Property Accountant
Talos Energy • Houston, TX2d • Onsite
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Property Accountant
Talos Energy•Houston, TX
•Onsite
About The Position
The Property Accountant is responsible for executing key operational and financial accounting activities within Talos Energy's policies, procedures, and control framework. This role serves as a critical link between Operations, Land, and Accounting to ensure accurate accounting of operated and non-operated offshore properties, including cost tracking, accruals, and financial close.
Requirements
- 2+ years of property accounting experience at an upstream oil and gas company
- Bachelor’s degree in Accounting or Finance
- Possess strong analytical skills
- Able to perform detailed work with speed and accuracy
- Able to organize and prioritize a dynamic workload involving detailed processes and time-sensitive priorities
- Understanding of upstream accounting principles, including AFE accounting, accrual processes, and operational cost tracking
- Communicates effectively, both orally in person and using a telephone and in writing
- Demonstrates integrity and sound judgement in handling ethical matters
- Self-motivated and detail-oriented
- Proficient in Microsoft Office
Nice To Haves
- experience in BOLO accounting system preferred
Responsibilities
- Track and reconcile tangible equipment, including material transfers, yard balances, and valuation accuracy
- Support cash management processes, including AFE cash calls, partner billing, and related reporting
- Assist with the calculation of Asset Retirement Obligation (ARO), including the calculation of accretion expense and application of decommissioning costs
- Support monthly and quarterly close processes to ensure deadlines and reporting requirements are met
- Preparing journal entries and maintaining multiple account reconciliations
- Maintain compliance with SOX and internal control requirements, including documentation and testing support
- Collaborate with Operations, Land, and Procurement/Supply Chain to ensure accurate cost classification, accruals, and asset tracking
- Identify and assist implementation of process improvements to enhance efficiency and accuracy of property accounting processes
- Support joint interest accounting processes, including cost allocations and partner billings as necessary
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Job Search Resources
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