Posted on: Aug 07, 2008 See all Jobs with RESOURCE

Position : Senior Accountant

Description :
The Senior Accountant is responsible for providing accounting support for the company's Tuscaloosa office, which includes assisting in the preparation of capital, operating and G&A budgets and monitoring expenditures, as well as performing variance analysis and monitoring expenditures as necessary. The Senior Accountant will also calculate and book monthly capital and O&M accruals, as well as book other correcting entries and journal entries as needed. Additionally, the Senior Accountant will maintain hierarchy and accounting allocations for specific areas. Furthermore, the Senior Accountant will assist and coordinate AFE set-up and trouble shoot including AFE interface to P2, report centers, DOI's and JVA set-ups; provide ad-hoc financial and operational reports as requested by Operations Management; perform timekeeping duties to ensure proper capture of company labor costs; assist in hosting of joint venture audits and aid in resolution of audit issues; allocate production volumes in support of Marketing and Revenue Accounting and research and resolve accounting issues as they arise. The Senior Accountant will communicate effectively with Operations and Land Departments and act as the accounting liaison. (This position can be filled as a Senior Accountant or Lead Accountant depending on level of skills and experience). Requirements To be considered the qualified candidate must have a Bachelor's degree in Accounting or related field with a minimum of 5 years oil and gas accounting experience. The selected individual must have a basic understanding of oil and gas lease operations and associated accounting issues and practices for both expenditures and production. An understanding of budget processes and budgeting tools is required. Additionally, the incumbent must have a detailed understanding of Joint Interest Accounting principles and theory; knowledge of COPAS Accounting Procedures and Joint Operating Agreements, Authorization for Expenditures (AFEs) and Tobin Land Systems. Furthermore, the applicant must have good analytical, presentation and communication skills and must be proficient in the use of Microsoft Excel, Access and Word. Candidates with knowledge of Oracle Energy Applications, including Oracle Discoverer, are preferred.

Company Name : RESOURCE