Operations Controller

WaterBridge•Houston, TX

1d•Onsite

About The Position

You will be responsible for all daily and monthly activities of the LandBridge operational accounting team. You will be responsible for the accounting and reporting of all revenue streams as well as capital and operating expenditures to ensure accuracy of financial and operational reports and financial statements of multiple companies. You will support management and operations with analysis and financial information by partnering with field personnel to leverage this information and improve operational efficiencies and profitability. You will be responsible for ensuring processes and controls are in place in order to provide timely and accurate financial information. Additionally, you will assist with interim and annual processes including internal and external audits, joint venture audits, and public filings. The WaterBridge group of companies is a fast-paced and growing organization. Our business lines include produced water handling and recycling, land management and environmental solutions. Our employees provide essential services to unlock sustainable American energy production every day, and we are continually seeking dedicated individuals who thrive on both creativity and challenge to be a part of our team. We pride ourselves for our strong commitment to our employees and for creating a workplace where employees feel genuinely valued and connected. Join our entrepreneurial and innovative team today! WHO WE ARE At WaterBridge, we believe that our people make the difference! We are committed to provide our employees with personal development and growth opportunities. We've been leading the emergence and evolution of the midstream water sector since 2015, backed by our strong core values and operational excellence. WaterBridge owns and operates permanent, integrated water infrastructure networks to address the long term produces water management requirements of E&P companies. Our Mission: To make WaterBridge the standard bearer for the water midstream industry. Core Values: SAFETY Safety is important. We demand a personal commitment at all levels within the organization. Everyone has the right and responsibility to speak up and stop any unsafe work being performed. TEAMWORK + COLLABORATION We work with humility and courage to be a team player. We define success by contribution and not competition. We consider the impact we have on others before we act. INTEGRITY + TRUST We honor our commitments. We demonstrate a propensity to trust and act in the very best interest of all. We do not tolerate dishonesty or intimidation. AUTHENTIC COMMUNICATION We are honest and respectful. We genuinely listen to each other and encourage healthy debate. We do not spin the truth, have hidden agendas, or hide information. ACCOUNTABILITY FOR RESULTS We hold ourselves accountable and take responsibility for results, regardless of outcome. We learn from our mistakes, encourage feedback, and increase our capabilities. We do not overpromise or underdeliver. ENTREPRENEURIAL INNOVATION Everyone is a leader: we “think big” in everything we do and encourage new ideas. We strive for continuous improvement and encourage responsible risk taking. We do not play it safe due to complacency. WaterBridge is an Equal Opportunity Employer. At WaterBridge, we believe that our people make the difference! We are committed to provide our employees with personal development and growth opportunities. We've been leading the emergence and evolution of the midstream water sector since 2015, backed by our strong core values and operational excellence. WaterBridge owns and operates permanent, integrated water infrastructure networks to address the long term produces water management requirements of E&P companies.

Responsibilities

Responsible for the integrity, completeness, and accuracy of accounting information for all statistics, revenue, royalty, capital expenditures and operating expenditures
General understanding of revenue lease accounting under ASC 842 and revenue recognition under ASC 606 to ensure appropriate reporting of revenue
Ability to understand and summarize agreements for technical accounting personnel when needed to leverage accounting treatment expertise
Responsible for preparation and presentation of monthly analytics to broader accounting team as it relates to statistics, revenue, royalty, capital expenditures and operating expenditures
Support the process of providing quarterly MD&A analytics to external auditors as it relates to revenue, royalty, capital expenditures and operating expenditures
Support the process of updating the quarterly and annual Results of Operations in public filings as it relates to revenue, royalty, capital expenditures and operating expenditures
Review and approval of applicable monthly balance sheet reconciliations
Manage the daily and month end close activities of the LandBridge team
Ability to understand and manage deliverables related to various monthly, quarterly, and annual deadlines
Perform critical analysis, develop refined methodologies and improved accounting practices to ensure accuracy of accruals and month end results
Responsible for analyzing actual revenue and expenditures as inputs to Finance models for periodic budgeting and forecasting processes
Lead or participate in monthly or quarterly meetings with field personnel as it relates to field financial information, operational reporting and processes that impact financial data
Lead discussions with Operations and Finance to understand budget to actual variances as well as month over month variances
Responsible for identification and execution of opportunities to improve efficiency, processes, and controls
Prepare ad hoc reports and analysis as requested by various functional departments within the company (i.e., accounting, finance, operations, legal, etc.)
Ensure processes and controls (both corporate and field level) are appropriate and adhered to in order to provide assurance to management that financials are timely, accurate, complete, and reliable
Participate in monthly capital expenditure reviews with field operations to ensure accuracy of coding and improve future efficiency
Ensure accounting master data is designed appropriately and set up timely to enable operational reporting
Assist in acquisition or divestment due diligence activities including acquisition integration
Responsible for calculating oil and gas depletion and migrating reserves as needed
Be the cross-functional liaison between field operations and other functional support areas as needed
Work in office to manage team and deadlines as needed
Participate in hiring and training process for team
Provide support accounts payable team for coding as needed