Demo

Senior Oil & Gas Accounting

VC5 Consulting
Houston, TX Full Time
POSTED ON 3/27/2025
AVAILABLE BEFORE 4/26/2025

We are a mid-sized privately held Oil and Gas Exploration & Production company seeking an experienced Oil & Gas Accountant specializing in Revenue and Joint Interest Billing (JIB) for our Houston, TX headquarters. This role offers significant potential for professional advancement within our organization. We're looking for a proactive, detail-oriented professional with exceptional Excel skills and the ability to thrive in a fast-paced environment. This is a full-time, on-site position.

About the Role :

Manage full-cycle Accounts Payable and Joint Interest Billing for operated and non-operated properties. Oversee revenue entry, accrual, and distribution processes. Maintain and optimize owner accounts, including transfer operations. Conduct in-depth Lease Operating Expense analysis. Perform and review bank reconciliations for deposit accounts. Reconcile all balance sheet accounts and sub-ledgers, ensuring input accuracy. Prepare and analyze monthly financial statements, including cash flow forecasts and depletion calculations. Prepare lead schedules for annual financial audits and tax returns. Develop and deliver customized, detailed reports for executive management. Collaborate directly with operations teams to analyze costs and production metrics.

Responsibilities :

  • Manage full-cycle Accounts Payable and Joint Interest Billing for operated and non-operated properties
  • Oversee revenue entry, accrual, and distribution processes
  • Maintain and optimize owner accounts, including transfer operations
  • Conduct in-depth Lease Operating Expense analysis
  • Perform and review bank reconciliations for deposit accounts
  • Reconcile all balance sheet accounts and sub-ledgers, ensuring input accuracy
  • Prepare and analyze monthly financial statements, including cash flow forecasts and depletion calculations
  • Prepare lead schedules for annual financial audits and tax returns
  • Develop and deliver customized, detailed reports for executive management
  • Collaborate directly with operations teams to analyze costs and production metrics

Qualifications :

  • Minimum 5 years of progressive experience in Oil & Gas accounting
  • Bachelor's degree in Accounting, Finance, or related field (MBA a plus)
  • Extensive knowledge of oil & gas industry accounting practices and regulations
  • Exceptional attention to detail with strong organizational and time management skills
  • Demonstrated ability to work effectively with all levels of employees, management, and external stakeholders
  • Advanced mathematical and analytical capabilities
  • Self-motivated with a proven track record of excelling in high-pressure environments
  • Strong Excel skills
  • Ability to manage and prioritize multiple complex projects simultaneously
  • Proficient in 10-key by touch
  • Experience with WolfPac or OGSYS and Energylink integration highly preferred
  • Pay range and compensation package :

    Salary based on experience. Performance-based bonus opportunities. Comprehensive health, dental, and vision insurance. 401(k) with 3% company match. Generous paid time off and company holidays. Life insurance and employee assistance program. Flexible spending account and health savings account options.

    10636

    If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
    Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

    What is the career path for a Senior Oil & Gas Accounting?

    Sign up to receive alerts about other jobs on the Senior Oil & Gas Accounting career path by checking the boxes next to the positions that interest you.
    Income Estimation: 
    $46,619 - $58,095
    Income Estimation: 
    $46,660 - $59,490
    Income Estimation: 
    $46,698 - $56,511
    Income Estimation: 
    $53,091 - $66,145
    Income Estimation: 
    $125,305 - $173,168
    Income Estimation: 
    $68,734 - $85,597
    Income Estimation: 
    $67,182 - $95,497
    Income Estimation: 
    $85,464 - $107,127
    Income Estimation: 
    $125,305 - $173,168
    Income Estimation: 
    $85,464 - $107,127
    Income Estimation: 
    $67,182 - $95,497
    Income Estimation: 
    $105,160 - $136,618
    Income Estimation: 
    $125,305 - $173,168
    Income Estimation: 
    $117,990 - $155,228
    Income Estimation: 
    $164,666 - $215,191
    Income Estimation: 
    $164,666 - $215,191
    Income Estimation: 
    $198,976 - $271,567
    View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

    Job openings at VC5 Consulting

    VC5 Consulting
    Hired Organization Address Dallas, TX Full Time
    Job Details Position Summary: They will design and implement security solutions that protect enterprise systems, applica...
    VC5 Consulting
    Hired Organization Address Houston, TX Full Time
    Overview Tired of feeling like a nameless number in a corporate machine? We get it. Endless bureaucracy, stifling hierar...
    VC5 Consulting
    Hired Organization Address Houston, TX Full Time
    JOB RESPONSIBILITIES Strategic Analysis & Financial Support Prepare and maintain scheduled ad-hoc reports Prepare monthl...
    VC5 Consulting
    Hired Organization Address Rockwall, TX Full Time
    Company Job Title- Low-code Developer (2 junior & 2 mid-level / senior) Mode of Hire- Direct Location- Onsite, Rockwall ...

    Not the job you're looking for? Here are some other Senior Oil & Gas Accounting jobs in the Houston, TX area that may be a better fit.

    Oil & Gas Sales Representative

    Oil & Gas Contractor, La Porte, TX

    AI Assistant is available now!

    Feel free to start your new journey!