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Accountant, Intermediate at Enterprise Products Company

Posted in Accounting 30+ days ago.

Type: Full-Time
Location: Houston, Texas

Job Description:

Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Our services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and import and export terminals; crude oil gathering, transportation, storage and terminals; petrochemical and refined products transportation, storage and terminals; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems. The partnership’s assets include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity.


Tap into the professional possibilities of the largest publicly traded energy partnership that features one of the most diversified cash flow streams in the midstream segment of the energy industry.  With dynamic career opportunities and a creative and supportive environment, our unique midstream energy organization offers the chance to share and be recognized for your ideas.  Join our team and increase your opportunities for success. 


The Intermediate Accountant is responsible for general accounting activities relating to revenue and inventory accounting for Liquids Assets.  Other responsibilities include, but are not limited to:

  • Perform monthly volumetric allocations, invoicing of revenues and payment of invoices.

  • Analyze revenue and explain variances between current month, prior month and budget.

  • Address customer inquiries and work closely with Commercial, Contract Administration, and external auditors. This includes researching and resolving volumetric and pricing discrepancies.

  • Prepare various volumetric balancing and analytical reports.     

  • Perform monthly account reconciliations for balance sheet accounts related to revenue process. 

  • Prepare inventory reconciliations and analyze and clear reconciling items.

  • Calculate and record monthly journal entries for revenues, cost of goods sold and/or variable expenses.

  • Prepare gross margin reports for Management.

The successful candidate will meet the following qualifications:

  • A Bachelor's degree is required. Accounting or Finance degree is preferred. Other degrees and industry related experience may be considered in lieu of an Accounting degree.

  • 4+ years prior work experience in oil and gas industry.  Midstream experience in NGL Pipelines, Storage or other related areas is preferred.

  • Prefer prior experience in use of Essbase and/or Oracle. 

  • Thorough understanding of accounting and industry concepts, practices and procedures.

  • Ability to analyze and make judgments as to the accuracy of accounting data.

  • Working proficiency/knowledge of Microsoft Office especially Excel. Knowledge of the other relevant IT systems utilized is a plus.  

  • Detailed, organized and self-motivated with strong teamwork skills.

  • Ability to learn quickly and adapt and manage multiple priorities in a rapidly changing dynamic environment.

  • Effective written and oral communication skills with all levels within the organization.

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