Accounting Associate - Oil and Gas Job Houston area,Texas USA,Accounting

TX Houston
3737 Buffalo Speedway Ste 1600
Houston, TX 77098, USA

Whitley Penn,oneofthe 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 ofthe fastest growing public accounting firms by providing exceptional, personalized service that reaches far beyond traditional addition to Audit and Tax solutions, we offer awiderange of Advisory and Consulting services.

Weworkin collaborative teams with an emphasis onan open-door policy,entrepreneurial thinking, and awell-built culture.

At Whitley Penn, welearn, innovate, andachieveby sharing knowledge, embracing new ideas, and working together.

We’relooking for professionals who think like owners and want to bepartof shaping a high-growth firm.

Classification:
Full-time;
Exempt

Department:
Energy Accounting and Consulting

Location:

Houston

Office Expectations/

Hours:

Hybrid; (WFH Wednesday/Friday) general work schedule is Monday – Friday, 8 hours/day between 8am to 5pm with overtime, as needed.

What You Will Do

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 and goal setting process

What You Need to Get Here

2-4 years of experience in Oil & Gas accounting and analysis, demonstrating a progression in complexity, scope and number of engagement assignments.
BA or Master’s in accounting or financial management.
CPA or CPA eligibility preferred
Basic knowledge of Generally Accepted Accounting Principles and Generally Accepted Auditing Standards, specifically related to Oil & Gas Accounting
Familiarity with ARO, Depletion, Impairment and other industry specific calculations
Proficiency in Microsoft Office Excel
Proficiency in Wolfe Pak and/or Ogsys accounting software
A professional appearance and demeanor
An eagerness to learn and acquire new skills and knowledge
Excellent analytical and problem-solving skills
A strong work ethic, strong time management skills and the ability to meet deadlines in a fast-paced environment; responsible and self-motivated
Organizational skills and ability to multi-task
Strong communication skills, both orally and in writing
Ability to work…