Thank you for your consideration in joining our team at Valor!
Before applying for this job, please take the following assessments by clicking on the two links below:
1. https://go.cultureindex.com/p/zmCEHbpd2Q
2. https://www.ondemandassessment.com/link/index/JB-9F1CDHQ73?u=1143070
Responsibilities
- Lead the accounting department, providing mentorship to ensure high performance and professional growth.
- Oversee the meticulous review of monthly client revenue and expenses, guaranteeing accuracy and completeness.
- Conduct in-depth analysis of revenue and expenses, identifying fluctuations, discrepancies, and ensuring precision in NRI & WI calculations, considering factors like new wells activation and missing checks.
- Offer expert guidance on intricate oil & gas accounting matters, including taxation, deductions, joint interest billing, and related issues.
- Manage the annual processing of 1099 forms and the reporting of property taxes.
- Administer EnergyLink data and establish CDEX formats for streamlined data management.
- Supervise the onboarding process for new clients, ensuring a seamless transition and adherence to best practices.
- Develop and refine robust processes that guarantee accurate and comprehensive accounting and reporting for the entire client portfolio.
- Prepare and validate various account reconciliations, encompassing revenue, royalties, expenses, JIB's, and receivables.
- Lead the month-end closure and reconciliations, including managing bank accounts, statements, invoices, JIB's, and client-specific journal entries/general ledger.
- Oversee the efficient processing and distribution of royalty revenue checks to clients as required.
- Conduct a thorough review of charges associated with joint interest billing.
Skills
- Strong understanding of oil & gas accounting principles and regulations.
- Ability to meet established monthly close deadlines and clearly communicate unexpected issues.
- Experience in managing client portfolios and can respond to inquiries in a professional and timely manner.
- Excellent organization skills.
- Communicate effectively with ownership, management, and accounting team members.
- Maintain client confidence and protect operations by keeping information confidential.
- Multi-task and transition seamlessly between clients.
- Proficiency in Microsoft Excel and oil & gas accounting software.
Education and Experience Requirements
- Bachelor’s degree in Accounting, Master’s degree preferred.
- 10+ years of experience in accounting and financial reporting in the oil and gas industry
- CPA strongly preferred.