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Senior Accountant, External Reporting

Summit Midstream

Headquartered in Houston, Texas, Summit Midstream Corporation (NYSE: SMC) is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in unconventional resource basins, primarily shale formations, in the continental United States.

We currently operate natural gas, crude oil and produced water gathering systems in four unconventional resource basins:

  • 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 Fort Worth Basin in Texas, which includes the Barnett Shale formation; and
  • the Piceance Basin in Colorado, 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 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; and
  • the Niobrara G&P system, which serves the DJ Basin.

SMC has an equity investment in and operates Double E Pipeline, LLC, which is natural gas transmission infrastructure that provides transportation service from multiple receipt points in the Delaware Basin to various delivery points in and around the Waha Hub in Texas.

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 strategy through the acquisition and subsequent development of DFW Midstream, Grand River, Polar & Divide, Niobrara G&P, and Double E Pipeline.

Summit Midstream is proudly committed to recruiting and retaining a diverse and inclusive workforce. As an Equal Opportunity Employer, we do not discriminate based on race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical condition), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Relocation: No Relocation assistance provided.

Work schedule: hybrid schedule (office/remote)

Work Sponsorship: Summit Midstream will only employ those who are legally authorized to work in the United States. Any offer of employment is contingent upon the Company receiving satisfactory results from a pre-employment drug screening, a criminal background check, and reference checks and your satisfaction of all other applicable fitness for duty requirements.

Summary:

Responsible for assisting with the Financial Reporting Team’s financial reporting obligations as they relate to Summit Midstream Corporation’s 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.

Principal 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 Corporation’s 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
  • Communicate 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 company reporting exposure required
  • Public accounting experience preferred
  • FERC reporting experience 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 offers a comprehensive benefits package including:

  • Company Paid Holidays
  • Discretionary Performance Bonus
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Employer supplemented Health Savings Account
  • Flexible Benefit Plan
  • Basic Term Life Insurance
  • Voluntary Term Life and AD&D Insurance
  • Employer Short & Long-Term Disability Insurance
  • Employee Assistance Plan (EAP)
  • Hospital Indemnity, Critical Illness and Accident Insurance
  • Wellness Incentive Program
  • 6% Retirement Plan Match

Notice

Summit Midstream Corporation will not pay a fee of any kind to any third party agency without a valid Summit Midstream Corporation’ Master Service Agreement (MSA) authorized and signed by Human Resources. Any resume, application or other form of candidate submission to any employee of Summit Midstream Corporation, without a valid MSA on file, will be considered property of Summit Midstream Corporation and no fee will be paid.

Are you ready to join a fast-paced, growth oriented midstream company, then apply today!

Not yet ready to apply? That’s okay! Learn more about us on LinkedIn

***No phone calls or email, please.***

No Agency Calls and /or submissions will be accepted

Vacancy posted 8 days ago
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