Financial Controller

Position Overview:

We are seeking an experienced Financial Controller with deep expertise in Real Estate and Oil & Gas accounting to lead financial operations, optimize reporting processes, and ensure compliance with industry regulations. This role requires a strategic financial leader with a proven track record in managing complex financial structures, optimizing cash flow, and supporting high-value asset management.

This role will lead the internalization of fund accounting functions, replacing outsourced providers and building in-house capabilities for both Rising Phoenix and its affiliated investment funds.

The ideal candidate will be a detail-oriented and analytical professional who can navigate the financial complexities of property management, oil and gas revenue accounting, and joint venture operations. This individual will play a key role in financial planning, internal controls, and executive decision-making.

Core Responsibilities:

• Lead accounting, financial reporting, budgeting, forecasting, and tax compliance processes with a focus on accuracy and efficiency.
• Oversee lease accounting, cost segregation, depreciation schedules, and asset management for real estate operations.
• Manage revenue recognition, joint interest billing, depletion calculations, and production cost tracking for oil and gas entities.
• Oversee oil and gas fund financials, including monthly investor distributions, performance reporting, bank compliance, and annual audits. 
• Lead the transition to in-house fund accounting, ensuring accuracy, timeliness, and regulatory compliance.
• Coordinate quarterly compliance reporting for business lines of credit, ensuring timely and accurate submissions to banking partners
• Develop and implement cash flow optimization strategies, ensuring financial stability.
• Improve financial processes through automation and system integrations to enhance efficiency.
• Ensure regulatory compliance, tax filings, and audit readiness, mitigating financial risk.
• Collaborate with executive leadership to drive financial strategy, forecasting and decision-making.

Ideal Candidate Profile:

• 8 years of progressive accounting and finance experience, with 2 years in a senior financial leadership role.
• Strong expertise in Real Estate and Oil & Gas accounting, including GAAP, FASB, and industry-specific compliance (ASC 606, ASC 842, full-cost/successful efforts accounting).
• Proficiency in financial software and ERP systems (QuickBooks,Yardi, MRI, OGSYS, WolfePak, SAP, or similar).
• CPA, CMA, or CFA preferred.
• Strong analytical, communication, and leadership skills.

Key Performance Indicators (KPIs):

• Financial Reporting & Compliance: Ensure 100% accuracy in financial reports and maintain audit-ready compliance.
• Operational Efficiency: Reduce monthly close cycle to five business days or less and implement automation for improved reporting.
• Cash Flow & Budget Management: Maintain forecast accuracy within ±5% variance and optimize working capital.
• Profitability & Cost Control: Improve EBITDA margins and identify cost-saving opportunities.
• Stakeholder Reporting: Deliver timely, data-driven insights to support executive decision-making.

Why Join Us?

• Opportunity to lead financial strategy in a dynamic, asset-intensive industry.
• Competitive compensation and performance-based incentives.
• Exposure to high-value asset management and complex financial structures.
• Work with a leadership team that values efficiency, innovation, and strategic growth.

Apply Here:  https://www.indeed.com/job/financial-controller-oil-gas-4d241f321d1b633c