Accounting Manager

Title: Accounting Manager	Reports to: Chief Financial Officer
Department: Accounting/Finance	Exemption Status: Exempt
Location: Houston, TX

About the Role:

Colt Midstream, LLC is seeking an experienced Accounting Manager to lead multiple accounting functions from the company’s Houston corporate office. Primary focus areas include general accounting and accounts receivable, accounts payable, and fixed assets accounting functions, as well as the monthly financial close process. The role also provides extensive support for tax accounting (federal, state, and local, including sales/use and property tax compliance), quarterly and annual regulatory reporting, company payment cards, treasury, technical accounting, and special projects. This is a supervisory role with at least two direct reports (Senior AP Analysts) and requires working from the Houston, TX office.

What Makes This Role Unique:

This role reports directly to the CFO, who owns the controller function, and carries ownership of controller-level execution across the company’s non-revenue accounting operations. Its breadth – spanning the close, financial reporting, technical accounting, tax, regulatory reporting, and ERP administration – provides broad exposure across the business, regular collaboration with other internal groups and external consultants, and an excellent platform for continuous learning and career growth.

Key Accountabilities:

Accounting Operations – Accounts Payable, Accounts Receivable & Vendor Management:

• Oversee the company’s purchasing and accounts payable function, including a team of two Senior AP Analysts (requires interaction with employee users/approvers at other Colt locations)
• Oversee the company’s accounts receivable function, including periodic review of AR aging and follow-up on long-outstanding amounts
• Oversee the maintenance of master vendor and customer data, and serve as a point of contact for customer/vendor accounting and payment questions
• Act as an administrator of our company payment card program, supporting maintenance and employee use of payment cards, as well as proper recording of the monthly card activity in AP/GL
• Prepare 1099s annually and review new vendors/changes for proper 1099 treatment

Monthly Close & Financial Reporting:

• Prepare ad hoc and recurring monthly, quarterly, and year-end journal entries including various accruals, payroll, intercompany, fixed assets, lease entries, and other adjustments
• Monthly reconciliation and review of all general ledger accounts (excluding revenue and cost of sales)
• Prepare monthly management financial reporting packages and support the CFO in preparation of quarterly GAAP financials and bank compliance documents
• Perform monthly, quarterly, and year-end close processes using Sage Intacct software, ensuring all internal controls are followed and documented appropriately
• Oversee the fixed assets accounting process, including creating new CIP and fixed asset items, posting depreciation, and reconciling balances periodically

Tax & Regulatory Compliance:

• Coordinate the preparation and completion of regulatory and certain tax filings, with assistance from Colt’s gas plant accounting team, including quarterly FERC and annual reporting to the Railroad Commission of Texas
• Support federal partnership tax function, including coordination with external accountants and investors in the preparation of annual tax forecasts and returns, including actual delivery of schedule K-1s to investors and responding to investor questions as necessary
• Coordinate with external consultants and appraisal districts for annual property tax compliance
• Coordinate with external consultants for monthly sales/use tax compliance

Technical Accounting, Systems & Internal Controls:

• Support technical accounting projects, including assessing the impact of new FASB accounting standards updates and reading contracts and agreements to gain an understanding of the arrangement in order to apply appropriate accounting
• Support acquisition/divestiture and reimbursable project accounting and billing
• Perform administrative tasks related to the ERP system, including leveraging the ERP to adapt to business changes, and coordination with consultants and cloud software provider to manage effective use of ERP system
• Oversee assessments and accounting for leases (ASC 842)

Budget, Audit, Payroll & Team Leadership:

• Support annual budget preparation process
• Support audits, including the annual external financial audit, state sales & use tax audits, and other audits as required
• Support payroll function, including collaboration with Human Resources and Executive Management on bonus payment administration and recording of all salaries, wages, and benefits in Colt’s ERP
• Coach and develop staff which at a minimum will include the two Senior AP Analysts, including setting annual goals, providing ongoing feedback, and conducting performance reviews
• Other projects and reporting as assigned