Manager - Operational Accounting

ONEOK Services Company LLC

United States

On-site

USD 123,000 - 185,000

Full time

4 days ago
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Job summary

ONEOK is seeking a seasoned Refined Products Accounting leader to direct the accounting team within the RPC segment. The role ensures accurate revenue recognition, billing, and financial reporting while partnering with Commercial, Operations and Scheduling to align policy and practice.

Ideal candidates will have a CPA or strong accounting credentials, substantial GAAP experience, and proven supervisory abilities to drive close processes and internal controls across the business units.

Qualifications

  • Bachelor's degree in accounting, finance or related discipline.
  • Experience with GAAP and government regulations.
  • Strong supervisory and management skills.
  • Experience in financial reporting and analysis.

Responsibilities

  • Lead and manage the Refined Products Accounting team.
  • Oversee monthly close, revenue accounting, reconciliations and segment reporting.
  • Review contracts to ensure correct accounting treatment and billing.
  • Support audits and ensure compliance with accounting standards.

Skills

Analytical ability
Financial reporting
Communication
Leadership

Education

Bachelor's degree in accounting

Tools

Accounting software

Job description

WeAreONEOK – Fortune 500 company. 100+ years in business. Leading midstream service provider. Safety first. Sustainable operations. Environmentally responsible. Employee focused.
JOB SUMMARY

This position is within the RPC (Refined Products and Crude) segment, responsible for leading the Refined Products Accounting team and supporting the financial activities. The role partners closely with Commercial, Operations, Scheduling, and other business groups to ensure accurate revenue recognition, billing, financial reporting, and compliance with accounting standards and company policies.

Key Responsibilities
  • Lead, develop, and manage the Refined Products Accounting team.
  • Oversee monthly close, revenue accounting, reconciliations, and segment financial reporting activities.
  • Review and interpret commercial agreements to ensure accurate accounting treatment and billing.
  • Partner with business stakeholders to resolve accounting and operational issues.
  • Support audit activities and ensure compliance with accounting standards and company policies.
Job Profile Summary

Manages monthly natural gas plant settlements, pipelines and general accounting functions.

Essential Functions and Responsibilities
  • Plan, organize, and manage monthly settlement process and financial activities related to natural gas plant allocations, pipeline actualization, purchases, and sales to ensure fulfillment of contractual terms.
  • Supervise employees engaged in those activities.
  • Analyze accounting policies, procedures, and corresponding controls to ensure financial statements and/or reports are reliable and in compliance with governmental regulations.
  • Monitor and maintain accounting and financial reporting systems and relevant computer applications.
  • Research, evaluate, and propose system changes and/or development of new accounting systems to expedite accounting processes.
  • Participate in development of new and replacement contracts with Gas Supply and Contract Administration.
  • Understand and communicate impact of these contracts to other accounting personnel such as Budgeting and Forecasting.
  • Be able to translate settlement provisions of these contracts to settlement programs.
  • Provide information and assistance to management, employees, regulatory agencies, auditors, vendors, and others relative to accounting processes, revenue reports, invoices, imbalances, forecasts, policies, procedures, etc.
  • Prepare, verify, and/or approve information and reports including but not limited to: Volumes of liquids sold, Imbalances, Allocations, Gas purchase expenses, Producer Settlement Statements, Natural Gas Storage.
Education

Bachelor's Degree in accounting, finance, or related discipline with previous experience working in various accounting functions.

Work Experience
  • Experience with and thorough knowledge of generally accepted accounting methods and procedures and company accounting methods, practices, and procedures.
  • Experience in use and function of office equipment including computers and applicable software.
  • Experience and/or training related to: Oil and gas industry terminology and accounting methods.
  • Financial reporting.
  • Applicable governmental regulations and/or guidelines.
  • Supervisory and management skills.
  • Experience monitoring and analyzing financial data, reports, invoices, audits, and regulatory publications.
  • Experience researching, preparing, and composing accounting and financial related publications, contracts, ledgers, manuals, computer printouts, procedures, analyses, presentations, and correspondence.
  • Experience reviewing and interpreting applicable company policies and procedures, manuals, FASB pronouncements, governmental regulations, legal documents, rate case orders, accounting and financial related publications, contracts, reports, and correspondence.
  • Experience interacting, advising, and communicating effectively.
  • Experience supervising, directing, and training; working knowledge of personnel policies and procedures.
  • Experience developing information and conducting group presentations.
Knowledge, Skills and Abilities
  • Ability to: apply algebra, statistics, and economic theory.
  • Ability to: communicate and/or exchange written and verbal information and instructions; conduct oral presentations.
Licenses and Certifications

Certified Public Accountant (CPA) preferred.

Strength Factor Rating - Physical Demands/Requirements

Sedentary Work - Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Strength Factor Description - Physical Demands/Requirements
  • Standing: Remaining on one's feet in an upright position at a work station without moving about (Occasionally)
  • Walking: Moving about on foot (Frequently)
  • Sitting: Remaining in a seated position (Constantly)
  • Lifting: Raising or lowering an object from one level to another (includes upward pulling) (Occasionally)
  • Carrying: Transporting an object, usually holding it in the hands or arms, or on the shoulder (Occasionally)
  • Pushing: Exerting force upon an object so that the object moves away from the force (Occasionally)
  • Pulling: Exerting force upon an object so that the object moves toward the force (includes jerking) (Occasionally)
  • Climbing: Ladders, Stairs (Occasionally)
  • Balancing: Maintaining body equilibrium to prevent falling (Occasionally)
  • Stooping: Bending the body downward and forward by bending the spine at the waist (Occasionally)
  • Kneeling: Bending the legs at the knees to come to rest on the knee or knees (Occasionally)
  • Crouching: Bending the body downward and forward by bending the legs and spine (Occasionally)
  • Crawling: Moving about on the hands and arms in any direction (Occasionally)
  • Reaching: Extending hands and arms in any direction (Constantly)
  • Handling: Seizing, holding, grasping, turning or otherwise working with the hand or hands (Manual Dexterity) (Constantly)
  • Fingering: Picking, pinching or otherwise working with the fingers primarily (Finger Dexterity) (Constantly)
  • Feeling: Perceiving such attributes of objects/materials as size, shape, temperature, texture, movement or pulsation by receptors in the skin, particularly those of the finger tips (Constantly)
  • Talking: Expressing or exchanging ideas/information by means of the spoken word (Frequently)
  • Hearing: Perceiving the nature of sound by the ear (Frequently)
  • Tasting/Smelling: (Occasionally)
  • Near Vision: Clarity of vision at 20 inches or less (Constantly)
  • Far Vision: Clarity of vision at 20 feet for more (Frequently)
  • Depth Perception: Three-dimensional vision; ability to judge distances and spatial relationships so as to see objects where and as they actually are (Frequently)
  • Vision: Color - The ability to identify and distinguish colors (Constantly)
Working Conditions/Environment
  • Employee is subject to inside environmental conditions.
Travel

Travel in and around office facilities and to other company locations.

Driving

Based on assigned tasks, employee may be assigned a company vehicle requiring the applicable driver's license.

DEI Statement

ONEOK is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, sex, pregnancy, sexual orientation, age, religion, creed, national origin, gender identity, disability, military/veteran status, genetic information or any other categories protected by applicable law. The job description is not intended to be a complete list of all responsibilities, duties or skills required for the job and is subject to review and change at any time, with or without notice, in accordance with the needs of ONEOK. ONEOK is committed to making our workplace accessible to individuals with disabilities and will provide reasonable accommodations, upon request, for individuals to participate in the application and hiring process. To request an accommodation email HRSolutions@ONEOK.com or call 1-855-663-6547.

Salary

Expected Salary Range $123,000.00 - $185,000.00

Company Overview

At ONEOK (NYSE: OKE), we deliver energy products and services vital to an advancing world. We are a leading midstream operator that provides gathering, processing, fractionation, transportation, storage and marine export services. Through our approximately 60,000-mile pipeline network, we transport the natural gas, natural gas liquids (NGLs), refined products and crude oil that help meet domestic and international energy demand, contribute to energy security and provide safe, reliable and responsible energy solutions needed today and into the future. As one of the largest integrated energy infrastructure companies in North America, ONEOK is delivering energy that makes a difference in the lives of people in the U.S. and around the world.

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