Director - Upstream Accounting

Energy Transfer•Dallas, TX

10d•Onsite

About The Position

Energy Transfer is seeking a Director of Upstream Accounting to lead its Upstream Crude Accounting team in the Dallas, Texas office. The team provides a full suite of accounting services to Energy Transfer producing customers. The role leads the upstream accounting organization across revenue, joint interest, production, and fixed asset/AFE accounting, while overseeing close processes, financial reporting, audits, accounting policies, and internal controls. The Director is expected to encourage inquiry, turn data into meaningful information, improve processes through technology, develop team members, and support cross-functional alignment.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field required.
8–12+ years of progressive accounting experience, including significant experience in upstream oil and gas (exploration and production) accounting.
Deep knowledge of upstream accounting practices, including revenue recognition, joint interest accounting, production accounting, AFEs, and DD&A.
Strong analytical, communication, and cross-functional collaboration skills.

Nice To Haves

CPA strongly preferred.
Proficiency with SAP, JVA, and PRA preferred.

Responsibilities

Lead and manage the upstream accounting team, including revenue, joint interest, production, and fixed asset/AFE accounting functions.
Oversee monthly, quarterly, and annual close processes for upstream operations and ensure accurate recognition of oil, gas, and NGL revenues, production volumes, and related costs.
Direct joint interest billing processes, including partner billing, cash calls, settlements, and audit support for operated and non-operated properties.
Ensure proper accounting for exploration and development costs, including successful efforts application, AFE tracking, capitalization, and impairment testing.
Support internal and external audits, including joint venture audits, and respond to partner and regulatory inquiries.
Provide financial analysis and reporting on lease operating expenses, capital expenditures, well economics, and property performance.
Develop, implement, and continuously improve accounting policies, procedures, and internal controls tailored to upstream operations.
Build collaborative relationships across departments and serve as a trusted leader and advocate for direct reports and accounting teams.
Proactively lead initiatives, resolve complex issues, and mitigate risks with minimal oversight.
Align team goals with leadership’s vision by setting expectations, communicating strategic direction, and driving cross-functional alignment.
Foster inclusion, transparency, open communication, and continuous improvement while valuing diverse perspectives.
Develop team members through career planning, coaching, and mentorship; recognize contributions and encourage growth.
Identify process and efficiency improvements, leveraging technology and innovation.
Model integrity, accountability, clear communication, and high-performance standards.