Senior Staff Accountant, Financial Reporting

Formentera Operations LLC, based in Austin, Texas, is an energy-focused private equity strategy that responsibly acquires and optimizes producing oil and gas assets in onshore U.S. basins. We cultivate a culture of integrity, collaboration, and mutual growth, valuing diverse teams and ideas.

About the role

This position plays a critical part in ensuring the accuracy, integrity, and compliance of financial information across the organization. As a Financial Reporting Analyst, you will maintain various accounting activities, including financial reporting, analysis, and compliance with regulatory standards. You will collaborate closely with internal stakeholders to support decision-making, drive operational efficiency, and maintain financial stability. Additionally, you will ensure data integrity across systems by reconciling data between accounting software and reporting models, managing projects that require precision and accountability.

Responsibilities

• Prepare accounting entries monthly ensuring timely and accurate reporting.
• Perform variance analysis and investigate discrepancies to identify trends, risks, and opportunities for improvement.
• Prepare and analyze financial statements in accordance with GAAP.
• Collaborate with other departments to provide accounting information to support internal stakeholders in making business decisions.
• Support external audits by providing documentation and explanations as needed to auditors.
• Assist in implementing and maintaining internal controls and procedures.

Requirements

• Bachelor’s degree in accounting, finance, or related field.
• CPA certification a plus.
• Minimum of 5 years’ experience in financial accounting/reporting, with at least 3 years in the upstream oil and gas industry.

Skills

• Exceptional analytical and problem-solving skills with the ability to communicate findings effectively.
• Detail-oriented with a high level of accuracy and adherence to deadlines.
• Excellent verbal and written communication skills, with the ability to convey financial information to both financial and non-financial stakeholders.
• Proven ability to work collaboratively in cross-functional teams and lead initiatives.

Physical Requirements

This is a sedentary role. The employee is regularly required to talk or listen, and frequently required to stand, walk, use hands to handle objects, and reach with arms. Close visual acuity is needed for viewing a computer, reading, transcribing, and analyzing data. Occasional lifting of up to 25 pounds. Manual dexterity sufficient to operate a computer keyboard.

Benefits

• Competitive base salary.
• Annual bonus eligibility.
• 100% employer-covered health insurance premiums.
• 401K with 4% employer match.

Formentera provides equal employment opportunities to all applicants and employees without regard to protected characteristics. Visa sponsorship is not available for this role.