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Energy Transfer is seeking a Director of Upstream Accounting to lead the Upstream Crude Accounting team in Dallas. The role drives close processes, revenue recognition, JIB, and capex analysis while shaping policy and internal controls.
You will mentor staff, collaborate across functions, and partner with leadership to align goals with operational and financial performance. CPA preferred and 8–12+ years in upstream accounting in oil and gas.
Job Description - Director - Upstream Accounting (2610003868)
Job Description
Director - Upstream Accounting - ( 2610003868 )
We value all of our employees who make our growth and success possible. We are proud to offer industry leading compensation, comprehensive benefits,401(k) match with additional profit sharing,PTO and abundant career opportunities.
Come join our award winning 12,000 strong organization as we fuel the world and each other!
Energy Transfer is looking for a Director of Upstream Accounting to join our Upstream Crude Accounting team at 8026 Park Ln, Dallas, TX office. This position will lead and manage Energy Transfer’s Upstream accounting team, which is responsible for providing a full suite of accounting services to Energy Transfer producing customers. We encourage a culture of inquiry by always asking why, transforming data into meaningful information, and leveraging technology to streamline our processes
To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below:
Lead and manage the upstream accounting team, including revenue, joint interest, production, and fixed asset/AFE accounting functions.
Oversee monthly, quarterly, and annual close processes specific to upstream operations, ensuring accurate recognition of oil, gas, and NGL revenues, production volumes, and related costs.
Direct joint interest billing (JIB) processes, including partner billing, cash calls, settlements, and audit support for operated and non-operated properties.
Ensure proper accounting for exploration and development costs, including successful efforts application, AFE tracking, capitalization, and impairment testing
Support internal and external audits, including joint venture audits, and respond to partner and regulatory inquiries
Provide financial analysis and reporting on lease operating expenses (LOE), capital expenditures, well economics, and property performance
Develop, implement, and continuously improve accounting policies, procedures, and internal controls tailored to upstream operations
Build and maintain collaborative relationships across departments, serving as a trusted leader and advocate for direct reports and accounting teams
Proactively leads initiatives, resolves complex issues, and mitigates risks with minimal oversight, ensuring team efficiency and operational success
Aligns team goals with leadership’s vision by setting clear expectations, communicating strategic direction, and driving cross-functional alignment
Champions a culture of inclusion, transparency, and continuous improvement by fostering open communication and valuing diverse perspectives
Invests in team development through structured career planning, coaching, and mentorship while recognizing contributions and encouraging growth
Identifies process and efficiency improvements, leveraging technology and innovation to support long-term department success
Demonstrates integrity and accountability by modeling clear, unbiased communication, honoring commitments, and holding the team to high-performance standards
To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below:
Bachelor’s degree in Accounting, Finance, or related field required; CPA strongly preferred
8–12+ years of progressive accounting experience, with significant time in upstream oil and gas (exploration & production) accounting
Deep knowledge of upstream accounting practices, including revenue recognition, joint interest accounting, production accounting, AFEs, and DD&A
Proficiency with SAP, JVA, and PRA preferred
Strong analytical, communication, and cross-functional collaboration skills
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
An equal opportunity employer/disability/vet
Energy Transfer is an equal opportunity employer and does not discriminate against qualified applicants on the basis of actual or perceived race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, pregnancy, veteran status, genetic information, citizenship status, or any other basis prohibited by law.
The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job.
DISCLAIMER: The statements listed in this job posting, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
United States-TX-DALLAS
Dallas TX Park Lane (100000383) 8020 Park Lane Dallas 75231
Accounting and Finance
Regular
Full-time
Yes, 10 % of the Time
Oct 19, 2026, 4:00:00 AM
Energy Transfer is an equal opportunity employer and does not discriminate against qualified applicants on the basis of any actual or perceived legally protected characteristics under federal, state, or local law. To view a notice describing federal equal opportunity laws . click here
If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, please contact the EEO Coordinator at 713-989-2247. This number is for reasonable accommodation requests only.