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Senior Accountant - Natural Gas Liquids

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POST DATE 8/31/2016
END DATE 10/21/2016

DCP Midstream Denver, CO

Denver, CO
AJE Ref #
Job Classification
Full Time
Job Type
Company Ref #
Mid-Career (2 - 15 years)
Bachelors Degree



Responsible for accuracy and timeliness of natural gas and propane transactions; including transportation, storage, trading and commodity derivatives associated with physical transactions.


Responsible for accuracy and timeliness of NGL Marketing transactions for assigned Gas Gathering Systems. Assist in reporting to Management the NGL business results with analysis and explanation of all significant variances from estimate.

Job Responsibilities include but are not limited to:

Knowledgeable of Companys accounting systems (QLM, PeopleSoft, Business Objects).

Assist in the monthly closing process with all current month transactions accurately recorded, valued, and documented.

Assist in the review and evaluation of processes, procedures, and internal controls for the Liquids Accounting Department. Duties will also include ongoing testing in accordance to Sarbanes-Oxley.

Ensure all balance sheet items are valid and supportable.

If needed, accrue transactions on an estimate basis and true up upon receipts of actual data.

Reconcile the forecast of monthly income to actual results.

Work with NGL Marketing to segment business into understandable and logical management reporting segments to facilitate quick and accurate analysis of earnings results.

Invoice all NGL Marketing revenues including sales, exchanges fees, transportation, tariffs, storage fees, and fractionation fees.

Settlement of freight, tariff, product purchases, and service fees are accurately and timely paid to third parties.

Ensure inventory volumes and values are accurately reported in accordance with the accepted accounting practices. Reconcile all inventory/exchange balances to appropriate third party statements or plant operational reports.

Enhance customer service through accurate and timely statements of inventory, contract balances, invoices, and settlements. Answer internal/external customer inquiries on deal status and discrepancies.

MINIMUM QUALIFICATIONS - BS or BA degree in accounting or business-related field with 4 or more years of previous work experience.

Good computer skills with advanced proficiency in Microsoft Excel and Word applications and aptitude to effectively learn company specific accounting and operations systems

Good interpersonal, organizational and time management skills

Basic understanding of generally accepted accounting principles

Flexibility to work overtime during peak periods
DESIRED QUALIFICATIONS - CPA and / or MBA, strong Excel and PeopleSoft background, and previous Oil & Gas experience.

Basic understanding of generally accepted accounting principles.Excellent analytical skills.

Customer service oriented and strong written and oral communication skills.

Good interpersonal, organizational and time management skills.

Excellent interpersonal and organizational skills

Adheres to the highest standards of ethical behavior when carrying out job responsibilities

Ability to work in a team and place organizational success above personal success

Understanding and application of GAAP

Proficient in use of Microsoft Office and company specific accounting and operational systems

Flexibility to work overtime during peak periods

Ability to assist more junior accountants in carrying out their job responsibilities

Work on more advanced assets and projects with minimal detailed instruction

It has been and will continue to be the policy of DCP Midstream not to discriminate against any employee or applicant for employment because of their race, color, religion, national origin, age, sex, sexual orientation, gender identity, gender expression, veteran status, disability, or other legally protected status. *LI-MB1
Denver (2230)
370 17th Street
Suite 2500
Denver, 80202-0202


DCP Midstream is the link in the energy chain ensuring society has clean energy to warm homes, manufacture goods, and produce consumer products. As the largest producer of natural gas liquids in the U.S, DCP Midstream, is proud of the role its 2800 employees perform in gathering and processing natural gas in 18 States. Jointly owned by ConocoPhillips and Spectra Energy, DCP Midstream is the #1 Oil and Gas Company, and #1 Private Company in Denver, Colorado. (

Company Size:
1,001-5,000 Employees
Social Media:
370 17th St # 2500
Denver, CO 80202

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