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.