Review accounting for technical and complex accounting transactions to ensure compliance with US GAAP/FASB reporting requirements and development of company accounting policy. Provide guidance in regard to Revenue Recognition (ASC 606), Affiliate Transactions, Royalty, Regulatory and Compliance matters. Recommend actions based on changes in reporting and/or accounting requirements. Prepare and document accounting and reporting policies and procedures. Assist the Manager with reporting requirements, regulations and rules and stay current with all accounting and reporting requirements which impact the Operational accounting teams.
Essential Job Responsibilities:
oUnderstand the needs of the Operational Accounting functions and how the Technical Accounting team supports those needs while also representing the requirements of Technical Accounting to the businessoAssist in the envisioning, design, and delivery of accounting policies and procedures that generate value in terms of risk reduction, regulatory compliance, automation, efficiency by exploiting best in practice accounting policies.oUse current technology to help modernize Accounting operations to improve reliability, increase operational efficiency, and reduce cost.oTranslate project documents, including reports and project specific business rules into technical specification documents for development by internal or external resources.oSupport end-users and super-users with training where required regarding SAP.oProvide other ad-hoc support and assistance, as requestedoWork with Business development regarding due diligence or other initiatives as required.oAssisting in the evaluation of accounting processes and controls, with an objective of increasing efficiencies and provide better information for management decision making.oWorking with accounting teams to optimize and implement new accounting standards and company best practices.oCommunicate with IT, SAP Functional Support, and Management on the status of projects and escalate requests on behalf of the Technical Accounting Advisory team as needed oRepresent Hilcorp at monthly PROFOG Steering Committee meetings and lobby for our high priority projects to be prioritized and worked on timely by SAPoAssist in preparing status updates for Management oAssists in PRA system enhancement projects, upgrade projects, and implementationsoAssist in new acquisition revenue master data configuration for SAP/PRAoAbility to understand complex contract information and configure SAP data accordingly for accuracy in Revenue, Regulatory, & Compliance
Other Job Responsibilities:
oBuilds customer confidence, is committed to increasing customer satisfaction, sets achievable customer expectations, assumes responsibility for solving customer problemsoEnsures commitments to business stakeholders are met, solicits opinions and ideas from Finance, Accounting and Land departments, and responds to inquiriesoAdheres to the company’s values – integrity, ownership, urgency, alignment, and innovation.oSupports company vision and mission.oAdheres to established work schedule, attendance standards and is punctual to work and meetings.oMaintains employee confidence and protects company assets, including intellectual property, by keeping information confidential.oMaintains technical knowledge by attending educational workshops and reviewing professional publications, establishing personal networks, and participating in professional associations.oContributes to team effort by accomplishing related results, as needed.
Qualifications:
oSeven (7) years minimum experience in Upstream Oil and Gas Accounting (and/or related fields) including technical accounting, business analysis or relative accounting functions.oFive (5) years minimum experience in a technical accounting role - General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Cost and Profit Center Accounting (CPA), Revenue Accounting, Compliance Accounting, and Production AccountingoTechnical Accounting support and training of end-usersoMass data manipulation skills oAdvanced Excel, Alteryx, Power BI, and/or SQL experience preferredoAbility to complete multiple, diverse tasks of differing priorities without supervision.oExcellent written and verbal communication skills.oOutstanding organizational skills.
Education Requirements:
oBachelor’s Degree from an accredited four-year university or college with a focus on Finance, Accounting or Business Administration.
Certifications, Licenses, Registrations:
CPA Preferred but not required.
