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Production Financial Analyst

2 months ago

Houston, Texas, United States TGNR HOLDCO LLC Full time
Job Overview

The Production Financial Analyst plays a crucial role in the operational accounting team, reporting directly to the Senior Production Financial Analyst. This position is essential for monitoring daily and monthly production metrics, facilitating effective communication between field measurement teams and corporate reporting divisions, and ensuring precise production reporting necessary for informed operational and strategic decision-making within TGNR HOLDCO LLC.

Key Responsibilities

Daily Reporting and Analysis: Conduct thorough reviews of daily production reports, analyze trends and expectations, identify discrepancies, and collaborate with field personnel to implement real-time adjustments as needed.

Monthly Reporting and Reconciliation: Oversee the monthly production reporting process, including reconciling company production data with third-party statements, analyzing trends, and coordinating with field teams to address any necessary changes.

Field Coordination: Work closely with the field measurement and reporting team to ensure accurate and complete monthly state reporting, incorporating all operational updates.

Collaboration with Accounting Departments: Liaise with various accounting teams (e.g., Revenue, Joint Interest Billing, Financial Reporting) to guarantee that comprehensive and accurate production data is utilized in monthly accounting procedures.

Policy Development: Establish formal production accounting policies and procedures to ensure consistent and reliable oversight, capture, and reporting of production data on a daily and monthly basis.

Budgeting and Forecasting: Collaborate with the Finance team to provide necessary data for budgeting and forecasting activities.

Reserves Reporting: Coordinate with the Reserves Group to supply data for mid-year and year-end reserves reporting and forecasting.

Integration Support: Assist in acquisition integration and divestiture efforts as required.

Special Projects: Engage in special projects and perform analytical tasks as needed.

Qualifications

The ideal candidate will possess extensive experience in production accounting and a solid understanding of state and federal regulatory requirements. This role demands strong analytical and communication skills to oversee production accounting processes, ensure the accuracy of daily and month-end reporting, maintain field allocations, and guarantee compliance with relevant regulations.

  • Bachelor's degree in Accounting or a related field
  • A minimum of 5 years of experience in oil and gas production accounting
  • Familiarity with production systems is essential
  • Experience with Cygnet, Flowcal, and PRAMS software is preferred
  • Knowledge of Quorum software is advantageous
  • Proficient in state and federal reporting with a detailed understanding of compliance
  • Advanced Excel skills (including filters, pivot tables, lookups, etc.) and a solid grasp of database analytics
  • Team-oriented with a strong sense of urgency to achieve objectives
  • Excellent verbal and written communication skills