Senior Accountant at Denver

Job Description

DCP Midstream, LLC, headquartered in Denver, Colorado, leads the midstream segment as one of the top three largest natural gas gatherers and processors, the largest producer of natural gas liquids, and one of the largest marketers of natural gas liquids in the country.DCP Midstream is a 50-50 joint venture between Spectra Energy and ConocoPhillips.DCP Midstream, LLC, headquartered in Denver, Colorado, is a leader in the midstream segment of the energy industry as the No. 1 NGL producer, No. 1 natural gas gatherer and processor, and No. 3 NGL pipeline operator in the U.S., based on miles of pipeline operated. DCP Midstream is a 50-50 joint venture between Phillips 66 and Spectra Energy. 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 3,200 employees perform in gathering and processing natural gas in 18 states. DCP Midstream is the largest oil and gas company and the largest private company in Denver, and is the Top Company Winner for Energy/Natural Resources in Colorado as recognized by ColoradoBiz. For more information, visit the DCP Midstream website at www.dcpmidstream.com.DCP Midstream, LLC is also the general partner and manages the operations of DCP Midstream Partners, LP, a midstream master limited partnership (MLP) which trades on the New York Stock Exchange (NYSE: DPM). (www.dcppartners.com)Position Summary:Accounting for the company?s trading and hedging derivative activity. Support Manager and external reporting groups in developing derivative related financial statement disclosures.ESSENTIAL FUNCTIONS:Understanding of derivative transactions and related accounting treatment as dictated by generally accepted accounting principlesPerform settlement process for derivative transactions in QLM system (derivatives and commissions) approve settlements process payments process invoices research settlement variances as neededPrepare and upload month end journal entries (in PeopleSoft) for all derivative transactionsPrepare monthly Management Reports for all derivative activityMonthly account reconciliationsEstablish and maintain effective communications and working relations with customers, revenue accountants, marketers, and other DCP personnelAssist with Audits (Internal, D&T, SOX, et al)Assist with quarterly and annual financial statement footnote disclosuresCommunication and coordination with Front Office, Middle Office, Corporate Accounting and Tax personnel, as neededAssists with special projects of greater complexity as requested by managementBasic Qualifications:Degreed individuals with a bachelors degree or an advanced degree in finance, accounting, business administration5+ years related accounting experience as a degreed professionalDesired Qualifications:Knowledge of derivative trading products including, commodities, fixed income, and foreign exchange a plusStrong knowledge of GAAP, accounting methods and financial statement presentationStrong computer application skills and ability to learn new system as neededStrong planning and organizational skillsStrong accounting, analytical, problem solving and decision making skillsEffective communication, interpersonal and leadership skillsCPA

Job Requirements

Please refer to the Job Description for the qualifications.
Country: USA, State: Colorado, City: Denver, Company: DCP Midstream, LLC.