Sr. Operational Accounting Analyst

Position Summary

Targa Resources Corp., one of the largest independent midstream natural gas companies, has an immediate opening for a Senior Operational Accounting Analyst as part of a newly formed Contract Assessment Team supporting Operational Accounting for both the Gathering & Processing and Logistics & Transportation segments to assess new contracts, model settlements under ASC 606, and provide audit support for a growing Operational Accounting organization.

JOB FUNCTIONS AND KEY RESPONSIBILITIES

Contract Assessment/Revenue Recognition:Analyze contracts for ASC 606 revenue recognition and review set up in marketing systemReview first settlement of all new producer settlements, natural gas and NGL marketing contracts for compliance with ASC 606 and contractual pricing termsReview selected samples of historical contracts for compliance with ASC 606 and contractual pricing termsUnderstand pricing methodologies and requirements as specified by contract terms and associated counterparty dealsQuarterly/Reporting Activities:Independently coordinate and provide support for audits with documentation provided by individual accountants or gathered from document repositoryPreparation and calculation of various revenue disclosures including backlog disclosure quarterly for Minimum Volume Commitments, construction reimbursements, etcPerform monthly and quarterly SOX controls as requiredOther Activities:Provide guidance on the interpretation and set up of contracts from an accounting perspectiveAd hoc reports and analysis as requiredPossess a high level of systems aptitude in order to run and produce reports, facilitate analytics and reconciliations, etcMaintain Operational Accounting Key Spreadsheet Listing and coordinate quarterly updatesCross train and develop bench strength within contract assessment team for review of contracts, first revenue, etc

MINIMUM ESSENTIAL QUALIFICATIONS

Accounting, Finance, Management Information Systems, Economics or related degree5 - 8 years of relevant experience. Familiarity with ASC 606 and ASC 842Ability to interact professionally and respectfully with internal and external partiesCapable of performing in an open office, team-oriented environmentPossess high degree of accountability and responsibilityEffective at meeting deadlines Capable of adjusting work priorities on short noticeRegular and reliable attendance

PREFERRED QUALIFICATIONS

Accounting degreeCPAETRM experience such as Allegro, WaterField or RightAngleEnergy industry experience

EQUAL EMPLOYMENT OPPORTUNITY

Targa Resources provides equal employment opportunities based on merit, experience, and other work-related criteria and without regard to race, color, ethnicity, religion, national origin, sex, age, pregnancy, disability, veteran status, or any other status protected by applicable law. We also strive to provide reasonable accommodation to employees’ beliefs and practices that do not conflict with Targa’s policies and applicable law. We value the unique contributions that every employee brings to their role with Targa.