Upstream / Family Office Controller – Houston, Texas

About the Family Office:

  • The client is a small, family-owned company with 10 dedicated office employees.
  • Currently implementing a succession plan for the CFO/Treasurer by the end of 2024, who has served for over 25 years. They will train and mentor this person for their first 6 months.
  • Maintain a standard 40-hour work week with no overtime requirements.
  • Ideal for those who enjoy working in a small team, serving internal clients, and valuing work-life balance.

Job Summary of Controller for Family Office:

The Controller is responsible for the leadership, coordination, and development of the Company’s Revenue, JIB, Accounts Payable, General Ledger Accounting and Oil & Gas Investments.

  • Assure responsibility for the management of revenue, Joint Interest Billing (JIB), accounts payable, and general ledger functions.
  • Supervise and execute the annual audit process in collaboration with external auditors.
  • Exercise oversight over accounting operations, ensuring the adequacy of internal controls.
  • Directly manage and supervise payroll activities.
  • Collaborate closely with the President to address organizational objectives.
  • Coordinate the outsourcing of tax preparation to a third-party service provider.
  • Oversee the performance and responsibilities of the Joint Interest Billing (JIB) Accountant.
  • Conduct thorough account reconciliations.
  • Facilitate effective communication and relations with owners.
  • Manage intercompany accounting processes.
  • Execute the monthly closing process and prepare comprehensive financial statements for multiple companies.
  • Generate management reports for review by the President and other family members.

Requirements for the Controller role:

  • OGSYS or Wolfpack experience required.
  • CPA
  • Ability to come into office 5x a week to start (can offer flexibility for the right person)
  • A proven track record in building trust and establishing a good rapport with operational and administrative team members as well as key eternal contacts including auditors, legal and tax experts.
  • At least 3 years of experience in a financial management or leadership position within a company with domestic oil and gas experience

Comp & Benefits for the Controller role:

  • 150 to 200K DOE + discretionary bonus, discretionary 401k (4% match in recent years)
  • 4 weeks of vacation PLUS 5 personal days
  • 10 sick days
  • 12 paid holidays (including Columbus & President’s Day)
  • Medical: Company pays 87% premium

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