Accounting Associate - Energy Accounting & Consulting

Whitley Penn•University Park, TX

2d•Onsite

About The Position

Whitley Penn is hiring an Accounting Associate for its Energy Accounting & Consulting (Energy-AC) team. The associate applies basic knowledge of Generally Accepted Accounting Principles, particularly Oil & Gas Accounting, to outsourced accounting functions and special projects under the supervision of various professionals. Assignments include monitoring accounts payable and receivable, participating in monthly, quarterly, and yearly accounting cycles, preparing monthly financial statements, and performing monthly revenue-related tasks. Performance is evaluated on work quality, application of accounting knowledge, and ability to meet deadlines. This is a full-time, exempt, fully in-office position in Dallas. The general schedule is Monday through Friday, eight hours per day between 8 a.m. and 5 p.m., with overtime as needed. The role includes client engagement work, professional development, and participation in community and firm activities.

Requirements

At least 1 year of Oil & Gas accounting and analysis experience, with progression in the complexity, scope, and number of engagement assignments.
BA or master’s degree in accounting or financial management.
Basic knowledge of Generally Accepted Accounting Principles and Generally Accepted Auditing Standards, specifically related to Oil & Gas Accounting.
Familiarity with ARO, depletion, impairment, and other industry-specific calculations.
Proficiency in Microsoft Office Excel.
Positive attitude, professional appearance and demeanor, and eagerness to learn and acquire new skills and knowledge.
Excellent analytical and problem-solving skills.
Strong work ethic, time-management skills, and ability to meet deadlines in a fast-paced environment; responsible and self-motivated.
Organizational skills and ability to multitask.
Strong oral and written communication skills.
Ability to work respectfully and productively with diverse individuals in a variety of roles.

Nice To Haves

CPA or CPA eligibility.
Proficiency in WolfePak and/or Ogsys accounting software.

Responsibilities

Participate in client engagements to develop an understanding of the engagement process and gain accounting and business knowledge.
Monitor accounts payable and accounts receivable.
Prepare daily receipts, monthly revenue intake sheets, spreadsheet files, and inter-company reports.
Monitor and ensure that monthly transactions are accurately recorded.
Participate in monthly, quarterly, and yearly accounting cycles and prepare monthly financial statements.
Coordinate JIB, revenue, and other monthly accounting processes.
Perform monthly revenue-related tasks and analysis, including the monthly revenue close process and reconciliations related to deferred revenue accounts.
Support external audit activities.
Identify, measure, and analyze data.
Work proactively with clients to build trust-based relationships and gather information for assignments in an organized and efficient manner.
Learn how engagement budgets connect to firm financial results and manage personal billable hours to engagement budgets.
Develop knowledge of the firm and its professional capabilities.
Participate in community organizations and events through volunteer and networking opportunities.
Participate in professional development and training sessions throughout the year.
Participate in the firm’s annual performance management and goal-setting process.

Benefits

Firm-paid medical insurance, including free employee-only coverage on two of three plans.
Voluntary dental and vision insurance.
17 annual firm holidays, with extended breaks around July 4th and year end.
20 days of paid time off.
Paid maternity and parental leave.
401(k) with profit sharing.
Discretionary bonus program.
Firm-paid Becker CPA review course and reimbursement for exam fees.
Health and wellness program.
Pet insurance.