Sr Accountant

Western Midstream; Georgia; Hybrid; USD 65,000 - 90,000; Full time

Job summary

Western Midstream is seeking a Midstream Senior Accountant to collaborate with producers, commercial development, operations and auditors on midstream allocations and settlements.

The position requires at least 3 years of accounting experience with knowledge of midstream accounting, and it follows a hybrid schedule (office Mon Tue Thu; remote Wed Fri). You will prepare plant allocations, record revenues and costs, and perform analyses to support accurate financial statements.

Responsibilities

• Perform plant allocations and producer settlements for midstream assets.
• Record revenues, cost of product, and revenue recognition entries related to assigned assets.
• Prepare operational summaries (financials) which capture revenues, cost of product, volumes, pricing, operating expenses, and variance explanations.
• Account reconciliations.
• Performs financial variance analysis.
• Coordinate and lead projects. Recommends and implements efficiencies to streamline processes.
• Work closely with operations and commercial development to stay informed of physical flow changes and contract changes related to assigned assets.
• Review producer contracts to ensure all revenues and costs are being accounted for correctly.
• Prepare various monthly plant settlement reports and regulatory reports.
• Assist with internal and external customer inquiries, including auditors and producers.

Job description

Summary

Western Midstream is looking to fill the position of a Midstream Senior Accountant. This role will primarily collaborate with producers, commercial development, operations and auditors regarding midstream producer allocations and settlements.

Western Midstream provides competitive compensation package and potential for professional development and growth.

Qualifications

• Have strong analytical and research skills, attention to detail, ability to multitask and work towards tight deadlines.
• Ability to interact and use influencing skills effectively with all levels of the organization, as well as with external representatives.
• Have flexible work attitude and ability to successfully manage changing priorities.
• Have knowledge and understanding of midstream accounting.
• Have strong verbal and written communication skills and ability to interact with employees and managers across the organization, as well as with external auditors and producers.
• Possesses advanced knowledge in analyzing and recommending solutions to complex problems.
• Demonstrates initiative by actively advising and updating management and colleagues on significant matters.
• At least 3 years of previous accounting experience.
• Experience in oil and gas industry is a requirement; midstream preferred.

Responsibilities

• Perform plant allocations and producer settlements for midstream assets.
• Record revenues, cost of product, and revenue recognition entries related to assigned assets.
• Prepare operational summaries (financials) which capture revenues, cost of product, volumes, pricing, operating expenses, and variance explanations.
• Account reconciliations.
• Performs financial variance analysis.
• Coordinate and lead projects. Recommends and implements efficiencies to streamline processes.
• Work closely with operations and commercial development to stay informed of physical flow changes and contract changes related to assigned assets.
• Review producer contracts to ensure all revenues and costs are being accounted for correctly.
• Prepare various monthly plant settlement reports and regulatory reports.
• Assist with internal and external customer inquiries, including auditors and producers.

Education

• Bachelor degree in Accounting, Finance or Business administration.

Relocation

• This position is not eligible for relocation.

Travel Requirements

• No travel required for this position.

Work Schedule

• This position follows a hybrid schedule working in office Monday, Tuesday, Thursday and working remote Wednesday and Friday. Monday-Thursday are 9 hours and Fridays are 4 hours.