Occidental Petroleum

Sr Accountant

Posted on: 28 Jun 2021

Houston, TX

Job Description

The following are job duties expected of the Sr. Accountant in the Carbon Accounting group:

Assist in development, implementation and auditing of carbon accounting policies and applicable international, national, federal, regional and state carbon accounting laws, regulations and standards and applicable industry, contractual or voluntary protocols.
Perform allocation of GHG emissions, including but not limited to carbon dioxide (CO2), methane, CO2-equivalent, by analyzing production data, meters and air quality reports.
Reconcile GHG emissions and associated offsets or credits, including those under Internal Revenue Code Section 45Q, the California Low Carbon Fuel Standard, Emission Reduction Credits for various compounds, and Renewable Energy Credits, among others.
Work with Oxy Low Carbon Ventures and Operations to ensure completeness and accuracy of GHG offsets and credits in internal systems, external verification and transactions.
Analyze inventory and explain variances in emissions, offsets and credits
Provide support and assistance to the settlements team and operations to research and resolve prior period discrepancies.
Reconcile offsets and credits with our technical accounting and revenue accounting groups and resolve discrepancies in a timely manner.
Collaborate with project teams, product control, revenue accounting and Operations to improve processes and provide reliable analysis.
Reconciliation of general ledger accounts for inventory and related costs in conjunction with technical accounting.
Review and record monthly journal entries to the general ledger for purchases, sales and fees associated with offsets or credits.
Gather supporting documents and provide explanations for internal and external verification and audit requests.
Document and update desk procedures for assigned tasks.

Bachelor’s or higher degree in accounting or finance, business or engineering.

Minimum of 5 years related work experience in the energy industry.
Thorough knowledge of GHG emission credits, offsets and trading programs, including at the California Air Resources Board.
Proficiency with accounting systems including with SAP and Allegro
Interpersonal and communication skills with an ability to relate effectively across all levels of the organization and with business partners.
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
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
Employ fundamental accounting skills: general ledger, accounts payable, accounts receivable and account reconciliations
Working proficiency and knowledge in Excel, i.e. mining/manipulating data. Experience with modeling and/or creating macros a plus.
Initiative to consistently meet internal and external deadlines
Overtime will be required during critical times.

Registration as a Certified Public Accountant.

Experience in the upstream and midstream oil and natural gas industry sectors.
Experience in project management and process improvement.

Occidental Petroleum

Houston, TX

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene.

The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

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