Accounting Associate - Oil and Gas

About the role

Whitley Penn, one of the nation’s leading audit, tax, and advisory firms, is looking for an Associate to join our team! The Associate is expected to demonstrate a basic knowledge of Generally Accepted Accounting Principles specifically related to Oil & Gas Accounting, with the ability to appropriately apply them to conduct outsourced accounting functions and special projects, under the supervision of various professionals. Assignments may include, but are not limited to, monitoring accounts payable and receivable, participating in monthly, quarterly and yearly accounting cycles, preparing monthly financial statements, and conducting monthly revenue-related tasks. Performance is evaluated based on the quality of work, application of accounting knowledge, and ability to meet specified time constraints and deadlines. Whitley Penn has become one of the fastest growing public accounting firms by providing exceptional, personalized service that reaches far beyond traditional accounting. In addition to Audit and Tax solutions, we offer a wide range of Advisory and Consulting services. We work in collaborative teams with an emphasis on an open-door policy, entrepreneurial thinking, and a well-built culture. At Whitley Penn, we learn, innovate, and achieve by sharing knowledge, embracing new ideas, and working together. We’re looking for professionals who think like owners and want to be part of shaping a high-growth firm.

Position Details: Full-time; Exempt, Department: Energy Accounting and Consulting, Location: Dallas Office, Expectations/Hours: In-Office.

Responsibilities

• Participate in client engagements where you will develop an understanding of the entire engagement process and gain real-world accounting and business knowledge
• Monitor accounts payable and accounts receivable
• Prepare daily receipts, monthly revenue intake sheets, spreadsheets files and inter-company reports
• Monitor and ensure that all monthly transactions are accurately recorded
• Participate in monthly, quarterly and yearly accounting cycles and prepare monthly financial statements
• Coordinate JIB, revenue and other monthly accounting processes
• Perform monthly revenue related tasks and analysis, including monthly revenue close process and reconciliations related to deferred revenue accounts
• Support external audit activities
• Identify, measure and analyze data
• Learn to communicate and proactively work with clients to build trust-based relationships and gather information needed to conduct assignments in an organized and efficient way
• Learn how engagement budgets connect to firm financial results and how to manage your personal billable hours to engagement budgets
• Develop knowledge of the firm, including its professional capabilities
• Participate in community organizations/events through volunteer and networking opportunities
• Participate in professional development and training sessions throughout the year
• Participate in the firm’s annual performance management