Downstream Accounting System Specialist

Targa Resources
Houston, TX, United States
7 days ago
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Role details

Contract type
Permanent contract
Employment type
Full-time (> 32 hours)
Experience level
Expert
Experience required
10 years minimum
Working hours
Regular working hours
Job source

Tech stack

Business Analytics Applications Data Analysis Analysis of Variance (ANOVA) Data Validation Custom Reports

Job description

  • Provide RightAngle expertise across the entire platform from an accounting, reporting and interface perspective to provide solutions in various domains, including:
  • Inventory Valuation - Enhance the automation of Targa’s weighted average cost inventory valuation (ā€œWACOGā€).
  • Financial Reporting & Analytics: - Develop custom reports and analytical tools to facilitate data validation, root cause analysis, and data summarization of complex financial data (WACOG, Recon, GL summaries, etc.)
  • Inventory Management and Reconciliation: Drive process improvements to optimize month-end close and inventory reconciliation, reducing lags and ensuring data integrity.
  • Month-End & Pre-Close Activities: Support and execute closing and pre-closing financial tasks to ensure compliance with reporting deadlines.
  • Financial Performance Evaluation: Conduct P&L variance analysis (e.g., Actual P&L, Forecast P&L, assisting with reconciliations between Actual and Forecasted etc.).
  • RightAngle Data Expertise: Manage and validate data across RightAngle including: Data -> Deal -> Transfer -> Order -> Movement -> Transactions (all types) -> Invoice/Payable -> GL Entries.
  • Develop and optimize management reporting packages and KPI’s for the Downstream Accounting group, ensuring insights align with business objectives.
  • Identify and implement process and system enhancements to improve data accuracy, streamline reporting, and meet accounting requirements, including solutions that will overcome limitations in RightAngle system functionality.
  • Collaborate cross-functionally with stakeholders across accounting, finance, trading, and IT to drive change management and align operations with business objectives. Serve as a liaison between IT and business streams, overseeing solution development, testing and deployment.
  • Build training content for RightAngle processes.
  • Design implementation procedures for future RightAngle upgrades.
  • Other duties as assigned.

Requirements

  • 10+ years of RightAngle experience, with specific expertise in Accounting, RightAngle transactional analysis, troubleshooting, and solution design and development
  • Sound understanding of WACOG and its impact on P&L
  • Extensive experience building and developing management reports to analyze financial results and trends
  • Business or technical degree in Management Information Systems, Finance or Accounting, or Engineering / Mathematics with accounting consulting experience.
  • Excellent communication skills, both written and verbal
  • Regular and reliable attendance, * Sound understanding of accounting principles and the ability to apply knowledge in identifying and resolving issues with internal and external business partners
  • Strong analytical skills and a good understanding of RightAngle (S15+)
  • Experience with accounting for the NGL value chain, including transportation, fractionation, storage, marketing, and exports
  • Well organized and detail-oriented
  • Strong desire to learn and excel within environment of growth and change
  • The capacity to pursue issues and resolve them independently, develop strong relationships with internal and external business partners and collaborate effectively within a team environment
  • Demonstrate an ability to work in a deadline-driven, fast-paced team environment, with limited supervision

About the company

RightAngle is our enterprise-wide Energy Trading & Risk Management (ā€œETRMā€) financial system. We are looking for a candidate to join our accounting team with the following skills

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