ARTIFACT #7: Education & Responsibilities of Oil and Gas Business Professions

Financial Analyst: A business position within a company that collects, monitors and studies data in order to
recommend the companys next course of action
Job Responsibilities of a Financial Analyst:
- Calculate how much money went into engineering the equipment (Christmas trees, manifolds, wellheads),
how much human labor and time went into creating the equipment, and what material went into the
completion of the project.
- Logs in the time each employee spent on an oil and gas project into the APS System.
- Compares sales and cost of the product and purchases in order to calculate each of the different revenues for
the specific projects undertaken by the company
- Gathers the data from the quality check of the engineered products. Keeps the information from how well the
equipment the company engineered words in term of pressure, bullet proof, controls, and mechanics.
- Assists in preparing the companys financial statement. He utilizes the companys budget and spending to
keep track of the businesss performance and
Salary of a Financial Analyst:
- National average of salary: $63, 800.
- Approximation of lowest paid salary: $47,000
- Approximation of highest paid salary: $150,000
Education of a Senior Accountant:
- Bachelor in Accounting and a Bachelor in Finance.
Risk Analyst: A business position within a company that assess the areas of potential threat to a companys assets
and investments.
Job Responsibilities of a Risk Analyst:
- Work with the Distribution and Accounting sector of company to create a daily price position for
Petrochemicals
- Maintain the Risk Management Policy and the Marketing Position Report
- Generate monthly reconciliation of physical inventories and financial activity
- Measure current hedge levels and analyze the effectiveness of hedging strategies.
Salary of a Risk Analyst:
- National average of salary: $71,050
- Approximation of lowest paid salary: $37, 711
- Approximation of highest paid salary: $65, 435
Education of a Risk Analyst:
- Bachelor of Business Administration (Required)
- Master of Science in Accounting (Optional)
Senior Accountant: A business position within a company that requires recording, verifying, consolidating, and
entering the companys transactions
Job Responsibilities of a Senior Accountant:
- Lead and assist in the process of preparing companys annual budgets
- Coordinate where to distribute information regarding the companys operating expenses, use of project
resources, and labor use.
- Collaborate with business professionals and managers to resolve issues and promote partnership.
- Supervise other accountants
- Consolidate and analyze projects
Salary of a Senior Accountant:
- National average of salary: $69, 500
- Approximation of lowest paid salary: $55,000
- Approximation of highest paid salary: $88,000
Education of a Senior Accountant:
- Bachelor of Arts (B.A) Accounting