Accountant III

The Senior Accountant is responsible for revenue accounting activities for Gas Processing Plants and Gas Gathering Systems. 

**This position is a contract position with the possibility to go perm. Therefore: (1) Candidates must be eligible to permanently work in the US; (2) At minimum, a High school diploma or GED equivalent is required for candidates seeking placement in this position**

Reason for position: Assist the Accounting Department with a long-term project.

Responsibilities include, but are not limited to:

• Perform monthly volumetric allocations, invoicing of revenues and/or payment of cost of goods sold
• Read and understand new and amended gas processing and gas gathering contracts in order to correctly account for all contractual revenues and costs.
• Analyze revenue and explain variances between current month, prior month, and budget.
• Address customer inquiries and work closely with Commercial, Contract Administration, and external auditors. This includes researching and resolving volumetric and pricing discrepancies.
• Prepare various volumetric balancing and analytical reports.
• Perform monthly account reconciliations for balance sheet accounts related to the revenue process.
• Prepare imbalances and reconcile to 3rd party pipeline statements.
• Calculate and record monthly journal entries for revenues, cost of goods sold and/or variable expenses.
• Prepare Gross Margin Reports for use in financial review.
• Maintain documentation of the performance of SOX processes that pertain to assigned area
• Provide necessary reports and information to Commercial personnel, as needed
• Accrue and pay various taxes to proper taxing jurisdiction.
• Create or update accounting processes, as appropriate, to improve efficiency and accuracy

The successful candidate will meet the following qualifications:

• Bachelor's degree in Accounting, or enough accounting hours to sit for CPA exam, is required.
• 5+ years prior work experience in Accounting is preferred.
• Prior working experience within the midstream sector of the oil and gas industry is preferred.
• Prior experience in the use of TIPS Invoicing Software, Oracle, and Business Objects is preferred.
• Proficiency with accounting concepts, such as financial statements, journal entries, and balance sheets.
• Working proficiency and knowledge of Microsoft Excel to create pivot tables, develop macros, and other advanced Excel functions.
• Detailed, organized and self-motivated with strong teamwork skills
• Ability to learn quickly and adapt and manage multiple priorities in a rapidly changing dynamic environment.
• Effective written and oral communication skills with all levels of the organization.