Lead Accountant IV

Category:
Engineering
Industry:
Oil & Gas
Type:
Contract
Location:
Houston, Texas
Job ID:
#159027

Our Client is one of the world's largest multinational oil and natural gas service companies.

We currently have an available contract assignment for Lead Accountant in Houston, TX

Description:

  • Prepare monthly pipeline actualization and settlements with trading counter-parties.
  • Coordinate with other settlement accountants and trader’s/schedulers for contract resolution.
  • Also preforming the monthly Oracle payments upload process.
  • Lead in the process of preparing and providing monthly cash forecast to the Treasury group.
  • Review and approve the margin analysis including the monthly estimate vs actual for five general ledger lines of business (eight business segments).
  • Overall Coordination of the Accrual and Actual Earnings calculations including JE support, reconciliations to GL and audit support as well as SOX compliance.
  • Work with Tidal Traders, Schedulers and Commercial Analyst to ensure timely and accurate earnings accruals and actualization.
  • Ensure Crude accounting accrual and actual excel template is maintained for needed business changes and calculations are correct.
  • Ensure inter company balances are properly eliminated during closing and settled as required.
  • Review and posting of Market to Market information that is provided by the Risk group on a monthly basis.
  • Prepare lower cost or market calculations (LCM) for crude inventories on a monthly basis, ensuring accurate calculations.
  • Coordinate, review and sign off on the monthly balance sheet reconciliations.
  • Lead the coordination, preparation, analysis and reporting of the Excel financial files; including providing comments on any large changes from month to month.
  • Respond to inquiries on the financials from Tidal Energy Services, Corporate and Senior Management.
  • Prepare and review corporate and PWC required quarterly variance analysis and support schedules.
  • Prefer candidates with CPA, 10+ years experience in crude oil settlements and crude oil accounting. 

Required:

  • Crude Oil pipeline actualization and purchase/sales settlements experience.
  • Accounting Degree
  • Strong excel skills
  • Familiarity with Open Link or other crude oil trading systems.
  • Experience with Crude Oil contracts settlement systems
  • CPA, master’s degree, MBA and/or equivalent related industry experience a plus
  • Strong organizational skills; ability to manage multiple deadlines concurrently
  • Strong analytical, communication and interpersonal skills
  • Familiarity with Oracle, Open Link or other oil trading system/contracts system software would be beneficial
  • Overall accounting relevant experience (6-7 years minimum)
  • Experience with Oracle, Openlink and/or Egistix a plus

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