Sr. Financial Accountant

Overview

Essential Duties & Responsibilities

General description of main/primary duties and responsibilities of the job, aptitude, level of complexity, span of control, autonomy, decision making and judgement. It is central and necessary to the satisfactory performance of the job. Includes the following and other duties as assigned.

• Assist with the month end closing, ensuring Accounting processes are completed timely in accordance with planned close schedules, including assisting with the preparation of the monthly, quarterly and yearly financial statements and management reporting packages.
• Prepare and/or review journal entries and account reconciliations, including analyzing general ledger account detail for accuracy and completeness to ensure transactions are recorded, documented, reviewed and supported in accordance with Company policies and controls.
• Prepare monthly, quarterly, and annually industry specific calculations, such as, Impairment, Leasehold transfers as applicable, Capital and Opex accruals, depletion and amortization (DD&A), Asset Retirement Obligations (ARO), etc.
• Analyze and review lease operating statements, expense variance analyses, key operating statistics, price and volume variances, and operating results on a monthly basis, if applicable.
• Work with both internal and external Auditors to ensure proper support and schedules are provided in order to complete quarterly and yearly audit test work.
• Research and apply GAAP to current and future transactions and provide manager with technical Accounting memos regarding contemplated transactions and /or Accounting issues.
• Interact with all Accounting personnel, other departments, and vendors in order to timely facilitate the completion of job requirements.
• Performs other duties as assigned.

This Position Will

• Assist with the month end closing, ensuring Accounting processes are completed timely in accordance with planned close schedules, including assisting with the preparation of the monthly, quarterly and yearly financial statements and management reporting packages.
• Prepare and/or review journal entries and account reconciliations, including analyzing general ledger account detail for accuracy and completeness to ensure transactions are recorded, documented, reviewed and supported in accordance with Company policies and controls.
• Prepare monthly, quarterly, and annually industry specific calculations, such as, Impairment, Leasehold transfers as applicable, Capital and Opex accruals, depletion and amortization (DD&A), Asset Retirement Obligations (ARO), etc.
• Analyze and review lease operating statements, expense variance analyses, key operating statistics, price and volume variances, and operating results on a monthly basis, if applicable.
• Work with both internal and external Auditors to ensure proper support and schedules are provided in order to complete quarterly and yearly audit test work.
• Research and apply GAAP to current and future transactions and provide manager with technical Accounting memos regarding contemplated transactions and /or Accounting issues.
• Interact with all Accounting personnel, other departments, and vendors in order to timely facilitate the completion of job requirements.
• Performs other duties as assigned.

Education, Experience, Licensure (minimum level required)

• Bachelor’s Degree from an accredited institution.
• Field of Study:
  Accounting, Business or Finance.
• At least three (3) years of experience in the Oil & Gas Industry.
• Public Accounting experience at a Big Four or large regional firm.
• Active Certified Public Accountant (CPA) or actively working toward obtaining CPA license.

List and describe the required factors (i.e. knowledge, skills, abilities, software programs, equipment, competencies), that make it important or needed for this role. Indicate the level of proficiency/expertise for each when possible.

• Advanced understanding of Generally Accepted Accounting Principles and the ability to apply GAAP to new and existing transactions.
• Extensive knowledge of difficult Accounting concepts and procedures and ability to apply them to daily activities, in an…