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Senior Oil

2 months ago

Houston, United States Texas Independent Exploration Full time

About the Company:

We are a mid-sized privately held Oil and Gas Exploration & Production company seeking an experienced Oil & Gas Accountant specializing in Revenue and Joint Interest Billing (JIB) for our Houston, TX headquarters. This role offers significant potential for professional advancement within our organization. We're looking for a proactive, detail-oriented professional with exceptional Excel skills and the ability to thrive in a fast-paced environment. This is a full-time, on-site position.

About the Role:

Manage full-cycle Accounts Payable and Joint Interest Billing for operated and non-operated properties. Oversee revenue entry, accrual, and distribution processes. Maintain and optimize owner accounts, including transfer operations. Conduct in-depth Lease Operating Expense analysis. Perform and review bank reconciliations for deposit accounts. Reconcile all balance sheet accounts and sub-ledgers, ensuring input accuracy. Prepare and analyze monthly financial statements, including cash flow forecasts and depletion calculations. Prepare lead schedules for annual financial audits and tax returns. Develop and deliver customized, detailed reports for executive management. Collaborate directly with operations teams to analyze costs and production metrics.

Responsibilities:

  • Manage full-cycle Accounts Payable and Joint Interest Billing for operated and non-operated properties
  • Oversee revenue entry, accrual, and distribution processes
  • Maintain and optimize owner accounts, including transfer operations
  • Conduct in-depth Lease Operating Expense analysis
  • Perform and review bank reconciliations for deposit accounts
  • Reconcile all balance sheet accounts and sub-ledgers, ensuring input accuracy
  • Prepare and analyze monthly financial statements, including cash flow forecasts and depletion calculations
  • Prepare lead schedules for annual financial audits and tax returns
  • Develop and deliver customized, detailed reports for executive management
  • Collaborate directly with operations teams to analyze costs and production metrics

Qualifications:

  • Minimum 5 years of progressive experience in Oil & Gas accounting
  • Bachelor's degree in Accounting, Finance, or related field (MBA a plus)
  • Extensive knowledge of oil & gas industry accounting practices and regulations
  • Exceptional attention to detail with strong organizational and time management skills
  • Demonstrated ability to work effectively with all levels of employees, management, and external stakeholders
  • Advanced mathematical and analytical capabilities
  • Self-motivated with a proven track record of excelling in high-pressure environments
  • Strong Excel skills
  • Ability to manage and prioritize multiple complex projects simultaneously
  • Proficient in 10-key by touch
  • Experience with WolfPac or OGSYS and Energylink integration highly preferred

Pay range and compensation package:

Salary based on experience. Performance-based bonus opportunities. Comprehensive health, dental, and vision insurance. 401(k) with 3% company match. Generous paid time off and company holidays. Life insurance and employee assistance program. Flexible spending account and health savings account options.