Senior Accounting Associate - Oil & Gas
Whitley Penn · Houston, TX · 3 wk ago
HybridAccountingFull-time
Position Details
Classification: Full-time; Exempt
Department: CAAS - Energy Accounting & Consulting
Location: Houston
Office Expectations: Hybrid; (In-office: Monday, Tuesday, Thursday) Remote 2 days
What You Will Do
- Assume full responsibility for planning and executing assignments using established firm policies and procedures, including supervising and training associates, and reviewing the work of associates.
- Delegate and review cash entries and bank reconciliations.
- Prepare mid-level journal entries (ARO, O&G properties depletion, other fixed assets depreciation, SWD, COPAS overhead, JIB variance, accruals, etc).
- Prepare and book operated revenue with minimal oversight.
- Review and participate in monthly, quarterly, and yearly accounting cycles.
- Monitor and manage full AP cycle including coding, posting of AP vouchers, coordination of check runs and completion of Positive Pay files if required.
- Monitor accounts receivable and work with client team for collection of amounts due to client.
- Monitor and ensure that all monthly transactions are accurately recorded.
- Coordinate JIB, revenue, and other monthly accounting processes when applicable.
- Prepare balance sheet account reconciliations with workpapers/schedules supporting financial statements.
- Support audits by preparing required schedules per PBC list.
- Address ad hoc requests as required, including requests from Tax Department.
- Own end-to-end execution of assigned processes, ensuring adherence to deadlines.
- Identify and resolve routine issues.
- Maintain effective contact with client personnel at the appropriate levels; interact with clients in a professional and competent manner; build trust-based relationships with clients.
- Proactively work with client’s management to gather necessary information and complete engagement procedures in a timely manner.
- Participate in firm committees, departmental matters, learning experiences, etc. that increase your commitment and capability within the firm.
- Join and participate in community or professional events and committees to develop relationships and networks in the community.
- Participate in technical and professional training throughout the year.
- Participate in the firm’s annual performance management and goal setting process.
What You Need To Get Here
- 3-5 years of experience in Energy accounting and analysis, demonstrating a progression in complexity, and scope.
- Oil & Gas Accounting Knowledge specifically Upstream/E&P experience required.
- BS in Accounting or MS in Accounting or Financial Management.
- CPA or CPA eligibility preferred.
- Proficiency in the use of technology and accounting programs.
- Familiar with "Generally Accepted Accounting Principles (GAAP) specifically as they relate to Oil & Gas Accounting.
- Familiarity with ARO, Depletion, Impairment, and other industry-specific calculations.
- Proficiency in Microsoft Office Excel.
- Proficiency in O&G Accounting Software preferred (OGsql, Wolfepak, Quorum On-Demand Accounting).
- A positive attitude, professional appearance, and demeanor.
- Strong organizational and time management skills; ability to plan and execute multiple engagements and projects simultaneously.
- Excellent analytical skills and problem-solving ability; exhibits creativity by expressing new ideas and "thinking outside the box"; solution-minded.
- Excellent communication skills, both orally and in writing; actively listens and clearly communicates ideas and information.
- Strong relationship-building capabilities; ability to work respectfully and productively with diverse individuals in a variety of roles.
Benefits
- Firm Paid Medical Insurance (Free Employee Only Coverage on 2 of 3 plans)
- Voluntary Dental and Vision Insurance
- 17 Annual Firm holidays, with extended breaks around July 4th and year end
- 20 days PTOPaid Maternity and Parental Leave
- 401(k) with Profit Sharing
- Discretionary Bonus Program
- Firm Paid Becker CPA Review Course & Reimbursement for Exam Fees
- Health & Wellness Program
- Pet Insurance