Jobs · Accounting · Texas

Gulf Liquids Revenue Accounting Supervisor

Kinder Morgan, Inc. · Houston, TX · 4 days ago
AccountingFull-time

About the Role

This position oversees the revenue and billing functions for the Gulf Liquids Region of the Terminals division.

Responsibilities

  • Ensure the overall accuracy of revenue recognition and customer billing.
  • Supervise the day-to-day activities of the revenue accounting team and the processing of all revenue-related transactions, including:
    • Review and analyze customer contracts with respect to proper revenue recognition, including verifying billing accuracy and completeness.
    • Review contract setup in CMS and Merlin.
    • Ensure timely invoicing based on contract specifications.
    • Monitor and review various contractual conditions such as Shortfall, Excess t-put, tanks out-of-service schedule, and adjust revenue recognition as needed.
  • Responsible for monthly SOX-related reporting.
  • Understand KM’s ASC 606 and 842 requirements and perform related analysis and disclosure.
  • Perform monthly variance analysis on actual revenue when comparing to budget & forecast.
  • Perform quarterly income statement and balance sheet flux analysis for auditors.
  • Assist with internal and external auditors’ requests as needed.
  • Handle other routine tasks and special projects as assigned by the Accounting Manager.
  • Create and maintain productive working relationships with internal and external customers.
  • Deal with a wide variety of people with tact, courtesy, and professionalism.
  • Supervisory responsibilities include training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees.
  • Review work completed by staff for accuracy and completeness.

Requirements

  • Bachelor’s Degree in Accounting.
  • Minimum 5–7 years of work experience in a related field.
  • Minimum 2 years of supervisory experience.
  • CPA or MBA, as well as Big 4 experience, are pluses.
  • Midstream accounting and contract review and analysis experience are pluses.
  • Self-starter on new assignments.
  • Strong written, verbal, and analytical skills.
  • Strong PC skills with hands-on knowledge of Microsoft Office.
  • Experience with Lawson is a plus.
  • Excellent reconciliation and research skills.
  • Strong organizational skills.
  • Sense of urgency to complete assigned tasks on time and accurately.

Overtime may be required at quarter/year-end or as needed, including holidays. Position may be filled at various levels depending on the experience and job skills of the successful candidate.

About the Company

Kinder Morgan is a large energy infrastructure company operating in North America. We provide energy transportation and storage services in a safe, efficient, and environmentally responsible manner for the benefit of the people, communities, and businesses we serve.

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