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Senior Accountant

3 months ago


Magnolia, United States Cyfle Full time

About the job Senior Accountant

Salary: $ 90,000.00

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

Prioritized Must Have Skills for the Senior Accountant:

#1. Bachelor degree in Accounting, Finance or Business administration

#2. Experience with allocations and producer settlements.

#3. At least 3 years of previous accounting experience.

#4. Have knowledge and understanding of midstream accounting.

#5. Experience in oil and gas industry is a requirement; midstream preferred.

Responsibilities of the Senior 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 Senior Accountant:
  • Bachelors 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 3 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.
  • The percentage of travel required for this position is 0-5%.
  • 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 Senior Accountant:
  • Medical Insurance
  • Dental Insurance
  • Retirement Plans

About theCompany:

Cyfle is a global businessdedicated to connecting talents worldwide. Our comprehensive RPO services,placement services, and training services help businesses unlock their fullpotential.