Sr. Accountant- SEC Reporting
Posted on: 9 May 2021
Houston, TX
Job Description
Summary:
Responsible for assisting with the Financial Reporting Team’s financial reporting obligations as they relate to Summit Midstream Partners’ public and private entities, including quarterly, annual and transaction-specific reports. Also responsible for supporting technical research and implementation efforts and working with accounting and finance personnel in the analysis of significant and highly complex business transactions
** This position will be based in downtown Houston.
Principle Duties & Responsibilities:
Assist with preparation of all financial filings with the SEC as well as Form 8-K filings, registration statements, prospectuses and prospectus supplements
Perform technical accounting research and provide interpretation of ambiguous and complex accounting literature; work closely with accounting and finance personnel in the accounting and reporting review and analysis of significant and highly complex business transactions
Keep current on internal and external developments that could impact organizational accounting and reporting, including preparing management summaries and participating in the drafting of formal comments to the various standard-setting or regulatory groups
Support SOX compliance effort, including maintaining appropriate documentation and testing controls
Manage the financial statement preparation for Summit Midstream Partners’ non-public entities
Interact with external auditors to facilitate efficient audit, review and comfort processes
Interpret and summarize organizational accounting impact of existing, proposed, and finalized accounting pronouncements
Communicates accounting policies and positions both verbally and in writing with senior management and external auditors
Engage with senior management and others across business units to develop and implement recommendations that strategically revise and enhance accounting policies and controls
Continually evaluate departmental processes and recommend process improvements
General ad hoc projects and research
Carries out other duties as assigned
Education & Experience:
Bachelor’s degree in Accounting
4-5 years of professional, job-related experience
Certified Public Accountant required
Public accounting experience preferred
Public company reporting exposure preferred
Knowledge Skills & Abilities:
Comprehensive understanding of GAAP and financial reporting principles
SEC reporting and research experience
Strong technical accounting research skills
Ability to act as a managerial advisor on professional and technical issues with a view toward reaching strategic decisions
Excellent analytical, organizational and project management skills
Organized, detail-oriented, and able to multi-task with limited supervision
Team player with a positive attitude and a willingness to tactfully challenge or disagree when appropriate
Proven ability to thrive under pressure and meet tight deadlines
Excellent written and verbal communication skills
Ability to adapt quickly to a fast-paced & dynamic work environment
Ability to interact effectively with all levels of management and staff
Physical Demands and Working Conditions:
Ability to lift items, stand & sit for prolonged periods of time when in an office environment
Ability to speak, read & write English proficiently and deliver and/or interpret a variety of instructions furnished in written, verbal, diagram or schedule form
Ability to understand and communicate safety precautions when necessary
Summit Midstream Partners
The Woodlands, TX
Headquartered in The Woodlands, Texas, Summit Midstream Partners, LP (NYSE: SMLP) is a growth-oriented master limited partnership focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in the continental United States.
We currently operate natural gas, crude oil and produced water gathering systems in six unconventional resource basins:
the Appalachian Basin, which includes the Marcellus and Utica shale formations in West Virginia and Ohio;
the Williston Basin in North Dakota, which includes the Bakken and Three Forks shale formations;
the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming;
the Permian Basin, which includes the Bone Spring and Wolfcamp formations in New Mexico;
the Fort Worth Basin in Texas, which includes the Barnett Shale formation; and
the Piceance Basin in Colorado and Utah, which includes the liquids-rich Mesaverde formation as well as the emerging Mancos and Niobrara Shale formations.
Our systems and the basins they serve are as follows:
the Mountaineer Midstream system, which serves the Appalachian Basin;
the Bison Midstream system, which serves the Williston Basin;
the Polar & Divide system, which serves the Williston Basin;
the DFW Midstream system, which serves the Fort Worth Basin;
the Grand River system, which serves the Piceance Basin;
the Summit Utica system, which serves the Appalachian Basin;
the Niobrara G&P system, which serves the DJ Basin; and
the Summit Permian system, which serves the northern Delaware Basin.
SMLP has an equity investment in and operates Double E Pipeline, LLC, which is developing natural gas transmission infrastructure that will provide transportation service from multiple receipt points in the Delaware Basin to various delivery points in and around the Waha Hub in Texas. SMLP also has an equity investment in Ohio Gathering, which operates extensive natural gas gathering and condensate stabilization infrastructure in the Utica Shale in Ohio.
We generate a substantial majority of our revenue under primarily long-term and fee-based gathering agreements with our customers. The majority of our gathering agreements are underpinned by areas of mutual interest (“AMIs”) and minimum volume commitments (“MVCs”). Our AMIs provide that any production drilled by our customers within the AMIs will be shipped on our gathering systems. The MVCs are designed to ensure that we will generate a minimum amount of gathering revenue over the life of each respective gathering agreement. The fee-based nature of the majority of the gathering agreements enhances the stability of our cash flows and limits our direct commodity price exposure.
Since our formation in 2009, our management team has established a track record of executing this growth strategy through the acquisition and subsequent development of DFW Midstream, Grand River, Bison Midstream, Polar & Divide, Mountaineer Midstream, Summit Utica, Niobrara G&P, Summit Permian, and Double E Pipeline.
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IndustryOil and Gas
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No. of Employees200 -1000
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Website
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Jobs Posted145
