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Director, Financial Reporting

4 months ago

Houston, United States VAALCO Energy, Inc Full time

POSITION SUMMARY:

The Director, Financial Reporting & Technical Accounting, will be responsible for leading the Company’s financial reporting group as well as technical accounting initiatives while fostering a sense of accountability and teamwork to ensure efficient work processes, cross training, and best practices. Keen ability to identify technical accounting implications. Strong communication skills are required for prompt and precise coordination with general accounting teams, tax, treasury, financial planning & analysis, business development, and other teams both within and outside of Finance.


ESSENTIAL DUTIES & RESPONSIBILITIES:

  • Oversees the accurate and timely preparation of quarterly and annual consolidated financial statements, footnotes and MD&A for Forms 10-Q and 10-K filed with the SEC.
  • Prepares consolidated cash flow statement.
  • Supervises the financial reporting department.
  • Execute the Company’s SOX controls over financial reporting activities, ensuring effective and efficient design and operating effectiveness of internal controls.
  • Liaises with outside auditors and tax consultants on a quarterly basis.
  • Completes special projects and analyses as needed.
  • Owns the systems and tools used in the financial reporting department, ensuring all team members are adequately trained.
  • Ensures adequate staff, systems, controls and processes in place to meet requirements.
  • Actively coach and develop the team to empower them to reach their potential.
  • Implement and manage deadlines and project plans amongst all parties involved.
  • Evaluate all significant and unusual transactions, researching technical accounting implications.
  • Research, assess and implement all new, relevant accounting guidance throughout the company’s businesses.
  • Interact with senior/executive management, and present to the Audit Committee, on technical accounting issues.
  • Contributes to team effort by accomplishing related results as needed.
  • Performs other duties to ensure successful services are delivered and customers are satisfied.
  • Maintains excellent attendance and punctuality.


EDUCATION & REQUIRED EXPERIENCE:

  • Bachelor’s Degree
  • CPA
  • Eight to ten years’ experience accounting and reporting for oil & gas exploration and production company; strong in accounting research and knowledge of SEC, SOX and GAAP requirements


SKILLS, QUALIFICATIONS, AND OTHER REQUIREMENTS:

  • Familiarity with Workiva
  • Strong US GAAP knowledge
  • Strong organizational skills and detail orientation
  • Excellent written and verbal communication skills
  • Proficient in working as part of a team; self-motivated
  • Strong working knowledge of personal computers with proficiency in Microsoft Excel, Word, or comparable software


PHYSICAL DEMANDS:

Requires sufficient personal mobility and physical reflexes, to permit the employee to function in a general office environment and accomplish tasks and duties as outlined above.


WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet.


ABOUT VAALCO:

VAALCO Energy, Inc. is a Houston, Texas-based independent energy company principally engaged in the production, development, and acquisition of oil and natural gas properties in West and North Africa and western Canada. VAALCO’s strategy is to increase reserves and production through the development and exploitation of international oil and natural gas properties, with a primary focus on Africa. The Company’s properties are located in offshore Gabon, Equatorial Guinea, and Cote d’Ivoire, onshore Egypt, and western Canada.