Assistant Controller - Financial Reporting & General Accounting, Upstream
About The Position
Caturus Energy is seeking an experienced Assistant Controller, Financial Reporting & General Accounting – Upstream. Reporting to the Controller, Upstream, this role oversees the timely preparation, review, and analysis of internal monthly financial statements and external quarterly and annual financial statements and MD&A. It also oversees Upstream reserves and property accounting, including reserve report reviews, DD&A calculations, proved property transfers, and impairment analyses. The position owns Upstream accounting research and financial statements and coordinates with the shared services financial reporting team on drafting Caturus LLC’s consolidated financial statements. It manages Upstream financial reporting and general accounting staff and works with internal teams and external auditors to support accurate, compliant reporting.
Requirements
- Bachelor’s degree in Accounting.
- 15 or more years of experience, including at least 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 accounting technical pronouncements, research, and analysis, including revenue recognition, lease accounting, and business combinations.
- Proven leadership ability, including managing and mentoring a team.
- Strong oral and written communication skills to interface with management and auditors, including the 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.
- Willingness to collaborate and expand knowledge.
- Ability to perform under pressure and adjust to frequently changing needs and requirements.
Nice To Haves
- CPA, CMA, or MBA.
- A combination of public accounting and oil and gas industry experience.
Responsibilities
- Oversee preparation of periodic external financial statements, footnotes, and 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 memos 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 ensure accurate financial reporting.
- Meet monthly, quarterly, and annual reporting deadlines and ensure compliance with reporting requirements, including debt covenants.
- 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.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
