Accounting Associate - Energy Accounting & Consulting

Whitley Penn•University Park, TX

4d•Onsite

About The Position

Whitley Penn is seeking an Accounting Associate to join its Energy Accounting & Consulting team. The role 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 annual accounting cycles, preparing monthly financial statements, and completing monthly revenue-related work. Performance is evaluated based on work quality, accounting knowledge, and the ability to meet deadlines. The associate participates in client engagements to learn the engagement process and develop practical accounting and business knowledge. The role also involves client communication, data analysis, audit support, professional development, community participation, and involvement in the firm's performance management and goal-setting process. This is a full-time, exempt, fully in-office position in Dallas, with a general Monday–Friday schedule of eight hours per day between 8 a.m. and 5 p.m.; overtime may be needed.

Requirements

At least 1 year of experience in Oil & Gas accounting and analysis, with progression in the complexity, scope, and number of engagement assignments.
Bachelor's 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.
A 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 and time-management skills, with the 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 and develop an understanding of the engagement process and practical accounting and business knowledge.
Monitor accounts payable and accounts receivable.
Prepare daily receipts, monthly revenue intake sheets, spreadsheet files, and inter-company reports.
Monitor transactions and ensure they are accurately recorded each month.
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 and reconciliations for deferred revenue accounts.
Support external audit activities.
Identify, measure, and analyze data.
Communicate and work proactively with clients to build trust-based relationships and gather information needed for assignments.
Learn how engagement budgets connect to firm financial results and manage personal billable hours against 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 PTO.
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.