26-056.P - Property Accountant

Location: Houston, TX

Job Objective

Performs routine property accounting tasks including recording capital activity, assisting with asset analysis, and supporting acquisition and divestiture processes.

Essential Job Responsibilities

• Assists in preparation of schedules, journal entries, and analysis for each of the following aspects of property accounting:
• Depreciation of pipelines, storage facilities, gas processing facilities and gathering systems, and corporate fixed assets; and
• Asset retirement obligations associated with pipelines, storage facilities, gas processing facilities and gathering systems; and
• Impairment of pipelines, storage facilities, gas processing facilities and gathering systems.
• Preparation of work papers to support the company’s financial statements.
• Assist in preparation of schedules, journal entries, and analysis for the following aspects of acquisition and divestiture accounting:
• Record accounting related to acquisitions and divestitures accurately and timely in the Company’s ledgers and consolidated financial statements; and
• Record opening PPC balances and purchase price adjustments related to business combinations.
• Assist with the audits of the annual financial statements.
• Research and prepare journal entries related to inventory.
• Assists Corporate Accounting team with monthly, quarterly, and annual accounting, as needed.
• Contributes to team effort by accomplishing related results, as needed.
• Assist with FERC accounting and reporting and schedules to support FERC Filings.
• Monitor and complete AFEs in a timely manner to ensure all Assets created.

Other Job Responsibilities

Demonstrate commitment to company core values — Integrity, Ownership, Urgency, Alignment, and Innovation — in all daily responsibilities and interactions.

Actively support and contribute to the company’s mission and vision through reliable, high-quality work

Qualifications

• Three years of accounting experience required with a minimum of one (1) year of property accounting experience, preferably in the oil and gas industry.
• Ability to identify and analyze accounting and financial reporting questions and develop solutions responsive to those questions.
• Ability to establish and maintain effective working relationships with employees, supervisors, other departments, officials, and the public.
• Ability to complete multiple, diverse tasks of differing priorities.
• Excellent written and verbal communication skills, with specific ability to translate complex financial information into an organized and presentable manner.
• Outstanding administrative and organizational skills.
• Proficiency in the use and application of the following software:
• Required: Microsoft Office (Excel, Word, PowerPoint, and Outlook).
• Preferred: Strong working knowledge of SAP

Education Requirements, Certifications, Licenses, and Registrations

Bachelor’s Degree from an accredited four-year university or college with a concentration in accounting required.