About the job Accountant
Salary: $ 115,000.00
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.
Prioritized Must Have Skills for the Accountant:
#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.
Responsibilities of the Accountant:
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. Requirements of the Accountant: 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. Other Key Requirements: 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 sponsorships or visa holders. Benefits of the Accountant: Medical Insurance Dental Insurance Retirement Plans About the Company:Cyfle is a global business dedicated to connecting talents worldwide. Our comprehensive RPO services, placement services, and training services help businesses unlock their full potential.