Lucas Group is North America's premier executive search firm. Since 1970, our culture and methodologies have driven superior results. We assist mid-tier to Fortune 500 clients in finding transcendent, executive talent. Candidates fully realize their career ambitions, and associates find professional success.
Lucas Group has been engaged by our Upstream client on a search for a Senior E&P Accountant. This role will be responsible for monthly close including preparing accruals, maintaining GL, preparing journal entries, managing AFE and analyzing financials. In addition, he or she will be responsible for Inventory (or material transfer) accounting.
Responsibilities:
- Support Controller &accounting supervisor with month-end closing process including various accruals including but not limited to drilling & completion accrual.
- AFE management including set up and assignment of AFE numbers and cost review.
- Prepare, record and analyze various monthly GL journal entries including but not limited to misc. cash entries, salt water disposal and work string income and several accrual entries on a monthly basis.
- Run monthly JIB process for operated properties
- Research, monitor and record movement of equipment while coordinating with internal departments as well as offsite facility resources; initiate and process material transfers to accurately reflect accounting costs including physical locations; analyze and reconcile inventory accounts monthly.
- Prepare and support annual audit and tax work.
- Assists the field managers with questions/requests pertaining to the accounting data
- Review and approve vendor invoices in system; work with Accounts Payable Clerk(s) and Operations.
- Coordinate insurance policy renewals, audits, etc.
- Support Controller & Accounting supervisor for undertaking ad-hoc accounting projects/reports.
Requirements:
- 5+ years of accounting experience in Oil & Gas industry(operator) with JIB experience
- Financial reporting and analysis experience within the oil and gas industry
- Comprehensive knowledge of U.S. GAAP and practices
- Ability to handle multiple tasks simultaneously and work independently
- Familiarity with internal controls and auditing
- Advanced MS Excel skills and Proficiency in OGSYS.
- Bachelor's degree in accounting or finance
- Relevant professional certification such as CPA, CA, local equivalent or Master's in Finance or Accounting preferred
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