Sr Accountant

Western Midstream; Town Center (TX); Hybrid; USD 75,000 - 110,000; Full time

Job summary

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

The role involves recording revenues, preparing summaries, reconciliations and variance analyses; you will interface with external auditors and producers and support process improvements. A Bachelor degree in Accounting, Finance or Business Admin is required, with at least 3 years of accounting experience, preferably in oil & gas.

Qualifications

• Three years of accounting experience is required.
• Oil and gas industry experience is preferred, midstream experience is a plus.
• Strong written and verbal communication skills across levels.

Responsibilities

• Perform plant allocations and producer settlements for midstream assets.
• Record revenues, cost of product, and revenue recognition entries.
• Prepare monthly operational summaries with revenues, volumes, pricing and expenses.
• Account reconciliations and financial variance analysis.
• Coordinate and lead projects; implement process efficiencies.
• Work with operations and auditors on contract changes and flow changes.
• Review producer contracts to ensure proper revenue and cost accounting.
• Prepare monthly plant settlement and regulatory reports.
• Assist with internal and external inquiries from auditors and producers.

Skills

Analytical skills

Attention to detail

Multitasking

Influencing skills

Communication skills

Problem solving

Adaptable

Midstream accounting

Education

Bachelor degree in Accounting, Finance or Business administration

Job description

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Our core assets provide services for customers in the Delaware Basin in West Texas and New Mexico, and the DJ Basin in northeastern Colorado, and the Powder River Basin in Northeast Wyoming. Additional assets and investments are located in South Texas, Utah, and Southwest Wyoming.

We're engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing and transporting condensate, natural gas liquids (NGLs) and crude oil; and gathering, transporting, recycling, treating and disposing of produced water for our customers. In our capacity as a natural gas processor, we also buy and sell natural gas, NGLs, and condensate on our behalf and our customers under certain gas processing contracts.

Western Midstream (WES) is publicly traded on the New York Stock Exchange under the symbol, WES.

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 withexternalrepresentatives.
• 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 isnoteligible 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.

Western Midstream does not offer sponsorship of employment-based nonimmigrant visa petitions for this role.

Western Midstream is an equal opportunity employer committed to diversity in recruiting, hiring, developing, compensating and promoting applicants and employees. All employment decisions are made without regard to sex, race, color, religion, national origin, citizenship, age, disability, marital or veteran status, sexual orientation, gender identity or expression, or any other legally protected categories. This includes providing reasonable accommodation for employee's and applicant's disabilities or religious beliefs and practices.