Downstream Accounting System Specialist

LearnETRM

United States

On-site

USD 120,000 - 190,000

Full time

8 days ago

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Job summary

Targa Resources is seeking a Senior Downstream Accounting System Specialist with deep RightAngle expertise to drive accounting process improvements and robust reporting across the enterprise. You will own WACOG-based valuation, build analytics, and partner with IT, finance, and trading to optimize month-end close and KPI packages.

The role emphasizes data accuracy, system enhancements, and effective training for RightAngle processes, contributing to strategic financial insights and operational

Qualifications

  • 10+ years of RightAngle experience and strong accounting knowledge.
  • Ability to develop custom reports and analytics in RightAngle.
  • Strong communication skills, both written and verbal.
  • Experience collaborating with accounting, finance, trading, and IT teams.

Responsibilities

  • Provide RightAngle expertise across the platform from accounting, reporting and interface perspectives.
  • Enhance inventory valuation processes, focusing on WACOG improvements.
  • Develop and optimize management reporting packages and KPIs for Downstream Accounting.
  • Support month-end close activities and pre-close tasks with data integrity in mind.
  • Collaborate cross-functionally to drive change management and system enhancements.

Skills

RightAngle expertise
WACOG knowledge
Management reporting
Accounting/Finance background
Communication skills

Education

Bachelor's degree in Accounting/Finance/MIS or related

Job description

# Downstream Accounting System SpecialistExternal listingTarga ResourcesUnited States•ONSITE•PERM•SENIOR•OPS## ETRM Role Details**ETRM Packages:** RightAngle**Commodity Focus:** Power## Job Description**POSITION SUMMARY:**RightAngle is our enterprise-wide Energy Trading & Risk Management (“ETRM”) financial system. We are looking for a candidate to join our accounting team with the following skills:**JOB DUTIES AND RESPONSIBILITIES:*** Provide RightAngle expertise across the entire platform from an accounting, reporting and interface perspective to provide solutions in various domains, including:+ Inventory Valuation – Enhance the automation of Targa’s weighted average cost inventory valuation (“WACOG”).+ Financial Reporting & Analytics: – Develop custom reports and analytical tools to facilitate data validation, root cause analysis, and data summarization of complex financial data (WACOG, Recon, GL summaries, etc.)+ Inventory Management and Reconciliation: Drive process improvements to optimize month-end close and inventory reconciliation, reducing lags and ensuring data integrity.+ Month-End & Pre-Close Activities: Support and execute closing and pre-closing financial tasks to ensure compliance with reporting deadlines.+ Financial Performance Evaluation: Conduct P&L variance analysis (e.g., Actual P&L, Forecast P&L, assisting with reconciliations between Actual and Forecasted etc.).+ RightAngle Data Expertise: Manage and validate data across RightAngle including: Data -> Deal -> Transfer -> Order -> Movement -> Transactions (all types) -> Invoice/Payable -> GL Entries.* Develop and optimize management reporting packages and KPI’s for the Downstream Accounting group, ensuring insights align with business objectives.* Identify and implement process and system enhancements to improve data accuracy, streamline reporting, and meet accounting requirements, including solutions that will overcome limitations in RightAngle system functionality.* Collaborate cross-functionally with stakeholders across accounting, finance, trading, and IT to drive change management and align operations with business objectives. Serve as a liaison between IT and business streams, overseeing solution development, testing and deployment.* Build training content for RightAngle processes.* Design implementation procedures for future RightAngle upgrades.* Other duties as assigned.**MINIMUM ESSENTIAL QUALIFICATIONS:*** 10+ years of RightAngle experience, with specific expertise in Accounting, RightAngle transactional analysis, troubleshooting, and solution design and development* Sound understanding of WACOG and its impact on P&L* Extensive experience building and developing management reports to analyze financial results and trends* Business or technical degree in Management Information Systems, Finance or Accounting, or Engineering / Mathematics with accounting consulting experience.* Excellent communication skills, both written and verbal* Regular and reliable attendance**PREFERRED QUALIFICATIONS:*** Sound understanding of accounting principles and the ability to apply knowledge in identifying and resolving issues with internal and external business partners* Strong analytical skills and a good understanding of RightAngle (S15+)* Experience with accounting for the NGL value chain, including transportation, fractionation, storage, marketing, and exports* Well organized and detail-oriented* Strong desire to learn and excel within environment of growth and change* The capacity to pursue issues and resolve them independently, develop strong relationships with internal and external business partners and collaborate effectively within a team environment* Demonstrate an ability to work in a deadline-driven, fast-paced team environment, with limited supervision**EQUAL EMPLOYMENT OPPORTUNITY:**Targa Resources provides equal employment opportunities based on merit, experience, and other work-related criteria and without regard to race, color, ethnicity, religion, national origin, sex, age, pregnancy, disability, veteran status, or any other status protected by applicable law. We also strive to provide reasonable accommodation to employees’ beliefs and practices that do not conflict with Targa’s policies and applicable law. We value the unique contributions that every employee brings to their role with Targa.
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