Accountant I

Job Type:

Plains All American is an industry-leading transportation and midstream provider specializing in transportation, storage, processing and marketing solutions for crude oil and natural gas liquids (NGLs). We own an extensive network of pipeline transportation, terminalling, storage and gathering assets in key crude oil and NGL producing basins and transportation corridors and at major market hubs in the United States and Canada. On average, Plains handles more than 6 million barrels per day of crude oil and NGL in its Transportation segment. The company is headquartered in Houston, Texas.

We are looking for highly-motivated individuals who enjoy working as part of a team in a dynamic and entrepreneurial work environment.

Position Summary:

The Financial Accountant will be responsible for processing cash receipts, as well as, preparing monthly journal entries, monthly reporting packages (MRPs), Joint Venture (JV) reporting packages, and other projects as needed. The position requires: communication, research, attention to detail, and adhering to deadlines.   The position will report to the Financial Accounting Supervisor.

The selected candidate will be eligible for company benefits including Medical/Dental/Vision, vacation time off, and flex days. Additionally, this position comes with the option of a hybrid work schedule, combining working in our Houston office with working remotely.

Primary Responsibilities:

• Cash receipt entry – checks

• Distribution of copies of cash receipts related to gas disbursements and/or royalty accounting

• Prepare project templates related to cash receipts

• Analyze, reconcile, and prepare:

  • Bank reconciliations (JV bank accounts)

  • Monthly recurring and reversing journal entries

  • Monthly Reporting Packages for consolidated entities, for example AR Land

  • Monthly Reporting Packages for Joint Venture legal entities

• Assist with AR imports

• Meet all monthly and quarterly deadlines

• Responsible for understanding and explaining activity in assigned MRPs (including JV’s) with proper documentation and monthly wire request, as needed

• Support JV Reporting, including quarterly FERC reporting

• Process monthly Netout settlements within the deadline

• Document and update monthly timeline

• Assist with various financial accounting tasks, as needed

• Provide support for financial reporting, tax, and internal/external auditor requests

Knowledge, Skills, and Experience Required:

• Bachelor’s degree in Accounting

• 1-2 years relevant accounting and industry experience preferred but not required

• Experience with computer systems and programs such as Oracle (R12) and Oracle Fusion a plus

• Proficient with MS Office, including advanced Excel skills

• Focus on work quality – accurate, thorough, and strong attention to details

• Be willing to work overtime during the monthly close if needed

• Effective in a dynamic and fast-paced environment, adapting to and managing change in a positive and proactive manner

• Strong communication skills, both written and verbal, and ability to interact effectively with various levels of staff and management in various departments

• Deadline and results oriented

• Excellent organizational skills

• Motivated and results-driven approach to work

• Capable of establishing working relationships that promote teamwork

• Responsible individual who takes initiative/ownership in all areas of work

• Cleared criminal history (background) and satisfactory reference checks

• Compliance with the Company’s drug and alcohol policy including pre-employment D&A testing.

At Plains, our employees are our most valuable asset. Hard work is rewarded with competitive compensation and a top-tier benefits program designed to keep our employees safe, healthy and happy. We work hard to deliver the best results to our stakeholders and we also respect our employees need for personal and family time, which is reflected in our benefits program.

Salary details estimated by job boards such as Indeed, Glassdoor, and LinkedIn do not represent Plains’ compensation structure. We thank all candidates for their interest; however, only those selected for an interview will be contacted. 

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