Midstream Accounting Advisor

Location: 

The Woodlands, TX, US, 77380

Req ID:  1764

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.

Summary

Western Midstream is looking to fill the position of a Midstream Accounting Advisor. 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:

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. 
  • 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 10 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.

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