Accountant - The Woodlands, United States - Exaways Corporation
Description
Accountant
1. 10+ years of specific midstream operations (gas plant) accounting experience.
- Either TIPS or W Energy (Waterfield) experience required (preferably W Energy).
- In-depth understanding of midstream allocation and settlement processes.
- Variance analysis experience at the margin level (revenues, cost of product, imbalances, ASC 606).
- 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
Salary:
$90, $115,000.00 per year
Schedule:
- Monday to Friday
Ability to Relocate:
- Woodlands, TX: Relocate before starting work (required)
Work Location:
In person
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