Midstream Accounting Specialist

1 week ago


The Woodlands TX United States Cyfle Full time
About the Job

Cyfle is seeking a highly skilled Midstream Accountant to join our team. As a key member of our accounting department, you will be responsible for ensuring the accuracy and integrity of financial reports and data related to midstream operations.

Key Responsibilities
  • Collaborate with producers, commercial development, and operations to account for midstream producer allocations and settlements.
  • Prepare financial reports, manage accounts payable and receivable, and perform SOX controls.
  • 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.
  • Prepare necessary journal entries and account reconciliations.
  • Work closely with operations and commercial development to stay informed of physical flow changes and contract changes related to assigned assets.
  • Review 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
  • Bachelor degree in Accounting, Finance or Business administration.
  • 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.
  • Flexible work attitude and ability to successfully manage changing priorities.
  • Knowledge and understanding of midstream accounting.
  • 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.
  • 5-6 years of previous accounting experience.
Benefits
  • Medical Insurance
  • Dental Insurance
  • Retirement Plans


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