Midstream Accountant


The Woodlands, TX, US, 77380

Req ID:  1675

Western Midstream is a master limited partnership formed to own, develop, acquire, and operate midstream assets. We are 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, and disposing of produced water for our customers.

We operate or own equity interests in assets in the Rocky Mountains, North-central Pennsylvania, and Texas, including approximately 16,000 miles of petroleum and natural gas pipelines and over 100 gathering, treating, and processing facilities.


Western Midstream is looking to fill the position of Midstream Accountant.  This role will collaborate with producers, commercial development, and operations to account for midstream producer allocations and settlements.  The ideal candidate will have a strong understanding of accounting principles and procedures, as well as experience in the midstream sector. The successful candidate will be responsible for preparing financial reports, managing accounts payable and receivable, and performing SOX controls.


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



The ideal candidate must:

  • 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;
  • 5-6 years of previous accounting experience.



  • 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. 
  • Prepare necessary journal entries and account reconciliations.
  • Work closely with operations and commercial development to stay informed of physical flow changes and contract changes related to assigned assets.
  • Review contracts to be sure 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.



  • Bachelor degree in Accounting, Finance or Business administration


Travel Requirements:



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 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.  

To learn more about our Pay-for-Performance Compensation and our comprehensive benefits package, click here

Nearest Major Market: Houston