Director - Gas Accounting
5 days ago
Headquartered in Houston, Texas, Summit Midstream Corporation (NYSE: SMC) is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations, in the continental United States.
We currently operate natural gas, crude oil and produced water gathering systems in four unconventional resource basins:
- the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations;
- the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming;
- the Fort Worth Basin in Texas, which includes the Barnett Shale formation; and
- the Piceance Basin in Colorado, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations.
Our systems and the basins they serve are as follows:
- the Polar & Divide system, which serves the Williston Basin;
- the DFW Midstream system, which serves the Fort Worth Basin;
- the Grand River system, which serves the Piceance Basin; and
- the Niobrara G&P system, which serves the DJ Basin.
SMC has an equity investment in and operates Double E Pipeline, LLC, which is natural gas transmission infrastructure that provides transportation service from multiple receipt points in the Delaware Basin to various delivery points in and around the Waha Hub in Texas.
We generate a substantial majority of our revenue under primarily long-term and fee-based gathering agreements with our customers. The majority of our gathering agreements are underpinned by areas of mutual interest (“AMIs”) and minimum volume commitments (“MVCs”). Our AMIs provide that any production drilled by our customers within the AMIs will be shipped on our gathering systems. The MVCs are designed to ensure that we will generate a minimum amount of gathering revenue over the life of each respective gathering agreement. The fee-based nature of the majority of the gathering agreements enhances the stability of our cash flows and limits our direct commodity price exposure.
Since our formation in 2009, our management team has established a track record of executing this strategy through the acquisition and subsequent development of DFW Midstream, Grand River, Polar & Divide, Niobrara G&P, and Double E Pipeline.
Summit Midstream is proudly committed to recruiting and retaining a diverse and inclusive workforce. As an Equal Opportunity Employer, we do not discriminate based on race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical condition), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Relocation: No Relocation assistance provided.
Work schedule: hybrid schedule (office/remote)
Work Sponsorship: Summit Midstream will only employ those who are legally authorized to work in the United States. Any offer of employment is contingent upon the Company receiving satisfactory results from a pre-employment drug screening, a criminal background check, and reference checks and your satisfaction of all other applicable fitness for duty requirements.
Summary:
This position is responsible for the allocation of gas plant products, volumes and values accounting and reporting of financial information relating to Summit’s gas plant activities. The role involves collaboration with various operations, marketing, commercial and external customers who may be processors, purchasers or sellers of the produced residue gas and ngl's. The position involves leading a team of five, planning the workload, developing staff and ensuring that the outputs are complete, accurate and timely while at same time ensuring that organizational goals are met in a cost-effective manner and that the accounting records are in compliance with contractual agreements, GAAP and Company Policy & Procedures. The job requires a proactive, self-starter who is able to work independently with good decision-making skills while interpreting and analyzing information surrounding the recognition, delivery, processing, and allocation of all volumes handled at each plant. This job also requires a team player with high standards of excellence and attention to detail.
Principle Duties & Responsibilities:
- Perform monthly plant volume allocations as well as produce customer invoices and reporting, process PPA's as necessary
- Maximize the use of W-Energy, GPIS, and EMK3 gas plant accounting system across all companies
- Monitor producer volume commitments and bill for any shortfalls that may occur
- Maintain superior customer relations with external customers by addressing customer issues and provided accurate and timely information to customers
- Train and lead the gas plant accounting group to maximize effectiveness of the gas plant team
- Work with commercial operations as well as field operations to gain a solid understanding of gas processing contracts and processes
- Respond to audit queries as required
- Interact with Gas Plant Operations, Commercial and Gas Measurement to ensure accuracy and completeness of data
- Implementing W-Energy software across all operational subsidiaries while incorporating process improvements
- Write policies and procedures in order to standardize the process across all companies where applicable
- Maintain SOX documentation as well as compliance with the documented processes
Education & Experience:
- Bachelor’s degree in Accounting with at least 5 years in a plant accounting leadership role
Knowledge Skills & Abilities:
- Knowledge of oil & gas operations or energy sector preferred with a strong knowledge of gas processing, accounting and reporting principles
- Proficiency with Microsoft Suite of applications
- Strong, demonstrated communication skills; written and verbal required
- Ability and desire to work in a challenging, dynamic and fast paced environment.
- Must be highly detail oriented and possess exemplary organizational skills.
- Must be able to understand organization priorities, meet stringent deadlines and apply judgment in carrying out responsibilities.
- Must possess the ability to lead and influence others to maximize effectiveness of the gas plant team
- Excellent communication and interpersonal skills with a customer service focus.
- Ability to act and operate independently with minimal daily direction from manager to accomplish objectives.
- Ability to work cooperatively and collaboratively with all levels of employees, management and external consultants to maximize performance, creativity, problem solving and results.
- Ability to work overtime in times of peak workload cycles
- Ability to identify and implement process improvement opportunities.
Physical Demands and Working Conditions:
- Physical Requirements - Office setting: Ability to sit for prolonged periods of time
- Able to view computer terminal for long periods of time
- Manual dexterity for operating computer and office equipment
- Available to travel on an occasional basis
Summit Midstream offers a comprehensive benefits package including:
- Company Paid Holidays
- Discretionary Performance Bonus
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employer supplemented Health Savings Account
- Flexible Benefit Plan
- Basic Term Life Insurance
- Voluntary Term Life and AD&D Insurance
- Employer Short & Long-Term Disability Insurance
- Employee Assistance Plan (EAP)
- Hospital Indemnity, Critical Illness and Accident Insurance
- Wellness Incentive Program
- 5% Retirement Plan Match
Notice
Summit Midstream Corporation will not pay a fee of any kind to any third party agency without a valid Summit Midstream Corporation’ Master Service Agreement (MSA) authorized and signed by Human Resources. Any resume, application or other form of candidate submission to any employee of Summit Midstream Corporation, without a valid MSA on file, will be considered property of Summit Midstream Corporation and no fee will be paid.
Are you ready to join a fast-paced, growth oriented midstream company, then apply today
Not yet ready to apply? That’s okay Learn more about us on LinkedIn
***No phone calls or email, please.***
No Agency Calls and /or submissions will be accepted
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