Phillips 66

Analyst II, Gas Accounting

Phillips 66 • $82K — $101K *
Houston, TX 77084In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Legally authorized to work in the job posting country
  • Bachelor's degree in Accounting, Finance, or a related field
  • 3+ years of accounting or financial operations experience
  • Experience with standard accounting processes, systems, and reporting
  • Preferred: Master's degree in a related field

Responsibilities

  • Support core accounting activities focused on Natural Gas operations
  • Prepare journal entries, accruals, settlements, and account reconciliations for monthly close
  • Accurately record Natural Gas transactions in accounting systems
  • Compile and analyze financial data, investigating variances and delivering reports
  • Respond to internal and external inquiries, resolving issues as necessary
  • Collaborate with schedulers, traders, and stakeholders to address discrepancies
  • Assist in maintaining internal controls and support audit activities

Benefits

  • Annual Variable Cash Incentive Program (VCIP) bonus
  • 8% 401k company match
  • Cash Balance Account pension
  • Medical, Dental, and Vision benefits with annual HSA contributions
  • Total well-being programs including Employee Assistance Plan and backup family care services
Full Job Description
This role offers an opportunity to build a strong foundation in accounting while supporting a dynamic, fast-paced energy business. As an Analyst II, Gas Accounting, you'll work alongside experienced professionals, apply sound accounting principles, and grow your expertise while contributing to accurate, timely financial outcomes that support informed decision-making across the organization.

What You'll Do
  • Support core accounting activities with a primary focus on Natural Gas accounting operations.
  • Contribute to the monthly close by preparing journal entries, accruals, settlements, and account reconciliations.
  • Ensure Natural Gas movements and related transactions are accurately recorded in accounting systems.
  • Compile, analyze, and interpret financial data; investigate variances and deliver clear, reliable reports.
  • Respond to routine questions from internal partners and external counterparties, resolving issues independently and escalating complex matters as appropriate.
  • Partner closely with schedulers, traders, and other stakeholders to resolve discrepancies and support day-to-day business needs.
  • Help maintain effective internal controls and support internal and external audit activities.
  • Contribute to continuous improvement of accounting processes, documentation, and data quality.
  • Manage work effectively to meet deadlines while applying accounting principles with sound judgment.
  • Build technical and analytical skills while gaining deeper insight into how accounting supports business decisions.


What You'll Bring - Required
  • Legally authorized to work in the job posting country
  • Bachelor's degree in Accounting, Finance or a related field
  • 3 or more years of hands-on experience in accounting or financial operations, with exposure to standard accounting processes, systems, and reporting


What Makes You Stand Out - Preferred
  • Master's degree in Accounting, Finance, or a related field
  • 5 or more years of hands-on experience in accounting or financial operations, with exposure to standard accounting processes, systems, and reporting
  • Experience supporting month-end close activities, including accruals, settlements, and variance analysis
  • Exposure to natural gas accounting within the oil and gas industry
  • Experience working with ERP or accounting systems such as SAP S/4 and reconciliation or close tools like Blackline
  • Intermediate Excel skills, including PivotTables, lookups, or similar analytical tools
  • CPA or progress toward a professional accounting certification
  • Working knowledge of basic accounting principles and financial data, including journal entries, reconciliations, or report preparation
  • Ability to collect, analyze, and summarize data accurately, with strong attention to detail and follow-through
  • Comfort using standard office and financial systems to support reporting, documentation, and day-to-day accounting activities
  • Ability to manage priorities, meet deadlines, and collaborate effectively with others in a team environment


Compensation Range

This position has a base salary range of $82,800 - $101,200.

At Phillips 66, we are committed to pay transparency and competitive, equitable compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role's requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth.

Total Rewards

At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being - physical, emotional, social, and financial - is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results - personally and professionally. Benefits for certain eligible, full-time employees include:

  • Annual Variable Cash Incentive Program (VCIP) bonus
  • 8% 401k company match
  • Cash Balance Account pension
  • Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
  • Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services

About Phillips 66

Phillips 66 is a growing energy manufacturing and logistics company. They’re the only integrated downstream company to combine leading midstream, chemicals, refining, and marketing and specialties businesses. With this diverse portfolio, Phillips 66 is uniquely positioned to capture opportunities of the changing energy landscape. Their Midstream segment includes Phillips 66’s transportation business, including operations of Phillips 66 Partners LP, their master limited partnership which conducted an initial public offering in July 2013; a 50 percent interest in DCP Midstream, LLC; and natural gas liquids (NGL) operations. DCP Midstream is the largest NGL producer and one of the largest natural gas gatherers and processors in the United States, with 63,000 miles of pipeline, 62 plants and 12 NGL fractionators.

Phillips 66 Careers

Join the Phillips 66 team today and be part of a thriving company renowned for leadership in the energy sector. At Phillips 66, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Work You’ll Do

Embark on a career with Phillips 66, where you can apply your skills to influence the energy industry positively. Our team is dedicated to excellence and seeks professionals who are passionate about driving change and achieving results. With Phillips 66, you will lead projects that matter, from groundbreaking energy solutions to sustainable practices that shape the future.

Explore Our Diverse Opportunities

Whether you're looking for an internship, a full-time position, or a leadership role, Phillips 66 has a range of employment options to suit your career ambitions. Our job opportunities span various disciplines, offering roles in engineering, business development, finance, and more. Each position at Phillips 66 is a stepping-stone to further growth and professional development.

Innovate and Grow

At Phillips 66, innovation is at the core of everything we do. We encourage our team to bring fresh ideas and perspectives to the table, fostering a culture of continuous improvement and creative problem-solving. Join us and contribute to industry-leading projects and initiatives that set Phillips 66 apart from the competition.

Develop Your Career

Phillips 66 is committed to the development of its employees. We offer comprehensive benefits and diversity training programs designed to enhance your skills and advance your career. From leadership development workshops to networking events, we provide the resources you need to succeed.

Be Part of Our Team

Our company culture celebrates diversity, encourages collaboration, and promotes an inclusive environment where everyone is respected and valued. By joining Phillips 66, you become part of a global team committed to excellence, integrity, and respect for the community and the environment.

Future-Proof Your Career

With Phillips 66, you are not just finding a job; you are building a career. We support your journey with unmatched training, mentorship, and opportunities to advance. Tailor your career path with various roles and projects that challenge and excite you.

Stay Connected

Discover the many ways Phillips 66 can enhance your career through our Jobs and Careers portal. Search open positions that match your interests and skills, and prepare your resume to take the first step towards a rewarding career at Phillips 66.

Keep Up to Date

Stay informed with the latest company news, career tips, and industry insights by subscribing to our careers blog. Gain insider perspectives that can help you navigate your professional journey effectively.

Join Our Team

Ready to make a significant impact? Explore the employment opportunities at Phillips 66 and find the perfect role that aligns with your skills and career goals. We are continuously hiring and looking for ambitious, curious, and driven team players.

SEARCH PHILLIPS 66 JOBS

Phillips 66 is where your career can thrive, surrounded by a community of leaders and innovators. Join us and fuel your future with one of the leading energy companies in the world.
Learn more about Phillips 66
Size
14,000 employees
Market Cap
$47.8 billion
Industry
Energy & Utilities
Net Income
-$3.9 billion
Founded
1917
5 Year Trend
+5.6%
Revenue
$63.4 billion
NASDAQ
PSX
* Ladders Estimates

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