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Financial analyst in oil and gas industry

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  #11 (permalink)  
Old 04-01-2021, 01:04 PM
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Didn't know ExxonMobil is hiring again. (and yes, 100% sure it is Exxon).

You don't need deep industry specific knowledge. You'll learn as you go. Just need to briefly know the overall value chain and how the business functions linked together once you join.

You'll probably be doing lots of work pulling data from SAP performing the analysis based on those.

Working hours wise it is definitely much better than big 4. But expect to work OT around the April/May period.

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Old 04-01-2021, 05:19 PM
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Quote:
Originally Posted by megalomaniac View Post
Didn't know ExxonMobil is hiring again. (and yes, 100% sure it is Exxon).

You don't need deep industry specific knowledge. You'll learn as you go. Just need to briefly know the overall value chain and how the business functions linked together once you join.

You'll probably be doing lots of work pulling data from SAP performing the analysis based on those.

Working hours wise it is definitely much better than big 4. But expect to work OT around the April/May period.
Hey, thanks for your input.
Why OT during April/May period though?

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Old 04-01-2021, 05:22 PM
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Quote:
Originally Posted by sgocean View Post
Hey, thanks for your input.
Why OT during April/May period though?
Planning & budgeting cycle

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Old 04-01-2021, 08:09 PM
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Quote:
Originally Posted by megalomaniac View Post
Planning & budgeting cycle
I see, thanks. Is there anything else I should know? Lol. Iím not even familiar with the accounting treatment for O&G.

Also just to get a sense of where my pay level is at, you mind to share roughly how much youíre getting at the oil major youíre working for?

Thanks!
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Old 04-01-2021, 08:49 PM
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Quote:
Originally Posted by sgocean View Post
I see, thanks. Is there anything else I should know? Lol. Iím not even familiar with the accounting treatment for O&G.

Also just to get a sense of where my pay level is at, you mind to share roughly how much youíre getting at the oil major youíre working for?

Thanks!
You are at the lower end in the corporate function. Don't think you are earning alot. Your colleagues will pwn u
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Old 04-01-2021, 09:37 PM
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Quote:
Originally Posted by sgocean View Post
I see, thanks. Is there anything else I should know? Lol. Iím not even familiar with the accounting treatment for O&G.

Also just to get a sense of where my pay level is at, you mind to share roughly how much youíre getting at the oil major youíre working for?

Thanks!
Nothing specific as it is mostly OTJ. There are also internal systems/methods used by business lines in booking the costs and earnings, so you'll have exposure to that after you join. I don't think you need to worry too much about industry specifics at the moment.

I'm an entry level analyst, making around 1k less than your offer.
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Old 04-01-2021, 09:39 PM
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You are at the lower end in the corporate function. Don't think you are earning alot. Your colleagues will pwn u
Pretty sure OP isn't very senior. Pay rises with seniority. It's standard for the industry at this level.
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  #18 (permalink)  
Old 13-01-2021, 11:07 AM
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Default hiring process

hi OP, appreciate if you can share on the hiring process from interview to offer made to signing of contract and the timeline? will be going for similar interview here and hope to take reference. thanks!
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Old 25-03-2021, 06:50 AM
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I'm not sure if I would involve myself into the oil industry at the moment. I mean the prices are getting higher every day since the recovery from the pandemic is in the horizon. However, the amount of job cards that many of the companies have announced is something alarming to me. I'm just stating this since I'm planning to invest my money into different industries and the other one is not my preferable choice. Even my financial coach agreed with me. He suggested investments in anything related to online e-commerce and crypto coins as it's the future.
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