EOG Resources

Financial Marketing Analyst II

Financial Marketing Analyst II
Notice info
LocationHouston, TX
Job Typefull time
On-site
Oil and Gas

About This Job

The primary responsibility of the Financial Marketing Analyst position is to timely and accurately and with limited oversight complete both a set list of tasks and assigned ad hoc marketing projects and communicate those results within the marketing department and, as needed, to different internal and external people or groups.

This position closely interacts with all aspects of the Marketing Department, such as contract administration, oil, gas, and NGL scheduling and downstream trading, division marketers, and more, as well as other groups, both within EOG Resources and externally. The ability to clearly identify, communicate, and resolve or offer potential resolution of issues is a critical skillset. Additionally, demonstrated ability to organize and analyze large sets of data and manage multiple tasks simultaneously will serve the ideal candidate well. Experience with ETRM system(s) and Microsoft Office, Excel & Power Point in particular, will also be a heavily weighted consideration.

Essential Functions And Principal Accountabilities

Timely and accurately manage & complete a desk of responsibilities that can occur weekly, monthly, quarterly, & annually. Desk responsibilities include but not limited to:

- 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

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

Job Requirements

Job Requirements

- Bachelor's degree required. Degree in Accounting or Finance preferred, however, other degrees may be considered.

- Minimum of 3 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

Position will be filled at a level commensurate with experience.

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

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