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Accounting Manager and/or Controller

8 hours ago

Fort Worth, Texas, United States Pegasus Resources Full time

Job Description: Accounting Manager and/or Controller (commensurate with experience)

The primary responsibility of this position will be to serve as a key member of Pegasus' accounting team to help support the Company's growth in the Permian Basin and Appalachia. This role will support all functions of Pegasus' accounting department, including (but not limited to) consolidation and financial reporting, partnership tax, treasury, revenue and receivables, PP&E, debt and equity, derivatives, and other general accounting functions. In-office position preferred, however remote/hybrid may be a possibility depending on the candidate.

Key Responsibilities:

Financial reporting, tax, and treasury:

  • Internal and external financial reporting to management and stakeholders
  • Liaise with external auditors, tax preparers, and consultants to manage and complete projects as needed
  • Cash management and other treasury functions

Revenue:

  • Journal entries for cash deposits and revenue
  • Revenue accruals and associated analysis
  • Revenue recovery including pursuing outstanding receivables from operators
  • Lease bonus and other income items
  • Supervise revenue accountants
  • Other revenue special projects and analysis

PP&E:

  • Acquisitions (PPAs) and divestitures
  • Transfers from unproved to proved properties
  • Depletion calculations

  • Impairment assessments

  • Support other accounting functions and assist with special projects as needed

  • Adhere to rigorous monthly, quarterly, and annual close deadlines

Preferred Qualifications:

  • A degree from a four-year college or university in accounting
  • Active CPA license in Texas (for Controller position only)
  • Proficient in MS Excel and Power BI skills
  • Enertia oil and gas software and Workiva consolidation/financial reporting exposure
  • Strong understanding of oil and gas contracts and lease terms including pricing and deductions
  • Highly organized and possess good problem-solving and time management skills
  • Comfortable with monthly, quarterly, and annual recurring close responsibilities
  • Ability to be a team player and interact with different disciplines within a company
  • Demonstrated ability to lead a team of direct reports and achieve high levels of performance

About Pegasus Resources

Pegasus Resources is focused on acquiring and managing mineral and royalty interests in the Permian Basin and Appalachia. Pegasus manages EnCap Minerals – one of the largest privately-owned Permian mineral and royalty positions – as well as newer funds Pegasus II, Pegasus III, and Pegasus Appalachia, possessing significant assets and cash flows. The management team at Pegasus consists of proven leaders in the energy business with multidisciplinary backgrounds. At the core of it all, we are a homegrown, Texas company. We have deep roots in our hometown of Fort Worth, as well as in West Texas where we often work. At Pegasus, we understand that relationships are the core of our business. No matter how big or small the acquisition, we pride ourselves on always acting with integrity, honesty, and transparency. That is the Pegasus way.

Pegasus is backed by its private-equity sponsor EnCap Investments, one of the nation's premier energy investment firms, with over $2.5 billion of invested capital in the funds we manage. As the energy industry's leading provider of growth capital, EnCap has been a significant source of capital to the upstream sector of the energy industry since 1988. EnCap has backed more than 240 companies across 17 upstream funds, including early mezzanine and reserve acquisition funds and, later, a series of nine growth capital funds. To date, EnCap has invested approximately $28 billion in more than 240 different upstream companies. More than 200 investments have been realized, creating strong returns for EnCap's institutional partners over multiple industry and hydrocarbon price cycles.

Interested candidates should submit any inquiries or resumes to

and

.