Senior Accounting Associate - Oil & Gas

Whitley Penn, one of the nation’s leading audit, tax, and advisory firms, is looking for a Senior Accounting Associate to join our team! The 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.

Whitley Penn has become one of the fastest growing public accounting firms by providing exceptional, personalized service that reaches far beyond traditional accounting. In addition to Audit and Tax solutions, we offer a wide range of Advisory and Consulting services.  We work in collaborative teams with an emphasis on an open-door policy, entrepreneurial thinking, and a well-built culture. At Whitley Penn, we learn, innovate, and achieve by sharing knowledge, embracing new ideas, and working together. We’re looking for professionals who think like owners and want to be part of shaping a high-growth firm.  

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 assignments using established firm policies and procedures, including supervising and training associates, and reviewing the work of associates
• Delegate and review cash entries and bank reconciliations
• Prepare mid-level journal entries (ARO, O&G properties depletion, other fixed assets depreciation, SWD, COPAS overhead, JIB variance, accruals, etc)
• Prepare and book operated revenue with minimal oversight
• Review and participate in monthly, quarterly, and yearly accounting cycles
• Monitor and manage full AP cycle including coding, posting of AP vouchers, coordination of check runs and completion of Positive Pay files if required
• Monitor accounts receivable and work with client team for collection of amounts due to client
• Monitor and ensure that all monthly transactions are accurately recorded
• Coordinate JIB, revenue, and other monthly accounting processes when applicable
• Prepare balance sheet account reconciliations with workpapers/schedules supporting financial statements
• Support audits by preparing required schedules per PBC list
• Address ad hoc requests as required, including requests from Tax Department
• Own end-to-end execution of assigned processes, ensuring adherence to deadlines
• Identify and resolve routine issues
• 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
• Participate in firm committees, departmental matters, learning experiences, etc. that increase your commitment and capability within the firm
• Join and participate in community or professional events and committees to develop relationships and networks in the community
• 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
• BS in Accounting or MS 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 p