Sr Advisor Oil Accounting

Company: Enbridge Employee Services Inc
Location: Houston
Posted on: April 12, 2025

Job Description:

Posting End Date:
April 16, 2025

Employee Type:
Regular-Full time

Union/Non:
This is a non-union position

The Senior Advisor Crude Oil Accounting, is responsible for operational and financial accounting, analysis of results, settlement of commodity transactions, and adherence of policies and procedures in the Tidal USA - Crude Oil Accounting Department.

Tidal Energy Marketing is comprised of 4 business units (BU): Tidal Canada - Oil & NGLs, Tidal Canada - Natural Gas, Tidal Canada Power, and Tidal US - Oil. Each BU is supported by a team of finance/accounting professionals who perform accounting, commodity settlements, reporting, and control functions.

We provide career growth opportunities, skill development, and competitive benefits including generous time off. Apply now to join our diverse team! #joinourteam

What You Will Do:

Collaboration

• Interface with Crude Oil Marketers/Traders to stay up to date on the day-to-day business, and changes in market.
  
• Work closely with immediate finance/accounting team to ensure deliverables and timelines are met.
  
• Participate in the training and development of the team, as well as advise on solutions to non-routine transactions.
  
• Support month-end reporting activities and monthly commodity settlements cycle.
  
• Develop effective and efficient solutions as the business evolves and grows.
  
  
  
  Accounting
  
  
  • Ensure timely settlement of commodity (crude oil) transactions, including tolls, and broker invoices.
    
  • Analyze and account for realized derivatives, inventory, normalization adjustments for derivatives and non-routine transactions.
    
  • Analysis and verification of revenue, cost of sales, and margins.
    
  • Ensure accuracy of inter-company accounting/tie-outs.
    
  • Verifies accuracy of tolls/tariffs, and shipper balances, and commodity settlements.
    
  • Prepares and inputs transactions into general ledger.
    
    
    
    Reporting
    
    
    • Assist in the development and maintenance of operational and financial reporting processes
      
    • Detailed analytical support to Front Office/Traders
      
    • Analysis to Corporate Financial Reporting, and external Auditors
      
    • Analyze ad-hoc data using Essbase and other analytical tools to explain front office results
      
      
      Who You Are:
      
      Required:
      
      
      • University degree in a related financial discipline (accounting, finance or financial risk management).
        
      • Professional accounting designation or equivalent.
        
      • 6 or more years of progressive working experience in a finance/accounting environment.
        
      • Effective communicator who can collaborate with colleagues outside of finance
        
      • Strong commercial focus with an understanding of commodity trading, and experience interacting with Traders/Marketers.
        
      • Demonstrated strong analytical abilities and willingness to learn and grow in new areas.
        
      • Demonstrated ability to organize and execute projects aimed at enhancing financial and system processes.
        
      • Working knowledge of financial reporting, oil marketing, and risk systems would be considered an asset (Oracle/Smartview/Egistix/OpenLink)
        
        
        
        Working Conditions:
        
        
        • Office environment
          
        • Tight reporting deadlines
          
        • Moderate overtime/flexibility required around reporting, close, and settlement cycles
          
          
          Flex Work Arrangements: Enbridge provides competitive workplace programs that differentiate us and offer flexibility to our team members. Enbridge's FlexWork (Hybrid Work Model) offers eligible employees the opportunity to work variable daily schedules with a flexible start and end time, to opt for a compressed workweek schedule, or the option to work from home on designated days. Role requirements determine your eligibility for each option. #LI-Hybrid
          
          Physical Requirements include but are not limited to:
          
          Grasping, kneeling, light - moderate lifting (objects up to 20 pounds), reaching above shoulder, repetitive motion, typing, sitting, standing, visual requirement (able to see screens, detect color coding, read fine print), hearing requirement and the ability to sit at a computer for long periods of time.
          
          Mental Requirements (Both Field & Office) include but are not limited to:
          
          Ability to: understand, remember and apply oral and/or written instructions or other information, understand complex problems and collaborate/explore alternative solutions, organize thoughts and ideas into understandable terminology, organize and prioritize work schedule on a short-term basis, make decisions which have moderate impact on the immediate work unit and monitor impact outside this area, understand and follow basic instructions and guidelines, complete routine forms, compose letters, outlines, memoranda and basic reports and communicate with individuals via telephone.
          
          Diversity and inclusion are important to us. Enbridge is an Equal Opportunity and Affirmative Action Employer .We are committed to providing employment opportunities to all qualified individuals, without regard to age, race, color, national or ethnic origin, religion, sex, sexual orientation, gender identity or expression, marital status, family status, veteran status, Indigenous/Native American status, or disability. Applicants with disabilities can request accessible formats, communication supports, or other accessibility assistance by contacting careers@enbridge.com .
          
          Information For Applicants:
          
          • Applications can be submitted via our online recruiting system only.
          • We appreciate your interest in working with us; however, only those applicants selected for interviews will be contacted.
          • Final candidates for this position may be required to undergo a security screening, including a criminal records check.
            
            To learn more about us, visit www.enbridge.com

Keywords: Enbridge Employee Services Inc, Houston , Sr Advisor Oil Accounting, Accounting, Auditing , Houston, Texas