Corporate Reserves Manager
SM Energy Company · Denver, CO · 2 wk ago
SalesFull-time
Role & Responsibilities
- Run the full corporate reserves cycle (year-end SEC case, mid-year, and interim/sensitivity cases)
- Maintain internal SOX controls and a defensible audit trail
- Perform bi-annual volume reconciliations
- Keep reserve definitions, categorization (PDP/PDNP/PUD), and methodology consistent across all operating areas per SEC rules and SPE-PRMS
- Direct and review technical reserves and resource work
- Advises on the reservoir-engineering toolkit (DCA, RTA, volumetrics, modeling, history matching) and on corporate pricing, sensitivity, and development assumptions
- Peer-review booking strategies
- Maintain the ARIES reserves database
- Prepare the reserves content of the Form 10-K (reserves tables, PUD disclosure / Item 1203)
- Career the SPEE-conforming year-end third-party reserves report
- Support the SMOG calculation
- Lead annual EIA filings
- Deliver bi-annual reserves presentations to executives and the Board
- Respond to SEC comment letters
- Partner with Accounting and Tax on impairment, DD&A, ARO, and tax estimates
- Feed reserves and economics into Planning, Budgeting, and FP&A
- Support Investor Relations with reserve metrics
- Prepare the semiannual bank case and RBL models for the borrowing-base redetermination with Treasury and the bank group
- Turn reserves and economics into decision support
- Full-cycle development economics, capital-efficiency screening, A&D and financial-transaction evaluation, and scenario analysis
- Modernize databases and automate workflows
- Responsible deployment of emerging tools (advanced analytics, ML-assisted type-/decline-curve workflows, reporting automation) without compromising controls
- Lead, mentor, and develop the reserves engineering and technician/analyst team
- Run annual ARIES and SPE-PRMS training and reserves-manual updates
- Keep the process decision-useful, not merely compliant
Qualifications
- Bachelor's degree in Petroleum Engineering or a closely related engineering/geoscience discipline
- 10+ years of progressive oil & gas experience, with substantial reservoir-engineering and reserves-estimation work
- Mastery of SEC reserves reporting (Reg S-K Items 1202–1203, Reg S-X Rule 4-10) and FASB ASC 932, including the standardized measure and PV-10; working knowledge of SPE-PRMS and SPEE standards
- Hands-on ARIES and reserves-database expertise; command of core reservoir-engineering methods (DCA, RTA, volumetrics, probabilistic and deterministic estimation)
- Strong computer and data-analytics skills (SQL, Access, Spotfire) — able to model large datasets and automate workflows
- Proven cross-functional coordination across accounting, tax, finance, and external evaluators under tight close and filing deadlines
Preferred
- Prior reserves manager/lead at a publicly traded E&P with direct ownership of the year-end SEC process and 3+ years leading a team strongly preferred
- Prior hands-on technical engineering roles; RBL/borrowing-base experience; multi-basin and unconventional/shale experience
- Track record of process modernization; prior coding experience and demonstrated use of AI / data-analytics tools
- PE license and/or SPEE membership
Benefits
Details are available at Careers :: SM Energy Company (SM) (sm-energy.com)