JobsAccountantHoustonSr Accountant
Western Midstream
Posted 2 days ago
Sr Accountant
Western Midstream · The Woodlands, Texas, United States
In short
The Senior Accountant will perform plant allocations, producer settlements, and financial variance analysis for midstream assets. They will also manage revenue recognition, account reconciliations, and coordinate projects while collaborating with operations and commercial development teams.
What they're looking for
MUST-HAVE SKILLS
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Candidates must have at least 3 years of accounting experience, specifically within the oil and gas industry. A bachelor's degree in Accounting, Finance, or Business Administration is required, along with strong analytical and communication skills.
About Western Midstream
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Questions about this role
- Is this Western Midstream role remote?
- Tagged hybrid · 3 days in office.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 2-5 years.
The posting, in full
Western Midstream is looking to fill the position of a Midstream Senior Accountant. This role will primarily collaborate with producers, commercial development, operations and auditors regarding midstream producer allocations and settlements. Western Midstream provides competitive compensation package and potential for professional development and growth.
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Summary
Western Midstream is looking to fill the position of a Midstream Senior Accountant. This role will primarily collaborate with producers, commercial development, operations and auditors regarding midstream producer allocations and settlements.
Western Midstream provides competitive compensation package and potential for professional development and growth.
Qualifications
- 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.
Responsibilities
- 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.
Education
- Bachelor degree in Accounting, Finance or Business administration.
Relocation
- This position is not eligible for relocation.
Travel Requirements
- No travel required for this position.
Work Schedule
- 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.
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