reporting.
The Marketing Marine Accounting Supervisor will build an established team with responsibility over the day-to-day volume actualizations and general accounting processes for the marketing businesses in the United States.
We are searching for an experienced candidate with strong interpersonal skills who is a hands-on leader. The candidate should be highly organized in order to lead a strong team in meeting deadlines and is technologically savvy to advise on financial accounting system design requirements.
The following are job duties expected of the Marketing Marine Accounting Supervisor:
- 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.
- 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.
Required Qualifications:
- 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.
- 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.
- Overtime will be required during critical times.
Relocation will not be provided.
Occidental does not offer sponsorship of employment-based nonimmigrant visa petitions for this role.
Occidental is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, marital status, political preference, sexual orientation, gender identity, national origin, protected veteran status, or disability status.
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