Oasis Petroleum

Capital Accrual Accountant/Analyst/Technician

Location US-TX-Houston
Job ID

Position Summary

Supporting the Operations and Joint Interest Groups, the primary functions of the Capital Accrual Analyst/Technician include, but are not limited to monthly review of actual spend and accruals, tracking against AFE, and corporate capital planning support.

Salary and level will be commensurate with experience.

Essential Job Functions

  • Prepare and compile capital accrual numbers for Operated Drilling, Completions, Facilities in addition to Capital and LOE accruals for Non-Operated, providing detailed feedback on incremental activity and variances; Prepare monthly & quarterly slide decks for business meetings with executive management
  • Ensure quality data by reviewing and/or correcting daily reports with help of techs/engineers/wellsite supervisors
  • Use of Enertia and/or other invoicing software, to be able to pull data regularly for analysis and corrections as needed; invoice reconciliation and documentation of changes after review with operations engineers/managers
  • Schedule capital on a well by well basis for corporate budget; populate actual capital expenditures on existing wells and projected capital expenditures for planned wells
  • Prepare and maintain databases & workbooks for reporting and analysis of all important operational data for Oasis and suppliers
  • Monthly review and tracking of Non-Operated JIB statements, collaborating with JIG group/accounting to reconcile any discrepancies
  • Work with IT department on continuous improvement of capital accrual process

This job description is not intended to be an all-inclusive list of duties and responsibilities of the position. Incumbents will be required to follow any other job-related instructions and duties outside of their normal responsibilities as assigned by their supervisor. 

Minimum Qualifications

  • HS Diploma or equivalent
  • Strong analytical and problem solving skills
  • Excellent communication skills, both verbal and written
  • Strong attention to detail
  • Proficient with Excel formulas, pivot tables & charting functions
  • Ability to work with others (engineers, accountants, techs) on a regular basis

 The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Preferred Qualifications

  • Bachelor’s degree in a STEM discipline, Accounting or related field
  • 2 years of experience working with upstream industry software (Enertia, OpenWells)


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