Oil And Gas Job in Houston, Texas : TX
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Crude Oil Accountant
Crude Oil Accountant Job Description
Our downtown Houston energy client is seeking a Crude Oil Accountant for a long term (12-18+ month) opportunity.
*Gather and review volume statements from third parties and affiliated parties.
*Record pipeline revenue.
*Assemble source data and prepare monthly pipeline accounting statements for gas pipelines
and crude oil pipelines.
*Allocate various crude oil and gas systems and record transportation revenue.
*Prepare, analyze and record monthly operational accounting close entries and related cash entries for gas and crude oil pipelines.
*Prepare detailed account reconciliations for Accounts Receivable, Accounts Payable, and Inventory.
*Prepare annual and quarterly pipeline regulatory reporting FERC Form 6.
*Monitor assigned pipeline accounting, including invoicing for gas and crude oil transportation fees and sales, securing payment for all gas and crude oil transport and sales. Reconcile and report on profit/loss and pipeline imbalances.
*Complete month end variance analyses and provide explanations by pipeline/asset for all revenue and operating expenses, comparing to prior month and to forecast.
*Prepare monthly cash forecast.
*Adhere to established work schedule, attendance standards and is punctual to work and meetings.
*7+ years oil and gas operational accounting experience.
*Experience with Form 6 and/or Form 2 required.
*Excellent understanding of revenue and expense transactions as related to the general ledger.
*Proficiency in data management including spreadsheet proficiency. Excel proficiency required.
*Experience with Enertia, STAR system, and Waterfield system preferred.
Houston Oil And Gas Job