What are the responsibilities and job description for the Midstream Oil and Gas Accountant, 100K-110K+Bonus position at LHH?
We are looking to fill a Senior Midstream Oil and Gas Accountant position with one of the largest midstream companies in Dallas. The ideal candidate will have experience working with allocations in a midstream oil and gas company setting.
This position pays 100-110K Bonus and profit sharing and offers a flex time schedule.
Job Duties:
- Using spreadsheets and / or allocations software, prepare allocations of plant liquids production and residue back to the well head and at the tailgate of a plant.
- Using spreadsheets and / or allocations software, prepare sales invoices, purchase settlement statements and record entries into the general ledger for the purchase and sale of natural gas and liquid hydrocarbons.
- Prepares and invoices producers and shippers for various gathering, processing and treating fees; recording entries for such in the general ledger
- Answers producer questions, provides meter statements and settlement statements
- Prepares monthly and periodic tax reports for filing and payment with various state and federal agencies
- Analyzes and explains monthly and seasonal fluctuations in volume and amounts as compared to prior months and budget
- Assists in the preparation of monthly, quarterly and annual internal and external financial statements and reporting packages
- Follows up on payments and invoices to assure accurate and timely collection
- Prepare, post and process prior period adjustments for payment and / or invoicing.
- Reconcile volumes and values from spreadsheets and allocations software to the general ledger
- Balance the plant monthly to assure all quantities and related values are properly captured and accounted for
- Coordinate with plant personnel to understand (and explain, if necessary) plant operations and output
- Coordinate with commercial sales and gas purchase personnel to understand and use product pricing and contract terms
Qualifications:
- Bachelor’s Degree in Accounting, Finance or General Business
- 3-5 years of experience
- TIPS software experience is a plus
If you are interested in this job or other Accounting and Finance career opportunities from LHH Recruitment Solutions please email Rami Muhanna at rami.muhanna@lhh.com or visit our website at www.lhh.com