Financial 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

Position will be responsible for equity-method accounting, consolidation accounting, account reconciliation package compilation and review, asset retirement obligations, and various special projects within the Financial Accounting group.  Position may also assist with technical issues research and documentation, impairment/useful life analysis, asset divestitures, joint venture formations, and other asset-related transactions. Position will also prepare various federal and state regulatory filings.  Position will interact with the entire accounting group as well as commercial, operations, marketing, executive management, and joint venture partners. Position will report to the Financial Accounting Manager.

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

Primary Responsibilities

• Equity method investments and preparation of related account reconciliations

• Consolidation accounting

• Journal entry preparation

• Account reconciliation package compilation, review, and tie-out

• Variance/flux analysis for monthly management meeting materials

• Asset retirement obligations, impairment and accelerated depreciation analysis and documentation

• Assistance with asset divestitures, joint venture formations and other large asset-related transactions

• Technical issues research and other ad hoc research

• Preparation of various federal and state regulatory filings

• Special projects as needed

• Process improvement evaluation and implementation

• Various other analysis and reporting for management

• Support for financial reporting, tax, and internal/external auditors

Education and Experience Requirements

• Accounting degree

• CPA strongly preferred

• 1-2 years of accounting experience, strongly prefer public accounting experience

• Technical issues research experience required

• Midstream oil and gas experience a plus

• Proficient with Microsoft Office Suite, including advanced Excel skills

• Oracle experience a plus

Personal Attributes and Position Requirements

• Experience handling multiple projects and managing priorities

• Capable of establishing effective working relationships that promote teamwork and collaboration

• Ability to assist with strategic development and execution of financial accounting projects

• Well-developed analytical skills and experience

• Ability to understand and convey complex information to develop a solution or approach

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

• Self-directed, motivated, and results-driven approach to work, with the ability to meet deadlines

• Ability to independently develop innovative solutions to problems/challenges as they arise

• Excellent organizational skills and attention to detail

• Effective interaction with individuals at all levels within the organization

• Excellent communication skills, both written and verbal

• Cleared criminal history (background) and satisfactory reference checks

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

#Plains

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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