Revenue Accountant
Houston, TX - USA
Job Summary
Producers Midstream Management LLC is a private equity backed midstream service provider based in Dallas TX.
PM offers comprehensive benefits including medical dental 401k (company match) tuition reimbursement and much more.
- Perform monthly revenue accounting activities for natural gas crude oil NGLs gathering transportation compression processing and other midstream assets.
- Process purchaser statements settlement statements and revenue distributions accurately and timely.
- Validate production volumes measurement data pricing and contract terms prior to revenue recognition.
- Prepare and record monthly journal entries related to revenue accruals and adjustments.
- Reconcile revenue accounts accounts receivable production volumes and general ledger balances.
- Investigate and resolve volume pricing allocation and payment discrepancies with internal departments and third-party customers.
- Review and analyze contracts to ensure proper revenue recognition and settlement calculations.
- Coordinate with Measurement Operations Commercial and Land departments to resolve production and allocation issues.
- Prepare monthly revenue reports variance analyses and management reporting.
- Assist with month-end and year-end closing activities.
- Support internal and external audits by preparing requested documentation and account reconciliations.
- Ensure compliance with GAAP company policies and applicable regulatory requirements.
- Assist with implementation and continuous improvement of accounting processes and internal controls.
- Participate in special projects acquisitions and system implementations as assigned.
- Maintain accurate accounting records and supporting documentation.
- Perform other duties as assigned.
- Bachelors degree in Accounting Finance or a related field required.
- CPA certification or progress toward CPA is preferred.
- 3 years of revenue accounting experience within the oil and gas industry required.
- Midstream revenue accounting experience preferred.
- Experience with gathering processing transportation and NGL accounting is highly desirable.
- Experience with production accounting systems and ERP software preferred.
- Strong understanding of oil and gas revenue accounting principles and GAAP.
- Knowledge of production volumes settlement statements contracts pricing and allocations.
- Ability to analyze large data sets and identify discrepancies.
- Strong analytical organizational and problem-solving skills.
- Advanced Microsoft Excel skills including Pivot Tables VLOOKUP/XLOOKUP and formulas.
- Experience with ERP systems such as SAP Oracle NetSuite or similar accounting software.
- Excellent verbal and written communication skills.
- Ability to prioritize multiple projects while meeting deadlines.
- Ability to work independently and collaboratively within a cross-functional team.
- Primarily office-based environment in Dallas or Houston TX.
- May require extended hours during month-end and year-end close.
- Occasional travel may be required for training audits or company meetings.
- Ability to sit stand and work at a computer for extended periods.
- Ability to lift and carry equipment up to 25 pounds.
- Ability to travel to field locations offices and operational facilities as needed.
About Company
With more than 70 years of midstream experience, Producers Midstream is committed to maximizing the value of our producer’s operations.