Accountant, Financial Reporting, Financial Analyst

We have partnered with a large Oil and Gas company in the The Woodlands, TX area to provide them with an Accountant. Please review the below description and let us know if you are interested.

#1. 10+ years of specific midstream operations (gas plant) accounting experience.

#2. Either TIPS or W Energy (Waterfield) experience required (preferably W Energy).

#3. In-depth understanding of midstream allocation and settlement processes.

#4. Experience with how to apply producer gathering and processing contract terms and physical flow implications.

#5. Variance analysis experience at the margin level (revenues, cost of product, imbalances, ASC 606).

#6. Experience with allocations and producer settlements.

This role will primarily collaborate with producers, commercial development, operations and auditors regarding midstream producer allocations and settlements.

• Perform plant allocations and producer settlements for midstream assets.
• Record revenues, cost of product, and revenue recognition entries related to assigned assets.
• Prepare operational summaries (financials) which capture revenues, cost of product, volumes, pricing, operating expenses, and variance explanations.
• Account reconciliations.
• Performs financial variance analysis.
• Coordinate and lead projects. Recommends and implements efficiencies to streamline processes.
• Work closely with operations and commercial development to stay informed of physical flow changes and contract changes related to assigned assets.
• Review producer contracts to ensure all revenues and costs are being accounted for correctly.
• Prepare various monthly plant settlement reports and regulatory reports.
• Assist with internal and external customer inquiries, including auditors and producers.

• Bachelor degree in Accounting, Finance or Business administration.
• Have strong analytical and research skills, attention to detail, ability to multitask and work towards tight deadlines.
• Ability to interact and use influencing skills effectively with all levels of the organization, as well as with external representatives.
• Have flexible work attitude and ability to successfully manage changing priorities.
• Have knowledge and understanding of midstream accounting.
• Have strong verbal and written communication skills and ability to interact with employees and managers across the organization, as well as with external auditors and producers.
• Possesses advanced knowledge in analyzing and recommending solutions to complex problems.
• Demonstrates initiative by actively advising and updating management and colleagues on significant matters.
• At least 10 years of previous accounting experience.
• Experience in oil and gas industry is a requirement; midstream preferred.

• This position is not eligible for relocation.
• No travel required for this position.
• This position follows a hybrid schedule working in office Monday, Tuesday, Thursday and working remote Wednesday and Friday. Monday-Thursday are 9 hours and Fridays are 4 hours.
• No sponsor ships or visa holders.

• Medical Insurance
• Retirement Plans

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