Oasis Petroleum

  • Senior Analyst - Accounting Special Projects

    Location US-TX-Houston
    Job ID
    2018-2389
  • Position Summary

    With the continued growth of the Company, this individual will be responsible for completing 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 accounting acquisition and divestiture (“A&D”) activities, including:
      • Pre-close due diligence, which includes assisting with the coordination and communication across all Accounting sub-groups as well as other due diligence team members who represent various functions of the organization.
      • Preparing, reviewing and confirming settlement statements for close and post-close and assisting with the coordination with counterpart(s) of the Seller/Buyer to resolve disputes in order to facilitate timely Closing and Post-Closing
      • Integration/transition of acquired/divested assets into all impacted systems and accounting processes
      • Operate as liaison between Business Development, Legal and Accounting to review components of Purchase & Sale Agreements (“PSA”) and Transition Services Agreements, if applicable, as well as communicating details of executed transactions to the broader Accounting organization
      • Operate as an Integration Team Member for the Accounting organization and work with various departments to coordinate various integration activities
      • Operate as liaison between the Company and the Buyer/Seller to ensure provisions of the PSA and Transition Services Agreement, if applicable, are adhered to
      • Coordinating with personnel from Land and Accounting to ensure A&D transactions are appropriately accounted for
      • Prepare various A&D journal entries, account reconciliations, and management reports
      • Prepare and/or update accounting policies and/or memos, as required, to document treatment of new or unique transactions
    • Execute 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
      • Serve as a member of the 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

    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 related field
    • 3 years of relevant oil and gas accounting experience
    • Strong interpersonal, presentation, and written communication skills
    • 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
    • Experience working in Enertia or similar oil and gas ERP application
    • 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 with internal controls/process and Sarbanes-Oxley 
    • Familiar with internal control framework for an upstream oil and gas company
    • Strong understanding of and experience working with SQL

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