Midstream Accounting

Kinetik is strategically located in the heart of the Delaware Basin in the Permian, one of the fastest growing areas for oil and gas development in the world. We provide the gathering, compression, processing, transportation and water management services required to bring natural gas, natural gas liquids and crude oil to market and are dedicated to providing the best service and netback for our customers. We are driven to be best-in-class and committed to growing our existing assets in the Permian Basin through both greenfield and acquisition opportunities.


Kinetik employees have decades of experience in West Texas and provide all the important services our customers need to deliver gas and crude oil production to market, which include gathering, transportation, compression, processing and produced water management.


Essential Duties and Responsibilities:
Support the department leads and work closely with Commercial and Operations to analyze volume and pricing data to ensure accuracy.
• Strong knowledge of midstream gathering and processing business and settlement allocation methods and procedures
• Interpret & understand midstream contracts including gas, water, crude gathering, processing and transportation
• Strong system knowledge and problem-solving support for complex technical and functional issues
• Work closely with Commercial and Operations to analyze volume and pricing data and ensure accuracy
• Record all gross margin transactions to the General Ledger for responsible assets
• Analyze revenues & expenses and explain variances between, current, prior months and budget/forecasts
• Reconcile gross margin accounts related to the Income Statement and Balance Sheet monthly
• Perform settlement activities with producers and interface regularly to resolve any issues
• Assist with new business and acquisitions
• Interface with producers and customers regularly to resolve settlement issues
• Oversee and support Regulatory Reporting requirements
• All other duties as assigned

Education and/or Work Experience Requirements:
• Bachelor’s degree in accounting, finance or related field
• 2+ years of experience in Midstream or E&P business required
• 2+ years of public accounting a plus
• Waterfield system experience a plus
• Strong analytical and research skills
• Strong attention to detail
• Ability to multitask and produce results under tight deadlines
• Strong proficiency in Microsoft Office, specifically Excel
• Ability to work in a fast-paced environment
• Ability to communicate effectively with all areas of the organization
• Strong organizational skills
• Good verbal and written communication skills
• Team-oriented individual
• Working in SOX 404 environment preferred
• Ability to think creatively and proactively to improve processes

Working Conditions:
• Prolonged periods of sitting at a desk and working on a computer
• Must be able to access and navigate each department at the organization’s facilities
• Occasional driving may be needed to travel to Kinetik plants and worksites as needed.
• Available outside of normal working hours as needed for business necessity


Physical Requirements:
• Ability to safely and successfully perform the essential job functions consistent with the ADA, FMLA, and other federal, state, and local standards, including meeting qualitative and/or quantitative productivity standards.
• Ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state and local standards
• Ability to work effectively in all working conditions noted above
• Will require lifting, carrying, pushing, and pulling up to 15 lbs. on a consistent basis.


Kinetik is an equal employment opportunity employer and does not discriminate against qualified applicants on the basis of actual or perceived race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, pregnancy, veteran status, genetic information, citizenship status, or any other basis prohibited by law.