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Job Details

Accountant Crude Oil

Company name
American Midstream

Houston, TX

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American Midstream Partners, LP is a growth-oriented limited partnership formed to provide critical midstream infrastructure that links producers of natural gas, crude oil, NGLs, condensate and specialty chemicals to end-use markets. American Midstream’s assets are strategically located in some of the most prolific onshore and offshore basins in the Permian, Eagle Ford, East Texas, Bakken and Gulf Coast. American Midstream owns or has an ownership interest in approximately 4,000 miles of interstate and intrastate pipelines, as well as ownership in gas processing plants, fractionation facilities, an offshore semisubmersible floating production system with nameplate processing capacity of 100 MBbl/d of crude oil and 240 MMcf/d of natural gas; and terminal sites with approximately 6.7 MMBbls of storage capacity.

This position is responsible for duties associated with Crude oil disbursements to operators and owners. The successful candidate will have the ability to understand the crude oil business and provide meaningful operational and financial reports and analysis.
Primary Responsibilities

  • Process crude oil payments to operators and owners as established by Division orders, and Buy/Sell agreements

  • Monthly Invoicing of customers

  • Answers and resolves internal and external customer inquiries, including audit inquiries

  • Prepares multiple routine management reports and provides special reports as requested

  • Identify and drive process improvements related to crude oil inventory controls

  • Provide payment detail to Accounts Payable for all operators

  • Complete monthly, quarterly and annual crude journal entries

  • Work closely with Commercial, Measurement, Contracts, AP, Financial Reporting and various other teams to complete monthly and Quarterly Gross Margin Variance analysis

  • Complete Account Reconciliations

  • Work with Internal and External audit, by providing data, and ensuring the correct understanding of our business

  • Proactive self-starter, with the ability to work independently and as a member of a team. Complete special projects as requested

  • Other duties as assigned

Working Conditions

  • The conditions the worker will be subject to in this position include

  • Physical activity(ies) of this position include: climbing, balancing, stooping, kneeling, crouching, crawling, reaching, standing, walking, pushing, pulling, lifting, fingering, grasping, feeling, talking, hearing, repetitive motion

  • Physical requirements of this position are:

    • Sedentary work. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

  • The visual acuity requirements including color, depth perception and field vision for this position include:

    • The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading; visual inspection involving small defects, small parts, and/or operation of machines (including inspection); using measurement devices; and/or assembly or fabrication parts at distances close to the eyes

  • The conditions the worker will be subject to in this position include:

    • None. The worker is not substantially exposed to adverse environmental conditions (such as in typical office or administrative work.)

  • Anticipated travel less than 10%.

Education and Qualifications

  • Minimum of Bachelor’s Degree in Accounting; Masters of Accountancy or MBP preferred

  • Minimum of three years Crude Experience required; Five years or more experience preferred; Minimum 6 or more years related business experience

  • Certified Public Accountant (CPA) preferred

  • Advanced understanding of generally accepted accounting principles (GAAP), and ability to apply those principles to new and existing transactions required

  • Excellent professional written and verbal communication and interpersonal skills required

  • Ability to work well in teams to produce quality materials within tight timeframes

  • Advanced analytical skills required

  • Requires a willingness to work a flexible schedule

  • Ability to prioritize assignments, deal with interruptions, and meet deadlines in a fast paced and growth oriented environment

American Midstream is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, creed, religion, national origin or ancestry, sex, age (40 or over), disability, genetic information, veteran status, or any other legally protected status under local, state, or federal law.

Company info

American Midstream

Company Profile

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