Position Summary:

The Gas Plant Accountant is responsible for accurate accounting, reporting, and analysis of natural

gas processing plant operations. This role includes plant settlement, allocation of costs and revenues,

reconciliation of volumes, and ensuring compliance with company policies and regulatory

requirements. The position requires a strong understanding of midstream operations, plant processing

agreements, and complex allocation methodologies.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

Prepare and review monthly plant settlement statements for working interest owners and

counterparts.

Maintain accurate allocation of natural gas, NGL, and residue gas volumes to appropriate

owners and contracts.

Reconcile plant volumes, shrink, fuel, and flare against measurement and operational reports.

Calculate and record plant processing fees, transportation costs, and fractionation expenses.

Coordinate with Operations and Measurement teams to resolve discrepancies in volume and

allocation data.

Review and interpret gas processing agreements, including percent-of-proceeds, keep-whole,

and fee-based contracts.

Post journal entries for revenue, expense, and plant-related accruals in the general ledger.

- Assist in monthly close process, including preparation of account reconciliations and variance

analysis.

Provide support for audits, regulatory compliance filings, and ad hoc reporting requests.

Collaborate with internal stakeholders to improve processes and ensure accurate financial

reporting.

Qualifications:

Required:

Bachelor's degree in Accounting, Finance, or related field.

Preferred:

3+ years of experience in oil and gas accounting, with specific exposure to gas plant or

midstream accounting.

Knowledge of plant processing agreements and gas balancing concepts.

CPA or progress toward CPA preferred.

Skills & Competencies:

- Strong analytical and problem-solving abilities.

- Proficiency in Microsoft Excel (pivot tables, lookups, complex formulas).

- Experience with ERP systems (e.g., SAP, P2, Oracle, or similar).

- Knowledge of GAAP and industry-specific accounting practices.

- Ability to work independently and meet deadlines in a fast-paced environment.

- Strong communication skills for cross-departmental collaboration.

Physical Demands

Requirement Frequency Description

Sitting Frequently Desk work, computer use, meetings

Standing/Walking Occasionally Office, facility walkthroughs

Lifting (up to 20 lbs.) Occasionally Files, training materials, safety equipment

Fine Motor Skills Constantly Typing, writing, computer mouse use

Vision/Hearing Requirements Required Reading reports, using phones, attending meetings

Environmental Exposure Rarely May visit field sites with exposure to weather and noise

Work Environment

- Full-time, non-exempt position based at corporate headquarters.

- Standard office environment with minimal physical demands.

- Fast-paced, deadline-driven atmosphere requires attention to detail and time management.

- Occasional visits to plant or field sites, which may involve exposure to outdoor elements,

noise, and industrial equipment.

- Personal Protective Equipment (PPE) required at all times in designated areas.

Equal Opportunity Employer

Foundation Energy Management, LLC is an Equal Opportunity Employer, Employment decisions are

based on merit, qualifications, and abilities without regard to race, color, religion, gender, sexual

orientation, gender identity, age, disability, national origin, veteran status, or any other legally

protected status.