Revenue Accountant - Midstream GAAP Specialist

Producers Midstream

Dallas (TX)

On-site

USD 70,000 - 95,000

Full time

5 days ago

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Benefits offered by this job

Medical benefits

Dental benefits

401k with company match

Tuition reimbursement

Job summary

Producers Midstream Management LLC, based in Dallas, TX, seeks a Revenue Accountant to manage revenue accounting for natural gas, crude oil, NGLs, and related midstream assets. You will verify volumes and pricing, prepare journal entries, and support month-end close with cross-functional teams across Commercial, Measurement, Operations, Land and Accounting.

The role requires 3+ years in revenue accounting within oil/gas, advanced Excel, and ERP experience (SAP/Oracle/NetSuite).

Qualifications

3+ years of revenue accounting experience in oil and gas
Midstream revenue accounting experience preferred
Experience with gathering, processing, transportation, and NGL accounting is highly desirable
Experience with production accounting systems and ERP software preferred

Responsibilities

Perform monthly revenue accounting for natural gas, crude oil, NGLs, gathering, transportation, compression, processing and other midstream assets.
Process purchaser statements, settlement statements, and revenue distributions accurately and timely.
Validate production volumes, measurement data, pricing, and contract terms prior to revenue recognition.
Prepare and record monthly journal entries related to revenue, accruals, and adjustments.
Reconcile revenue accounts, accounts receivable, production volumes, and general ledger balances.
Investigate and resolve volume, pricing, allocation, and payment discrepancies with internal departments and third-party customers.
Review and analyze contracts to ensure proper revenue recognition and settlement calculations.
Coordinate with Measurement, Operations, Commercial, and Land departments to resolve production and allocation issues.
Prepare monthly revenue reports, variance analyses, and management reporting.
Assist with month-end and year-end closing activities.
Support internal and external audits by preparing requested documentation and account reconciliations.
Ensure compliance with GAAP, company policies, and applicable regulatory requirements.
Assist with implementation and continuous improvement of accounting processes and internal controls.
Participate in special projects, acquisitions, and system implementations as assigned.
Maintain accurate accounting records and supporting documentation.
Perform other duties as assigned.