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Occidental Petroleum Financial Analyst in Houston, Texas

Title: Financial Analyst Location: United States-Texas-Houston Other Locations:


Occidental Petroleum Corporation (NYSE: OXY) is an international oil and gas exploration and production company, and its OxyChem subsidiary is a major North American chemical manufacturer. We are one of the largest U.S. oil and gas companies, based on equity market capitalization, with more than 40,000 employees and contractors worldwide.

Our greatest asset has been and will continue to be our people. We are looking for an experienced and motivated individual to fill the position of Financial Analyst within our Accounting & Finance Department based in Houston, TX.

Essential Functions:

  • Calculate monthly capital and operating expense accruals for Asset Teams

  • Calculate monthly production and revenue accruals (oil, gas and NGL) for Asset Teams

  • Report monthly sales volumes for Asset Teams

  • Assure compliance with SOX 404 controls and business unit compliance with company policies and procedures

  • Ensure timely and accurate processing of allocations, production pricing, and sales data for purposes of financial reporting and royalty owner payments

  • Problem solving, analytical thinking and communicating with other departments as necessary to accomplish accounting objectives

  • Analyze actual financial results and explain variances from outlook and budget and prepare monthly reports and outlook estimates

  • Coordinate with Team Leads, Financial Analysts and others on updating/revising outlooks

  • Responsible for monthly closing activities, including preparation of journal entries, variance analysis, cost driver reports, reconciliations, and other required reporting

  • Assist in managing capital programs by coordinating preparation of internal and supplemental AFEs, cost tracking, variance analysis, accruals and facilitate the project closing process

  • Assist in the annual planning cycle including Business Plan, Annual Targets, and Performance Management Reports

  • Provide accounting/finance technical support to business unit as needed


Required Qualifications

  • Bachelor’s Degree in Accounting or Finance with at least 21 hours of accounting

  • A minimum of 2 years of related professional work experience

  • Self-motivated and hardworking individual

  • Strong analytical and communication skills; comfortable dealing with peers and management

  • Establishes and maintains effective relationships with peers

  • Ability to successfully manage multiple tasks and meet short deadlines

  • Willing to work after hours as needed in order to meet deadlines

  • Seeks additional responsibilities as learning progression occurs

  • Continuing development in functional/technical skills

  • Adapts well to changes in responsibilities and workloads

  • Good problem solving and time management skills

  • Intermediate to advanced Microsoft Excel skills

Desired Qualification

  • Oil and Gas accounting experience

  • Oracle and Hyperion Reporting knowledge a plus

  • Financial modeling/valuation experience a plus

  • CPA/MBA/Public Accounting experience a plus

Oxy is an Equal Opportunity Employer/Individual with Disability/Veteran Status