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Lead Accounting Executive

2 months ago

Fort Worth, Texas, United States CSI Recruiting Full time
Job Overview
A Senior Accounting Manager is sought for a dynamic DFW-based firm specializing in oil and gas accounting. This pivotal role involves overseeing complex accounting operations, nurturing accounting talent, and further developing the accounting division. The successful candidate will ensure accuracy, efficiency, and exceptional service delivery to clients.

Key Responsibilities

PRIMARY DUTIES:
  • Direct the accounting team, offering guidance to foster high performance and career advancement.
  • Ensure thorough examination of monthly client revenues and expenditures, confirming accuracy and completeness.
  • Perform detailed analysis of financial data, identifying variances and ensuring precision in calculations related to NRI & WI, taking into account factors such as new well activations and outstanding checks.
  • Provide expert advice on complex oil and gas accounting issues, including tax implications and deductions.
  • Oversee the annual preparation of 1099 forms and the reporting of property taxes.
  • Manage EnergyLink data and implement CDEX formats for efficient data handling.
  • Facilitate the onboarding of new clients, ensuring a smooth transition and adherence to best practices.
  • Develop and enhance robust processes that ensure accurate and comprehensive accounting and reporting for the entire client base.
  • Prepare and verify various account reconciliations, including those for revenue, royalties, expenses, and receivables.
  • Lead the month-end closing process and reconciliations, including managing bank accounts, statements, invoices, and client-specific journal entries/general ledger.
  • Oversee the timely processing and distribution of royalty revenue checks to clients as necessary.
REQUIRED SKILLS:
  • In-depth knowledge of oil and gas accounting principles and regulations.
  • Ability to meet established monthly closing deadlines and effectively communicate any unforeseen issues.
  • Experience in managing client portfolios with a professional and timely response to inquiries.
  • Exceptional organizational skills.
  • Effective communication with ownership, management, and accounting team members.
  • Maintain client confidentiality and protect operations by safeguarding sensitive information.
  • Ability to multi-task and transition smoothly between various clients.
  • Proficiency in Microsoft Excel and oil and gas accounting software.
EDUCATION & EXPERIENCE:
  • Bachelor's degree in Accounting; a Master's degree is preferred.
  • Over 10 years of experience in accounting and financial reporting within the oil and gas sector.
  • CPA certification is mandatory.