Settlement Accountant

Plains Marketing•Houston, TX

10d•Onsite

About The Position

Plains is an industry-leading transportation and midstream provider specializing in transportation, storage, processing and marketing solutions for crude oil. We own an extensive network of pipeline transportation, terminalling, storage and gathering assets in key oil producing basins and transportation corridors and at major market hubs in the United States and Canada. The company is headquartered in Houston, Texas. We’re on the lookout for passionate self‑starters who thrive in fast‑moving, collaborative, and innovative environments.

Requirements

Accounting/Auditing or Finance degree required.
Knowledge and understanding of crude oil business is helpful.
Excellent interpersonal and communication skills.
Ability to effectively communicate orally an in writing with all levels of management.
Team player and responsible individual who takes initiative/ownership in all areas of work.
Knowledge of Microsoft Excel and Word required.
Cleared criminal history (background) and satisfactory reference check.
Compliance with the Company’s drug and alcohol policy including pre-employment D&A testing.
This position is not eligible for employment-based visa sponsorship.
Applicants must be authorized to work in the U.S. for the duration of their employment.

Responsibilities

Preparation of Settlement Confirmation Schedules by updating internal database
Utilize Settlement Confirmation Schedules to communicate amounts due from and due to customers assigned, and confirm the netting position
Identify and follow up on discrepancies with customers and forward to Contracts or Crude Oil Accounting department
Communicate volume and price information that may require accruals be made by Crude Oil Accounting department
Reconcile confirmed net amounts with the Master Reconciliation
Reconcile aged accounts receivable/trade accounts payable for assigned customers
Update Control Log to identify discrepancies in a timely manner
Distribute sales invoices and royalty check detail to assigned accountants
Update crude oil prices and gravity in an accurate and timely manner
Obtain documents requested by auditors
Prepare related party disclosure schedules
Maintain procedural documentation on a current basis
Be willing to work overtime during the monthly close
Work with minimal supervision in all aspects of job