Manager, Accounting

Sproule Holdings Limited; Calgary; Hybrid; CAD 90,000 - 150,000; Full time

Job summary

An established industry player in the oil and gas sector is seeking a Manager, Accounting to lead financial operations for junior to mid-sized E&P companies. This pivotal role combines hands-on financial management with strategic advisory, ensuring compliance and integrity in financial reporting. The ideal candidate will leverage their CPA designation and extensive industry experience to drive improvements in financial processes and reporting. Join a dynamic team that values mentorship and collaboration while offering a hybrid work environment and opportunities for growth. This is a chance to make a significant impact in a rapidly evolving sector.

Benefits

Paid vacation and personal days

Health spending account

Wellness plan

Annual discretionary bonus

Potential for share ownership

Qualifications

• 5+ years experience in upstream oil and gas industry.
• CPA designation required, preferably with audit training.

Responsibilities

• Manage month-end closings and financial reporting.
• Collaborate with external auditors and prepare financial statements.
• Advise clients on financial processes and risks.

Skills

Analytical Thinking

Problem-Solving

Communication

Leadership

Mentoring

Education

Chartered Professional Accountant (CPA or CA)

Tools

Pandell/Qbyte

Advanced Excel

Job description

Experience: 5+ years post-designation experience working with in the upstream (or midstream) oil and gas industry

Education: Chartered Professional Accountant designation (CPA or CA)

Our Asset Management Business Unit is growing. Our Asset Management Business Unit manages the engineering, production operations, liability closures, accounting, land HS&A and regulatory oversight of junior to mid-sized E&P companies ranging from 100 to 8000 BOE per day. With over 20 accounting professionals, we provide full cycle oil and gas finance services to clients including production accounting, joint venture, AR/AP, financial reporting, tax, controllership and CFO duties.

We are seeking a Manager, Accounting (Controller – O&G) with extensive upstream Oil and Gas experience to act in a hands-on controller capacity for our clients. This multifaceted role involves managing operations and financing accounting processes, ensuring financial reporting integrity, overseeing payables and treasury functions, assisting with forecasting activities, working with advisors on corporate tax, and providing strategic financial advice to external client executives or internal senior accounting managers. The ideal candidate will possess strong self-starter skills, an analytical mindset to drive effective financial decision-making, and the confidence to advise on continuous improvement opportunities in reporting, processes and controls.

Responsibilities

• Complete month-end closings, ensuring accruals booked and accurate, that financial accounting entries posted where necessary, and that processes are followed including analysis of financial results.
• Prepare monthly financial reports for senior managers and clients.
• Prepare quarterly and annual financial statements in accordance with IFRS/ASPE/US GAAP.
• Draft MD&A’s for public companies.
• Perform monthly financial analysis and reconciliations in accordance with internal control structures.
• Prepare IFRS calculations for depletion, ARO, accretion and deferred taxes.
• Collaborate closely with external auditors during audit cycles ensuring transparency and accountability.
• Present audit findings/recommendations to Senior Managers and clients.
• Conduct technical analysis and document IFRS/ASPE decisions and ASC rules, including monitoring and recommending actions to Senior Managers for upcoming changes in accountings standards and rules.

Budgeting & Forecasting:

• Develop or manage annual budgets; analyze variances between actuals and budget.
• Collaborate with department heads to prepare cash forecasts that inform strategic planning.
• Manage cash flow, including cash forecasting, liquidity management, and optimization of working capital.

Advisory to Senior Managers and clients:

• Serve as a trusted partner for corresponding with external auditors, tax advisors and regulatory authorities, ensuring timely and accurate information exchange.
• Assess client needs and design and implement appropriate financial processes, controls and reports, including being a key member of new client onboardings or following major client changes (A&D).
• Advise on potential risks related to business decisions impacting finances.
• Provide strategic insights on financial results, investments and lending options.
• Provide comprehensive financial analysis and strategic recommendations to support informed decision-making and business planning.
• Report on key financial metrics, identifying trends, variances and opportunities for improvement.

Regulatory compliance:

• Collaborate with 3 rd party advisors to ensure corporate tax compliance.
• Oversee GST, T5/NRV and payroll filings, and any related CRA audits.
• Prepare or oversee ESTMA, Statistics Canada and Modern Slavery reports.

Financial Controls and oversight:

• Ensure team compliance of internal financial controls, including the timely and accurate completion of month-end close processes up to the trail balance level. Recommend and implement improvements.
• Conduct regular reviews of accounting records/accounts reconciliation to identify areas for improvement or risk mitigation.
• Oversee accounts payable ensuring accuracy in invoicing and payments cycles.
• Mentor operations and land team members on top-tier internal controls and financial processes.
• Champion best practices in accounting principles/internal controls among staff members.

Required Education & Experience

• Chartered Professional Accountant designation (CPA or CA), preferable firm trained within audit.
• 5+ years post-designation experience working with in the upstream (or midstream) oil and gas industry, experience within a junior to mid-sized company would be considered an asset.

Required Skills and Competencies

• Charismatic, with the ability to mentor teams and advise clients – developing leadership potential.
• Strong analytical thinking and problem-solving capabilities, offering actionable insights based on data analysis.
• Excellent communication and presentation abilities, conveying complex information clearly and distinctively.
• Leadership qualities fostering teamwork and collaboration while driving performance excellence across finance departments.
• Technical Skills:
  • Advanced Excel skills data analysis and report generation.
  • Proficiency with software and accounting systems (e.g., Pandell/Qbyte).
  • Extensive knowledge of IFRS/ASPE and relevant tax regulations/compliance standards applicable across jurisdictions based upon client needs (i.e. ASC, OSC, CRA, AB finance, AER, BCER).

Other Benefits

• Hybrid work arrangement (this is an in-office position and may offer hybrid work).
• Paid vacation and personal days.
• Sproule ERCE is 100% employee owned (potential for share ownership).
• Health spending account and wellness plan.
• Annual discretionary bonus based on performance.