Accountant/Bookkeeper

Job Title: Accountant / Bookkeeper
Company: Proline Energy Resources Inc
Industry: Oil & Gas
Location: Sugar Land, TX (In-person, Hybrid, or Fully Remote)
Job Type: Full-time or Part-time

About Proline Energy:

Proline Energy Resources Inc. is an Independent Oil and Gas Operating Company, and its affiliates are privately held oil and gas entities based in the Greater Houston Area, Texas. Our primary focus is to develop and produce onshore mature conventional and unconventional natural gas resources in East Texas, South Texas, and the Onshore Gulf Coast.

We are currently recruiting for in-person, hybrid, and fully remote positions, offering both part-time and full-time roles.

Position Overview:

The Accountant / Bookkeeper will be responsible for managing financial transactions, reconciliations, reporting, and compliance tasks. The ideal candidate must have a strong background in the oil and gas industry, with a minimum of 5 years of experience using WolfePak (WP) accounting software and a degree in Accounting or Finance.

Key Responsibilities:

• Financial Transactions & Deposits: Process and record deposits (JIB, AFE, cash calls, refunds, non-op revenue, etc.) in WP, ensuring accuracy and proper documentation.
• Credit Card Transactions & Reconciliation: Clear credit card charges in WP weekly, reconcile statements, and ensure timely and accurate reporting.
• Bank Reconciliations: Perform monthly bank reconciliations for multiple accounts, ensuring all transactions are accounted for and discrepancies are resolved.
• Joint Interest Billing (JIB) & Revenue Accounting: Run JIB and revenue reports, track billing cycles, respond to owner inquiries, and maintain proper documentation.
• Accounts Payable & Vendor Management: Process invoices, set up new vendors, request W-9 forms, and ensure timely payments.
• AFE & Cash Call Processing: Assist in setting up AFEs and cash calls in WP, tracking owner responses, handling invoices, and ensuring compliance with agreements.
• 1099 & IRS Compliance: Prepare and review 1099s, audit vendor tax IDs, handle IRS reporting and demand letters, and ensure compliance with tax regulations. Upload 1099 to IRS as required and respond to inquiries or correspondence from the tax agency.
• Federal & State Tax Reporting: Provide necessary financial data for tax filings, ensure timely filing of franchise, personnel, and corporate taxes with other accountants.
• Financial Statement & Monthly Reporting: Process monthly uploads for gas, oil, administrative expenses, insurance, and various allocations.
• GLO Reporting & Payments: Assist in preparing and reconciling General Land Office (GLO) payments and journal entries.
• Non-Operated Accounts & Divestments: Assess non-operated accounts, assist with clean-up efforts, and collaborate with management on divestment decisions and communicate the decisions to the operating companies.
• Invoice Management: Oversee invoice tracking, coding, entry into WP, and ensure approvals and payments are processed efficiently. Perform monthly audits to avoid double entries / payments.
• Workover & Operations Accounting Support: Participate in weekly meetings with the PERI team to address workover-related financial matters.
• Training and Development: Train and mentor junior accountants, bookkeepers and interns by providing guidance on financial reporting, reconciliation, tax compliance, and auditing procedures, ensuring adherence to regulatory standards and company policies.

Qualifications & Requirements:

• Education: Bachelor's degree in Accounting, Finance, or a related field.
• Experience: Minimum 5 years of experience in accounting within the oil and gas industry.
• Software Proficiency: Strong proficiency in WolfePak (WP) accounting software and Excel.
• Technical Skills: Knowledge of JIB, AFE, revenue accounting, and tax compliance in oil and gas.
• Attention to Detail: Strong analytical skills and ability to handle large data sets accurately.
• Communication: Excellent verbal and written communication skills for liaising with internal teams and external stakeholders.
• Organizational Skills: Ability to prioritize and manage multiple tasks effectively and work in a team.

Benefits:

• Competitive salary

Job Types: Full-time, Part-time, Contract

Expected hours: 16 – 40 per week

Benefits:

• Flexible schedule

Schedule:

• Monday to Friday

Education:

• Bachelor's (Required)

Experience:

• Microsoft Excel: 5 years (Required)
• Wolfepak Software: 5 years (Required)

Work Location: In person