Midstream Oil and Gas Accountant

2 weeks ago


Dubai, Dubai, United Arab Emirates LHH Company Full time

This position pays 90K-100K+Bonus and profit sharing and offers a flex time schedule.

Job Duties:

  • Using spreadsheets and / or allocations software, prepare allocations of plant liquids production and residue back to the well head and at the tailgate of a plant.
  • Using spreadsheets and / or allocations software, prepare sales invoices, purchase settlement statements and record entries into the general ledger for the purchase and sale of natural gas and liquid hydrocarbons.
  • Prepares and invoices producers and shippers for various gathering, processing and treating fees; recording entries for such in the general ledger
  • Answers producer questions, provides meter statements and settlement statements
  • Prepares monthly and periodic tax reports for filing and payment with various state and federal agencies
  • Analyzes and explains monthly and seasonal fluctuations in volume and amounts as compared to prior months and budget
  • Assists in the preparation of monthly, quarterly and annual internal and external financial statements and reporting packages
  • Follows up on payments and invoices to assure accurate and timely collection
  • Prepare, post and process prior period adjustments for payment and / or invoicing.
  • Reconcile volumes and values from spreadsheets and allocations software to the general ledger
  • Balance the plant monthly to assure all quantities and related values are properly captured and accounted for
  • Coordinate with plant personnel to understand (and explain, if necessary) plant operations and output
  • Coordinate with commercial sales and gas purchase personnel to understand and use product pricing and contract terms

Qualifications:

  • Bachelor's Degree in Accounting, Finance or General Business
  • 3-5 years of experience
  • TIPS software experience is a plus

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