Whitley Penn

Senior Accounting Associate - Oil & Gas

Whitley Penn$75K — $95K *
Energy & Utilities
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of energy accounting experience, showing increasing responsibility.
  • Knowledge of Oil & Gas accounting, specifically upstream/E&P.
  • BA or Master's degree in accounting or financial management.
  • CPA or CPA eligibility preferred.
  • Proficient in accounting technology and specific software like OGsql, Wolfepak, or Quorum.
  • Strong understanding of GAAP as it applies to Oil & Gas.
  • Excellent analytical and problem-solving skills.

Responsibilities

  • Plan and execute client engagements and special assignments.
  • Review and prepare financial documents including receipts and intercompany reports.
  • Oversee monthly accounting cycles and financial statement preparation.
  • Manage accounts payable and receivable functions.
  • Ensure accurate recording of all monthly transactions.
  • Build and maintain trust-based relationships with client personnel.
  • Support training and development of firm staff in accounting practices.

Benefits

  • Free employee-only medical insurance on select plans.
  • Voluntary dental and vision insurance options.
  • 17 firm holidays with extended breaks for July 4th and year-end.
  • 20 days of paid time off.
  • Paid maternity and parental leave for employees.
  • 401(k) plan with profit-sharing opportunities.
  • Discretionary bonuses based on firm performance.
  • Company-paid CPA review courses and exam fee reimbursements.
  • Health and wellness program offerings.
Full Job Description
Senior Accounting Associate is responsible for managing, preparing, and reviewing accounting engagements for clients. Seniors must exhibit strong bookkeeping skills and proficiency in O&G accounting systems. Seniors are responsible for planning and executing engagements and special assignments, supervising, and training associates, reviewing the work of associates, and communicating with clients. Seniors are responsible for compliance with all professional and regulatory standards.

Position Details:
  • Classification: Full-time; Exempt
  • Department: CAAS - Energy Accounting & Consulting
  • Location: Houston
  • Office Expectations: Hybrid; (In-office: Monday, Tuesday, Thursday) Remote 2 days

What You Will Do
  • Assume full responsibility for planning and executing client engagements and assignments using established firm policies and procedures, including supervising and training associates, reviewing the work of associates, and communication with clients
  • Review and prepare daily receipts, monthly revenue intake sheets, spreadsheets files and intercompany reports
  • Review and participate in monthly, quarterly, and yearly accounting cycles and prepare financial statements
  • Monitor accounts payable and accounts receivable
  • Monitor and ensure that all monthly transactions are accurately recorded
  • Coordinate JIB, revenue, and other monthly accounting processes when applicable
  • Participate in firm committees, departmental matters, learning experiences, etc. that increase your commitment and capability within the firm
  • Maintain effective contact with client personnel at the appropriate levels; interact with clients in a professional and competent manner; build trust-based relationships with clients
  • Proactively work with client's management to gather necessary information and complete engagement procedures in a timely manner
  • Join and participate in community or professional events and committees to develop relationships and networks in the community
  • Support the training of staff members; delegate assignments and tasks clearly and provide needed guidance and information
  • Assist in developing training materials and serve as an instructor in technical and professional development programs
  • Teach, coach and integrate staff on the firm's engagement approach and process
  • Prepare staff evaluation reports
  • Participate in technical and professional training throughout the year
  • Participate in the firm's annual performance management and goal setting process

What You Need to Get Here
  • 3-5 years of experience in Energy accounting and analysis, demonstrating a progression in complexity, and scope.
  • Oil & Gas Accounting Knowledge specifically Upstream/E&P experience required
  • BA or Master's in accounting or financial management
  • CPA or CPA eligibility preferred
  • Proficiency in the use of technology and accounting programs
  • Familiar with "Generally Accepted Accounting Principles (GAAP) specifically as they relate to Oil & Gas Accounting
  • Familiarity with ARO, Depletion, Impairment, and other industry-specific calculations
  • Proficiency in Microsoft Office Excel
  • Proficiency in O&G Accounting Software preferred (OGsql, Wolfepak, Quorum On-Demand Accounting)
  • A positive attitude, professional appearance, and demeanor
  • Ability to research and apply theory and experience to individual circumstances
  • Strong organizational and time management skills; ability to plan and execute multiple engagements and projects simultaneously
  • Excellent analytical skills and problem-solving ability; exhibits creativity by expressing new ideas and "thinking outside the box"; solution-minded
  • Excellent communication skills, both orally and in writing; actively listens and clearly communicates ideas and information
  • Strong relationship-building capabilities; ability to work respectfully and productively with diverse individuals in a variety of roles

Why Whitley Penn

Our total rewards are incredibly competitive. We work hard and recharge so that we can be our best selves for our clients. Explore some of our benefits below:
  • Firm Paid Medical Insurance (Free Employee Only Coverage on 2 of 3 plans)
  • Voluntary Dental and Vision Insurance
  • 17 Annual Firm holidays, with extended breaks around July 4th and year end
  • 20 days PTO
  • Paid Maternity and Parental Leave
  • 401(k) with Profit Sharing
  • Discretionary Bonus Program
  • Firm Paid Becker CPA Review Course & Reimbursement for Exam Fees
  • Health & Wellness Program

Pet Insurance

About Whitley Penn

Whitley Penn is a full-service accounting firm headquartered in Dallas, Texas. The company was founded in 1983 and has since grown to include over 600 employees across multiple offices in Texas and Oklahoma. Whitley Penn provides a wide range of services, including audit and assurance, tax planning and preparation, business consulting, and wealth management. The company serves clients in a variety of industries, including healthcare, real estate, and energy. Whitley Penn is committed to providing exceptional service and building long-term relationships with its clients.
Learn more about Whitley Penn
Size
600 employees
Industry
Net Income
$10 million
Founded
1983
5 Year Trend
+10%
Revenue
$100 million

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