Intern - Accounting Crude Oil

Energy Transfer • Houston, TX

2d

About The Position

Energy Transfer is seeking an accounting intern to join its crude pipeline revenue accounting team in Houston, Texas. The team tracks, bills, analyzes, and reports revenue transactions for gathering and transportation services provided by crude oil pipelines, produced water pipelines and disposal facilities, and merchant storage tank facilities. Its work includes managing revenue billing, recognition, and collection in accordance with ASC 606, and providing accounting support for contract review, tariff analysis, volumetric reconciliations, and financial statement variance analysis. The team also maintains detailed revenue accounting and pipeline volumetric records to support disclosure requirements and timely, accurate reporting to the SEC, FERC, and joint venture partners.

This is a twelve-week internship program starting in May 2027. The intern will assist with accounting, reporting, audit, and process improvement work, while communicating with internal and external customers and adapting to changing priorities.

Requirements

• Currently enrolled in college, majoring in Accounting or Finance.
• Preferably junior status as of Fall 2027.
• Self-motivated, with involvement in activities outside college studies.
• Above-average GPA.
• Strong willingness to learn.
• Ability to work independently with minimal supervision.
• Strong written and verbal communication skills.
• Ability to adapt to rapidly changing priorities and responsibilities.
• Ability to organize, perform, and prioritize varied functions in a fast-paced environment.
• Ability to work effectively as a team member with a diverse workforce and people at various organizational levels.

Nice To Haves

• Completion of introductory accounting and/or finance courses before the internship begins.
• Strong computer skills and advanced Excel skills.

Responsibilities

• Prepare journal entries and account reconciliations, and analyze trends in P&L and balance sheet accounts.
• Conduct financial variance analysis by comparing actual revenues and volumes against prior periods and identifying and explaining trends and anomalies.
• Follow established best practices for monthly revenue billing, revenue recognition, and subsequent cash collection to ensure accounting accuracy and completeness.
• Support review and analysis of revenue contracts and tariffs for assigned assets to help ensure accurate application of ASC 606 revenue recognition standards.
• Support quarterly financial and SOX audits.
• Support and participate in accounting system, process automation, and data transformation projects, helping drive adoption of new features and functionalities.
• Communicate with internal and external customers about issues and help resolve problems.
• Prepare supporting files for quarterly and annual FERC and SEC reporting deliverables.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed