Plant Accountant
1 week ago
GENERAL DESCRIPTION OF POSITION
Canes Midstream is a private equity backed midstream oil and gas company with assets in the prolific Permian Basin. Canes Midstream operates the largest private greenfield gathering and processing system in the Southern Midland Basin. The Company is experiencing significant growth and seeking a Plant Accountant. The Plant Accountant is generally responsible for the full cycle plant settlement process, including working with producers, customers, and internal parties to provide the monthly invoicing, and journal entries associated with plant settlement. The Plant Accountant must continually strive to maintain the highest standards for excellence, leadership, and professionalism, while supporting the policies, goals, and objectives of Canes Midstream.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Assist with settlement through gas plant allocation system (Waterfield)
- Generate monthly statements, including imbalance/cashouts, producer settlements, margin tie outs, and downstream sales invoicing for review
- Prepare monthly accruals and journal entry uploads to be approved through OGSYS
- Help to reconcile accounts on a monthly basis
- Track Producer and Customer AR/AP
- Handle the daily crude volume and allocations; along with final settlements
- Analyze volumetric and financial results/trends and explain variances
- Work with Director of Plant Accounting for periodic contract audits and implementation
- Communicate with operations, business development and external parties that are critical to perform job responsibilities
- Meet all critical closing deadlines
- Perform any other related duties as requested or assigned by supervisor
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability(ies) required.
- Plant and gas balancing knowledge required
- Strong knowledge of accounting transactions related to gas processing plants
- Ability to communicate and interact well with other departments
- Excellent communication, technology, and analytical skills
- Team player who works well with others both within and outside the organization
EDUCATION AND EXPERIENCE
- Accounting undergraduate degree required
- Waterfield system experience a plus
- OGSYS system experience a plus
- Proficient in Excel, including pivot table usage
PHYSICAL ACTIVITIES
The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.
Physical requirements of this position are: Light or sedentary work and the worker sits most of the time, the job is rated for light work. May include stooping, kneeling, repetitive keyboard work, feeling, talking, hearing, light lifting.
The visual acuity requirements including color, depth perception and field vision for this position include: The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading; visual inspection involving small defects, small parts, and/or operation of machines (including inspection).
ENVIRONMENTAL CONDITIONS
The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the functions of this job, the employee is not substantially exposed to adverse environmental conditions.
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