Sr Accountant - Pipeline - 2210002863 - Houston, TX Job at Energy Transfer

Energy Transfer Houston, TX 77002

Summary:
Seeking a dynamic, professional senior accountant who will be a key part of the Company’s Pipeline Accounting Team. The Crude Pipeline Accounting Team is responsible for over 40 crude oil pipelines and is a critical part of the Company’s Crude Oil business segment. The prospective employee will perform a combination of general accounting and pipeline accounting duties on complex crude pipelines, including revenue recognition and deferred revenue analysis, invoicing and tariff analysis, volumetric reconciliations, and supporting the Partnership’s FERC reporting responsibilities as required. Additionally, the employee may assist with projects related to automation initiatives with our IT and system support teams.

Essential Duties and Responsibilities:

  • Prepare pipeline volume accounting, reconciliation and related tariff review for complex crude pipeline assets in an accurate and timely manner
  • Demonstrate in-depth understanding of the asset/tariff structure and business drivers of the assigned pipelines
  • Perform account reconciliations and analyses to support the accuracy of the general ledger and related sub-ledgers
  • Conduct month-end close procedures including preparing journal entries related to transactions in assigned areas necessary for the accurate accounting of the Company’s crude pipeline assets
  • Perform variance analysis of actual revenues and volumes against forecast or prior month/quarters for assigned pipelines and communicate insightful financial analysis to management team.
  • Communicate with pipeline shippers and other customers about issues and resolve problems, interface with Business Development (BD) and Scheduling groups on new projects and provide control functions for existing business. Demonstrate ability to effectively interact with Management and Operations as it relates to pipeline accounting processes and policies.
  • Provide support and analysis, as required, to support the Partnership’s FERC reporting responsibilities
  • Coordinate and address requests from corporate (internal and external) and 3rd party Customer, internal and external audits etc.
  • Maintain evidence of controls performed to ensure SOX compliance
  • Drive for continuous process improvement
  • Analyze and document current business processes and collaborate with IT to continuously identify process/system optimization opportunities
  • Work directly with subject matter experts to understand the individual needs of the business and communicate the business requirements to IT and other support groups
  • Oversee implementation projects from beginning to completion

Requirements:

Education and/or Experience, Knowledge, Skills & Abilities:

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below:

  • Bachelor's degree in Accounting
  • Experience in Public Accounting commensurate with the job level below
  • General ledger experience and strong understanding of accounting principles behind revenue recognition and deferred revenue.
  • Strong computer skills and systems knowledge; SAP (Hana) and Synthesis experience a plus
  • Must be able to proactively identify financial issues and drive towards solutions
  • Ability to work independently with minimal supervision and influence others outside of the department
  • Strong written and verbal communication skills
  • Must be able to adapt well to rapidly changing priorities and responsibilities
  • Proven team player, with the ability to develop and maintain collaborative working relationships, while demonstrating a high level of cooperation and mutual respect

Required experience is commensurate with the selected job level:

  • The Specialist/Analyst level requires a Bachelor’s degree and 2-5 years of relevant job related experience
  • The Senior Specialist/Analyst level requires a Bachelor’s degree and 5-8 years of relevant job related experience
  • The Lead Specialist/Analyst level requires a Bachelor’s degree and 8+ years of relevant job related experience

Preferred Qualifications:

  • Midstream Pipeline Accounting Experience preferred
  • Experience with data integration and reporting tools preferred

EOE

Job Type: Full-time

Pay: $1.00 - $2.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Paid time off

Schedule:

  • Monday to Friday

Application Question(s):

  • Do you have a strong understanding of accounting principles behind revenue recognition and deferred revenue?

Education:

  • Bachelor's (Required)

Experience:

  • relevant: 5 years (Required)
  • general ledger: 3 years (Required)
  • SAP: 3 years (Required)

Work Location: In person




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