Business Unit Controller

Private Company; Midland (TX); On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Job summary

A growing oilfield services company is seeking a Controller to oversee all accounting operations. This role includes financial reporting, cost accounting, compliance, and operational insight. The ideal candidate will have CPA certification, a degree in Accounting or Finance, and over 7 years of experience, particularly in oilfield services. Leadership skills are crucial for managing the accounting team. The position offers competitive medical and 401(k) benefits.

Qualifications

• 7+ years of progressive accounting experience.
• Prior experience in oilfield services, energy services, or construction.
• Experience managing and developing accounting staff.

Responsibilities

• Lead monthly, quarterly, and annual close processes.
• Prepare and review GAAP-compliant financial statements.
• Maintain strong internal controls and accounting policies.
• Lead budgeting, forecasting, and variance analysis.

Skills

Job costing

Operational accounting

Leadership

Financial reporting

Education

Bachelor’s degree in Accounting or Finance

CPA (active or inactive)

Tools

NetSuite

Sage

Oracle

QuickBooks Enterprise

Job description

The Controller will oversee all accounting operations for a growing oilfield services company supporting Permian Basin operations. This role is responsible for financial reporting, cost accounting, compliance, internal controls, and supporting operational leadership with timely, accurate financial insights. The ideal candidate has deep experience in oilfield services accounting, job costing, and managing accounting teams in a fast‑paced, field‑driven environment.

Key Responsibilities

• Lead monthly, quarterly, and annual close processes
• Prepare and review GAAP‑compliant financial statements
• Ensure accurate revenue recognition (percentage‑of‑completion, day rates, or service‑based billing as applicable)
• Maintain general ledger integrity and chart of accounts

Compliance & Controls

• Maintain strong internal controls and accounting policies
• Ensure compliance with federal, state, and local tax requirements
• Coordinate audits, reviews, and lender reporting
• Manage sales/use tax, property tax, and multi‑state filings as applicable

Budgeting & Forecasting

• Lead budgeting, forecasting, and variance analysis for the business segment

Cash Flow & Working Capital

• Oversee AR/AP, billing, collections, and vendor payments
• Monitor cash flow, credit facilities, and covenant compliance
• Improve working capital processes and DSO

Leadership & Systems

• Manage and develop the accounting team
• Implement and improve accounting systems, processes, and reporting tools
• Collaborate cross‑functionally with operations, HR, and executive leadership
• Support ERP or accounting system optimization (e.g., NetSuite, Sage, Oracle, QuickBooks Enterprise)

Qualifications

Required

• CPA (active or inactive) required
• Bachelor’s degree in Accounting or Finance
• 7+ years of progressive accounting experience
• Prior experience in oilfield services, energy services, construction, or asset‑heavy operations
• Strong job costing and operational accounting background
• Experience managing and developing accounting staff

Preferred

• Public accounting background (Big 4 or regional firm)

Seniority Level

Director

Employment Type

Full‑time

Job Function

Accounting/Auditing, Oil and Gas

Medical insurance, Vision insurance, 401(k)