Senior Technical Accountant - Derivatives

Plains All American•Houston, TX

About The Position

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 Responsible for leading preparation, review and reporting of operational accounting activities, with a primary focus on derivatives (ASC 815), but also including revenues (ASC 606), leases (ASC 842), other technical areas in accordance with US GAAP. Understanding the partnership’s commercial and trading business and interfacing with senior management and cross functional personnel will also be required. The selected candidate will be eligible for company benefits including Medical, Dental, Vision, Paid Time Off (PTO), and Free Parking. 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. By submitting your resume, you consent to the collection, use and necessary disclosure of the personal information provided during the application and selection process. Learn more. At Plains, our vision is to become the premier crude oil and marketing company in the United States and Canada by providing the utmost in value-added services to our customers, and in doing so, delivering superior returns to our stakeholders. Our people are analytical, connected, creative, entrepreneurial and passionate about everything they do. We rely on our Core Values and beliefs to inspire and guide our team. These values include: Safety and Environmental Stewardship: We conduct our business in a manner that is safe for our employees, business partners, communities and the environment. Ownership and Accountability: We take ownership of our actions and are accountable to each other and our stakeholders, including the communities where we live and work. Respect, Fairness, and Inclusion: We treat each other with respect and fairness, and are committed to an inclusive workplace. Ethics and Integrity: We do the right thing, obey the law and act with the highest levels of honesty, ethics and integrity. Teamwork: We foster a collaborative environment and work together to achieve our goals. Entrepreneurship and Innovation: We are a nimble team that develops and implements creative solutions that deliver value for our stakeholders and drive continuous improvement.

Requirements

Degree in accounting or related field
3-5 years of accounting experience (public or industry) or similar energy industry experience is required
Strong communication skills, both written and verbal, with the ability to effectively research accounting issues and standards
Upon completion of research, must be able to clearly communicate and document conclusions and assist other departments with the implementation of such conclusions
Effective interaction with middle and front office personnel, senior management, financial reporting, and internal and external auditors
Motivated and persistent approach to work, takes ownership of assigned tasks
Excellent organizational and spreadsheet skills, paying close attention to details
Cleared criminal history (background) and satisfactory reference checks
Compliance with the Company’s drug and alcohol policy including pre-employment D&A testing.
Applicants must be authorized to work in the U.S. for the duration of their employment

Nice To Haves

CPA (or candidate) preferred but not required
Experience with Oracle and/or Right Angle a plus

Responsibilities

Lead monthly and quarterly close activities related to commercial accounting areas, including revenues, leases and derivatives
Drafting and completion of assigned areas within 10-K/Q and other internal and external financial reporting processes
Assist internal audit with controls testing and external auditors with annual audit
Analyze complex transactions, trading activities, and accounting issues as needed in fast-paced, public company environment
Communicate and explain complex matters on a regular on impromptu basis with senior management
Assist in other technical areas and special projects as needed