This position is responsible for providing cost control support to the Drilling and Completions Team and ensuring that project costs are accurate, traceable, and are paid in a timely manner while Accounting, Audit, and SCM Departments to perform billing tracking, and receivable procedures. Prepares well cost reconciliations, pre-VOW information and investigates cost variances in prep execution reports (PER).
RESPONSIBILITIES
Responsible for coding, tracking and vendor interfacing for the Drilling and Completions Department invoices (paper and electronic) to ensure approval for payment in a timely manner and when due
Responsible for matching delivery tickets to invoices and reviewing for accuracy.
Prepares end of well accounting reports for field estimate verification.
Assists with material audit exceptions for Drilling projects.
Performs total well cost reconciliations
Investigates cost variances in preparation for the Execution report (PER)
Prepares cost related information for VOW
Prepares reports and forms as required
Maintains database records related to well cost
Administrates the distribution and approval process of all MOCs generated by the group
Receives DSM/WSM paperwork. Files, codes and distributes this paperwork as appropriate.
Participate as an integral part of the Contract Management Team (i.e.; Attend Service Quality Meetings for assigned Contracts).
Responsible for weekly AFE updates
Participates on Special Teams, as needed
Assists with Department material reconciliation
Develops, maintains and provides support for material purchase order system
Coordinates daily benchmarking updates and posts accordingly
Assists HES Coordinator with regulatory work
Acts as a resource to other drilling organizations within the Company
Assists with audit requests from Accounting
Assists in resolving discrepancies between the field estimate and the actual project cost
QUALIFICATIONS
Bachelor's Degree in Accounting or Business Administration
Minimum of 3 years' experience in Finance
Knowledge of rig processes
Demonstrated knowledge of electronic invoicing system
Working knowledge of Oxy's accounting process
Good communication and listening skills
Ability to research and analyze cost control mechanisms
Knowledgeable in Word, Excel, PowerPoint, and various software
Good analytical skills
Ability to work accurately under pressure
Team player
Ability to work at all levels within the organization, from management to DSM's Good working relationship with accounting personnel
