Senior Accountant- Analyst
Birmingham, AL · On-site
... and midstream pipelines and compression stations concentrated in the Appalachian Basin in the ... Analyze pipeline, gathering, processing, and transportation charges against contractual ...
Senior Accountant- Analyst
Birmingham, AL · On-site
... and midstream pipelines and compression stations concentrated in the Appalachian Basin in the ... Analyze pipeline, gathering, processing, and transportation charges against contractual ...
Contractual Midstream information
What is a contractual midstream professional?
A Contractual Midstream professional manages contracts and agreements related to the transportation, storage, and processing of oil, natural gas, and other hydrocarbons between production and end-users. Their role involves negotiating terms, ensuring regulatory compliance, and overseeing the logistics of moving resources through pipelines, terminals, and storage facilities. They work closely with producers, transporters, and buyers to ensure smooth operations and protect the interests of their company throughout the midstream segment of the energy supply chain.
What are the key skills and qualifications needed to thrive as a contractual midstream professional?
To thrive as a Contractual Midstream professional, you need a solid understanding of contract negotiation, energy regulations, and commercial agreements, often supported by a degree in business, law, or a related field. Familiarity with contract management software, regulatory compliance tools, and industry-specific platforms such as SAP or OpenInvoice is typically expected. Exceptional attention to detail, negotiation skills, and the ability to communicate complex terms clearly are essential soft skills. These capabilities ensure accurate agreements, mitigate risks, and build strong partnerships within the highly regulated energy sector.
What are some common challenges faced by contractual midstream professionals, and how can they be addressed?
Professionals in Contractual Midstream roles often face challenges such as navigating complex agreements between multiple parties, ensuring regulatory compliance, and managing shifting market conditions. Staying organized and maintaining clear communication with legal, commercial, and operational teams is essential. Familiarity with the latest industry regulations and strong negotiation skills can help address these challenges effectively. Proactively building relationships with stakeholders and staying updated on industry trends also contributes to smoother contract management and risk mitigation.
What is the difference between Contractual Midstream vs Contractual Downstream?
| Aspect | Contractual Midstream | Contractual Downstream |
|---|---|---|
| Primary Focus | Transportation, storage, and processing of oil and gas | Refining, marketing, and distribution of petroleum products |
| Work Environment | Midstream facilities, pipelines, processing plants | Refineries, distribution centers, retail outlets |
| Required Credentials | Engineering, technical certifications, safety training | Engineering, technical certifications, safety training |
| Industry Usage | Commonly used in oil & gas sector for transportation roles | Commonly used in oil & gas sector for refining and marketing roles |
Contractual Midstream roles focus on transporting and processing oil and gas, while Contractual Downstream roles involve refining, marketing, and distributing petroleum products. Both roles require similar technical credentials and are integral to the oil & gas industry, but they operate at different points along the supply chain.
What are the most commonly searched types of Midstream jobs in Alabama?
The most popular types of Midstream jobs in Alabama are:
What are popular job titles related to Contractual Midstream jobs in Alabama?
For Contractual Midstream jobs in Alabama, the most frequently searched job titles are:
What job categories do people searching Contractual Midstream jobs in Alabama look for?
The top searched job categories for Contractual Midstream jobs in Alabama are:
What cities in Alabama are hiring for Contractual Midstream jobs?
Cities in Alabama with the most Contractual Midstream job openings:
Full-time
Posted 16 days ago
Job description
COMPANY PROFILE
Diversified Gas & Oil Corporation ("DGOC") is a wholly-owned subsidiary of Diversified Energy Company PLC, a US-based company listed on the New York Stock Exchange (NYSE) and London Stock Exchange (LSE) under the ticker symbol "DEC". Diversified Gas & Oil Corporation (DGOC) is an established owner and operator of producing conventional and unconventional natural gas & oil wells and midstream pipelines and compression stations concentrated in the Appalachian Basin in the United States. Headquartered in Birmingham, AL, our field operations are located throughout the Appalachian Basin in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. In 2021, Diversified announced our expansion into our Central Regional Focus Area, which includes producing areas within Louisiana, Texas, Oklahoma, and Arkansas.
POSITION SUMMARY & RESPONSIBILITIES:
Diversified Energy is seeking a Senior Accountant - Analyst who is self-motivated, analytical, detail-oriented, and results-oriented. The successful candidate will be responsible for ensuring the accurate reconciliation and actualization of production and transportation volumes and related financial settlements across Diversified's marketing, gathering, transportation, and accounting systems.
This position plays a critical role in the monthly close process through the reconciliation of pipeline statements, counterparty settlements, transportation invoices, accruals, and revenue-related reporting. The Senior Analyst will independently investigate and resolve volumetric discrepancies, support cross-functional business processes, and help drive operational efficiencies through data analysis and process improvement.
The ideal candidate possesses strong analytical and problem-solving skills, the ability to manage multiple priorities, and a collaborative approach to working with Accounting, Marketing, Revenue, Energy Services, and third-party counterparties.
Key Reponsibilites:
POSITION REQUIREMENTS:
Required
Preferred:
Office Physical Requirements and Working Conditions:
Additional Requirements:
Diversified Gas & Oil Corporation ("DGOC") is a wholly-owned subsidiary of Diversified Energy Company PLC, a US-based company listed on the New York Stock Exchange (NYSE) and London Stock Exchange (LSE) under the ticker symbol "DEC". Diversified Gas & Oil Corporation (DGOC) is an established owner and operator of producing conventional and unconventional natural gas & oil wells and midstream pipelines and compression stations concentrated in the Appalachian Basin in the United States. Headquartered in Birmingham, AL, our field operations are located throughout the Appalachian Basin in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. In 2021, Diversified announced our expansion into our Central Regional Focus Area, which includes producing areas within Louisiana, Texas, Oklahoma, and Arkansas.
POSITION SUMMARY & RESPONSIBILITIES:
Diversified Energy is seeking a Senior Accountant - Analyst who is self-motivated, analytical, detail-oriented, and results-oriented. The successful candidate will be responsible for ensuring the accurate reconciliation and actualization of production and transportation volumes and related financial settlements across Diversified's marketing, gathering, transportation, and accounting systems.
This position plays a critical role in the monthly close process through the reconciliation of pipeline statements, counterparty settlements, transportation invoices, accruals, and revenue-related reporting. The Senior Analyst will independently investigate and resolve volumetric discrepancies, support cross-functional business processes, and help drive operational efficiencies through data analysis and process improvement.
The ideal candidate possesses strong analytical and problem-solving skills, the ability to manage multiple priorities, and a collaborative approach to working with Accounting, Marketing, Revenue, Energy Services, and third-party counterparties.
Key Reponsibilites:
- Reconcile pipeline statements, counterparty settlements, and transportation invoices to ensure complete and accurate volume actualization.
- Analyze and resolve volumetric discrepancies and unaccounted-for volumes across gathering, transportation, and marketing systems.
- Perform monthly volume uploads and validation activities within Diversified's marketing and actualization systems.
- Prepare distribution reports for the Revenue Accounting team and partner with Energy Services to ensure accuracy.
- Prepare monthly accrual reports supporting the financial close process.
- Prepare expected cash receivable reporting and supporting analyses.
- Reconcile accounts receivable aging reports in conjunction with the Revenue Accounting team.
- Analyze pipeline, gathering, processing, and transportation charges against contractual expectations.
- Support internal and external audit requests by preparing reconciliations, schedules, and supporting documentation.
- Collaborate with Accounting, Marketing, Operations, and Energy Services teams to investigate and resolve transaction discrepancies.
- Verify invoices received from third parties and maintain effective counterparty relationships.
- Assist with system enhancement initiatives, process improvement efforts, testing activities, and special projects.
- Perform other duties and responsibilities as assigned.
POSITION REQUIREMENTS:
Required
- Bachelor's degree in Accounting, Finance, Business, Economics, Energy Management, Engineering, or a related field, or an equivalent combination of education and experience.
- Three (3) or more years of progressively responsible experience in accounting, finance, revenue accounting, energy operations, commodities marketing, actualization, logistics, supply chain, data analytics, or a related field.
- Strong analytical and problem-solving skills with exceptional attention to detail.
- Ability to independently manage multiple priorities and meet deadlines in a fast-paced environment.
- Experience reconciling complex datasets and identifying discrepancies.
- Strong written and verbal communication skills.
- Ability to work effectively across departments and with external business partners.
- Proficiency in Microsoft Excel, including formulas, XLOOKUPs, pivot tables, and data analysis techniques.
- Demonstrated ability to learn new systems, processes, and business concepts quickly.
Preferred:
- Experience in the natural gas, oil and gas, energy, utilities, or midstream industries.
- Experience with ETRM, gas accounting, production accounting, midstream management, or commodity management systems.
- Revenue Accounting experience.
- Experience supporting acquisitions, integrations, or system implementations.
- Project management or process improvement experience.
- Experience utilizing Power BI, SQL, Power Query, or other reporting and analytics tools.
Office Physical Requirements and Working Conditions:
- Prolonged periods working at a desk in front of a computer.
Additional Requirements:
- Must be able to lift up to 15 pounds at a time.