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Open nowPosted 37 days ago

26-056.P - Property Accountant

hec58 open roles

Where
Houston, TX
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Your applicationOpen now26-056.P - Property Accountanthec · Houston, TX

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The clock on this job

Early applications get read.

8.2% of postings close within 7 days. Measured by our own scanner across the market. hec postings stay open a median of 2 days.

Share of postings closed within
  1. 1.8%1 day
  2. 3.6%3 days
  3. 8.2%7 days
  4. 15.2%14 days
  5. 34.0%30 days
This job: posted 37 days ago

hec median: 2 days open

The posting

Job Objective: Performs routine property accounting tasks including recording capital activity, assisting with asset analysis, and supporting acquisition and divestiture processes.

Essential Job Responsibilities:

  • Assists in preparation of schedules, journal entries, and analysis for each of the following aspects of property accounting:Depreciation of pipelines, storage facilities, gas processing facilities and gathering systems, and corporate fixed assets; and Asset retirement obligations associated with pipelines, storage facilities, gas processing facilities and gathering systems; and Impairment of pipelines, storage facilities, gas processing facilities and gathering systems.
  • Preparation of work papers to support the company’s financial statements.
  • Assist in preparation of schedules, journal entries, and analysis for the following aspects of acquisition and divestiture accounting:Record accounting related to acquisitions and divestitures accurately and timely in the Company’s ledgers and consolidated financial statements; and Record opening PPC balances and purchase price adjustments related to business combinations.
  • Assist with the audits of the annual financial statements.
  • Research and prepare journal entries related to inventory.
  • Assists Corporate Accounting team with monthly, quarterly, and annual accounting, as needed.
  • Contributes to team effort by accomplishing related results, as needed.
  • Assist with FERC accounting and reporting and schedules to support FERC Filings.
  • Monitor and complete AFEs in a timely manner to ensure all Assets created.

Other Job Responsibilities:

  • Demonstrate commitment to company core values — Integrity, Ownership, Urgency, Alignment, and Innovation — in all daily responsibilities and interactions.
  • Actively support and contribute to the company’s mission and vision through reliable, high-quality work

Qualifications:

  • Three years of accounting experience required with a minimum of one (1) year of property accounting experience, preferably in the oil and gas industry.
  • Ability to identify and analyze accounting and financial reporting questions and develop solutions responsive to those questions.
  • Ability to establish and maintain effective working relationships with employees, supervisors, other departments, officials, and the public.
  • Ability to complete multiple, diverse tasks of differing priorities.
  • Excellent written and verbal communication skills, with specific ability to translate complex financial information into an organized and presentable manner.
  • Outstanding administrative and organizational skills.
  • Proficiency in the use and application of the following software:Required: Microsoft Office (Excel, Word, PowerPoint, and Outlook).
  • Preferred: Strong working knowledge of SAP

Education Requirements, Certifications, Licenses, and Registrations:

  • Bachelor’s Degree from an accredited four-year university or college with a concentration in accounting required.
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