Accountant III

Posted Yesterday
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Dallas, TX, USA
In-Office
82K-124K Annually
Senior level
Transportation • Energy
The Role
Manage full lifecycle of natural gas gathering and processing accounting including plant settlement, volume and value reconciliations, contract interpretation, month-end close, journal entries, and variance analysis. Partner with Commercial, Operations, Measurement and Marketing teams, support audits, ensure GAAP and SOX compliance, and drive process improvements and system optimizations (e.g., TIPS, Waterfield).
Summary Generated by Built In
#WeAreONEOK Fortune 500 company. 100+ years in business. Leading midstream service provider. Safety first. Sustainable operations. Environmentally responsible. Employee focused.

JOB SUMMARY

ONEOK is seeking a highly motivated Gas Plant Accountant III to join our team during a transformative time. This role offers the opportunity to work in a fast-paced, collaborative environment where innovation and continuous improvement are valued.

In this position, you will be responsible for the full lifecycle of natural gas gathering and processing accounting, including plant settlement analysis, volume and value reconciliation, contract interpretation, and analysis. You will work closely with cross-functional teams such as Commercial, Operations, Measurement, and Marketing to ensure accurate allocation of revenues, costs, and products, while identifying and resolving discrepancies in a timely manner. The role also includes supporting month-end close activities, preparing journal entries and account reconciliations, analyzing variances, and contributing to process improvements and system enhancements.

Experience in midstream operational accounting is preferred, along with familiarity with systems such as TIPS or Waterfield.

This role is currently hybrid with in-office days on Monday, Tuesday and Thursday. Final position level and compensation will be commensurate with the candidate’s experience, skills, and qualifications.

Job Profile Summary
Prepares advanced level of various financial activities to ensure compliance with rules, regulations, and legislation; analyzes their effect on company finances and accounting procedures.

Essential Functions and Responsibilities

  • Manage the life span of revenue and operational accounting activities, including plant settlement, revenue recognition, and production allocation.

  • Perform volume and value reconciliation to ensure accuracy of reported statistical information and reported revenues.

  • Analyze and interpret commercial contracts (e.g., POP, fixed, fee-based, inter-company, imbalance and other arrangements) to ensure proper financial application.

  • Support and execute month-end close processes, including preparation of journal entries, accruals, payments, invoicing and account reconciliations.

  • Perform variance analysis to identify drivers of changes in revenue, volumes and margin and communicate insights to management.

  • Investigate and resolve reconciliation differences, data differences and system variances in a timely manner.

  • Partner with Commercial, Operations, Measurement and Marketing teams to validate revenue drivers and ensure alignment between operational and financial results.

  • Identify and drive process improvements and automation opportunities to increase efficiency and reduce manual effort.

  • Support implementation and optimization of systems. (e.g., TIPS, Waterfield)

  • Ensure adherence to GAAP, SOX controls, and internal accounting policies within revenue operations processes.

  • Assist with internal, external, and customer audits, providing documentation and explanations as needed.

Education

  • Bachelor’s degree in accounting or finance with specific job related experience
     

Work Experience

  • Experience with and/or thorough knowledge of generally accepted accounting principles, company financial accounting, and/or billing methods and procedures

  • Experience in use and function of office equipment including microcomputers and applicable software and accessing mainframe applications

  • Experience and/or training related to:

    • Financial accounting and reporting standards and processes

    • Interpreting and explaining accounting standards and/or policies

    • Communication/interpersonal skills

    • Customer billing and related processes and systems

    • Supervisory skills
       

  • Experience analyzing, evaluating, and preparing studies and recommendations concerning impact of standards, regulations, and legislation on company finances and accounting processes

  • Experience researching, composing, and preparing reports, studies, publications, and correspondence applicable to position

  • Experience reading and interpreting company correspondence, reports, accounting-related publications, contracts, accounting software manuals, computer printouts, and legal documents

  • Experience developing and presenting information to individuals and groups
     

Knowledge, Skills and Abilities

  • Ability to: apply math, advanced algebra, and statistics

  • Ability to: lead, train, coach, delegate, and review work activities. Knowledge of personnel policies and procedures

  • Ability to: interact, advise, direct, and communicate effectively

  • Ability to: communicate and/or exchange written and verbal information or instructions; conduct oral presentations
     

Licenses and Certifications

  • None required
     

Strength Factor Rating - Physical Demands/Requirements

  • Sedentary Work - Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
     

Strength Factor Description - Physical Demands/Requirements

  • Standing: Remaining on one's feet in an upright position at a work station without moving about (Occasionally)

  • Walking: Moving about on foot (Frequently)

  • Sitting: Remaining in a seated position (Constantly)

  • Lifting: Raising or lowering an object from one level to another (includes upward pulling) (Occasionally)

  • Carrying: Transporting an object, usually holding it in the hands or arms, or on the shoulder (Occasionally)

  • Pushing: Exerting force upon an object so that the object moves away from the force (Occasionally)

  • Pulling: Exerting force upon an object so that the object moves toward the force (includes jerking) (Occasionally)

  • Climbing: Ladders, Stairs (Occasionally)

  • Balancing: Maintaining body equilibrium to prevent falling (Occasionally)

  • Stooping: Bending the body downward and forward by bending the spine at the waist (Occasionally)

  • Kneeling: Bending the legs at the knees to come to rest on the knee or knees (Occasionally)

  • Crouching: Bending the body downward and forward by bending the legs and spine (Occasionally)

  • Crawling: Moving about on the hands and arms in any direction (Occasionally)

  • Reaching: Extending hands and arms in any direction (Constantly)

  • Handling: Seizing, holding, grasping, turning or otherwise working with the hand or hands (Manual Dexterity) (Constantly)

  • Fingering: Picking, pinching or otherwise working with the fingers primarily (Finger Dexterity) (Constantly)

  • Feeling: Perceiving such attributes of objects/materials as size, shape, temperature, texture, movement or pulsation by receptors in the skin, particularly those of the finger tips (Constantly)

  • Talking: Expressing or exchanging ideas/information by means of the spoken word (Frequently)

  • Hearing: Perceiving the nature of sound by the ear (Frequently)

  • Tasting/Smelling: (Occasionally)

  • Near Vision: Clarity of vision at 20 inches or less (Constantly)

  • Far Vision: Clarity of vision at 20 feet for more (Frequently)

  • Depth Perception: Three-dimensional vision; ability to judge distances and spatial relationships so as to see objects where and as they actually are (Frequently)

  • Vision: Color - The ability to identify and distinguish colors (Constantly)
     

Working Conditions/Environment

  • Employee is subject to inside environmental conditions
     

Working Conditions

  • Well lighted, climate controlled areas (Constantly)

  • Frequent repetitive motion (Constantly)

  • CRT (Computer Monitor(s)) (Constantly)
     

Travel

  • Travel to office facilities required
     

Driving

  • Based on assigned tasks, employee may be assigned a company vehicle requiring the applicable driver's license
     

ONEOK is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, sex, pregnancy, sexual orientation, age, religion, creed, national origin, gender identity, disability, military/veteran status, genetic information or any other categories protected by applicable law.
 

The job description is not intended to be a complete list of all responsibilities, duties or skills required for the job and is subject to review and change at any time, with or without notice, in accordance with the needs of ONEOK.

ONEOK is committed to making our workplace accessible to individuals with disabilities and will provide reasonable accommodations, upon request, for individuals to participate in the application and hiring process. To request an accommodation email [email protected] or call 1-855-663-6547​. #LI-HYBRID

Expected Salary Range

$82,000.00 - $124,000.00

Skills Required

  • Bachelor's degree in accounting or finance
  • Experience with generally accepted accounting principles (GAAP) and company financial accounting
  • Experience performing month-end close, preparing journal entries, accruals, payments, invoicing and account reconciliations
  • Experience with plant settlement, revenue recognition, production allocation, and volume/value reconciliation
  • Ability to analyze and interpret commercial contracts for proper financial application
  • Experience investigating and resolving reconciliation, data, and system variances
  • Experience supporting internal, external, and customer audits and providing documentation
  • Knowledge of and ability to ensure adherence to SOX controls and internal accounting policies
  • Experience using office computers, applicable software, and accessing mainframe applications
  • Supervisory skills, ability to lead, train, coach, delegate, and review work
  • Experience in midstream operational accounting
  • Familiarity with TIPS or Waterfield systems
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The Company
HQ: Tulsa, OK
4,611 Employees
Year Founded: 1906

What We Do

We are a leading midstream operator that provides gathering, processing, fractionation, transportation and storage services. Through our more than 50,000-mile pipeline network, we transport the natural gas, natural gas liquids (NGLs), refined products and crude that help meet domestic and international energy demand, contribute to energy security and provide safe, reliable and responsible energy solutions needed today and into the future. As one of the largest diversified energy infrastructure companies in North America, ONEOK is delivering energy that makes a difference in the lives of people in the U.S. and around the world.

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