Oil & Gas Technical Accountant — GAAP Expert

Jobot; Denver (CO); On-site; USD 105,000 - 135,000; Full time

Benefits offered by this job

401(k) with company match

Medical, dental, and vision benefits

Generous PTO and holidays

Life insurance and disability coverage

Professional growth opportunities

Collaborative work environment

Wellness programs

Job summary

Jobot is seeking a Technical Accountant to join its accounting team in Denver, CO. The role focuses on researching and interpreting U.S. GAAP, preparing technical memos, and supporting complex oil and gas transactions.

You will collaborate with the finance team and external auditors to ensure accurate reporting and compliance. Ideal candidates have strong technical accounting expertise, excellent analytical skills, and the ability to work across departments on intricate transactions, including

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field required.
• 3+ years of progressive accounting experience, including significant technical accounting experience.
• CPA designation strongly preferred.
• Strong knowledge of U.S. GAAP and financial reporting requirements.
• Experience researching accounting standards and preparing technical accounting memos.
• Oil and gas or energy industry experience strongly preferred.
• Experience with acquisitions, divestitures, joint ventures, or complex transactions is a plus.
• Excellent analytical, research, and problem-solving abilities.
• Strong written and verbal communication skills.

Responsibilities

• Research and interpret U.S. GAAP and accounting standards and assess their application to company transactions.
• Prepare technical accounting memos and documentation supporting complex and non-routine transactions.
• Evaluate accounting treatment for acquisitions, divestitures, asset purchases, leases, revenue arrangements, debt, equity transactions, and other significant transactions.
• Support the accounting team with the implementation of new accounting standards and changes in regulatory guidance.
• Assist with the preparation and review of financial statements and related disclosures.
• Partner with accounting and finance teams to ensure transactions are recorded accurately and in accordance with GAAP.
• Analyze and document accounting conclusions for complex oil and gas transactions, including acquisitions, asset sales, joint ventures, and other industry-specific arrangements.
• Support accounting for oil and gas properties, including impairment analysis, asset retirement obligations, depletion, depreciation, and related accounting considerations.
• Assist with purchase accounting and valuation-related accounting matters associated with acquisitions.
• Coordinate with external auditors and provide technical accounting support during audits.
• Monitor changes in accounting standards and assess potential impacts on the organization.
• Develop and maintain accounting policies, procedures, and internal controls.
• Identify opportunities to improve accounting processes, reporting, and controls.
• Assist with month-end, quarter-end, and year-end close activities as needed.
• Support special projects and other accounting initiatives as assigned.

Skills

U.S. GAAP knowledge

CPA designation

Advanced Excel

Oil and gas experience

ERP/Financial systems

Analytical abilities

Stakeholder communication

Multi-project management

Education

Bachelor’s degree in Accounting/Finance

Tools

Excel

ERP systems

Financial reporting software

Job description

Jobot is seeking a Technical Accountant to join its accounting team in Denver, CO. The role focuses on researching and interpreting U.S. GAAP, preparing technical memos, and supporting complex oil and gas transactions.

You will collaborate with the finance team and external auditors to ensure accurate reporting and compliance. Ideal candidates have strong technical accounting expertise, excellent analytical skills, and the ability to work across departments on intricate transactions, including