What are the responsibilities and job description for the Sr. Financial Marketing Analyst position at EOG Resources?
- 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
In addition to desk responsibilities, the Financial Marketing Analyst role is expected to assist Marketing and other internal EOG groups with various marketing specific analysis as the need arises and to apply business acumen to generally improve the position, group, and company. The expectations include, but are not limited to:
- 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
- Bachelor's degree required. Degree in Accounting or Finance preferred, however, other degrees may be considered.
- 7 years' experience in oil and gas accounting; 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 pro-active and work effectively with others in the organization
EOG Resources is an Equal Opportunity Employer, including Veterans and Disabled.