Jobs · Accounting · Alabama

Accounting Associate- Non-Op Revenue

Diversified Energy Company · Birmingham, AL · 1 mo ago
AccountingFull-time

Diversified Gas & Oil Corporation (“DGOC”) is a wholly-owned subsidiary of Diversified Energy Company PLC, a US-based company listed on the New York Stock Exchange (NYSE) and London Stock Exchange (LSE) under the ticker symbol “DEC”. DGOC is an established owner and operator of producing conventional and unconventional natural gas & oil wells and midstream pipelines and compression stations concentrated in the Appalachian Basin in the United States. Headquartered in Birmingham, AL, our field operations are located throughout the Appalachian Basin in Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. In 2021, Diversified expanded into the Central Regional Focus Area, which includes producing areas within Louisiana, Texas, Oklahoma, and Arkansas.

About the role

This position will support the accounting and reporting activities for the Company's non-operated well portfolio and assist with certain reporting responsibilities within the operated portfolio. The role contributes to the timely and accurate preparation of accounting records and financial reporting that support management, investors, lenders, and regulatory requirements. To be successful in this role, the Accounting Associate should be detail-oriented, organized, and possess strong analytical skills. The ideal candidate will demonstrate a willingness to learn, collaborate with cross-functional teams, and continuously improve accounting processes and reporting capabilities.

Responsibilities

  • Prepare accounting entries and supporting schedules for cash receipts, revenue, operating expenses, and capital expenditures within the non-operated portfolio.
  • Assist with maintaining accounting records at the summary, operator, and well level.
  • Support the preparation and enhancement of reporting related to the non-operated portfolio.
  • Prepare designated accounting schedules and roll-forwards utilized during the monthly and quarterly close process.
  • Assist with annual audit requests and support SOX compliance activities within assigned areas.
  • Perform account reconciliations and investigate variances as part of the monthly financial close process.
  • Assist in the preparation of monthly, quarterly, and annual revenue reports.
  • Support the development and maintenance of revenue forecasting and analytical models.
  • Perform variance analysis and provide supporting explanations for fluctuations in revenue and operating results.
  • Assist with the preparation of financial statement disclosures and other reporting requirements.
  • Collaborate with accounting team members to identify process improvements and reporting efficiencies.

Requirements

  • 1-3 years of accounting experience.
  • CPA preferred.
  • Basic understanding of U.S. GAAP.
  • Familiarity with Hyperion.
  • Proficiency in Excel, Word, and PowerPoint.
  • Highly motivated and detail-oriented with keen analytical and problem-solving skills.
  • Strong interpersonal skills and the ability to communicate at all levels of the organization.
  • Ability to work independently with minimal supervision.
  • Commitment to continuous improvement.
  • Knowledge of the oil and gas industry preferred.

Benefits

DGOC offers a competitive compensation plan and a comprehensive benefits program, including:

  • Healthcare, dental, and vision insurance.
  • Short-term and long-term disability.
  • 401(k) retirement plan.
  • Life insurance.
  • Flexible Spending Account Plan.
  • Paid time off.

Office Physical Requirements and Working Conditions

  • Prolonged periods working at a desk in front of a computer.
  • Must be able to lift up to 15 pounds at a time.

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