Sr. Financial Marketing Analyst

EOG Resources, Inc.; United States; On-site; USD 95,000 - 135,000; Full time

Benefits offered by this job

Equal Opportunity Employer

Job summary

EOG Resources, Inc. is seeking a senior financial professional to forecast marketing expenses for oil, gas, and NGLs and to reconcile forecasted vs actual settlements with accounting functions.

The role includes hedge book support, monthly settlements, and reporting to Marketing management. Requires 7+ years in oil and gas accounting, with strong analytical and Excel abilities.

Qualifications

• Bachelor's degree in Accounting or Finance.
• 7+ years' experience in oil and gas accounting.
• Analytical reporting and special projects experience.
• Excellent communication skills, written and spoken.
• Strong Excel skills and data analysis.
• Experience with midstream or revenue accounting is a plus.

Responsibilities

• Forecast marketing expenses and pricing for oil, natural gas, and NGLs.
• Analyze forecast vs. actual settlements and reconcile with accounting teams.
• Assist with hedge book management; monthly settlements and reporting.
• Monitor oil volume reports and confirm reconciliations with division production accounting.
• Review oil invoices for contractual terms and input data into Allegro ETRM.
• Analyze gas processing agreements and potential new G&P agreements.
• Prepare formal reporting of results to Marketing management.
• Develop and improve reporting to support operations and decisions.

Skills

Analytical reporting

Excel skills

Communication

Proactive collaborator

Oil & gas accounting

Financial analysis

Education

Bachelor's degree in Accounting or Finance

Tools

Allegro ETRM

Job description

Details

• Forecasting of marketing specific expenses and pricing received for marketed production of oil, natural gas, and NGLs
• Analyze differences between forecasted values and actual settlements, work closely with EOG accounting teams to reconcile those differences, and communicate results within Marketing and other groups within EOG
• Assist with management of hedge book; monthly settlement of positions, analysis of & reporting on outstanding positions, and communicating critical or requested information to groups within EOG
• Assist in oil volume control by actively monitoring certain reports, completing monthly processes, and confirming certain reconciliations have been completed by division production accounting teams
• Review and analysis of oil related invoices to ensure that we are billed in accordance with contractual terms; input invoice data into EOG’s ETRM system (Allegro) to reflect physical flow of the oil and use that information and Allegro to complete a division balance and generate invoices
• Analysis of gas processing agreements to ensure we are billed in accordance with contractual terms; leverage knowledge of gas processing agreements to assist with analysis of potential new G&P agreements, ethane election modeling, etc.
• Formal reporting and communication of results in key aspects of the business to Marketing management

Marginal Functions

• Analysis of historical & forward pricing for various marketed commodities in specific geographic areas
• Analysis of oil and natural gas macro trends
• Assist division marketers with analysis surrounding new gas gathering & processing (G&P) agreements and historical lookbacks of existing G&P portfolio
• Analyze and model proposed midstream investments
• Develop new reporting or improve existing reporting to convey key information to improve operations and business decisions

Job Requirements

• Bachelor’s degree required. Degree in Accounting or Finance preferred, however, other degrees may be considered.
• 7+ years’ experience in oil and gas accounting; financial analyst experience preferred. Midstream or revenue accounting experience a plus.
• Analytical reporting and special projects experience
• Demonstrated analytical skills
• Excellent communication skills (oral and written)
• Excellent Computer skills with emphasis in Excel
• Ability to be proactive and work effectively with others in the organization

Position will be filled at a level commensurate with experience.

EOG Resources is an Equal Opportunity Employer, including Veterans and Disabled.