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Senior Gas Accountant

Summit Midstream Corporation

Houston (TX)

On-site

USD 51,000 - 65,000

Full time

18 days ago

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Job summary

An established industry player in the energy sector is seeking a detail-oriented Accountant to manage gas plant product allocations and financial reporting. This role offers the opportunity to collaborate with various teams, ensuring compliance with contractual agreements and accounting standards. The ideal candidate will thrive in a dynamic environment, showcasing strong communication skills and a proactive approach to problem-solving. Join a company committed to diversity and excellence, where your contributions will directly impact the operational success and financial health of the organization.

Benefits

Company Paid Holidays
Discretionary Performance Bonus
Medical Insurance
Vision Insurance
Health Savings Account
Basic Term Life Insurance
Short & Long-Term Disability Insurance
Employee Assistance Plan
Wellness Incentive Program

Qualifications

  • 2-3+ years in a plant accounting role or related experience preferred.
  • Strong knowledge of accounting and reporting principles.

Responsibilities

  • Perform monthly plant volume allocations and produce customer invoices.
  • Monitor producer volume commitments and bill for any shortfalls.
  • Maintain superior customer relations by addressing customer issues.

Skills

Accounting Principles
Communication Skills
Attention to Detail
Problem Solving
Organizational Skills

Education

Bachelor's Degree in Accounting
Business Administration

Tools

Microsoft Suite

Job description

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Headquartered in Houston, Texas, Summit Midstream Corporation (NYSE: SMC) is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations, in the continental United States.

We currently operate natural gas, crude oil and produced water gathering systems in four unconventional resource basins:

  • the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations;
  • the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming;
  • the Fort Worth Basin in Texas, which includes the Barnett Shale formation; and
  • the Piceance Basin in Colorado, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations.

Our systems and the basins they serve are as follows:

  • the Polar & Divide system, which serves the Williston Basin;
  • the DFW Midstream system, which serves the Fort Worth Basin;
  • the Grand River system, which serves the Piceance Basin; and
  • the Niobrara G&P system, which serves the DJ Basin.

SMC has an equity investment in and operates Double E Pipeline, LLC, which is natural gas transmission infrastructure that provides transportation service from multiple receipt points in the Delaware Basin to various delivery points in and around the Waha Hub in Texas.

We generate a substantial majority of our revenue under primarily long-term and fee-based gathering agreements with our customers. The majority of our gathering agreements are underpinned by areas of mutual interest (“AMIs”) and minimum volume commitments (“MVCs”). Our AMIs provide that any production drilled by our customers within the AMIs will be shipped on our gathering systems. The MVCs are designed to ensure that we will generate a minimum amount of gathering revenue over the life of each respective gathering agreement. The fee-based nature of the majority of the gathering agreements enhances the stability of our cash flows and limits our direct commodity price exposure.

Since our formation in 2009, our management team has established a track record of executing this strategy through the acquisition and subsequent development of DFW Midstream, Grand River, Polar & Divide, Niobrara G&P, and Double E Pipeline.

Summit Midstream is proudly committed to recruiting and retaining a diverse and inclusive workforce. As an Equal Opportunity Employer, we do not discriminate based on race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical condition), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Relocation: No Relocation assistance provided.

Work Sponsorship: Summit Midstream will only employ those who are legally authorized to work in the United States. Any offer of employment is contingent upon the Company receiving satisfactory results from a pre-employment drug screening, a criminal background check, and reference checks and your satisfaction of all other applicable fitness for duty requirements.

Summary:

This position is responsible for the allocation of gas plant products, volumes and values accounting and reporting of financial information relating to Summit’s gas plant activities. The role involves collaboration with various operations, marketing, commercial and external customers who may be processors, purchasers or sellers of the produced residue gas and ngl's. The position involves ensuring that the outputs are complete, accurate and timely while at same time ensuring that organizational goals are met in a cost-effective manner and that the accounting records are in compliance with contractual agreements, GAAP, SOX and Company Policy & Procedures. The job requires a proactive, self-starter who can work independently with good decision-making skills while interpreting and analyzing information surrounding the recognition, delivery, processing, and allocation of all volumes handled at each plant. This job also requires a team player with high standards of excellence and attention to detail.

  • Perform monthly plant volume allocations as well as produce customer invoices and reporting, process PPA's as necessary
  • Monitor producer volume commitments and bill for any shortfalls that may occur
  • Maintain superior customer relations with external customers by addressing customer issues and provided accurate and timely information to customers
  • Work with commercial operations as well as field operations to gain a solid understanding of gas processing contracts and processes
  • Respond to audit queries as required
  • Interact with Gas Plant Operations, Commercial and Gas Measurement to ensure accuracy and completeness of data
  • Maintain/Follow SOX documentation as well as compliance with the documented processes

Education & Experience:

  • Bachelor’s degree in Accounting or Business Administration
  • 2-3+ years in a plant accounting role or related applicable experience preferred

Knowledge Skills & Abilities:

  • Knowledge of oil & gas operations or energy sector preferred with a strong knowledge of accounting and reporting principles
  • Proficiency with Microsoft Suite of applications
  • Strong, demonstrated communication skills; written and verbal required
  • Ability and desire to work in a challenging, dynamic and fast paced environment
  • Must be highly detail oriented and possess exemplary organizational skills
  • Must be able to understand organization priorities, meet stringent deadlines and apply judgment in carrying out responsibilities
  • Excellent communication and interpersonal skills with a customer service focus
  • Ability to act and operate independently with minimal daily direction from manager to accomplish objectives
  • Ability to work cooperatively and collaboratively with all levels of employees, management and external consultants to maximize performance, creativity, problem solving and results
  • Ability to work overtime in times of peak workload cycles
  • Ability to identify and implement process improvement opportunities

Physical Demands and Working Conditions:

  • Office setting
  • Ability to sit for prolonged periods of time
  • Able to view computer terminal for long periods of time
  • Manual dexterity for operating computer and office equipment

Summit Midstream offers a comprehensive benefits package including:

  • Company Paid Holidays
  • Discretionary Performance Bonus
  • Medical Insurance
  • Vision Insurance
  • Employer supplemented Health Savings Account
  • Basic Term Life Insurance
  • Voluntary Term Life and AD&D Insurance
  • Employer Short & Long-Term Disability Insurance
  • Employee Assistance Plan (EAP)
  • Hospital Indemnity, Critical Illness and Accident Insurance
  • Wellness Incentive Program

Notice

Summit Midstream Corporation will not pay a fee of any kind to any third party agency without a valid Summit Midstream Corporation’ Master Service Agreement (MSA) authorized and signed by Human Resources. Any resume, application or other form of candidate submission to any employee of Summit Midstream Corporation, without a valid MSA on file, will be considered property of Summit Midstream Corporation and no fee will be paid.

Are you ready to join a fast-paced, growth oriented midstream company, then apply today!

Not yet ready to apply? That’s okay! Learn more about us on LinkedIn

***No phone calls or email, please.***

No Agency Calls and /or submissions will be accepted

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Other and Accounting/Auditing
  • Industries
    Oil and Gas

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Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid maternity leave

Paid paternity leave

Disability insurance

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