Midstream Accounting Manager

Full Time
Houston, TX
Posted
Job description

Warren Averett is seeking a Direct Hire Midstream Accounting Manager for a Midstream Oil &Gas client located in the Galleria Area.

Essential Duties and Responsibilities:

  • Support the Director of Volume Accounting, manage a team of accountants and work closely with Commercial and Operations to analyze volume and pricing data to ensure accuracy.
  • Strong knowledge of midstream gathering and processing business and settlement allocation methods and procedures
  • Strong understanding of SOX 404 & internal controls
  • Implement SOX 404 requirements and ensure compliance
  • Interpret & understand midstream contracts including gas, water, crude gathering, processing and transportation
  • Strong system knowledge and problem-solving support for complex technical and functional issues
  • Strong accounting knowledge and understanding of financial statements
  • Understand and analyze monthly gross margin for gas, crude and water assets
  • Interface with producers and customers regularly to resolve settlement issues
  • Analyze revenues & expenses and explain variances between, current, prior months and budget/forecasts
  • Reconcile gross margin accounts related to the Income Statement and Balance Sheet monthly
  • Prepare and maintain master inventory schedule and create general ledger entries
  • Understand ASC 606 Revenue Recognition requirements and prepare and review entries
  • Reconcile Accounts Receivable subledger to general ledger monthly
  • Maintain weekly AR report and research and reconcile timely
  • Review and approve journal entries of staff
  • Review staff close control reports and gross margins for accuracy
  • Ensure that control environment is functioning properly
  • Assist with new business and acquisitions
  • Interface with external auditors and assist with requests
  • Ad hoc analysis as needed

Education and/or Work Experience Requirements:

  • Bachelor’s degree in accounting, finance, or related field
  • 3+ years of Managerial experience required
  • 3+ years of experience in midstream business required
  • Accounting experience at a public company working under Sarbanes Oxley 404 Framework & Controls including Risk Assessment and Readiness
  • Waterfield system experience a plus
  • Ability to multitask and produce results under tight deadlines
  • Strong proficiency in Microsoft Office, specifically Excel
  • Ability to work in a fast-paced environment
  • Ability to work overtime as needed

Warren Averett is an equal opportunity employer. We hire, promote, and make all other employment decisions without regard to race, color, religion, gender, sexual orientation, national origin, citizenship, genetic information, military service, disability, age, or any other unlawful basis

Job Type: Full-time

Pay: $110,000.00 - $115,000.00 per year

Benefits:

  • Health insurance
  • Paid time off
  • Parental leave

Schedule:

  • Monday to Friday

Work Location: One location

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