Plains All American Pipeline

Financial Accountant

Houston, TX

Full-time

About This Job

Job Type:

Regular

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.

Job Purpose/Summary:

The role will leverage in-depth accounting experience to independently manage complex journal entries, detailed account reconciliations, and variance analysis for equity method investments, non-controlling interests, and consolidations. This role will take a lead in cross-functional transactions (acquisitions, divestitures, and joint venture formations), impairment analysis, asset retirement obligations, account reconciliation compilation and review, and regulatory filings, and various other special projects within the Financial Accounting group. Mentor less-experienced staff. Position will interact with the entire accounting group as well as commercial, operations, marketing, executive management, FP&A, and joint venture partners.

The selected candidate will be eligible for company benefits including Medical, Dental, Vision, Paid Time Off (PTO), and Free Parking.

Job Responsibilities:

•

Manage and account for equity-method investments, including recording changes in investment value and preparing related journal entries. As needed, communicate with joint venture partners to answer questions and resolve concerns.

•

Manage and account for other long-term assets, including recording amortization of intangible assets. Communicate, as needed, with various groups to gain understanding of balances and activity.

•

Perform complex consolidation and non-controlling interest accounting including recording journal entries and reconciling data from multiple entities, ensuring accurate and timely reporting of financial results.

•

Account for transactions (acquisitions, divestitures, and joint venture formations), including identifying relevant fixed asset records and coordinating with the fixed asset group. May also coordinate requests with counterparty and various groups at Plains. Review and summarize legal agreements.

•

Periodically gather updated information from various groups and refresh or calculate new asset retirement obligation calculations and assess for potential impairments. Use experience to translate information received to potential accounting impact.

•

Complete certain regulatory filings in accordance with established process and standards.

•

Independently provide support to auditors, both internal and external, by gathering documentation and responding to audit inquiries.

•

Conduct technical accounting research and documentation, including drafting policy

•

Manage multiple overlapping special projects aimed at improving financial processes and operational efficiency.

•

Leverage existing relationships with other accounting or other groups at Plains to answer questions timely, share information, and provide guidance.

•

Prepare agendas, coordinate, and conduct meetings with various groups (operations, legal, planning) including directors and vice presidents. Ensure work is completed for any action items or follow-up questions. Communicate results and decisions to relevant parties.

•

Mentor less-experienced staff to achieve a high-level of accuracy in record keeping and reporting

Knowledge, Skills, and Experience Required:

•

Bachelor’s degree in Accounting

•

2-5 years of relevant accounting experience, strongly prefer public accounting experience.

•

CPA license preferred, or testing nearly complete

•

Detailed knowledge of GAAP and experience working with other departments, such as financial reporting.

•

Strong analytical skills and attention to detail.

•

Proficient with Microsoft Office Suite, including advanced Excel skills

•

Ability to work independently within established guidelines and collaborate with cross-functional teams.

Personal Attributes and Position Requirements:

•

Experience handling multiple projects and managing priorities

•

Capable of establishing effective working relationships that promote teamwork and collaboration

•

Ability to assist with strategic development and execution of financial accounting projects

•

Well-developed analytical skills and experience

•

Ability to understand and convey complex information to develop a solution or approach

•

Effective in a dynamic and fast-paced environment, adapting to and managing change in a positive and proactive manner

•

Self-directed, motivated, and results-driven approach to work, with the ability to meet deadlines

•

Ability to independently develop innovative solutions to problems/challenges as they arise

•

Excellent organizational skills and attention to detail

•

Effective interaction with individuals at all levels within the organization

•

Excellent communication skills, both written and verbal

•

Cleared criminal history (background) and satisfactory reference checks

•

Compliance with the Company’s drug and alcohol policy including pre-employment D&A testing.

#Plains

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.