Midstream Revenue Accountant

About the role

The Midstream Revenue Accountant tracks, manages volumes, and accounts for monthly billing and producer/customer settlement statements.

Responsibilities

• Creates and distributes monthly invoices, remittances, and allocations for the Midstream Accounting Department.
• Manages the monthly midstream close process and conducts analysis related to gas plant and terminal accounting.
• Reviews monthly contract updates to ensure accurate customer settlement.
• Prepares timely and accurate gas plant allocations and production settlement statements or invoices in compliance with midstream service agreements.
• Communicates effectively with commercial, operations, and other stakeholders both internally and externally critical to job responsibilities.
• Prepares and analyzes monthly revenue accruals and accrual-to-actual analytics workbook.
• Prepares reports, schedules, and reconciliations associated with oil, gas, and NGL revenue.
• Prepares and uploads revenue-related journal entries into the appropriate accounting system.
• Adheres to policies, procedures, and instructions.
• Maintains confidentiality of financial information.
• Performs other related duties as assigned.

Requirements

• Bachelor’s degree in accounting or finance is required.
• 1-3 years of accounting experience is required.

Skills

• Effective communication skills, both verbal and written.
• Public accounting, revenue accounting, and/or oil and gas experience are a plus.
• Must be detail-oriented, self-motivated, and able to work independently with minimum supervision.
• Waterfield experience is a plus.
• ERP systems experience such as SAP is preferred.
• Strong analytical skills and ability to interpret financial data.
• Proficiency in Microsoft Excel and other accounting software.
• Knowledge of GAAP (Generally Accepted Accounting Principles).
• Ability to reconcile complex accounts and ensure accuracy.
• Ability to meet changing priorities and deadlines.
• Must be organized and detail oriented.
• Knowledge of regulatory requirements in the oil and gas industry.

Physical Demands

This position requires prolonged periods of sitting, frequent computer use, occasional lifting of office supplies, and may involve travel.