Accounting Supervisor

Posted 16 Days Ago
Be an Early Applicant
Houston, TX
Mid level
Energy
The Role
The Accounting Supervisor will oversee general accounting and financial reporting duties for non-regulated upstream assets and regulated midstream natural gas pipelines. Responsibilities include managing monthly close processes, ensuring revenue compliance, preparing financial statements, coordinating with teams for accurate forecasting, and supporting audits while maintaining SOX compliance.
Summary Generated by Built In

Determined. Imaginative. Curious. If these are some of the ways you describe yourself — we want to learn more about you! At TC Energy, we are Energy Problem Solvers — passionate about transitioning North America to cleaner energy while meeting the energy demands of today and tomorrow. If that sounds like a challenge you want to help tackle, we want you to join our team! 

The Opportunity

The Accounting Supervisor for the TC Energy USPL Central Pipelines Accounting and Financial Reporting team will have the opportunity to work on a variety of general accounting and financial reporting duties associated with both non-regulated upstream mineral producing assets as well as regulated midstream natural gas pipelines in a highly focused team environment. While providing accounting support to major financial accounting areas, including general ledger accounting, upstream oil & gas accounting, joint venture accounting, regulatory accounting, accounting research, and financial reporting, they will have the opportunity to collaborate with talented people and make a valuable contribution to the organization.

This position within U.S. Pipelines Accounting will report to the Accounting Manager.

What You'll do:

Reviews/performs routine accounting responsibilities for TC Energy’s non-operated upstream assets, overseeing and working with a staff accountant in performing:

  • Oversight of monthly close processes for accruals and revenue reporting
  • Manage revenue and royalty receipts/reporting and ensuring revenue compliance and accuracy
  • Processing joint interest billings and ensuring payments are on time and accurate
  • Coordination with commercial and marketing teams to maintain accurate forecasting
  • Ensures all required transactions are recorded and ensures timely and appropriate reporting of results as required
  • Prepares and/or Reviews monthly recurring journal and adjusting general ledger entries
  • Reviews/Oversees monthly reconciliations and ensures items identified in the reconciliation are resolved/corrected in a timely manner
  • Prepares and/or Reviews standalone financial statements for equity method investments in accordance with US GAAP and related analysis/reports
  • Coordinates the preparation of materials presented to joint venture partners, including budgets and forecasts
  • Prepares and/or Reviews reports documenting explanations and analysis of significant or unusual variances in actual results from budget, forecasts and prior periods
  • Provides/Reviews supporting schedules of key financial information to the Income and Property Tax Group used in the required federal and state filings
  • Coordinates timely preparation of key requests of auditors with the other groups such as property accounting, commercial, etc.
  • Maintains SOX compliance
  • Participates in the TC Energy budgeting process by providing key data to the US Planning and Cost Accounting group as needed.
  • Prepares and/or Reviews FERC Form 3Qs and Form 2s for regulated midstream assets every reporting period and ensure timely filing of such
  • Helps in the development and training of staff level accountants
  • Identifies and executes process improvements
  • Participates in various job duties/responsibilities and special projects as directed by the leader or determined on own initiative such as perform accounting back up duties if anyone is out of office, etc.
  • Other tasks as required

Minimum Qualifications

  • Bachelor’s Degree in Accounting
  • Minimum of 6 years of accounting experience, with upstream oil and gas industry experience preferred
  • CPA License a plus
  • FERC reporting experience a plus
  • Public accounting experience a plus

Preferred Qualifications

  • Demonstrates extensive knowledge of accounting rules, regulations, and policies
  • Demonstrates the ability to multi-task and make decisions and recommendations within established accounting procedures
  • Self-motivated with a strong analytical skill set willing to learn and tackle new challenges on an ongoing basis Has the ability to exercises independent judgment in selecting and interpreting information as well as handle deviations from standard methods
  • Demonstrates ability to develop and train staff level accountants
  • Uses appropriate planning and project management skills
  • Possess clear communication skills, both verbal and written
  • Proficient use of Excel and Word
  • Knowledge of SAP accounting software a plus

To remain competitive, support our high-performance culture and allow for more flexibility in the way we work, we offer a hybrid work model and flexible dress code for our eligible office-based workforce in Canada, the U.S. and Mexico. #LI-Hybrid

About our business

TC Energy is a leading energy infrastructure company in North America. We have three complementary businesses of natural gas pipelines, liquids (oil) pipelines, and power generation. Our operations span three countries, seven Canadian provinces, and 34 U.S. states. 


TC Energy is an equal opportunity employer.

Learn more

Visit us at TCEnergy.com and connect with us on our social media channels for our latest news, employee stories, community activities, and other updates.

Thank you for choosing TC Energy in your career search.

* Depending on qualifications, the successful candidate may be offered a position at a more appropriate level and/or ladder.

* Applicants must have legal authorization to work in the country in which the position is based with no restrictions.

* All positions require background screening. Some require criminal and/or credit checks to comply with regulations.

* TC Energy is committed to provide employment opportunities to all qualified individuals, without regard to race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. Accommodation for applicants with disabilities is available on request during the recruitment process. Applicants with disabilities can request accessible formats or communication supports by contacting [email protected].

The Company
HQ: Calgary, Alberta
8,191 Employees
On-site Workplace
Year Founded: 1952

What We Do

TC Energy is helping the world take on a huge challenge: a transition to cleaner energy that also meets global demand. We’re working every day to help tackle it here in North America and we’re looking for innovative problem solvers to help us do it

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