What are the responsibilities and job description for the Sr. Gas Marketing Settlements Accounting Analyst position at Targa Resources?
JOB DUTIES AND RESPONSIBILITIES:
- Settlement/Invoicing Process:
- Execute the settlement and invoicing process for Targa Gas Marketing’s (TGM’s) 3rd party natural gas purchase and sales activity.
- Generate invoices out of Allegro, distribute them to customers, and manage all customer correspondence.
- Ensure transaction-level data in Allegro matches 3rd party invoices and statements, confirming monthly net settlements with each customer.
- Resolve discrepancies by communicating necessary changes with scheduling, commercial (i.e., marketing/trading), or customers as appropriate.
- Execute the settlement and invoicing process for Targa Gas Marketing’s (TGM’s) 3rd party natural gas purchase and sales activity.
- Monthly Accounting Duties:
- Prepare wire/payment requests, coordinate approvals, book revenue and cost of sales entries into OFC, pay broker fees, and monitor incoming wires.
- Prepare wire/payment requests, coordinate approvals, book revenue and cost of sales entries into OFC, pay broker fees, and monitor incoming wires.
- Controls and Reporting:
- Perform monthly controls and reporting, including cash forecasts, Allegro to OFC reconciliation, documenting settlement confirmations for SOX and revenue audits, and monitoring and explaining outstanding AR and balance sheet items.
- Conduct quarterly and annual reporting, including Top 10 Sales and Purchase customer reports, related party activity, and Tax - Sales by State reports.
- Perform monthly controls and reporting, including cash forecasts, Allegro to OFC reconciliation, documenting settlement confirmations for SOX and revenue audits, and monitoring and explaining outstanding AR and balance sheet items.
- Documentation and Audit Requests:
- Organize settlement and control documentation and upload the appropriate data onto each of TGM’s three SharePoint sites.
- Provide documentation for audit requests.
- Organize settlement and control documentation and upload the appropriate data onto each of TGM’s three SharePoint sites.
- Other duties as assigned.
MINIMUM ESSENTIAL QUALIFICATIONS:
- Five plus (5 ) years of relevant work experience.
- Bachelor’s degree in accounting.
- Strong academic record and demonstrated leadership skills.
- Excellent oral and written communication skills. Ability to listen carefully and use clear, concise oral and written skills to convey facts and present positions.
- Strong analytical and problem-solving skills. Can grasp complex business problems and formulate creative, yet practical solutions.
- Initiative and leadership in unstructured work environments, handling multiple job responsibilities, setting priorities, maintaining a high level of accomplishment, and implementing improvements to processes.
- Strong interpersonal skills with the ability to build relationships with internal and external customers.
- A passion for learning and personal development with a long-term view of career development and advancement.
- Strong systems aptitude and process orientation.
- Exposure to computer systems and related skills, including prior use of Microsoft Office Suite.
- Thrives in a fast-paced, dynamic, high-performance culture with the ability to multi-task and prioritize assignments.
- Comfortable working required overtime during critical periods.
- Eligible to work in the United States without company sponsorship.
- Regular and reliable attendance.
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.
