NGL Energy Partners

P&L Analyst

Posted on: 4 Jun 2021

Denver, CO

Job Description

The P&L Accounting Analyst is primarily responsible for all aspects of accounting related to Profit and Loss.                                                                                             

General Duties and Responsibilities

Prepare P&L reports to management and other internal stakeholders on at least a monthly basis.
Develop (at least monthly) forecasts and expectations based on contractual rates, known volumes, activity and expenses incurred.
Investigate and reconcile any variances within P&L reports.
Collaborate with accounting and business unit teams to explain trends and variances in P&L reports.
Streamline the period-end close and reporting across multiple basins by identifying and integrating best practices and ensuring consistency in process and documentation.
Maintain desk procedures, checklists, and cheat sheets
Analyze new contracts for P&L impact.
Protect the organization’s value by keeping information confidential.
Provide general and back-fill support to accounting team.
Perform various other analysis and special projects, as assigned.
Regular attendance at the work-site is required. 

Position Qualifications:  Knowledge, Skills and Abilities

High level of critical, and logical thinking analysis and reasoning to identify underlying principles, reasons, or facts; determined to challenge the status quo.
Commitment to results, performance, and efficiency.
Clear and direct communication skills.
Ability to prioritize with minimal oversight.
High level of proficiency with Microsoft Excel.
Ability to work well in a team environment that promote communication among team members.
Keen attention to detail in all areas of work along with excellent time management skills.
Multi-tasking and the ability to work independently.
Must be dependable with a stable work history.
Excellent customer service, interpersonal, and communication skills.
Ability to maintain stability under pressure and be flexible and willing to modify plans and behavior when necessary.
Ability to be a positive representative of the Company both internally and externally.

Experience/Education:

Bachelors degree in Finance or Accounting, or equivalent experience, is required.
Minimum five (5) years experience in Accounting, preferably in the oil & gas industry.
CPA is preferred.
Experience in midstream oil & gas accounting is preferred.
Experience using Oracle software is preferred.
Proven ability to manage and complete time-critical projects.

Travel:

Negligible travel required.

NGL Energy Partners

Tulsa, OK

NGL Energy Partners LP, together with its subsidiaries, engages in the crude oil logistics, water solutions, liquids, retail propane, and refined products and renewables businesses. The Crude Oil Logistics segment purchases crude oil from producers and transports it to refineries for resale at pipeline injection stations, storage terminals, barge loading facilities, rail facilities, refineries, and other trade hubs; and provides storage, terminaling, trucking, marine, and pipeline transportation services. The Water Solutions segment is involved in the treatment and disposal of wastewater generated from crude oil and natural gas production operations; disposal of solids, such as tank bottoms, drilling fluids, and drilling muds, as well as performs truck and frac tank washouts; and sale of recovered hydrocarbons.

The Liquids segment supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants in the United States and Canada through its 21 terminals, as well as offers terminaling and storage services. The Retail Propane segment sells propane, distillates, and equipment and supplies to end users consisting of residential, agricultural, commercial, and industrial customers, as well as resellers.

The Refined Products and Renewables segment markets gasoline, diesel, ethanol, and biodiesel products; and purchase and delivers refined petroleum and renewable products. This segment also purchases and markets unfinished gasoline blending components for subsequent blending into finished gasoline for third parties. NGL Energy Holdings LLC serves as the general partner of the company. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma.