Bachelor's degree in Accounting; Master's preferred.
10+ years of experience in oil and gas accounting.
CPA designation strongly preferred.
Strong understanding of oil & gas accounting principles.
Proficient in Microsoft Excel and oil & gas accounting software.
Responsibilities
Lead and mentor the accounting team for optimal performance.
Review monthly client revenue and expenses for accuracy.
Analyze revenue and expenses, identifying discrepancies.
Provide expert guidance on oil and gas accounting issues.
Manage annual 1099 processing and property tax reporting.
Administer EnergyLink data and create CDEX formats.
Supervise onboarding of new clients for a smooth transition.
Ensure comprehensive accounting for all client portfolios.
Benefits
Opportunities for professional growth and development.
Access to proprietary best-in-class mineral management software.
Work in a collaborative and supportive team environment.
Potential for flexible working arrangements.
Full Job Description
Valor is the leader in mineral management, oil and gas accounting and oil and gas consulting. The company was built by multi-generational mineral owners and experienced mineral managers to bring peace of mind to mineral and royalty owners. Valor utilizes its proprietary best-in-class mineral management software, mineral.tech®, to efficiently and effectively manage minerals and royalties for our clients. Valor is headquartered in Fort Worth, Texas. We provide solutions for owners of oil and gas assets which include comprehensive land and mineral rights management solutions, oil and gas accounting, digital filing, division order processing, and other oil and gas related back-office solutions that can be tailored to your specific needs.
Thank you for your consideration in joining our team at Valor!
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Lead the accounting department, providing mentorship to ensure high performance and professional growth.
Oversee the meticulous review of monthly client revenue and expenses, guaranteeing accuracy and completeness.
Conduct in-depth analysis of revenue and expenses, identifying fluctuations, discrepancies, and ensuring precision in NRI & WI calculations, considering factors like new wells activation and missing checks.
Offer expert guidance on intricate oil & gas accounting matters, including taxation, deductions, joint interest billing, and related issues.
Manage the annual processing of 1099 forms and the reporting of property taxes.
Administer EnergyLink data and establish CDEX formats for streamlined data management.
Supervise the onboarding process for new clients, ensuring a seamless transition and adherence to best practices.
Develop and refine robust processes that guarantee accurate and comprehensive accounting and reporting for the entire client portfolio.
Prepare and validate various account reconciliations, encompassing revenue, royalties, expenses, JIB's, and receivables.
Lead the month-end closure and reconciliations, including managing bank accounts, statements, invoices, JIB's, and client-specific journal entries/general ledger.
Oversee the efficient processing and distribution of royalty revenue checks to clients as required.
Conduct a thorough review of charges associated with joint interest billing.
Skills
Strong understanding of oil & gas accounting principles and regulations.
Ability to meet established monthly close deadlines and clearly communicate unexpected issues.
Experience in managing client portfolios and can respond to inquiries in a professional and timely manner.
Excellent organization skills.
Communicate effectively with ownership, management, and accounting team members.
Maintain client confidence and protect operations by keeping information confidential.
Multi-task and transition seamlessly between clients.
Proficiency in Microsoft Excel and oil & gas accounting software.
Education and Experience Requirements
Bachelor's degree in Accounting, Master's degree preferred.
10+ years of experience in accounting and financial reporting in the oil and gas industry
CPA strongly preferred.
About APEX Analytix, Inc
APEX Analytix is a technology company that provides software and services to help businesses manage their financial operations. The company's products include software for accounts payable automation, fraud detection, and more. APEX Analytix was founded in 1988 and is headquartered in Raleigh, North Carolina.
