Operations Accountant

4 days ago


Dallas, Texas, United States CSI Recruiting Full time
Job Description

CSI Recruiting is seeking an experienced Upstream Oil and Gas Accountant to join our team. As a key member of our accounting team, you will be responsible for managing all aspects of the accounting process related to the production and exploration of oil and gas reserves.

Key Responsibilities:
  • Financial Transaction Monitoring: Monitor financial transactions related to oil and gas revenues and expenses, ensuring accuracy, completeness, and compliance with accounting policies and procedures.
  • Account Reconciliation: Reconcile accounts receivable and payable and other general ledger accounts, resolving any discrepancies in a timely and effective manner.
  • Production Accounting: Perform monthly account reconciliations for accounts assigned and ensure proper presentation of account balance.
  • Tax Calculation: Calculate royalties, severance tax, and other production-related taxes owed to government agencies and ensure timely and accurate payment.
  • Production Reporting: Perform production accounting activities, including analyzing production data, monitoring production volumes, and preparing production reports.
  • Financial Data Collaboration: Collaborate with other departments such as engineering, land, and marketing to ensure financial data is accurately reflected in the company's systems.
  • Financial Analysis: Help complete monthly analyses by comparing actual vs. budget/forecasted balances and research accounting transactions to confirm accuracy, validity, and understanding of financial activity.
  • Forecasting and Analysis: Assist in the forecasting and analysis of project and departmental costs for monthly presentation through the use in forecasting database and system.
  • Month-End and Year-End Close: Perform month-end and year-end close processes, including journal entry preparation, balance sheet reconciliations, and financial statement preparation.
  • Team Leadership: Lead, mentor and motivate junior accountants or financial analysts, providing guidance, support, and training to enhance skills and the team's performance.
  • Complex Issue Resolution: Assist upper management in resolving complex accounting issues or challenges that arise in upstream operations.
Requirements:
  • Education: Bachelor's degree in accounting, Business, or Finance, or an equivalent required.
  • Experience: Minimum of 5 years' experience in accounting, closing, reporting, and hands-on accounting systems.
  • Industry Experience: Minimum of 3 years' experience in upstream oil and gas.
  • Technical Skills: Proficient in Microsoft 360 products (Outlook, Excel, Word) required with advanced skills in Excel in particular.
  • System Experience: Excalibur, or other P2 system experience preferred.


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