Associate Accountant - Pipeline

Energy Transfer, recognized by Forbes as one of America's best large employers, is dedicated to responsibly and safely delivering America's energy. We are driven to inspire our employees to create superior value for our customers, our investors, a sustainable future and giving back to the community where we have long-standing commitments to causes including MD Anderson Children's Cancer Hospital, The Salvation Army, The American Red Cross, Ronald McDonald House and many more.

We value all of our employees who make our growth and success possible. We are proud to offer industry leading compensation, comprehensive benefits, 401(k) match with additional profit sharing, PTO and abundant career opportunities.

Come join our award winning 12,000 strong organization as we fuel the world and each other!

Summary:
Energy Transfer is looking for an Associate Crude Pipeline Revenue Accountant to join our crude pipeline revenue accounting team in Houston, Texas. We encourage a culture of inquiry by always asking why, transforming data into meaningful information, and leveraging technology to streamline our processes

The Crude Pipeline Revenue Accounting Team is responsible for tracking, billing, analyzing, and reporting revenue transactions associated with the gathering and transportation services provided by Energy Transfer's crude oil pipelines, produced water pipelines and disposal facilities, as well as merchant storage tank facilities. Energy Transfer owns and operates various crude oil trunk pipelines as well as crude oil and produced water gathering pipelines, through Energy Transfer's wholly owned subsidiaries or joint venture interests. The Crude Pipeline Revenue Accounting team tracks and manages revenue billing, revenue recognition, and revenue collection to ensure compliance with ASC 606 GAAP accounting standards and provides critical accounting support, including but not limited to revenue contract review, tariff analysis, volumetric reconciliations, and financial statement variance analysis to support the operations of the crude oil business segment.In addition, the team manages the detailed revenue accounting and pipeline volumetric records to suffice various revenue disclosure requirements and to support timely and accurate reporting of revenue to the Securities Exchange Commission (SEC), Federal Energy Regulatory Commission (FERC), and our joint venture partners.

Essential Duties and Responsibilities:

• Ensures the integrity of financial data by preparing journal entries, account reconciliations, and leveraging technical accounting skills to analyze trends in P&L and balance sheet accounts while identifying opportunities for process improvements through innovative solutions
• Conduct financial variance analysis, comparing actual revenues and volumes against prior periods to identify and explain trends and anomalies behind the variances
• Follow pre-established best practice to manage all aspects of the monthly revenue billing, revenue recognition, and subsequent cash collection process to ensure accounting accuracy and completeness
• Support the review and analyze revenue contracts and tariffs pertaining to assigned assets to ensure accurate application of the revenue accounting recognition standards (ASC 606)
• Support the execution of quarterly financial and SOX audits to ensure compliance and accuracy
• Support and participate in accounting system, process automation, and data transformation projects, driving adoption of new features and functionalities to optimize team performance
• Communicate clearly and effectively with internal and external customers about issues and resolve problems
• Prepare supporting files for FERC/SEC quarterly and annual reporting deliverables

Key Attributes

• Consistently fulfills commitments, maintains transparency, and meets deadlines effectively
• Works well in a fast-paced, dynamic environment, responding to change with professionalism and a positive solution-oriented attitude
• Resolves routine issues with guidance from senior team members, asks questions and contributes to team discussions, and supports projects
• Embraces and adapts to changes with enthusiasm, contributing to a culture of innovation and efficiency
• Takes initiative to learn various systems and processes
• Exhibits a strong sense of ownership and resolves issues, including coordinating with other teams/functions as needed and communicates effectively
• Cultivate and maintain productive relationships with internal counterparts to enhance process improvements that are in the best interest of the company
• Navigates stressful situations professionally, aiming for optimal outcomes
• Accepts feedback professionally and translates it into positive changes in behavior and performance