Staff Accountant, Expense

Formentera Partners LP•Austin, TX
•Onsite

About The Position

Formentera Operations is seeking an experienced Staff Accountant in Expense to join our team. As a Staff Accountant, Expense, you play a critical role in ensuring the accuracy, integrity, and compliance of our oil and gas properties across multiple entities. This position involves maintaining various accounting activities, including several different operating expense accruals, workover accruals, ad valorem data collection and entries, advanced expense entries, and special projects. The Staff Accountant, Expense collaborates with internal stakeholders to support decision-making processes, drive operational efficiency, and maintain accurate operating expenditures. The ideal candidate will have a strong background in oil and gas accounting, exceptional attention to detail, and the ability to thrive in a fast-paced environment.

Requirements

  • Bachelor’s degree in accounting, finance or related field.
  • Minimum of 3 years’ experience in accounting with at least 1 year in the upstream oil and gas industry.

Nice To Haves

  • CPA certification a plus.

Responsibilities

  • Prepare accounting accrual entries monthly ensuring timely and accurate reporting.
  • Perform variance analysis and investigate discrepancies to identify trends, risks, and opportunities for improvement.
  • Prepare and analyze account reconciliations relevant to accrual entries
  • Collaborate with other departments to provide accounting information to support internal stakeholders in making business decisions.
  • Support external audits by providing documentation and explanations as needed to auditors.
  • Assist with special projects as needed.

Benefits

  • Competitive Base Salary
  • Annual Bonus Eligibility
  • 100% Employer covered health insurance premiums.
  • 401K with 4% employer match
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