Director of Upstream Accounting

Energy Transfer, recognized by Forbes as one of America's best large employers, is dedicated to responsibly and safely delivering America’s energy.  We are driven to inspire our employees to create superior value for our customers, our investors, a sustainable future and giving back to the community where we have long-standing commitments to causes including MD Anderson Children’s Cancer Hospital, The Salvation Army, The American Red Cross, Ronald McDonald House and many more.

We value all of our employees who make our growth and success possible.  We are proud to offer industry leading compensation, comprehensive benefits, 401(k) match with additional profit sharing, PTO and abundant career opportunities.

Come join our award winning 12,000 strong organization as we fuel the world and each other!

Summary 

Energy Transfer is looking for a Director of Upstream Accounting to join our Upstream Crude Accounting team at 8026 Park Ln, Dallas, TX office.This position will lead and manage Energy Transfer’s Upstream accounting team, which is responsible for providing a full suite of accounting services to Energy Transfer producing customers. We encourage a culture of inquiry by always asking why, transforming data into meaningful information, and leveraging technology to streamline our processes 

Essential Duties and Responsibilities 

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below\: 

• Lead and manage the upstream accounting team, including revenue, joint interest, production, and fixed asset/AFE accounting functions.

• Oversee monthly, quarterly, and annual close processes specific to upstream operations, ensuring accurate recognition of oil, gas, and NGL revenues, production volumes, and related costs.

• Direct joint interest billing (JIB) processes, including partner billing, cash calls, settlements, and audit support for operated and non-operated properties.

• Ensure proper accounting for exploration and development costs, including successful efforts application, AFE tracking, capitalization, and impairment testing

• Support internal and external audits, including joint venture audits, and respond to partner and regulatory inquiries

• Provide financial analysis and reporting on lease operating expenses (LOE), capital expenditures, well economics, and property performance

• Develop, implement, and continuously improve accounting policies, procedures, and internal controls tailored to upstream operations

Key Attributes 

• Build and maintain collaborative relationships across departments, serving as a trusted leader and advocate for direct reports and accounting teams 

• Proactively leads initiatives, resolves complex issues, and mitigates risks with minimal oversight, ensuring team efficiency and operational success 

• Aligns team goals with leadership’s vision by setting clear expectations, communicating strategic direction, and driving cross-functional alignment 

• Champions a culture of inclusion, transparency, and continuous improvement by fostering open communication and valuing diverse perspectives 

• Invests in team development through structured career planning, coaching, and mentorship while recognizing contributions and encouraging growth 

• Identifies process and efficiency improvements, leveraging technology and innovation to support long-term department success 

• Demonstrates integrity and accountability by modeling clear, unbiased communication, honoring commitments, and holding the team to high-performance standards 

Energy Transfer, recognized by Forbes as one of America's best large employers, is dedicated to responsibly and safely delivering America’s energy.  We are driven to inspire our employees to create superior value for our customers, our investors, a sustainable future and giving back to the community where we have long-standing commitments to causes including MD Anderson Children’s Cancer Hospital, The Salvation Army, The American Red Cross, Ronald McDonald House and many more.

We value all of our employees who make our growth and success possible.  We are proud to offer industry leading compensation, comprehensive benefits, 401(k) match with additional profit sharing, PTO and abundant career opportunities.

Come join our award winning 12,000 strong organization as we fuel the world and each other!

Summary 

Energy Transfer is looking for a Director of Upstream Accounting to join our Upstream Crude Accounting team at 8026 Park Ln, Dallas, TX office.This position will lead and manage Energy Transfer’s Upstream accounting team, which is responsible for providing a full suite of accounting services to Energy Transfer producing customers. We encourage a culture of inquiry by always asking why, transforming data into meaningful information, and leveraging technology to streamline our processes 

Essential Duties and Responsibilities 

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below\: 

• Lead and manage the upstream accounting team, including revenue, joint interest, production, and fixed asset/AFE accounting functions.

• Oversee monthly, quarterly, and annual close processes specific to upstream operations, ensuring accurate recognition of oil, gas, and NGL revenues, production volumes, and related costs.

• Direct joint interest billing (JIB) processes, including partner billing, cash calls, settlements, and audit support for operated and non-operated properties.

• Ensure proper accounting for exploration and development costs, including successful efforts application, AFE tracking, capitalization, and impairment testing

• Support internal and external audits, including joint venture audits, and respond to partner and regulatory inquiries

• Provide financial analysis and reporting on lease operating expenses (LOE), capital expenditures, well economics, and property performance

• Develop, implement, and continuously improve accounting policies, procedures, and internal controls tailored to upstream operations

Key Attributes 

• Build and maintain collaborative relationships across departments, serving as a trusted leader and advocate for direct reports and accounting teams 

• Proactively leads initiatives, resolves complex issues, and mitigates risks with minimal oversight, ensuring team efficiency and operational success 

• Aligns team goals with leadership’s vision by setting clear expectations, communicating strategic direction, and driving cross-functional alignment 

• Champions a culture of inclusion, transparency, and continuous improvement by fostering open communication and valuing diverse perspectives 

• Invests in team development through structured career planning, coaching, and mentorship while recognizing contributions and encouraging growth 

• Identifies process and efficiency improvements, leveraging technology and innovation to support long-term department success 

• Demonstrates integrity and accountability by modeling clear, unbiased communication, honoring commitments, and holding the team to high-performance standards 

Requirements\:

Education and/or Experience, Knowledge, Skills & Abilities\:

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below\: 

Requirements\:

Education and/or Experience, Knowledge, Skills & Abilities\:

To perform this job successfully, an individual must be able to perform each essential job duty satisfactorily. The requirements for this position are listed below\: 

An equal opportunity employer/disability/vet

Energy Transfer is an equal 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.

The nature and frequency of the above working conditions and requirements may vary depending on individual operational circumstances. Where feasible, the Partnership will make reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of the job.

DISCLAIMER\: The statements listed in this job posting, which are subject to change, are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified.