Accountant

Job Summary

Western Midstream is seeking an Accountant to collaborate with producers, commercial development, and operations to account for midstream producer allocations and settlements.

Qualifications

• 5+ years of professional accounting experience in oil and gas; additional years of midstream industry experience highly desired.
• Experience in processing gas plant allocations, utilizing plant allocation systems (W Energy or Quorum TIPS preferred).
• Strong analytical and research skills, attention to detail, ability to multitask and work towards tight deadlines.
• Flexibility to work extended hours during peak periods and ability to successfully manage changing priorities.
• 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.

Responsibilities

• Perform plant allocations and producer settlements for midstream assets.
• Affirms that contract terms are properly reflected in the gas, water, and oil allocation and settlement processes.
• Responsible for imbalances, accounts receivable and account reconciliations.
• Records journal entries for multiple entities and ensures transactions are recorded, documented, reviewed, and supported in accordance with Company policies and controls.
• Provides variance analysis on balance sheet and income statement accounts for management reporting purposes.
• Develops and maintains good working relationships with Commercial Development, Field Operations, Contract Administration, Planning, and Measurement, as well as external auditors and producers.
• Answers and resolves internal and external customer inquiries, including audit inquiries.
• Completes governmental regulatory filings.
• Responsible for accuracy and timeliness of transactions in the accounting systems and general ledger accounts.
• Applies an analytical review to system results to ensure transactions are properly recorded in the accounting systems.
• Supports special projects as needed and assists others as requested by management.
• Prepares operational and financial summaries which capture revenues, cost of product, volumes, pricing, and variance explanations.

Education

• Bachelor’s degree in Accounting, Finance or Business administration.

Relocation

This position is not eligible for relocation.

Travel Requirements

The percentage of travel required for this position is 0-5%.

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.