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Sr. Financial Accountant - Policy & Controls

Date: Mar 13, 2023

Location: Houston, TX, US

Company: Apache Corporation

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. 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 diversity and inclusion benefits our individual employees, our company and our external stakeholders; we are better as an organization when various 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.


This is a hybrid role combining work from our Houston office with working from home.

Specific Responsibilities


The Senior Financial Accountant for Apache Corporation will be a member of Apache’s Accounting Policy & Controls team who is responsible for various tasks within accounting including but not limited to:


•    Taking ownership of Apache’s system of internal controls and quarterly sub-certification processes
•    Communicating with all Vice Presidents and control owners in the Company on a quarterly basis to verify sign-off on various accounting issues and control assessments.
•    Enhancing Apache’s compliance process and facilitating greater visibility of internal controls across the Company
•    Working with control owners to ensure internal controls stay relevant as systems and processes change
•    Routinely collaborating with Internal and external auditors to improve the control environment
•    Monitor and manage the lease accounting process in accordance with ASC 842
•    Maintain good relationships with business contacts throughout the Company to ensure completeness and accuracy of our leases
•    Assist in the set up and training of new users of our lease accounting software (Nakisa)
•    Evaluate new contracts to identify leases and ensure appropriate accounting treatment
•    Review entries interfaced from Nakisa to SAP to ensure completeness and accuracy
•    Work closely with IT to enhance Nakisa and resolve issues as they come up
•    Monitor standard-setters for latest accounting regulations, analyzes impact of new/emerging regulations on the Company, and ensure appropriate application and disclosure
•    Assist in implementation of new regulations and pronouncements
•    Work closely with the Corporate Accounting department in review of SEC filings to ensure compliance with US GAAP
•    Complete various GAAP checklists and attends disclosure review meetings to ensure completeness and accuracy of Apache’s disclosures in SEC filings
•    Help prepare certain disclosures for SEC filings, including new accounting pronouncements,  annual commitments disclosure, pension & postretirement benefits and related parties
•    Review investor relations presentations, press releases, Proxy and other publications before they are released to ensure compliance with SEC regulations and consistency with SEC filings
•    Develops accounting policies and procedures for various accounting functions and promote their consistent application throughout Apache  
•    Work with others in the Finance organization to interpret existing accounting policies and determine how they apply to new transactions
•    Assist with Special Projects as needed

Qualifications & Experience

•    A Bachelor’s degree in Accounting or related business field with three plus years of progressive accounting experience required, preferably in public accounting or relevant industry 
•    CPA (preferred) 
•    Knowledge of Microsoft Word, Excel, and Outlook
•    Outstanding communication, interpersonal, management, administrative, organizational, and leadership skills
•    Experience implementing sound decisions when faced with multi-faceted problems



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.

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.



Nearest Major Market: Houston

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