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Accountant I

4 months ago

Houston, United States Plains Full time

**Job Type**:
Regular

Plains All American is an industry-leading transportation and midstream provider specializing in transportation, storage, processing and marketing solutions for crude oil and natural gas liquids (NGLs). We own an extensive network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and NGL producing basins and transportation corridors and at major market hubs in the United States and Canada. On average, Plains handles more than 6 million barrels per day of crude oil and NGL in its Transportation segment. The company is headquartered in Houston, Texas.

We are looking for highly-motivated individuals who enjoy working as part of a team in a dynamic and entrepreneurial work environment.

**Background**

Work closely with co‐workers, supervisor, and senior manager to account for settlement of Plains Marketing L.P.’s barrel movements.

**Essential Functions**
- Preparation of Settlement Confirmation Schedules by updating TM1 database
- Utilize Settlement Confirmation Schedules to communicate amounts due from and due to customers assigned, and confirm the netting position
- Identify and follow up on discrepancies with customers and forward to Contracts or Crude Oil Accounting department
- Communicate volume and price information that may require accruals be made by Crude Oil Accounting department
- Reconcile confirmed net amounts with the Master Reconciliation
- Reconcile aged accounts receivable/trade accounts payable for assigned customers
- Update Control Log to identify discrepancies in a timely manner
- Distribute sales invoices and royalty check detail to assigned accountants
- Update crude oil prices and gravity in an accurate and timely manner
- Obtain documents requested by auditors
- Prepare related party disclosure schedules
- Maintain procedural documentation on a current basis
- Be willing to work overtime during the monthly close
- Work with mínimal supervision in all aspects of job

**Requirements**:

- Accounting/Auditing or Finance degree required. Knowledge and understanding of crude oil business is helpful.
- Excellent interpersonal and communication skills. Ability to effectively communicate orally and in writing with all levels of management.
- Team player and responsible individual who takes initiative/ownership in all areas of work.
- Knowledge of Microsoft Excel and Word required.
- Cleared criminal history (background) and satisfactory reference checks
- Compliance with the Company’s drug and alcohol policy including pre-employment D&A testing.

Plains

At Plains, our employees are our most valuable asset. Hard work is rewarded with competitive compensation and a top-tier benefits program designed to keep our employees safe, healthy and happy. We work hard to deliver the best results to our stakeholders and we also respect our employees need for personal and family time, which is reflected in our benefits program.