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We are looking for a Financial Analyst to support crude oil settlement activities in Houston, Texas. This position focuses on ensuring transactions are recorded, validated, and settled accurately while partnering with commercial, operational, and accounting teams. The ideal candidate brings strong analytical judgment, experience in energy-related financial processes, and the ability to manage complex data and contract terms in a fast-moving environment.
Job Responsibility
Oversee the full settlement cycle for physical crude oil transactions across transportation and storage channels, ensuring timely and accurate processing
Examine contract terms and commercial agreements to determine the correct application of pricing structures, fees, quality adjustments, and transportation charges
Verify transaction details by analyzing volumes, market pricing inputs, tariff schedules, and related financial calculations
Investigate and resolve variances by reconciling internal records with counterparty documentation and external statements
Prepare billing and settlement documentation, track outstanding balances, and coordinate follow-up on payment issues or disputed items
Partner with trading, scheduling, risk, and accounting teams to confirm complete transaction capture and reliable financial reporting
Contribute to month-end activities by supporting accrual preparation, account analysis, and settlement-related reporting requirements
Strengthen operational controls by documenting procedures, improving workflows, and assisting with process automation or system enhancement efforts
Provide day-to-day guidance to less experienced team members and promote consistent settlement practices across the group
Requirements
Bachelor's degree in Finance, Accounting, Economics, Energy Management, or a related discipline
At least 5 years of experience in crude oil settlements, trading operations, energy accounting, or a closely related area
Working knowledge of physical crude oil markets, logistics flows, and common industry pricing benchmarks
Experience interpreting transportation terms, terminal charges, tariffs, and measurement-related documentation
Advanced Microsoft Excel skills, including data analysis, pivot tables, and complex spreadsheet functions
Strong analytical and reconciliation abilities with a high level of accuracy and attention to detail
Ability to prioritize multiple deadlines and work effectively in a fast-paced, cross-functional environment
Clear communication skills and a proactive approach to problem-solving and process improvement