What are the responsibilities and job description for the Senior Accountant- Fixed Assets position at Diversified Energy Company?
Company Profile
Diversified Gas & Oil Corporation (“DGOC”) is a wholly-owned subsidiary of Diversified Energy Company PLC, a US-based company listed on the New York Stock Exchange (NYSE) and London Stock Exchange (LSE) under the ticker symbol “DEC”. Diversified Gas & Oil Corporation (DGOC) is an established owner and operator of producing conventional and unconventional natural gas & oil wells and midstream pipelines and compression stations concentrated in the Appalachian Basin in the United States. Headquartered in Birmingham, AL, our field operations are located throughout the Appalachian Basin in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. In 2021, Diversified announced our expansion into our Central Regional Focus Area, which includes producing areas within Louisiana, Texas, Oklahoma, and Arkansas.
Position Summary & Responsibilities
Location:
Birmingham, AL (in office)
Job Description
This person will oversee and account for our capital expenditure program at DEC. The role creates value for the Company and its stakeholders, including investors, lenders and regulators, through the oversight of the accurate and efficient preparation of the Company’s accounting records. This person will also be critical in the effective implementation of various accounting policies and SOX processes to provide Management with the necessary information to make the best decision for the business.
To successfully fulfill the position’s responsibilities, the Senior Accountant will work with professionals in departments throughout the Company and engage with various external parties and subject matter experts. The Senior Accountant must be detail-oriented, organized, and possess technical competence (i.e. able to perform accounting research and oversee the accurate preparation of accounting records for Auditors and similar parties).
Job Role Responsibilities
Key responsibilities include the following:
POSITION REQUIREMENTS:
Diversified Gas & Oil Corporation (“DGOC”) is a wholly-owned subsidiary of Diversified Energy Company PLC, a US-based company listed on the New York Stock Exchange (NYSE) and London Stock Exchange (LSE) under the ticker symbol “DEC”. Diversified Gas & Oil Corporation (DGOC) is an established owner and operator of producing conventional and unconventional natural gas & oil wells and midstream pipelines and compression stations concentrated in the Appalachian Basin in the United States. Headquartered in Birmingham, AL, our field operations are located throughout the Appalachian Basin in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. In 2021, Diversified announced our expansion into our Central Regional Focus Area, which includes producing areas within Louisiana, Texas, Oklahoma, and Arkansas.
Position Summary & Responsibilities
Location:
Birmingham, AL (in office)
Job Description
This person will oversee and account for our capital expenditure program at DEC. The role creates value for the Company and its stakeholders, including investors, lenders and regulators, through the oversight of the accurate and efficient preparation of the Company’s accounting records. This person will also be critical in the effective implementation of various accounting policies and SOX processes to provide Management with the necessary information to make the best decision for the business.
To successfully fulfill the position’s responsibilities, the Senior Accountant will work with professionals in departments throughout the Company and engage with various external parties and subject matter experts. The Senior Accountant must be detail-oriented, organized, and possess technical competence (i.e. able to perform accounting research and oversee the accurate preparation of accounting records for Auditors and similar parties).
Job Role Responsibilities
Key responsibilities include the following:
- Record the cost of newly acquired fixed assets (both tangible and intangible).
- Track existing fixed assets and record depreciation.
- Account for the disposition of fixed assets.
- Create and monitor a system of controls, procedures, and forms for the recordation of fixed assets.
- Recommend updates to accounting policies related to fixed assets.
- Track the compilation of project costs into fixed asset accounts and close out those accounts once the related projects have been completed.
- Reconcile the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.
- Conduct periodic impairment reviews for intangible assets.
- Prepare audit schedules relating to fixed assets and assist the auditors in their inquiries.
- Track company expenditures for fixed assets in comparison to the capital budget and management authorizations
POSITION REQUIREMENTS:
- 3 years of fixed asset accounting experience.
- CPA, preferred
- Experience in Sage Fixed Asset Software
- Proficiency in Excel, Word, and PowerPoint.
- Highly motivated and detail-oriented with keen analytical and problem-solving skills.
- Strong interpersonal skills and the ability to communicate at all levels of the organization.
- Ability to work independently with minimal supervision.
- Commitment to continuous improvement.
- Knowledge of the oil and gas industry preferred
