Lead Accounting Analyst

Targa Resources; Houston (TX); On-site; USD 90,000 - 120,000; Full time

Job summary

Targa Resources in Houston, TX seeks a revenue/accounting professional to manage product revenues and gas purchase costs for the company’s gas processing plants. You will record transactions, reconcile margins, and support monthly financial settlements.

The role requires 5–7 years in revenue or operational accounting, strong analytical skills, and proficiency in Excel. Experience with Oracle Cloud Financials and Waterfield is preferred, with a deadline-driven environment and reliability in

Qualifications

• Bachelor's degree in Accounting, Finance or related field.
• 5-7 years revenue accounting or operational accounting experience.
• Strong analytical skills.
• Attention to detail and accuracy.

Responsibilities

• Calculate product revenues and gas purchase costs for gross margins reported for assigned gas processing plants.
• Analyze operational reports and work with the commercial group to resolve questions related to revenue and cost of sales for the facilities.
• Review contracts and verify the setup of calculations to create monthly gas purchase statements and financial settlements per contract.
• Analyze account balances and gross margin activity at month end; prepare reconciliations, margin analysis, and SOX documentation.
• Participate in special projects as requested.
• Other duties as assigned

Skills

Analytical skills

Attention to detail

Communication skills

Excel proficiency

Multi-tasking

Education

Bachelor's degree in Accounting

Tools

Oracle Cloud Financials

Waterfield settlement systems

Job description

• Responsible for calculating product revenues and associated gas purchase cost and the recording of all transactions in the accounting system as they relate to the gross margins reported for assigned gas processing plants.
• Analyze operational reports and work with the commercial group to resolve all questions and issues related to the revenue and cost of sales associated with the assigned facilities.
• Review new contracts and verify the set-up of the appropriate calculations to create monthly gas purchase statements and financial settlements in compliance with the contract.
• Analyze account balances and gross margin account activity at month end and prepare account reconciliations, margin analysis, and SOX documentation.
• Actively participate in special projects as requested.
• Other duties as assigned

JOB DUTIES AND RESPONSIBIITIES:

• Responsible for calculating product revenues and associated gas purchase cost and the recording of all transactions in the accounting system as they relate to the gross margins reported for assigned gas processing plants.
• Analyze operational reports and work with the commercial group to resolve all questions and issues related to the revenue and cost of sales associated with the assigned facilities.
• Review new contracts and verify the set-up of the appropriate calculations to create monthly gas purchase statements and financial settlements in compliance with the contract.
• Analyze account balances and gross margin account activity at month end and prepare account reconciliations, margin analysis, and SOX documentation.
• Actively participate in special projects as requested.
• Other duties as assigned

MINIMUM ESSENTIAL QUALIFICATIONS:

• Bachelor's degree in Accounting, Finance or a related field
• 5-7 years revenue accounting or operational accounting experience
• Strong analytical skills
• Attention to detail and accuracy
• Ability to manage multiple priorities effectively
• Strong communication skills
• Proficient in Excel and other Microsoft Office applications
• Regular and reliable attendance

PREFERRED QUALIFICATIONS:

• Knowledge of operating agreements and gas processing/purchase contracts
• Experience in midstream gas accounting is strongly preferred
• Familiar with Oracle Cloud Financials and Waterfield settlement systems
• 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.