Settlements Analyst

at  South Bow

At South Bow, we do one thing, and we do it well: safely moving oil between some of the world’s most critical markets. We’re building our high-performing team with versatile thinkers who thrive on solving big challenges together. If you’re ready for a position where your skills are highly valued and your work is incredibly important, we want to meet you. Bring your talents to a new streamlined energy company, dedicated to operational, commercial and safety excellence as we pursue our critical purpose of delivering the energy people need. Â

THE OPPORTUNITYÂ

Our South Bow Controller team is looking to add an #EnergyProblemSolver in Calgary to support Internal and External Reporting for South Bow.
Reporting to the Manager, Internal and External Reporting we are seeking an experienced accounting professional for the Settlements Analyst for South Bow.Â
Consolidations is responsible for gathering and analyzing financial data from multiple business units and preparing accurate consolidated financial statements. This role supports the organization’s financial planning, reporting, and strategic decision-making processes.

QUALIFICATIONS

•   Bachelor’s degree in Finance, Business, Accounting, or a related field.
•   2+ years of experience in a settlement analyst or similar role within the oil and gas industry, preferably in a midstream context.
•   Strong analytical skills with a keen attention to detail.
•   Proficiency in Excel and experience with data management software; familiarity with ERP systems is a plus.
•   Excellent communication and interpersonal skills, with the ability to work effectively in a team-oriented environment.
•   Knowledge of oil and gas market dynamics and regulatory requirements is highly desirable.
To remain competitive, support our high-performance culture and allow for more flexibility in the way we work, we offer a hybrid work model and flexible dress code for our eligible office-based workforce.

ABOUT OUR BUSINESS

South Bow’s existing oil & liquids pipeline infrastructure connects Alberta crude oil supplies to U.S. refining markets in Illinois, Oklahoma, Texas and the U.S. Gulf Coast. Â We remain committed to meeting the energy needs of North Americans today, while advancing our Liquids Pipelines System for the demands of the future. Connecting growing Canadian and U.S. crude oil supply to key markets, leveraging existing assets and seeking new opportunities to continue to provide our customers with access to the destinations they need.
South Bow is an equal opportunity employer and participates in the E-Verify program supervised by the U.S. government.

•   Key Responsibilities
o   Review and analyze crude oil transactions to ensure all trades are accurately recorded and settled in accordance with contracts.
o   Generate and issue accurate invoices for crude oil transactions based on contractual terms, pricing agreements, and delivery details
o   Work closely with traders, finance, and operations teams to ensure seamless communication and coordination regarding settlement processes.
o   Process and analyze settlement data for Canadian and US oil and gas transactions, ensuring accuracy and compliance with company policies and industry regulations.
o   Collaborate with marketing and trading teams to reconcile discrepancies and resolve issues related to settlements.
o   Maintain and update settlement databases and documentation for timely and accurate record-keeping.
o   Prepare, review, and submit all necessary customs documentation for import and export activities, including invoices and shipping documents.
o   Assist in internal and external audits by providing necessary documentation and explanations regarding crude oil transactions and financial records.
o   Generate reports and present findings on settlement trends and performance metrics to management.
o   Participate in cross-functional projects and special initiatives as needed.