COPAS - Colorado

COUNCIL OF PETROLEUM ACCOUNTANTS SOCIETIES

Employment Opportunities

COPAS-Colorado Members may post available positions free for a period of 30 days. Postings should be brief (one page maximum) and include the following: position title, basic description of position, position requirements. representative contact name, company name, and telephone number.

All job descriptions MUST include the name of the company that is hiring.

Please e-mail the pertinent info to Don Clark at doclark@sm-energy.com


E&P Accounting Manager at SRC Energy

Job Summary

This position will assist the financial reporting department with internal and external reporting and corporate accounting functions. The ideal candidate will be a self-starter capable of working independently with good decision-making skills. Must be knowledgeable in various aspects of oil and gas accounting and capable of interacting with internal and external partners.

Essential Duties/Responsibilities

  • Assist in the preparation of monthly financial schedules, reports, and analysis used in our monthly operating reviews, and quarterly and annual SEC filings
  • Manage the recording and accounting of derivative positions (including gains and losses)
  • Review capex accrual (operated and non-operated wells) - interacting with Operations and Management to accurately calculate monthly capital accruals
  • Monthly variance analysis for capital and LOE accounts
  • Prepare and distribute various reports to operations group
  • Assist with DD&A and Impairment of proved property
  • Prepare and analyze monthly production schedules
  • Prepare reconciliations and variance analysis for property activities
  • Manage the recording and accounting of asset retirement obligations
  • Assist with unproved activity including expirations, transfers and impairments
  • Work closely with reservoir engineers to prepare the quarterly and annual SEC reserve report.
  • Review the SEC annual reserves disclosures, including the calculation of the Standardized Measure of Oil and Gas (SMOG).

Required Skills/Qualifications

  • B.S. Accounting degree or equivalent education/experience required
  • CPA preferred
  • 7-10 years oil and gas and/or public accounting experience
  • Experience with Bolo preferred
  • Accurate and detail oriented
  • Meets or beats deadlines; has a sense of urgency for priority issues
  • Proficient in MS Excel and MS Word
  • Proven ability to build and maintain positive and effective relationships across teams and various levels in the organization-both the corporate and field offices.

Please apply through SRC’s Career page. Thank you for your interest!


Sr. Financial Reporting Accountant at SRC Energy

Job Summary

Assists in the organization and preparation of the Company’s SEC financial reporting process and technical accounting research. Solicits required information and data from other internal departments. Ensures effective internal control environment. Delivers aspects of internal and external reporting during monthly, quarterly and annual reporting cycles. Collaborates with financial reporting team and other functional departments to ensure financial reporting and technical accounting objectives are achieved.

Essential Duties/Responsibilities

  • Assist in the preparation of monthly financial schedules, reports, and analysis used in our monthly operating reviews, and quarterly and annual financial statements
  • Assist with implementation and adoption of new accounting standards
  • Assist with assessment of technical accounting matters
  • Assist with DD&A and Impairment of proved property
  • Assist with unproved activity including expirations, transfers and impairments
  • Manage the recording and accounting of derivative positions (including gains and losses) and continuous compliance with Dodd Frank.
  • Assist in preparing Forms 10-Q’s, 10-K’s and other SEC filing requirements
  • Assist in aspects of monthly close, including preparing journal entries, account reconciliations, and advanced account analytics, including, but not limited to, debt, equity, G&A, and other complex accounting matters
  • Work with internal and external auditors to provide support for audited financial statements and assist in implementation, maintenance and adherence to internal controls under SOX 404.
  • Assist in the external and internal audit process by preparing schedules, performing analytics and coordinating with third party consultants

Required Skills/Qualifications

  • B.S. Accounting degree or equivalent education/experience required
  • CPA required
  • 4-6 years oil and gas, financial accounting, and/or public accounting experience
  • Experience with Bolo and Workiva preferred
  • Accurate and detail oriented
  • Meets or beats deadlines; has a sense of urgency for priority issues
  • Proficient in MS Excel and MS Word
  • Proven ability to build and maintain positive and effective relationships across teams and various levels in the organization-both the corporate and field offices.

Please apply through SRC’s Career page. Thank you for your interest!


Operations Accountant at MarkWest Energy (Denver, CO)

POSITION SUMMARY:
The Operations Accountant will be responsible for settling one or more plant or gathering assets and/or assisting other accountants with their assets in a timely and accurate manner and in accordance with company policies using the various accounting systems.

ESSENTIAL DUTIES/RESPONSIBILITIES:
• Obtains information from internal and external sources to record accounting transactions in the accounting systems and general ledger.
• Ensures transactions are recorded, documented, reviewed and supported in accordance with company policies and controls.
• Responsible for accuracy and timeliness of transactions in the systems and general ledger accounts. Applies analytical review to system results to ensure transactions are properly recorded in the accounting systems.
• Prepare monthly estimates & actualization for the specific assets.
• Analyzes account balances and margin account activity at month end and prepares properly supported account reconciliations, margin analysis, and SOX documentation.
• Provide monthly variance analysis on assets for management reporting purposes.

• Answers and resolves internal and external customer inquiries, including audit inquiries from external auditors, Internal Auditing, and producer auditors.
• Provides expertise to others in the MarkWest community for your specific system.
• Files applicable regulatory reports as required by state and federal governmental agencies.
• Strive to understand the full-range of the applicable operational accounting systems (e.g. Quorum Suite and/or Right Angle) functionality, the specific assets for which the accountant is responsible and the midstream business.
• Supports projects as needed and assists other accountants as requested by management.
• Provide support to senior accountants and/or accounting supervisors.
• Maintains desk procedures to document the mechanics of booking the assets.
• Occasional (1-2 annual) travel to field location.

DEPARTMENTAL CORE COMPETENCIES:
Employees in this position will be required to demonstrate the following job-related competencies in performance of the role:
• Customer Focus
• Professionalism
• Adaptability
• Results Oriented
• Self-Development

SUPERVISORY DUTIES:
None

JOB QUALIFICATIONS:
• Bachelor’s degree in accounting, business or finance preferred.
• One to three years of work experience as a degreed professional preferred.
• One to three years of oil and gas industry experience preferred.
• Basic understanding of generally accepted accounting principles (GAAP).
• Ability to work in a challenging and fast-paced environment.
• Highly motivated and team-oriented individual.
• Detail-oriented and strong analytical skills.
• Proficient in use of Excel and Word and have the aptitude to effectively learn company-specific accounting systems.
• Excellent organization skills.
• Flexible to work overtime during peak periods.

PLEASE CLICK ON THE LINK BELOW TO APPLY:

https://career8.successfactors.com/sfcareer/jobreqcareer?jobId=52661&company=MPC&username


E&P Accounting Supervisor at EOG Resources (Denver, CO)

Job Description
The Accounting Supervisor position will be responsible for preparing and/or supervising team members focused on capital project accounting for drilling, completions, production, and mid-stream activities within the oil and gas industry. Will work closely with AP, Production, Materials, in addition to the Technical and Operations groups in Denver and field offices. Contribute to the preparation and analysis of monthly financial statements, provide analysis and monitor various operations statistics/information, provide AFE analysis and assist with capital forecasting/tracking. This position will entail developing a well-rounded knowledge of the Company's operations, cost accounting processes and systems, and COPAS accounting guidelines with particular emphasis on joint interest billing, shared facility/capital allocations, overhead calculation, and cost allocation requirements. Additionally, this position will be the lead on special financial related projects, providing financial and operational information/updates to Denver management to enable leadership to make informed decisions related to business goals and objectives.

Job Requirements
Bachelor's degree in Accounting or Finance with a minimum of 18+ accounting credits, a minimum of 8+ years of related work experience, and 2+ years in a supervisory role is a plus. Oil and gas accounting experience is required, in addition to knowledge of COPAS accounting guidance. Good work ethic and detail orientation, with strong working knowledge and ability to apply generally accepted accounting principles to business goals and objectives. Computer proficiency, especially in Microsoft Excel and Word. Sound analytical ability. Strong written and verbal communication skills and ability to communicate data logically, accurately and concisely. Able to work effectively with others in a strong, team-oriented environment. Position will be filled at a level commensurate with experience.

EOG Resources is an Equal Opportunity/Affirmative Action Employer including Vets and Disabled

Please apply online at http://careers.eogresources.com/jobdetails.asp?job_number=7453&job_type=3¤t_page=1


Accounts Payable Analyst at SRC Energy

Job Summary

Will be primarily responsible for the processing of all well cost invoices. Researches any vendor issues in a timely fashion. Works under direct supervision of Expenditures Manager. The position will be based out of SRC's Greeley office.

Essential Duties/Responsibilities

  • Code well cost invoices through Open Invoice
  • Work together with account directors and heads of departments to obtain consent on appropriate expenses
  • Work as a connection between branch and corporate accounts units
  • Guarantee supplier accounts are handled precisely and ensure accurate and complete information
  • Obtain and validate invoices for suitable authorization and documentation approval
  • Establish and maintain accurate supplier profiles
  • Ensure good working relationship with suppliers
  • Research supplier statements, requesting copies of outstanding invoices
  • Respond to supplier invoice questions; generate invoice copies and corrections as needed

Required Skills/Qualifications

  • High School Diploma (or equivalent) required
  • Experience with AP batch processing; Open Invoice/BOLO is a plus
  • Oil & Gas well coding experience required
  • Accurate with numbers and spelling
  • Excellent communication skills
  • Ability to handle high volume invoicing
  • Meets or beats deadlines; has a sense of urgency for priority issues
  • Excellent ten key
  • Basic experience with MS Excel and MS Word
  • High attention to detail

Please apply through SRC’s Career page. Thank you for your interest!



Revenue Accountant - Centennial Resource Development, Inc.

Centennial Resource Development, Inc. (“CRD”) (NASDAQ: CDEV) is currently seeking a Revenue Accountant. Reporting to the Asst. Controller, the Revenue Accountant will have general revenue accounting duties as well as responsibilities including regulatory reporting functions such as state severance tax and federal royalty reporting. The ideal candidate will have strong accounting skills, an understanding of the unique requirements pertaining to oil and gas in the state of Texas, and previous experience with Quorum accounting software.

General responsibilities include:

  • Revenue and production data entry into Quorum accounting software
  • Process, allocate, and account for production of oil, gas, and NGLs
  • Invoice and distribute revenue concerning salt water disposal wells
  • Analyze purchaser statements, prepare revenue and allocation spreadsheets, and ensure proper accounting concerning taxes, deductions and allowable exemptions
  • Run the revenue distribution process to distribute payments and statement details to owners
  • Prepare, file, and amend for any adjustments in relations to tax and royalty reports as required by state and federal agencies
  • Prepare accounting entries related to revenue monthly processing and close activities
  • Prepare account reconciliations for revenue, royalty and tax accounts
  • Provide support for special projects and perform other duties as assigned

Knowledge and Skills include:

  • Strong organizational and analytical skills
  • Perform responsibilities effectively and efficiently
  • Superior ability to prioritize activities and meet all deadlines
  • Strong written and verbal communication skills
  • Must possess a strong work ethic and demonstrate a positive/flexible attitude in a fast-paced work environment

Experience:

  • Bachelor’s degree in Accounting, Finance, Business or equivalent experience
  • Minimum of 1-2 years of experience in oil and gas revenue accounting including state severance tax and federal royalty reporting
  • Quorum accounting software experience, preferred but not required
  • Microsoft Office proficiency required (Excel and Word)

Contact: Katie Murray at (720) 499-1434 or Katie.Murray@cdevinc.com


JIB Accountant - Centennial Resource Development, Inc.

Centennial Resource Development, Inc. (“CRD”) (NASDAQ: CDEV) is currently seeking an entry- level JIB Accountant. Reporting to the MGR, the JIB Accountant will have general JIB accounting duties such as recording non-operated JIBs and preparing monthly billing entries. The ideal candidate will have some accounting skills, a basic understanding of the oil and gas industry, and strong Microsoft Excel skills.

General responsibilities include:

  • Record and process monthly non-operated JIB statements
  • Prepare monthly JIB accounting entries
  • Perform any special reclasses, as needed
  • Pull audit support, as needed
  • Prepare account reconciliations for JIB accounts, as needed
  • Provide support for special projects and perform other duties as assigned

Knowledge and Skills include:

  • Strong organizational and analytical skills
  • Perform responsibilities effectively and efficiently
  • Ability to prioritize activities and meet all deadlines
  • Strong written and verbal communication skills
  • Must possess a strong work ethic and demonstrate a positive/flexible attitude in a fast- paced, team work environment
  • Willingness to do what it takes to meet monthly deadlines

Experience:

  • Bachelor’s degree in Accounting, Finance, Business or equivalent experience is preferred but not required
  • Minimum of 1 year of experience in oil and gas experience, preferably in JIB accounting
  • Quorum accounting software experience, preferred but not required
  • EnergyLink experience, preferred but not required
  • Microsoft Office proficiency required (Excel and Word)
Contact: Katie Murray at (720) 499-1434 or Katie.Murray@cdevinc.com

Oil and Gas Tax Accountant - Extex

SUMMARY:

This position is primarily responsible for preparing and filing Severance and Ad Valorum tax returns and working with the title group and the revenue distribution group to ensure that all the records in the revenue distribution system reflects the correct tax withheld on each property. The tax accountant will work with ExTex customers and their operators to obtain and validate tax information by property to ensure accurate tax reporting and to facilitate correct payments to the appropriate taxing authority. The tax accountant will work with various taxing authorities to research and resolve any issues that are communicated to ExTex as they are identified. In addition, the tax accountant will identify and implement procedures to streamline and improve accuracy of tax withholding and reporting.

This includes general ledger reconciliations of various balance sheet tax accounts to ensure that prior period transactions are filed with the various taxing authorities in a timely manner. Monthly reconciliations of the balance sheet withholding accounts will also be completed to ensure that payments are properly clearing out the tax payable liability accounts. This position is also responsible for researching various state and federal tax requirements as the need arises by performing the following duties personally or through subordinates.

SUPERVISORY RESPONSIBILITIES:

This job has no supervisory duties.

COMPETENCIES:

To perform job successfully, an individual should demonstrate the following competencies:

EDUCATION AND EXPERIENCE:

College degree with 5 years related experience and or training.

COMPUTER SKILLS:

To perform this job successfully, an individual should have knowledge of Accounting software; Spreadsheet software and Word Processing software.

Salary commensurate with experience. We offer a competitive package of PTO, Medical, Dental and 401k benefits.

Contact: Chris Pennels (303) 463-8799, x-1003


Consulting General Ledger Accountant - Oil and Gas - EKS&H

EKS&H is a nationally recognized professional services firm providing audit, tax, technology, wealth advisory, and business consulting services to public and private clients locally, nationally, and internationally. Our commitment to client service has resulted in sustained growth since we began in 1978. Working collaboratively, the best measure of our success is the success of our clients.

As the fifth largest firm headquartered in the western U.S., we have approximately 700 employees, including more than 70 partners, in offices in Denver, Boulder, Fort Collins, and San Francisco. Currently, we have more than 150 consulting professionals and the largest number of CPAs of any firm based in the Rocky Mountain region. We were ranked the 41st largest U.S. firm in 2018 by Accounting Today and have been named a “Best Place to Work” by the Denver Business Journal, the Great Place to Work® Institute, and FORTUNE Magazine. To learn more, please visit us at www.eksh.com.

EKS&H has achieved exceptional growth and continues to find strategic ways to serve more clients in their business endeavors. We have a culture that fosters creativity and collaboration, rewards individuals that bring value to our clients, and we continually strive for an environment that supports healthy work-life integration. The consulting Energy Accounting Solutions group provides outsourced accounting to the upstream oil and gas industry. We are currently seeking a general ledger professional for our Energy Accounting Solutions group at our Denver Tech Center office.

Responsibilities of General Ledger Oil and Gas Accounting professionals:

  • Provide accounting assistance (i.e., general ledger transaction recording).
  • Maintain month-end schedules and reconciliations; ensure the accuracy and check the content of each account for multiple clients.
  • Interact with various departments to gather information and ask questions during the accounting cycle.
  • Assist in producing monthly financial statements for multiple clients.
  • Meet monthly/quarterly/yearly deadlines.
  • Respond, interact, and prepare schedules during clients’ audits.
  • Respond, interact, and prepare schedules for clients’ tax accountants.
  • Recognize and solve problems and provide recommendations for improvements.
  • Recognize when assistance is needed and ask for help from peers and managers.

Requirements:

  • BS or BA in accounting, finance, or related area
  • Master’s degree a plus but not required
  • Oil and Gas industry experience strongly preferred
  • BOLO and/or Oil and Gas accounting software knowledge strongly preferred
  • Three to five years of relevant experience
  • Ability to work well with others
  • Excellent written and oral communication skills
  • Ability to develop and maintain client relationships
  • Strong work ethic

Please apply on our website by following this link

https://www.eksh.com/careers/experienced-hiring?gh_jid=938212

Contact; EKS&H HR Senior Leslie Syniec lsyniec@eksh.com (303) 224-4647


Revenue Accountant at Discovery Natural Resources

OVERVIEW

Prepare revenue accrual and cash entries for operated and non-operated wells based on production allocations and purchaser contract prices. Apply revenue deductions based on contracts for gathering, compression, transportation, and other post production costs, and apply appropriate production taxes. Review division of interest changes and process owner suspense reallocations received from Land Department. Monitor gas balancing, pipeline imbalances, and prepare related entries. Prepare and file monthly state production tax returns.

ESSENTIAL JOB FUNCTIONS

  • Accurately record volumes, dollars, deductions and taxes by product
  • Review contracts for correct product prices, revenue deductions/rates, production tax rates
  • Record all revenue related activity into the Bolo accounting system
  • Process owner suspense reallocations received from Land Department
  • Prepare miscellaneous monthly revenue journal vouchers
  • Disburse internal and external owner share of sales net of deductions and taxes
  • Assist with monthly revenue close process
  • Prepare monthly revenue accrual, compare to actual, analyze/explain significant differences
  • Monthly reconciliation of oil and gas general ledger accounts
  • Perform monthly volume & value trend analysis and provide explanation for exceptions
  • Prepare and file monthly tax reports
  • Ensure timely payment of all taxes and royalty
  • Ensure timely governmental filings and reporting
  • Verify that all tax incentives have been applied for and are being used
  • Coordinate severance tax audits
  • Coordinate other revenue audits as necessary
  • Provide information and records as requested to external auditors
  • Review contracts and coordinate resolving any issues with Marketing
  • Maintain Contract Summary with printed copies and digital references to all contracts
  • Review governmental regulations to ensure compliance
  • Provide accurate reports and analyses
  • Reconcile gas imbalances and cashouts
  • Perform special projects as required
  • Interface with other departments in preparation of various reports and analysis
  • Perform research and formulate recommendations as appropriate
  • Understand overall areas of responsibility and recommend changes to procedures and processes as appropriate

REQUIREMENTS

  • 5 + years experience in oil and gas revenue accounting
  • Bachelor’s Degree in Accounting or equivalent combination of education and experience
  • Computer skills
  • Advanced Microsoft Excel spreadsheet skills
  • Experience with Microsoft Word
  • Bolo accounting software highly desirable
  • Excellent fundamental accounting skills
  • Ability to manage multiple tasks and meet tight deadlines
  • Demonstrate initiative and possess strong analytical skills
  • Ability to interact and communicate effectively with others in a team environment
  • Clear and concise verbal and writing ability
  • Strong problem solving skills
Please send questions or resumes to:

Jenny Trautman
Human Resources Generalist
Telephone: 303.893.5082
jenny.trautman@discoverynr.com