Accounting Associate Oil and Gas at Discover Your Potential at Whitley Penn

Whitley Penn a leading CPA and Consulting firm is looking for an Associate to join our Energy team. The Associate is expected to demonstrate a basic knowledge of Generally Accepted Accounting Principles specifically related to Oil & Gas Accounting with the ability to appropriately apply them to conduct outsourced accounting functions and special projects under the supervision of various professionals. Assignments may include monitoring accounts pay able and receivable participating in monthly quarterly and yearly accounting cycles preparing monthly financial statements and conducting monthly revenue related tasks.How We Work:Whitley Penn has become one of the most distinguished and fastest growing public accounting firms by providing exceptional service that reaches far beyond traditional accounting. We believe in working in collaborative teams with an emphasis on an open-door policy and encouraging entrepreneurial thinking. We learn innovate and succeed by sharing knowledge embracing diversity and working together. We are all part of the same family and each person matters. We are more than just a job.How Will You Make an ImpactParticipate on client engagements where you will develop an understanding of the entire engagement process and gain real-world accounting and business knowledgeMonitor accounts payable and accounts receivablePrepare daily receipts monthly revenue intake sheets spreadsheets files and inter-company reportsMonitor and ensure that all monthly transactions are accurately recordedParticipate in monthly quarterly and yearly accounting cycles and prepare monthly financial statementsCoordinate JIB revenue and other monthly accounting processesPerform monthly revenue related tasks and analysis including monthly revenue close process and reconciliations related to deferred revenue accountsSupport external audit activitiesIdentify measure and analyze dataLearn to communicate and proactively work with clients to build trust-based relationships and gather information needed to conduct assignments in an organized and efficient wayLearn how engagement budgets connect to firm financial results and how to manage your personal billable hours to engagement budgetsDevelop knowledge of the firm including its professional capabilitiesParticipate in community organizations/events through volunteer and networking opportunitiesParticipate in professional development and training sessions throughout the yearParticipate in the firms annual performance management and goal setting processHow Will You Get Here1-2 years of experience in Oil & Gas accounting and analysis demonstrating a progression in complexity scope and number of engagement assignments.BA or Masters in accounting or financial management.CPA or CPA eligibility preferredBasic knowledge of Generally Accepted Accounting Principles and Generally Accepted Auditing Standards specifically related to Oil & Gas AccountingFamiliarity with ARO Depletion Impairment and other industry specific calculationsProficiency in Microsoft Office ExcelProficiency in WolfePak and/or Ogsys accounting softwareA positive attitudeA professional appearance and demeanorAn eagerness to learn and acquire new skills and knowledgeExcellent analytical and problem solving skillsA strong work ethic strong time management skills and the ability to meet deadlines in a fast-paced environment; responsible and self-motivatedOrganizational skills and ability to multi-taskStrong communication skills both orally and in writingAbility to work respectfully and productively with diverse individuals in a variety of rolesWhy Should You ApplyFirm Paid Medical Insurance(Free Employee Only Coverage on 2 of 3 plans)Voluntary Dental and Vision Insurance17 Annual Firm holidays with extended summer & winter breaks20 days PTO for Salaried EmployeesPaid Maternity and Parental Leave401(k) with Profit SharingDiscretionary Bonus ProgramFirm Paid Becker CPA Review Course & Reimbursement for Exam FeesHealth & Wellness ProgramPet InsuranceWhitley Penn is proud to be an equal opportunity workplace. We recruit employ train compensate and promote without regard to on age race creed gender color religion national origin sexual orientation gender identity veteran status disability or any other basis protected by applicable federal state or local law. Whitley Penn is a participant in E-Verify please follow the link to review disclosure notifications: All employment is decided on the basis of qualifications merit and business need.#LI-CB1Required Experience:IC Key Skills Engineering Support,Cost Estimates,Log Analysis,Petrel,BLM,Production Data,Productions operations,Petroleum Engineering,Engineering Analysis,Economic Analysis,Development Plans,Reservoir Characterization,Technical Support,Technical Reports Employment Type : Full-Time Experience: years Vacancy: 1