Midstream Financial Analyst

Posted 13 Days Ago
Houston, TX, USA
In-Office
Mid level
Other
The Role
Prepare and analyze monthly, quarterly, and annual financial reports for Midstream & Marketing; perform variance and inventory/commodity margin analysis; support month-end close, balance sheet reconciliations, audits, and cross-functional financial reporting. Develop and enhance automated management reporting, dashboards, and analytics; investigate reconciling items and communicate drivers to management.
Summary Generated by Built In

Oxy producesmarkets and transports oil and natural gas to maximize value and provide resources fundamental to life. The company leverages its global leadership in carbon management to advance lower-carbon technologies and products. Headquartered in Houston, Oxy primarily operates in the United States, Middle East and North Africa. To learn more, visit Oxy

Oxy 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 our communities where we do business.

We are looking for an experienced and motivated individual to fill the position of Midstream Financial Analyst within our Midstream & Marketing group based in Houston, TX.

Key Responsibilities:

  • Prepare and analyze monthly, quarterly, and annual financial reports, including income statement and balance sheet analysis, with an emphasis on Midstream & Marketing activities
  • Strong ability to interpret large datasets and identify trends in market data
  • Conduct variance analysis compared to 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
  • Working closely with other departments in recording and analyzing financial data 
  • Assisting with internal and external audit requests, as well as other special projects 
  • Other duties as required

Required Qualifications:

  • Bachelor’s Degree in Accounting or related Finance degree 
  • 3-5 years Corporate Accounting Experience or 2-3 years of experience in Public Accounting
  • Strong analytical and communication skills 
  • Ability to successfully manage multiple tasks and meet short deadlines 
  • Prior experience in Midstream, Marketing, Energy, or Commodity-based businesses
  • Self-motivated and strong work ethic 
  • Ability to analyze data and reach own conclusions 
  • Exposure to forecasting, budget, outlook, or planning processes
  • Experience with inventory valuation or commodity margin analysis
  • Independent thinker with the ability to problem solve 
  • Takes accountability and strives to increase results 
  • Ability to work Overtime required for monthly closing activities

Desired Qualifications:

  • Midstream& Marketing Oil and Gas experience/background a plus 
  • Experience with SQL, Python, or data visualization tools (Tableau/Power BI) a plus
  • SAP & Microsoft Excel experience a plus 

Recruitment Fraud
 
It has come to our attention various individuals and/or organizations are contacting people falsely pretending to recruit on behalf of Oxy. Please be aware that these recruiting scams and communications do not originate nor are they associated with our recruitment process. All Oxy job postings and offers will require a completed application through our company website.
 
Oxy does not charge a fee at any stage of the recruiting process. We will never:
 
•  Ask you to pay for applications, interviews, meetings, processing, training or for any other fees
 
•  Use recruiting or placement agencies that charge candidates an advance fee of any kind or
 
•  Request personal information such as passport and bank account details at an early stage of our recruitment process.
 
We recommend against responding to unsolicited business propositions or offers from people you don't know. Do not disclose your personal or financial details. If you believe you have been the victim of a recruiting scam, please contact your local police department.

All qualified applicants will receive consideration for employment without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.

Skills Required

  • Bachelor's Degree in Accounting or related Finance degree
  • 3-5 years Corporate Accounting experience or 2-3 years Public Accounting experience
  • Strong analytical and communication skills
  • Ability to successfully manage multiple tasks and meet short deadlines
  • Prior experience in Midstream, Marketing, Energy, or Commodity-based businesses
  • Self-motivated with a strong work ethic
  • Ability to analyze data and reach independent conclusions
  • Exposure to forecasting, budget, outlook, or planning processes
  • Experience with inventory valuation or commodity margin analysis
  • Independent thinker with problem-solving ability
  • Takes accountability and strives to increase results
  • Ability to work overtime required for monthly closing activities
  • Midstream & Marketing Oil and Gas experience/background (listed as a plus)
  • Experience with SQL, Python, or data visualization tools (Tableau/Power BI) (listed as a plus)
  • SAP and Microsoft Excel experience (listed as a plus)
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The Company
HQ: Houston, TX
13,984 Employees

What We Do

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 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.

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