Accountant I
Posted on: 16 Jun 2021
Houston, TX
Job Description
Job Purpose/Summary
The Accountant I will be responsible for accounting close duties, state reporting, and providing customer service to internal and external customers. The accountant will be working closely with other departments to insure accurate and timely royalty payments. The accountant will need to demonstrate strong problem solving, organization, communication, and collaboration skills.
Job Responsibilities:
Coordinate escheat process with the Law, IT, and Division Order Departments
Research and coordinate resolution on inquiries from Marketing, Division Order, Crude Oil Accounting, Net Outs and outside entities on revenue and royalty issues
Prepare daily and monthly balancing of crude oil system to royalty system
Respond to operator and owner inquiries
Reconcile and process gas payments received from operators
Coordinate lease set up with Marketing and Division Order Departments
Appropriately handle prior period adjustments to ensure accurate payment(s)
Close monthly payable ledgers
Research and reconcile outstanding items for general ledger account reconciliations; prepare journal entries as required
Evaluate and input tax reserves into the system monthly
Evaluate operator requests for tax reserve deductions and calculate prior month deductions
Analyze and process part interest turn around documents received from operators monthly
Prepare ad hoc reports and perform analyses as requested by management
Coordinate special projects as assigned by supervisor
Provide and update documented desk procedures; participate and successfully perform cross training within department
Knowledge, Skills, and Experience Required:
Bachelor’s Degree in Accounting or Finance required
Must be detail oriented and possess the ability to stay organized
Must interact effectively with others in a team environment while maintaining a professional and positive attitude
Must be a self-starter and able to work independently with minimal supervision
Ability to meet strict deadlines
Advanced excel skills required
Prefer experience with VBA, process automation, and/or RPA
Plains All American Pipeline
Houston, TX
Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. It operates through three segments: Transportation, Facilities, and Supply and Logistics. The Transportation segment engages in the transportation of crude oil and natural gas liquids (NGLs) on pipelines, gathering systems, trucks, and barges. As of December 31, 2018, this segment owned and leased assets comprising 17,965 miles of crude oil and NGL pipelines and gathering systems; 31 million barrels of above-ground tank capacity; 830 trailers; 50 transport and storage barges; and 20 transport tugs. The Facilities segment is involved in the provision of storage, terminalling, and throughput services primarily for crude oil, NGLs, and natural gas; NGL fractionation and isomerization services; and natural gas and condensate processing services.
This segment owned and operated approximately 77 million barrels of crude oil storage capacity; 32 million barrels of NGL storage capacity; 63 billion cubic feet of natural gas storage capacity; 25 billion cubic feet of base gas; 7 natural gas processing plants; a condensate processing facility; 8 fractionation plants; 33 crude oil and NGL rail terminals; 5 marine facilities; and 425 miles of pipelines. The Supply and Logistics segment engages in merchant-related activities, including purchase of crude oil, as well as NGL from producers, refiners, processors, and other marketers; storage of NGL and natural gas; and resale and transport of crude oil and NGL.
It owned 15 million barrels of crude oil and NGL linefill; 4 million barrels of crude oil and NGL linefill in pipelines owned by third parties and other inventory; 750 trucks and 900 trailers; and 9,100 crude oil and NGL railcars. The company offers logistics services, principally for crude oil, NGLs, and natural gas. PAA GP Holdings LLC operates as a general partner of the company. Plains GP Holdings, L.P. was founded in 2013 and is headquartered in Houston, Texas.
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IndustryOil and Gas
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No. of Employees4900
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Jobs Posted20
