Revenue Accountant at WhiteWater Midstream

Austin, Texas, United States

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Energy, MidstreamIndustries

Requirements

3-5 years relevant work experience
Public accounting or industry experience in energy/midstream
Strong analytical and research skills and ability to produce results under deadlines
Experience with revenue accounting and application of ASC 606
Ability to apply strong attention to detail and multi-task
Proficient in Microsoft Office Suite
Experience with Quorum and/or NetSuite
Excellent verbal and written communication skills
Bachelor’s degree in Accounting, Finance, or Business Administration
CPA or CPA eligible preferred
Strong foundation in GAAP (especially ASC 606)
Experience working cross-functionally

Responsibilities

Manage application of ASC 606 to customer contracts
Assist in implementation and maintenance of contract summary
Prepare and maintain annual maintenance and reimbursable invoices to customers
Prepare, lead and review monthly revenue accruals for all projects
Prepare price volume analysis fluctuation analysis by asset
Maintain deferred revenue schedules
Perform and review accounting reconciliation and on a timely basis
Manage monthly and annual close of income statement and balance sheet
Review monthly balance sheet reconciliations and perform initial review of G/L
Assist with technical accounting memorandums
Assist with internal and external audits, providing documentation and explanations as needed
Assist with special projects when they arise and are assigned
Maintaining revenue recognition and ensuring accounting treatment aligns with customer contracts and applicable accounting standards
Reviewing contracts
Maintaining accurate revenue and gas volume schedules
Supporting financial reporting processes

Skills

ASC 606

GAAP

Quorum

NetSuite

Microsoft Office Suite

Revenue Recognition

Contract Review

Financial Reporting

Excel

Analytical Skills

WhiteWater Midstream

Manages gas transmission and pipeline infrastructure

About WhiteWater Midstream

WhiteWater Midstream manages gas transmission assets, focusing on the transportation of natural gas and natural gas liquids (NGLs) from production sites to end-users. Their services include gas conditioning, compression, dehydration, fractionation, metering, and construction, ensuring efficient and safe delivery of these resources. The company operates key projects like the Agua Blanca and Whistler pipelines, primarily sourcing from the Permian Basin, a major oil and gas region in the U.S. Unlike many competitors, WhiteWater emphasizes project management and operational oversight, handling everything from project scope to material procurement. Their goal is to provide reliable infrastructure and services to energy producers, utility companies, and industrial users, generating revenue through service fees and long-term contracts.

Austin, TexasHeadquarters

2016Year Founded

ACQUISITIONCompany Stage

Industrial & Manufacturing, EnergyIndustries

51-200Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

Risks

Corruption investigations could damage WhiteWater's reputation and affect operations.

Regulatory hurdles may delay the joint venture with Enbridge and other partners.

Fluctuating natural gas prices could impact the ADCC pipeline project's financial viability.

Differentiation

WhiteWater Midstream specializes in managing gas transmission assets from the Permian Basin.

The company offers comprehensive services including gas conditioning, compression, and dehydration.

WhiteWater's key projects include the Agua Blanca and Whistler pipelines.

Upsides

Increased demand for natural gas infrastructure benefits WhiteWater's pipeline projects.

Technological advancements enhance operational efficiency and safety for WhiteWater Midstream.

Joint ventures provide opportunities for strategic partnerships and shared investments.

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