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Senior Settlements Analyst - Crude Oil

Buckhead Midstream

Houston, TX

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JOB DETAILS
JOB TYPE
Full-time
SKILLS
Accounting, Accounting Close, Accounts Payable, Accounts Receivable, Analysis Skills, Automation, Billing, Communication Skills, Continuous Improvement, Cross-Functional, Crude Oil, Crude Oil Analysis, Data Analysis, Detail Oriented, Document Management, Economics, Energy Management, Finance, Internal Audit, Interpersonal Skills, Leadership, Logistics, Maintain Compliance, Mentoring, Microsoft Excel, Microsoft Visual Basic for Applications (VBA), Multitasking, Organizational Skills, Pivot Tables, Power BI, Pricing, Problem Solving Skills, Process Improvement, Reconciliation, Regulatory Compliance, Regulatory Requirements, Risk, Sales, Systems Administration/Management, Team Lead/Manager, Team Player, Time Management
LOCATION
Houston, TX
POSTED
29 days ago
Position Summary:
We are seeking a highly skilled and detail-oriented Senior Settlements Analyst – Crude Oil to join our team. This role is responsible for the accurate and timely settlement of crude oil transactions, ensuring compliance with contractual terms, regulatory requirements, and internal controls. The ideal candidate brings deep industry knowledge, strong analytical capabilities, and experience working across trading, scheduling, and accounting functions.
Key Responsibilities:
  • Manage end-to-end settlement processes for physical crude oil transactions, including trucks, pipeline, marine, and terminal movements
  • Review, interpret, and apply complex crude oil contracts (purchase and sale agreements, transportation agreements, tariffs, etc.)
  • Calculate and validate pricing, volumes, quality differentials, fees, and tariffs
  • Reconcile discrepancies between counterparties, internal systems, and third-party statements
  • Prepare and issue invoices, monitor receivables/payables, and resolve settlement disputes
  • Coordinate closely with trading, scheduling, risk, and accounting teams to ensure accurate transaction capture and reporting
  • Ensure compliance with internal controls, audit requirements, and regulatory standards
  • Support month-end close processes, including accruals and reporting
  • Maintain and improve settlement processes, controls, and documentation
  • Assist in system implementations, upgrades, and process automation initiatives
  • Provide mentorship and guidance to junior analysts
Required Qualifications:
  • Bachelor’s degree in Finance, Accounting, Economics, Energy Management, or related field
  • 5+ years of experience in crude oil settlements, trading operations, or energy accounting
  • Strong understanding of physical crude oil markets, logistics, and pricing mechanisms (e.g., WTI, Brent, Argus, Platts)
  • Experience with pipeline and terminal operations, tariffs, and measurement standards
  • Proficiency in Microsoft Excel (advanced functions, pivot tables, data analysis)
  • Strong analytical, problem-solving, and reconciliation skills
  • Excellent attention to detail and organizational skills
  • Ability to manage multiple priorities in a fast-paced environment
Preferred Qualifications:
  • 3-5 years of experience leading a small team
  • Experience with ETRM/CTRM systems (e.g., WolfePak or similar)
  • Knowledge of U.S. crude oil regulatory frameworks and compliance requirements
  • Familiarity with automation tools (e.g., Power BI, Alteryx, VBA)
Key Competencies:
  • Strong communication and interpersonal skills
  • Ability to work cross-functionally with commercial and operational teams
  • High level of integrity and accountability
  • Proactive mindset with continuous improvement focus
Why Join Us:
  • Competitive compensation and performance-based bonus
  • Comprehensive benefits package
  • Opportunity to work in a dynamic, growth-oriented energy trading environment
  • Collaborative and high-performing team culture

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About the Company

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Buckhead Midstream

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