Ensure the recording of physical and financial revenue transactions, as well as reconciling clearing accounts are completed on time and accurately
Pipeline volume balancing and shipper balance validations
Liaise with Delivery and Reconciliation group ("DAR"), Marketing, and Scheduling in terms of producer royalty receipts, shipper volumes and pipeline inventory
Revenue and Pricing
Prepare and manage monthly Crude Oil Marketing-related accounting activities for the proper accrual and booking of Crude Oil transactions
Verify, balance, and record monthly single shipper buy/sells and lease sales
Liaising with other Royalty departments and Financial Accounting to ensure marketing transactions are accurately accounted for
Prepare and verify Field Pricing calculations used for invoicing royalty under/over deliveries and valuation
Inventory balancing and analysis of transportation costs and tariffs, including take or pay
Resolve any outstanding AR/AP issues with Finance and counterparties on a monthly basis and ensure that the accounts are in good standing and imbalances reconciled
Working with internal and external auditors as required
Other duties as required
Systems and General
System data integrity continually monitored and tested
Miscellaneous project work within the accounting and finance groups as deemed necessary
Develop rapport with counterparties, building relationships and trust
Candidate Attributes, Professional Experience and Qualifications
The incumbent demonstrates an unwavering degree of the APMC values: performance, integrity, and collaboration. All APMC roles share the job competencies of adaptability, initiative, communication, interpersonal and results-driven; performance will be reflective of these competencies.
Strong understanding of the oil and gas industry and marketing accounting
Minimum of 5 years of direct relevant experience
Advanced education in Accounting or Economics:
+ Designated accountant - CPA, CA, CGA, CMA is preferred, or equivalent direct relevant industry experience
+ CAPPA certificate Solid understanding of complex and/or cross-border marketing arrangements
Proven team player with the ability to develop and maintain collaborative working relationships, while demonstrating a high level of cooperation and mutual respect
An appreciation for tight deadlines
Strong attention to detail and highly organized
Ability to think on feet and adapt to situations
Advanced proficiency with Microsoft Office Suite (e.g.: Excel, Word, Visio, PowerPoint, Outlook, SharePoint) and marketing software
About APMC
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The APMC was created in 1974 under the Petroleum Marketing Act and is an agent of the Crown working to enhance the value of Alberta's petroleum resources. On behalf of the Government of Alberta, APMC executes on the government's direction and currently manages: the marketing of the royalty share of petroleum resources; Alberta's stake in the Sturgeon Refinery; development of business opportunities to support and enable industry growth; execution of commercial petroleum ventures that benefit Alberta and acts in an advisory capacity on opportunities and issues related to the petroleum industry.
APMC is an arm's length corporation of the Government of Alberta with a team of highly professional staff dedicated to performance, accountability, and operating with a progressive, innovative lens in all we do, as Albertans and for the sake of all Albertans. We offer competitive remuneration including extended health & dental benefits, a health/wellness spending account, retirement contributions as well as a balanced understanding that your health and well-being is vital to the overall wellness and operation of our organization.
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