Oasis Petroleum

Supervisor, Accounting Special Projects

Location US-TX-Houston
Job ID
2018-2165

Position Summary

With the continued growth of the Company, this individual will be responsible for the oversight and execution of special projects within the Accounting function related to business development (acquisitions, divestitures, and integration), process enhancement, operations accounting, financial reporting, internal controls and the Enertia Accounting/Land system. Salary and Level will be commensurate with experience.

Essential Job Functions

  • Lead and manage accounting acquisition and divestiture activities, including:
    • Pre-close due diligence as the Accounting department’s representative to the Company’s due diligence team, which includes coordinating and communicating across all Accounting sub-groups as well as other due diligence team members who represent various functions of the organization
    • Review and confirm settlement statements for close and post-close and coordinating with counterpart(s) of the Seller/Buyer to resolve disputes in order to facilitate timely Closing and Post-Closing
    • Operate as liaison between the Business Development group, Legal team and Accounting organization to review components of Purchase & Sale Agreement and the Transition Services Agreement (if applicable) as well as communicating details of executed transactions to the broader Accounting organization
    • Operate as an Integration Lead for the Accounting organization and work with various departments to coordinate various integration activities, including the successful integration/transition of acquired/divested assets into all impacted systems and accounting processes
    • Operate as liaison between the Company and the Buyer/Seller to ensure provisions of the PSA and Transition Services Agreement (if applicable) relevant to Accounting processes are adhered to
    • Review and approve various A&D journal entries, account reconciliations, and management reports
    • Prepare, update, and/or review accounting policies and/or memos, as required, to document treatment of new or unique transactions
  • Oversee special projects within the Accounting function, with a primary focus on maturing, enhancing and automating current business processes and information flows
  • Identify, develop and implement process improvements and reporting efficiencies to enhance effectiveness and efficiency of various estimation processes
  • Assist with management’s internal control testing and SOX compliance and JV audits
    • Lead internal SOX team to complete SOX documentation updates and testing of select key controls
    • Coordinate with contracted internal audit team to manage overall SOX compliance effort
    • Coordinate JV audit requests and assist with audit exception responses
  • Co-lead the Business Application Response team comprised of Enertia super-users from various sub-departments
    • Collaborate with IT Department to manage and implement system changes/upgrades and reports
    • Perform QC testing pre- and post-deployment of any system change or enhancement related to assigned special projects
    • Provide end-user support, including training, recommending solutions, and coordinating the deployment of patches with IT counterparts

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

  • Bachelor's degree in Accounting or Finance
  • 6 years of relevant oil and gas accounting experienc
  • Experience with oil and gas acquisition and divestiture accounting
  • Experience integrating upstream assets, data, and systems
  • Experience in multiple oil and gas accounting disciplines (i.e. A&D, JIB, Revenue, A/P, Financial Reporting, etc.)
  • Experience supporting upstream, midstream and/or field services oil & gas clients
  • Experience in assessing, improving and redesigning or enhancing business processes 
  • Experience operating in a management role and providing direction and guidance to managed teams
  • Strong interpersonal, presentation, and written communication skills
  • Experience with internal controls/process and Sarbanes-Oxley and JV audits
  • Strong MS Excel experience
  • Ability to work in a fast-paced and fluid environment; flexible with the demands of a growing company
  • Physical Requirements and Working Conditions: Must possess mobility to work in a standard office setting and to use standard office equipment, including a computer, stamina to maintain attention to detail despite interruptions, strength to lift and carry files weighing up to 10 pounds; vision to read printed materials and a computer screen, and hearing and speech to communicate in person and over the telephone.

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

  • CPA license
  • 4 year of public accounting/consulting experience
  • Experience working in Enertia
  • Familiar with internal control framework for an upstream oil and gas company
  • Strong understanding of and experience working with SQL

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