Staff Accountant – Midstream Oil & Gas

Location: Houston, TX

Experience: 2-5 years

About the Role

Midstream O& G company in Houston is looking to add a Staff Accountant to their team. This position supports our midstream oil & gas operations and is critical to ensuring accurate financial reporting, compliance, and efficient accounting processes. The ideal candidate will have 2-5 years of accounting experience, preferably within the midstream sector.

Staff Accountant Responsibilities:

• Perform general ledger accounting, including preparing journal entries and conducting account reconciliations.
• Support month-end, quarter-end, and year-end close processes.
• Assist in revenue and expense recognition for midstream assets and operations.
• Prepare and analyze variance reports to track operational and financial performance.
• Ensure compliance with GAAP and company accounting policies.
• Support intercompany transactions and reconciliations, ensuring accuracy and timeliness.
• Assist with the preparation of financial statements, management reports, and supporting schedules.
• Collaborate with operations and finance teams to ensure proper cost allocations and reporting.
• Support audit requests by preparing necessary documentation and reports.
• Identify and recommend process improvements to enhance efficiency and accuracy.

Staff Accountant Requirements:

• Education: Bachelor’s degree in Accounting
• Experience: 2-5 years of accounting experience, with exposure to midstream oil & gas preferred.
• Strong understanding of GAAP and midstream-specific accounting principles.
• Advanced Excel skills (pivot tables, VLOOKUP, etc.).
• Excellent analytical, organizational, and communication skills.
• Detail-oriented and able to work effectively in a fast-paced environment.
• Experience in FERC accounting or regulatory reporting.
• Knowledge of midstream contracts, such as transportation and processing agreements.
• CPA or CPA-eligible is a plus.