Midstream Accountant
3 weeks ago
Job Objective:
Performs pipeline accounting for assigned affiliated companies that own and/or operate pipelines.
Essential Job Responsibilities:
- Gathers and reviews volumes from the measurement data system, third parties and affiliated parties.
- Reviews pipeline tariffs and contracts.
- Assembles source data and prepares monthly pipeline accounting invoices and statements for crude oil transactions.
- Prepares, analyzes and records monthly operational accounting close and cash entries.
- Monitors all pipeline accounting, including invoicing for crude oil sales and transportation fees, securing payment for all crude oil transportation. Reconciles and reports on profit/loss and pipeline imbalances.
- Prepares pipeline inventory reconciliations.
- Completes month end variance analyses and provides explanations by pipeline/asset for all revenue and operating expenses, comparing to prior month and to forecast.
- Prepares monthly cash forecast.
- Understands intrastate vs interstate oil movements and tariffs.
- Performs special projects that require knowledge of oil pipeline operations accounting.
- Maintains employee confidence and protects operations by keeping information confidential.
- Maintains technical knowledge by attending educational workshops and reviewing professional publications, establishing personal networks, and participating in professional associations.
- Contributes to team effort by accomplishing related results as needed.
- Adheres to the company's values - integrity, ownership, urgency, alignment and innovation.
- Supports company vision and mission.
- Adheres to established work schedule, attendance standards and is punctual to work and meetings.
- Other duties as assigned by management.
- Three (3) to five (5) years minimum of operational accounting experience.
- Strong knowledge of the oil and gas industry preferred.
- Proficiency in data management including spreadsheet proficiency.
- Ability to solve problems accurately.
- Ability to complete multiple, diverse tasks of differing priorities.
- Ability to establish and maintain effective working relationships with employees, supervisors, and other departments.
- Excellent written and verbal communication skills.
- Outstanding organizational skills.
- Proficiency in the use and application of the following software:
- Required: Microsoft Office (Excel, Word, and Outlook).
- Preferred: Strong working knowledge of SAP, Waterfield, Emerson and Flowcal
- Bachelor's Degree from an accredited four-year university or college with a degree in accounting or finance with a minimum of 15 hours of accounting course work.
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