Specific Responsibilities
The Internal Audit Advisor for Apache Corporation will be a member of Apache’s Forensic and Shared Audit Services department at the company’s Houston office reporting to the Forensic & Shared Audit Services Director.
This role will be primarily responsible for the following:
- Revenue Audits
- Plan, lead, and/or perform revenue-related audits involving gas processing plants, oil and gas purchasers, revenue product allocation, battery/site security, marketing arrangements, and related M&A activity.
- Obtain and analyze contracts and supporting documentation, including volume, pipeline and plant statements; remittance and settlement detail; imbalance, payout, nomination, and processing-election information; flow diagrams, schematics, maps, and correspondence.
- Identify risks, develop audit scope and procedures, perform testing, and use Excel, system queries, and other data analytics to quantify audit issues and recoveries.
- Joint Venture Audit Performance
- Analyze Joint Account Data Exchange (JADE), joint interest billings, Joint Operating Agreements, Accounting Procedures, COPAS guidance, AFEs, and supporting records to establish audit scope and evaluate chargeability.
- Conduct audits, issue clear Information Requests and Preliminary Exceptions, prepare concise audit reports and rebuttals, and track exceptions and credits through final resolution.
- Joint Venture Audit Hosting
- Coordinate and support audits performed by non-operating partners, including scheduling, data gathering, information-request responses, preliminary-exception analysis, rebuttals, and resolution of claims.
- Use relevant company systems and data sources to reconcile audit support, including joint interest billings to JADE, and work with Accounting, Payroll, Operations, Supply Chain, and other groups to substantiate charges.
- Calculate and facilitate appropriate credits to Joint Accounts and maintain workpapers supporting responses, conclusions, and final resolution.
- General Audit Responsibilities
- Prepare organized workpapers, clear and comprehensive internal and external reports, and management updates on audit status, recoveries, and outstanding issues.
- Lead or participate in meetings with auditees, business stakeholders, and management; communicate findings, recommendations, and technical conclusions in a constructive, business-focused manner.
- Perform special projects and provide subject-matter guidance as assigned by management.
Qualifications & Experience
The successful candidate will have the following qualifications and experience:
- Education
- Bachelor’s degree in accounting, finance, gas marketing or another related field.
- Experience
- Relevant experience in the oil and gas industry.
- Relevant experience may be in revenue or marketing accounting, gas processing or commercial operations, measurement, joint venture or expenditure accounting, capital accounting, operations, or audit.
- Prior revenue audit, joint venture audit performance, or joint venture audit hosting experience is strongly preferred. For internal candidates, directly relevant operational, commercial, accounting, or business experience may be considered in lieu of prior audit experience.
- Skills
- Comprehensive oil and gas industry knowledge, with the ability to understand how operations, measurement, commercial arrangements, accounting, and contracts affect revenue or Joint Account outcomes.
- Knowledge of revenue accounting, marketing, measurement, field flow, processing, and/or joint venture expenditure accounting, capital accounting, Joint Operating Agreements, Accounting Procedures, and COPAS guidance, as applicable to the assigned portfolio.
- Strong analytical, problem-solving, and root-cause-analysis skills; ability to translate complex data and contractual or accounting concepts into clear conclusions and quantifiable results.
- Excellent written and verbal communication skills, including the ability to prepare persuasive, concise audit correspondence and work effectively with internal and external stakeholders.
- Ability to influence, gain trust, and manage complex projects independently while maintaining a collaborative, team-oriented approach.
- Advanced Excel and data-analysis capability. Experience with SAP is strongly preferred; knowledge of relevant systems such as DataNow, Ariba, Fieldglass, AFENav, Concur, WellView, or comparable systems is desirable.
- Ability to travel domestically and internationally, as business needs require.
Competencies
The successful candidate should demonstrate and exhibit the following core competencies:
- Communication: Writes, speaks, and presents information effectively and persuasively across communication setting;
- Results: Pursues work with energy, drive, and results orientation to positively impact Apache's business success;
- Collaboration: Works in partnership with others and encourages different perspectives, while building and maintaining trust; and
- Culture: Willingness and ability to align one's behavior with the needs, priorities, and goals of Apache.
Company Overview
Our primary product is energy, and where there is affordable, abundant energy, people are healthier, have access to better education, and are given greater opportunities to elevate their families to higher standards of living.
Nearly 3 billion people — roughly one-third of the global population — live without electricity or without clean cooking facilities. We are committed to providing energy in innovative and more sustainable ways to help raise the standard of living for those living in energy poverty and to meet the ongoing demands of people and economies around the world.
The products we deliver power increasingly cleaner electricity across the globe, fuel tractors and trucks, make fertilizer to keep the world's food supply on the table, and heat our schools, hospitals and businesses.
Our employees bring a wide range of talents and skills to the job every day to tackle complex business challenges. We believe in providing a truly rewarding work environment supported by a benefits platform that ranks among the best in our peer group. Our company offers career development opportunities where employees can grow personally and professionally. We promote employee benefits that cultivate a family-friendly work environment and focus on our employees' overall well-being.
We are committed to being a workplace where all employees are valued and can thrive with a sense of belonging. Our commitment to non-discriminatory, equal employment opportunities benefits our individual employees, our company and our external stakeholders; we are better as an organization when various experiences, ideas, and perspectives are brought to the table.
Apache Corporation is a wholly owned subsidiary of APA Corporation (NASDAQ:APA). Apache has operations in the United States, Egypt's Western Desert and the United Kingdom's North Sea and a sister company with exploration opportunities offshore Suriname. Whether supporting Apache, APA Corporation or one of its subsidiaries, team members are employed by Apache Corporation.
For additional information about APA Corporation, please visit:
Apache Statement on Hiring
To provide genuine equal opportunity to all people, it is the policy of Apache Corporation and its subsidiaries to base all employment-related decisions and actions exclusively on employment-related criteria. To provide genuine equal opportunity to all people, it is the policy of Apache Corporation and its subsidiaries to provide broad dissemination of job opportunities, as consistent with the nature of the positions. To provide genuine equal opportunity to all people, it is the policy of Apache Corporation and its subsidiaries to review its employment-related policies and actions on a regular basis to ensure that their application is consistent with their intent.