Assistant Controller - Production, Revenue and Regulatory/Compliance Accounting
Job in
Oklahoma City, Oklahoma County, Oklahoma, 73116, USA
Listed on 2026-09-11
Listing for:
Flywheel Energy
Full Time
position Listed on 2026-09-11
Job specializations:
-
Accounting
Financial Reporting, Financial Compliance, Accounting Manager, Financial Controller
Job Description & How to Apply Below
Job Details
Job Location:
Oklahoma City Office - Oklahoma City, OK 73102
Position Type:
Full Time
Education Level: 4 Year Degree
Travel Percentage:
None
Job Shift: Day
Job Category:
Accounting
The Assistant Controller is a key leadership role responsible for overseeing upstream oil and gas Production, Revenue and Regulatory/Compliance Accounting activities. This role requires a strong technical accounting foundation, deep industry accounting expertise, and the ability to partner closely with Operations, Land, Marketing/Midstream, and Finance. The ideal candidate enjoys managing complex accounting processes, developing talent, leveraging technology, and driving continuous improvement to enhance financial accuracy, efficiency, and compliance.
Key Responsibilities- Direct Revenue, Production & Regulatory Accounting by supporting the respective functional leaders, establishing priorities, accountability, performance expectations and development plans.
- Oversee accurate well-level production, allocations, measurement, inventory, fuel/flare/use, gathering statements, and reconciliation from field measurement through revenue volumes. Ensure the resolution of volume imbalances and discrepancies.
- Oversee operated and non-operated revenue accounting, purchaser statements, suspense, escheatment considerations and owner payments.
- Oversee timely and accurate production, severance tax, royalty and other required filings with state and federal agencies, including ONRR/BIA obligations, where applicable.
- Maintain effective internal controls over production, revenue and regulatory processes.
- Serve as an accounting liaison between Operations, Land, Marketing/Midstream, Measurement, Engineering, Tax and Finance.
- Ensure revenue-related AR, accrued revenue, royalties payable, production/severance taxes, suspense and other assigned accounts are reconciled.
- Oversee the standardization of processes across basins/acquisitions, reduce manual work, improve data interfaces and reporting, establish and measure KPIs, and identify automation opportunities.
- Drive timely completion of the monthly close cycle, including the review and approval of journal entries, accruals, and account reconciliations.
- Support the Operations Controller in mentoring, developing, and leading a high-performing accounting team while fostering a collaborative and accountable culture.
- Oversee full-cycle upstream accounting activities, including revenue, joint interest billing (JIB), accounts payable, production accounting, and financial reporting coordination.
- Manage and support month-end, quarter-end, and year-end close processes, ensuring timely, accurate, and complete financial reporting.
- Review and approve journal entries, account reconciliations, and financial close deliverables.; perform variance analysis against budget, forecast, and prior periods.
- Assist with the preparation, review, and coordination of annual audited financial statements and supporting schedules, ensuring compliance with GAAP and internal controls.
- Serve as a primary point of contact for external auditors, tax advisors, and third-party service providers.
- Partner cross-functionally with Operations, Land, Revenue, FP&A, and other business teams to ensure accurate financial representation of business activities and performance.
- Identify, assess, and implement process improvements, system enhancements, and special projects to improve efficiency, controls, and data quality.
- Leverage accounting systems, reporting tools, and automation to streamline workflows and improve business insights.
Required Qualifications
- Bachelor's degree in Accounting or Finance.
- 8+ years of progressive accounting experience, including leadership or supervisory responsibilities.
- Strong experience in upstream oil and gas Production, Revenue and Regulatory/Compliance Accounting.
- Solid understanding of GAAP, internal controls, and financial reporting requirements.
- Proven ability to manage competing priorities in a fast-paced environment.
- Strong analytical, problem-solving, and attention-to-detail skills.
- Effective communicator with the ability to collaborate across multiple functions and levels of the organization.
- Proficiency in Microsoft Office 365, particularly Excel (pivot tables, lookups, logical formulas, and large data sets).
- CPA designation.
- Experience supporting multi-entity accounting structures.
- Familiarity with accounting and reporting systems commonly used in oil and gas operations (e.g., ERP and…
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