Revenue & Production Accounting Director – Houston, Dlemaire@cfstaffing.com

Posted on February 28, 2018February 28, 2018 by Dianedelgadolemaire

Responsible for all aspects and supervision of the Revenue Accounting and Production Accounting Departments.

Serves in consultative and collaborative roles with the Joint Interest Accounting and Accounts Payable Accounting Departments to ensure all facets of operational accounting are coordinated and functioning effectively.
Serves as a key advisor to the CAO, CFO, General Counsel and other company personnel on all aspects of Operational Accounting and reporting matters.
Establish and maintain written policies and procedures as well as monitoring for compliance, and recommend and implement improvements required to improve internal control and meet evolving business needs.
Responsible for final review and approval of documents, projects, and processes that are generated within the area of responsibility.
Reviews and monitors interactions with other departments and with outside parties.
Key member of the asset integration team by assisting in the accounting due diligence and integration/dissolution of oil and gas property asset acquisition and divestiture transactions as well as responsible for post-closing accounting settlements.
Recruits, directs, coaches, evaluates, corrects and mentors staff to ensure appropriate organizational development, succession planning, and performance management within the Revenue and Production Accounting Departments.
Serves as the Audit Compliance Officer to facilitate accurate and complete information gathering, and assist in responses to all federal and state royalty and severance tax compliance reviews and audits.
Key accounting team member that interfaces with IT and other departments to update, develop and implement effective operational accounting and reporting systems including the integration of departmental systems (e.g., Marketing/Land/Production/Regions) and sub-systems.

Requirements:

Undergraduate degree in Accounting or related field of study required.
MBA or graduate degree in Accounting is a plus.
CPA certification preferred.
15+ years of progressively responsible experience in all aspects of operational accounting (i.e., revenue, production, joint interests and accounts payable accounting) in the upstream E&P industry.
5+ years related managerial/supervisory experience with demonstrated organizational leadership capabilities while providing advanced technical knowledge of operational accounting practices for a variety of highly complex assignments while successfully working with and advising senior management and various other departments (e.g., Production, Marketing, Land, Legal, AP, Revenue, Corporate Accounting, Region/field personnel) as well as third parties.
In-depth knowledge and demonstrated the ability to successfully work with federal and state agencies to comply with applicable rules and respond to royalty and severance tax compliance reviews and audits.

E&P Revenue Accountant – dlemaire@cfstaffing.com

Posted on May 5, 2015 by Dianedelgadolemaire

Responsibilities:

Record revenue, remit royalties and pay taxes for oil/gas sales associated with properties.

Record associated gas balancing entries and reconcile production versus revenue recorded.

Review and process division of interest changes received from Land Administration and if necessary, reverse and rebook revenue associated with such changes.

Monitor and reconcile accounts receivables. Analyze and reconcile general ledger accounts and prepare accounting entries. Invoice various purchasers for gas sales.

Record Pipeline Imbalances and Cashouts.

Reconcile Intercompany accounts related to assigned properties.

Requirements:

Bachelor’s degree in Accounting desired. A business degree in a related field will be considered.

CPA a plus, 2+ years of oil and gas revenue accounting experience required.

Working knowledge of and ability to apply generally accepted accounting principles.

Proficient in MS Excel.

Ability to gather and communicate data logically, accurately, and concisely.

Position requires sound analytical ability.

Must be able to meet rigorous deadlines and work effectively with others.

Must be able to perform most assignments with minimal supervision.

Oil & Gas Operations Accounting Manager – dcd@fittsroberts.com

Posted on May 5, 2014 by Dianedelgadolemaire

Responsibilities include all aspects of operations accounting: division support, UOP DD&A (capital updates, reserve additions and volume reconciliations), fixed asset depreciation, AFE accounting, financial statement analysis, actual to forecast and actual period to period variance analysis, joint interest billing division of interest maintenance and accounts receivable monitoring and collection, well payout reporting, preparing PBC’s for external auditors, lease impairment calculations, asset retirement obligations, recording various accruals, lease operating expense and capital accounting, accounting for property dispositions, acquisitions and exchanges, joint venture audit coordination, general ledger account reconciliations and special projects.

Requirements:
The candidate must have an Accounting degree with a minimum of twelve years of experience in operations accounting for an oil and gas company with several years of supervisory experience. The candidate should have good communication skills, both written and oral, excellent knowledge of Microsoft Office Applications and a good understanding of COPAS guidelines and accounting for oil and gas properties. The individual must be able to read contracts and agreements and be able to interpret the impact for accounting. The candidate must have good analytical skills, interpersonal skills and must require minimum supervision. Some travel required.

JIB Supervisor – Houston, Texas

Posted on October 5, 2010 by Dianedelgadolemaire

Our client, a growing Oil & Gas company, is looking for a JIB Supervisor. They are looking for someone who is motivated, driven and excited about taking the JIB team to the next level. The position requires a Bachelors Degree and involvement in COPAS is a huge plus!!!!!

Responsibilities:

Supervise numerous positions within the Joint Interest Accounting department;
Be responsible for final review and approval on documents, projects and processes that generate within the department.
This position will execute the posting of vouchers and general ledger processes to ultimately achieve the completion of the JIB monthly close.
Duties include training and guidance for all departmental employees. This person will perform review and analysis of departmental processes and projects.

Requirements:

Position requires Bachelor’s degree in Accounting or Business.
CPA or active COPAS involvement is a plus.
5-12 years of diverse oil and gas accounting experience with a minimum of 3 years supervisory experience required.
Candidate must have a working knowledge of Joint Operating Agreements and the COPAS accounting procedures, guidelines, and interpretations. This person must have a well rounded knowledge of material transfers, AFE’s, capital and expense items, and joint interest processing.

Senior JIB Accountant – 5 years Experience needed – Houston, Texas

Posted on July 19, 2010 by Dianedelgadolemaire

Essential Job Responsibilities:
Monitors and maintains account receivables for company. Resolves disputes regarding company’s account receivables. Establishes and maintains operated and non-operated authority for expenditures (AFE’s). Assigns codes for designated expense reports for input into the accounting system. Maintains inventory and processes transfer of oil and gas equipment (material transfers) from property to property. Generates joint interest billing (JIB) invoices for the company. Establishes well allocations for all operated properties. Analyzes lease operating variances for the company. Calculates salt water disposal (SWD) and platform fees for the company’s operated properties. Reconciles joint interest billing (JIB) and general ledger accounts. Reviews and reports to management monthly variances and reasons for variance on lease operating cost. Assigns correct general ledger property account codes to non-operated properties.

Qualifications:
Five (5) years minimum experience in oil and gas joint interest operations and revenue accounting. Preference will be given to candidates with Hilcorp experience. Ability to accurately solve problems and exceptional proficiency in data management including spreadsheet proficiency. Ability to establish and maintain effective working relationships with employees, supervisors, other departments, officials, and the public. Ability to complete multiple, diverse tasks of differing priorities. Outstanding administrative and organizational skills. Excellent written and verbal communication skills, with specific ability to translate complex operational information into an organized and presentable manner. Proficiency in the use and application of the following software: Required: Microsoft Office (Excel, Word and Outlook).
Preferred: Working knowledge of oil and gas accounting systems and report writing software (Monarch Print Utility) Enertia.

Education Requirements:
Bachelor’s Degree from an accredited four-year university or college or equivalent work experience. Preferred – Accounting degree.

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