Sr Accountant

Sr. Accountant

Our Client is a Houston-based oil and gas exploration and production company, part of a larger global enterprise, who are heavily invested in significant energy projects in addition to managing unconventional natural gas assets in Texas, positioning them as key players in domestic energy production.

Expanding their reach internationally, they hold exploration rights in promising offshore basins in South America, underscoring their commitment to long-term growth in diverse markets. Their natural gas marketing efforts, managed in coordination with a specialized energy marketing subsidiary, allow them to engage in both equity and non-equity transactions.

Through robust partnerships, this organization prioritizes maximizing value from current assets while advancing its portfolio to meet societal energy needs sustainably and responsibly.

SUMMARY:

The Accounting & Finance department is seeking a Senior Accountant, who will play a critical role in ensuring the accuracy of accounting for our Texas onshore operated properties. The Senior Accountant will accurately record capital and lease operating expenditures, maintain accurate property and inventory records, and ensure compliance with COPAS accounting standards and regulations. The ideal candidate will have strong communication skills, the ability to recommend accounting process improvements, foster a positive team environment, and be able to communicate monthly accounting results.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES:

• Process monthly Joint Interest Billing (JIB) invoices, prepare standard monthly JIB entries, monthly capital expenditure accrual entries and lease operating expense accrual entries.


• Relevant knowledge of COPAS to ensure expenses are properly recorded and allocated to partners in accordance with Joint Operating Agreements (JOA).


• Analyze partner/JIB receivable accounts to ensure timely and accurate payments.


• Joint venture (JV) audits including JOA, Accounting Procedure, and COPAS reviews.


• Inventory accounting.


• PP&E accounting including rollforward, work-in-process, and in-service reviews.


• Operations reviews & analytics including LOS reporting, budget vs. actuals and Operations reporting / support.


• Maintain and enhance internal control processes to ensure the accuracy and reliability of financial information.


• Prepares balance sheet account reconciliations for assigned accounts on a monthly basis.


• Special projects as needed.

QUALIFICATIONS:

• Knowledge of Joint Operating Agreement and COPAS accounting principles.


• Exceptional analytical and critical thinking skills.


• Excellent attention to detail and commitment to accuracy.


• Ability to work independently and manage monthly deadlines.


• Intermediate Microsoft Office required (including Excel and Word)

EDUCATION and / or EXPERIENCE:

• Bachelor’s degree in accounting is required.


• Minimum 5 years of experience in oil and gas accounting.


• Quorum accounting software experience preferred but not required.


• EnergyLink experience preferred but not required.

LANGUAGE SKILLS:

• Fluent verbal and written English skills.

WORK ENVIRONMENT & PHYSICAL DEMANDS:

The work environment and physical demands described here are representative of those an employee encounters and must meet to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• This job operates in a professional office environment and routinely uses standard office equipment.


• Eligible for Hybrid Telework Program

Benefits

• Medical, Dental, Vision benefits


• 401K and Company Match


• Tuition Reimbursement


• Generous PTO Policy


• Breakroom Snacks / Beverages


• Eligible for hybrid work schedule

Position Competencies

1. Job Knowledge


2. Productivity


3. Dependability


4. Accounting Quality


5. Responsiveness


6. Initiative


7. Problem Solving

Physical requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this Job, the employee is regularly required to sit, walk and stand; talk or hear, both in person and by telephone; use hands repetitively to finger, handle, feel or operate standard office equipment. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision and the ability to adjust focus.

About Teal Energi:

TealEnergi is a technical manpower provider with extensive experience supporting the successful execution and operation of major capital project investments. Forged through a desire to provide best-in-class service to clients, candidates, and contractors alike, TealEnergi works through its offices nationwide to provide regional support to a wide range of sectors including both traditional energy and energy transition initiatives (e.g., LNG, hydrogen, wind, solar), as well as manufacturing, mining, and infrastructure.

TealEnergi is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, age, disability, ethnicity, gender or gender identity, language, national origin, physical or mental ability, political affiliation, religion, sexual orientation, or protected veteran status.