Accountant I
Vaalco Energy · Houston, TX · Yesterday
On-siteFinanceFull-time
About the role
The Accountant I will ensure the integrity of accounting information by recording, verifying, consolidating, and entering transactions.
Responsibilities
- Prepare journal entries to record cash transactions, such as local currency bank transfers, bank fees, earned account interest, and account deposits.
- Record payroll-related transactions and prepare payroll journal entries using information received from Human Resources.
- Prepare entries to properly allocate corporate payroll costs to various entities and cost centers based on information provided by Human Resources.
- Prepare journal entries to record and adjust Personal Time Off (PTO) and short-term incentive-plan (STIP) compensation-related accruals based on information provided by Human Resources.
- Prepare journal entries to record monthly cash entries associated with payroll and stock-based compensation-related transactions.
- Prepare journal entries to record monthly stock-based compensation-related transactions, such as monthly amortization expenses and forfeitures.
- Calculate and prepare monthly and quarterly journal entries relating to corporate accruals, prepaid expense amortization, debt issuance costs, income taxes, and dividend transactions.
- Perform monthly intercompany account reconciliations and prepare any required journal entries.
- Analyze and prepare journal entries to record monthly employee expense report-related transactions.
- Run monthly foreign exchange processes in the accounting system.
- Perform monthly general ledger account reconciliations and assist with providing explanations for month-to-month balance sheet and income statement account variances.
- Assist with gathering and providing information for audits—financial statement audits, internal audits, tax authority audits, joint interest partner audits, governmental audits, and others.
- Assist in special projects as assigned by management, including system upgrades, enhancements, and implementations (as needed).
- Additional tasks as assigned by business/management.
Requirements
- Bachelor’s degree in Accounting.
- 1-3 years’ experience; oil and gas industry experience a plus.
Skills
- Strong US GAAP knowledge.
- Strong organizational skills and detail orientation.
- Excellent written and verbal communication skills.
- Proficient in working as part of a team; self-motivated.
- Strong working knowledge of personal computers with proficiency in Microsoft Excel, Word, or comparable software.
- Time management and data entry management.
About the company
Founded in 1985, Vaalco Energy is a Texas-based leading African-focused oil & gas operating company with a strong production and reserve base and a diverse portfolio of assets in Côte d'Ivoire, Gabon, Egypt, and Equatorial Guinea. Through operational excellence, sustainable practices, and a deep understanding of the regions we operate in, we strive to maximize shareholder value and deliver positive impact for our wider stakeholders.
Work Environment
- The work environment is a general office setting with a usually quiet noise level.
- Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Physical Demands
Requires sufficient personal mobility and physical reflexes to function in a general office environment and accomplish tasks and duties as outlined above.