Assistant Controller - Financial Reporting & General Accounting, Upstream

Caturus Management Services•Houston, TX

23d

About The Position

Caturus Energy is seeking an experienced Assistant Controller, Financial Reporting & General Accounting – Upstream. Reporting to the Controller, Upstream, this individual oversees the timely preparation, review, and analysis of internal monthly financial statements and external quarterly and annual financial statements and MD&A. The position also oversees Upstream reserves and property accounting, including reserve-report review, DD&A calculations, proved-property transfers, and impairment analyses. The role owns Upstream accounting research and financial statements and coordinates with the shared services financial reporting team to support preparation of Caturus LLC’s consolidated financial statements. It includes direct management of Upstream financial reporting and general accounting staff, oversight of audits and quarterly reviews, and collaboration with operational and corporate teams. The position ensures reporting complies with applicable requirements, GAAP, internal controls, accounting policies, and industry-specific standards.

Requirements

Bachelor’s degree in Accounting required.
15+ years of experience, including 8+ years in the upstream oil and gas industry.
Financial reporting expertise.
Extensive knowledge of specialized technical accounting applicable to upstream oil and gas companies.
Proficiency in technical accounting pronouncements, research, and analysis, including revenue recognition, lease accounting, and business combinations.
Proven leadership abilities managing and mentoring a team.
Strong oral and written communication skills to interface effectively with management and auditors, including ability to prepare quarterly accounting and reporting communications for the Upstream business unit to the Caturus LLC Audit Committee.
Ability to prioritize tasks to meet business needs.
Advanced Microsoft Excel skills and general proficiency in Word and Outlook.
Highly organized and proactive.
Ability to collaborate and expand knowledge base.
Ability to perform under pressure and adjust to frequently changing needs and requirements.

Nice To Haves

CPA, CMA, or MBA strongly preferred.
A mix of public accounting and oil and gas industry experience is strongly preferred.

Responsibilities

Oversee preparation of periodic external financial statements, footnotes, MD&A, internal management reports, and ad hoc reports for the Upstream business unit.
Directly manage the Upstream financial reporting and general accounting staff.
Oversee quarterly reviews and annual audits, coordinating with external auditors and ensuring timely delivery of accurate audit schedules (PBCs).
Research and prepare technical accounting memoranda for complex Upstream accounting matters and transactions.
Review annual and interim reserve reports, including reserve volume revisions, additions, key assumptions, supplemental oil and gas disclosures, and standardized measure (SMOG).
Review quarterly DD&A calculations and impairment analyses.
Evaluate and approve transfers of costs from unproved to proved properties, asset retirement obligations, and depletion.
Collaborate with operations, land, marketing, and engineering teams to support accurate financial reporting.
Ensure monthly, quarterly, and annual financial statement deadlines are met and reporting requirements, including debt covenant compliance, are satisfied.
Assist management with due diligence for potential acquisitions and other transactions, including review of settlement statements.
Ensure compliance with GAAP, internal controls, accounting policies, and industry-specific accounting standards.
Complete special accounting and analytics projects assigned by management.
Coordinate with the shared services financial reporting team in support of drafting Caturus LLC consolidated financial statements.