Job Title: Property Staff Accountant II (Hybrid Schedule)
Posted by: Buckeye Partners on Aug 12, 2022
Location:
Houston , TXJob Description:
Founded in 1886, Buckeye Partners, L.P. has a proven track record of stability and success. We pride ourselves on the laser focus we apply to safely providing service and value to our customers, operating under a strong set of values, and empowering our employees to make decisions. We have a tenacious commitment to environmental responsibility and regulatory compliance in all that we do.
It is our internal culture that sets us apart from other companies. Our goal is to provide our employees with a greater span of responsibility, the ability to make decisions, and access to experts to help you build your skills and experiences. Each of our career tracks provides employees with the ability to innovate, and be a significant contributor from their first day on the job.
Buckeye Partners is currently seeking a Property Accountant with experience in fixed assets and lease accounting to join our team!
Role Summary:
The Property (Staff) Accountant II role is responsible for supporting the Property Accounting function by maintaining of records and accounts of all company fixed assets and operating leases and ensuring that all balances are properly reflected in Buckeye's financial statements, in addition to participating in other accounting projects as assigned.
Essential Duties & Responsibilities include:Leases:Prepare initial lease assessment for new leases (Finance/Operating/Leaseback) including recognition and evaluation of all lease termsEvaluate the accounting impact of new, amended, reassessed, and terminated leasesGeneral Ledger: Responsible for monthly/quarterly close procedures, such as preparing journal entries as well as:Recording assets in general ledger in compliance with GAAPRecording any changes in property plant and equipment schedulesPreparing monthly reconciliationsPreparing monthly and quarterly financial packagesJD Edwards: Recording all fixed assets into JD Edwards fixed asset system.Reporting: Providing asset reports to various departments as scheduled and upon request.Audits: Performing audit of payments to ensure proper classification.Process Improvements: Drive process improvements and automation to improve efficiencies within the groupAnd other duties as assigned.Position Requirements:Bachelor's Degree in Accounting, Finance or other related discipline required.4+ years related experience is required, preferably lease accounting related.Fixed assets accounting or equivalent experience preferred.Solid understanding and application of ASC 842 lease accounting standardSignificant experience utilizing MS Office to perform accounting related tasks is required.Intermediate to advanced Excel skills is preferredExperience with fixed asset systems such as JD Edwards is preferred.Other Skills, Attributes and Abilities:In order to succeed in this position, the incumbent must possess strong analytical and problem solving skills coupled with excellent writing and oral communication skills.This is a detail-oriented position that requires a great deal of accuracy.Strict deadlines and timelines must be adhered to with regards to reporting requirements. Incumbents must be able to multi-task and prioritize work responsibilities.Essential Functions:This position requires the ability to safely and successfully perform essential job functions consistent with ADA, FMLA and other federal, state and local standards, including meeting qualitative and or/quantitative productivity standards.This role requires the ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state and local standards.This position requires compliance with all personnel policies.Physical & Safety Requirements:This person must perform duties that require considerable use of arms and extended hours of sitting.Required use of all ergonomically safe equipment in performance of job.Normal office environmentAbout You:
To be successful in the Buckeye culture, our employees must Possess excellent communication skills, both written and verbal. You must be able to work independently. You must also be able to exercise tact, discretion, and professionalism when dealing with internal clients and external counterparties (customers, vendors, etc.), as well as when handling sensitive and confidential information.
Buckeye Partners wants to create and reward an organizational focus that stimulates the creative and entrepreneurial actions of our employees and results in innovative ways of reducing costs, generating revenues, improving productivity, or improving processes.
About Us:
Buckeye Partners, L.P. is the logistical solutions partner of choice for the global energy business and one of the nation's largest independent petroleum products pipeline transportation and terminalling service provider; our strength is to create centers of expertise around our products, technologies and client needs.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, or national origin. We are also an equal opportunity employer of individuals with disabilities and protected veterans. Please view Equal Employment Opportunity Posters provided by OFCCP on the following website: http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm
It is our internal culture that sets us apart from other companies. Our goal is to provide our employees with a greater span of responsibility, the ability to make decisions, and access to experts to help you build your skills and experiences. Each of our career tracks provides employees with the ability to innovate, and be a significant contributor from their first day on the job.
Buckeye Partners is currently seeking a Property Accountant with experience in fixed assets and lease accounting to join our team!
Role Summary:
The Property (Staff) Accountant II role is responsible for supporting the Property Accounting function by maintaining of records and accounts of all company fixed assets and operating leases and ensuring that all balances are properly reflected in Buckeye's financial statements, in addition to participating in other accounting projects as assigned.
Essential Duties & Responsibilities include:Leases:Prepare initial lease assessment for new leases (Finance/Operating/Leaseback) including recognition and evaluation of all lease termsEvaluate the accounting impact of new, amended, reassessed, and terminated leasesGeneral Ledger: Responsible for monthly/quarterly close procedures, such as preparing journal entries as well as:Recording assets in general ledger in compliance with GAAPRecording any changes in property plant and equipment schedulesPreparing monthly reconciliationsPreparing monthly and quarterly financial packagesJD Edwards: Recording all fixed assets into JD Edwards fixed asset system.Reporting: Providing asset reports to various departments as scheduled and upon request.Audits: Performing audit of payments to ensure proper classification.Process Improvements: Drive process improvements and automation to improve efficiencies within the groupAnd other duties as assigned.Position Requirements:Bachelor's Degree in Accounting, Finance or other related discipline required.4+ years related experience is required, preferably lease accounting related.Fixed assets accounting or equivalent experience preferred.Solid understanding and application of ASC 842 lease accounting standardSignificant experience utilizing MS Office to perform accounting related tasks is required.Intermediate to advanced Excel skills is preferredExperience with fixed asset systems such as JD Edwards is preferred.Other Skills, Attributes and Abilities:In order to succeed in this position, the incumbent must possess strong analytical and problem solving skills coupled with excellent writing and oral communication skills.This is a detail-oriented position that requires a great deal of accuracy.Strict deadlines and timelines must be adhered to with regards to reporting requirements. Incumbents must be able to multi-task and prioritize work responsibilities.Essential Functions:This position requires the ability to safely and successfully perform essential job functions consistent with ADA, FMLA and other federal, state and local standards, including meeting qualitative and or/quantitative productivity standards.This role requires the ability to maintain regular, punctual attendance consistent with the ADA, FMLA and other federal, state and local standards.This position requires compliance with all personnel policies.Physical & Safety Requirements:This person must perform duties that require considerable use of arms and extended hours of sitting.Required use of all ergonomically safe equipment in performance of job.Normal office environmentAbout You:
To be successful in the Buckeye culture, our employees must Possess excellent communication skills, both written and verbal. You must be able to work independently. You must also be able to exercise tact, discretion, and professionalism when dealing with internal clients and external counterparties (customers, vendors, etc.), as well as when handling sensitive and confidential information.
Buckeye Partners wants to create and reward an organizational focus that stimulates the creative and entrepreneurial actions of our employees and results in innovative ways of reducing costs, generating revenues, improving productivity, or improving processes.
About Us:
Buckeye Partners, L.P. is the logistical solutions partner of choice for the global energy business and one of the nation's largest independent petroleum products pipeline transportation and terminalling service provider; our strength is to create centers of expertise around our products, technologies and client needs.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, or national origin. We are also an equal opportunity employer of individuals with disabilities and protected veterans. Please view Equal Employment Opportunity Posters provided by OFCCP on the following website: http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm
Pay Rate:
Unspecified
HR. Website URL:
https://recruiting2.ultipro.com/BUC1000BPL/JobBoard/adf51551-2dd0-4b7a-8e3c-057a3c439e45
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About Buckeye Partners
Buckeye Partners is a forward-thinking energy company. We are focused on collaboration, inclusion, empowerment, accountability, and professional development. We have unwavering commitments to safety, customer service, the environment and compliance. Our employees are self-starters with integrity, entrepreneurial spirit, and commercial drive. We believe that diverse backgrounds, perspectives, and abilities are indispensable assets to the work we do and the customers we serve. In addition to owning and operating a global network of integrated assets providing liquid petroleum product logistical solutions, We are one of the largest independent liquid petroleum product pipeline operators in the United States with approximately 6,000 miles of pipeline. Our global terminal network comprises more than 115 terminals located across the many regions of the United States and the Caribbean. Our flagship marine terminal in The Bahamas is one of the largest marine crude oil and refined petroleum product storage facilities in the world. Through Swift Current, we have commercialized approximately 10 gigawatts of clean energy projects across North America. We look forward to a wealth of opportunities in our expanding role as a leading energy company.
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