Crude Operations & Settlements Analyst

The Crude Operations Support Analyst is responsible for accurately recording, tracking, and settling crude oil transactions from purchase to final destination. The team ensures each movement is promptly and correctly captured in our systems. Collectively, the team reconciles and settles all crude activities assigned to the analyst desk. The Crude Operations Support Analyst is expected to ‘own the molecule,’ possessing a comprehensive understanding of the operational and commercial implications of the data they handle. This critical role within the Crude Trading Operations organization requires managing losses, preventing profit leakage, and providing thorough analysis and reporting on crude movements.

What you’ll be doing

• Responsible for scheduling and running monthly loss gain meetings, including reporting of loss and gains to trade book, pending action items in Endur, unsettled events/bad debt.
• Ability to manage complex contracts and counterparties (e.g., Counterparties with lease, pipeline, bulk contracts, Tiered pricing).
• Ability to support checkouts and review reporting with team.
• Assist Lease Admin and commercial on LPS closing issues and complex pricing.
• Record and track the physical movement of crude oil.
• Ensure timely and accurate data entry into systems.
• Reconcile and settle all crude activities.
• Understand the operations and commercial implications behind the data.
• Manage losses and prevent profit leakage.
• Ability to understand contractual components, including complex pricing deals and quality banks as well as pipeline systems.
• Understanding the analysis of allocated volumes and revisions to ensure data integrity.
• Analysis and verification of complex accounting deals, quarterly quality bank statements, and pipeline statements.
• Operate monthly Sox Controls.
• Analysis/research of unsettled items in LPS, Endur and TSAP.
• Analyze and report on all aspects of crude movements.
• Assisting the financial closing team in the review of significant differences between forecasted and actual volume.
• Reconciliation of STUSCO’s inventory balances to third party statements.
• Identifying root cause of problems and taking proper action to resolve them.
• Pursue collections with counterparties for disputed outstanding receivables and analysis of payables where applicable.
• Ability to work beyond normal business hours during monthly close and at times of increased commercial business.

What you bring

• The candidate must have legal authorization to work in the US on a full-time basis.
• Bachelor's degree preferred with 3 or more years of professional work experience.
• Expertise in at least one of these programs and a high level in understanding of the others (LPS, ENDUR, TSAP) preferred.
• Ability to manage complex contracts and counterparties preferred.
• Ability to resolve volumetric discrepancies related to crude oil movements preferred.

What we offer

The base salary range for this position is $95,000 - $143,000 per year. Individual pay will be based on various factors such as relevant work experience, education, certifications, skill level, seniority, and internal equity.

For regular full-time or regular part-time employees of the Company, insurance coverage options include medical, dental, vision coverage, life Insurance, Business Travel Accident Insurance, and Occupational Accidental Death Benefit programs. Employees also participate in a company pension plan and a 401(k) plan. Paid leave includes up to 6 weeks of paid vacation time, up to 11 paid holidays, and parental leave offering 16 weeks of paid leave for birthing parents, and 8 weeks of paid leave for non-birthing parents. Additionally, employees are eligible for short-term disability leave for up to 26 weeks at 100% or 50% of base pay as well as Long-Term Disability insurance. Shell also offers other compensation such as financial reimbursement for adoption, wellness, education, and personal learning expenses, and some roles are eligible for discretionary long-term incentives.

Required skills

• Contract Management
• Data Analysis

Required languages

• English

Shell participates in E-Verify. All qualified applicants will receive consideration for employment without regard to race, color, sex, national origin, age, religion, disability, sexual orientation, gender identity, protected veteran status, citizenship, genetic information or other protected status under federal, state or local laws. Shell is an Equal Opportunity Employer.