Property Accounting Manager at Targa Resources in Houston, Texas

Job Description:

POSITION SUMMARY:

Targa Resources is seeking a Manager of Property Accounting for their office in Houston, TX

JOB DUTIES AND RESPONSIBILITIES:

• Lead a team of up to 4 accountants located in Houston, TX, and Tulsa, OK. Set team priorities and delegate work effectively to maximize productivity and employee development


• Manage the Fixed Assets and Regulatory Reporting (FERC and Texas RRC) functions


• Manage the accounting for finance and operating leases


• Manage the accounting for Asset Retirement Obligations


• Identify and implement process improvements for company’s Fixed Asset accounting and Regulatory Reporting functions


• Review and approve all journal entries and monthly account reconciliations for the group


• Review assigned joint venture billings and monitor aid in construction arrangements to ensure appropriate accounting treatment


• Manage joint venture audits, including timely addressing questions and responses


• Perform research on various accounting topics, as requested’ and provide recommendations to management in a clear and concise manner


• Collaborate with the full accounting team and other relevant groups to resolve accounting issues and ensure effective communication with management/impacted groups throughout the process


• Provide timely, meaningful, and accurate feedback to foster employee development


• Maintain desk procedures and SOX documentation for assigned areas


• Respond to inquiries from auditors ensuring accuracy and timeliness


• Assist with any special projects as requested


• Other duties as assigned

MINIMUM ESSENTIAL QUALIFICATIONS:

• Bachelor’s degree in accounting and/or finance


• 8+ years of public accounting and/or corporate accounting experience


• Experience leading and developing team members


• Extensive knowledge of GAAP and an understanding of internal controls


• Ability to work in a fast-paced environment and adapt effectively to new and changing environments


• Ability to think strategically and demonstrate an ability to work independently and in a team environment, including with other departments


• Strong analytical and critical thinking skills


• Exhibits attention to detail, ownership, and willingness to be hands-on


• Excellent verbal and written communication with ability to adjust style depending on audience


• Proficient in Excel to at least an intermediate level


• Ability to problem solve and think outside of the box


• Strong planning and organization skills; ability to handle multiple priorities and deadlines


• Regular and reliable attendance with ability and willingness to work overtime, as required during close and billing cycles

PREFERRED QUALIFICATIONS:

• Certified Public Accountant


• A thorough knowledge of capital projects, cost capitalization and project accounting


• Experience with FERC and RRC regulatory reporting


• Experience preparing FERC cost of service models


• Experience with Oracle Financials Cloud (OFC), PowerPlan, Assent, and OneStream


• Energy sector experience

EQUAL EMPLOYMENT OPPORTUNITY:

Targa Resources provides equal employment opportunities based on merit, experience, and other work-related criteria and without regard to race, color, ethnicity, religion, national origin, sex, age, pregnancy, disability, veteran status, or any other status protected by applicable law. We also strive to provide reasonable accommodation to employees’ beliefs and practices that do not conflict with Targa’s policies and applicable law. We value the unique contributions that every employee brings to their role with Targa.