Production Accounting Analyst III

OakTree Staffing; Texas; On-site; USD 90,000 - 120,000; Full time

Job summary

OakTree Staffing in Houston seeks a Production Accounting Analyst III to monitor daily and monthly production volumes, coordinate with field measurement teams, and ensure accurate reporting for decision making. The role requires quarterly travel to East Texas and close liaison with corporate reporting functions.

The ideal candidate will have 5+ years in oil and gas production accounting, advanced Excel skills, and strong communication abilities to support budgeting, forecasting, and compliance

Qualifications

• Bachelor's degree in accounting or related field.
• Minimum 5 years of oil and gas production accounting.
• Familiarity with production systems required.
• Experience with Cygnet, FlowCal, PRAMS, or Quorum preferred.
• Advanced Excel skills including pivot tables and lookups.
• Strong communication and teamwork abilities.

Responsibilities

• Daily analysis and reporting of production; identify anomalies and coordinate with field personnel.
• Monthly analysis and reconciliation of production; compare to third-party statements and trends.
• Coordinate with field measurement and reporting teams on monthly state reporting for accuracy.
• Collaborate with Revenue, JIB, Costs, and Financial Reporting to ensure accurate production data.
• Establish and maintain formalized production accounting policies and procedures.
• Assist budgeting, forecasting, reserves reporting, and integration activities.

Skills

Advanced Excel

Communication skills

Teamwork

Production accounting

Education

Bachelor's in Accounting or related discipline

Tools

Cygnet

Flowcal

PRAMS

Quorum

Job description

Job Description

Production Accounting Analyst III

Location: Houston, Tx

Description: The Production Accounting Analyst reports to the Production Accounting Manager and is responsible for assisting the operational accounting group with monitoring daily and monthly production volumes, facilitating communication between the operational field measurement teams and corporate reporting functions, and ensuring complete and accurate production reporting needed to make operational and strategic decisions for the company’s business. The role will be based in Houston but will require quarterly travel to field offices in East Texas to collaborate with field personnel and ensure changes and updates being made in the field are appropriately captured real time and reflected in production systems and reporting.

Responsibilities

• Daily Analysis and Reporting: Review of daily production reporting, analysis vs. trends and expectations, identification of anomalies and coordination with operational field personnel to address real time changes that may be needed
• Monthly Analysis and Reporting: Review of monthly production reporting including reconciliation of monthly company production information to third party statements, analysis vs. trends and expectations, identification of anomalies and coordination with operational field personnel to address changes that may be needed
• Coordination with field measurement and reporting team on monthly state reporting including analyzing for accuracy and completeness and incorporation of all operational changes
• Coordination with various accounting departments (e.g. Revenue, JIB and Costs, Financial Reporting) to ensure complete and accurate production information is used in monthly accounting processes
• Establishment of formalized production accounting policies and procedures to ensure consistent and reliable production oversight, capture, and reporting on a daily and monthly basis.
• Budgeting and Forecasting: Coordinate with Finance group to provide data for budgeting and forecasting
• Reserves Reporting and Forecasting: Coordinate with Reserves Group to provide data for mid-year and year end reserves reporting and forecasting
• Support acquisition integration and divestiture activities
• Special projects: work on special projects and perform analysis when needed
• The ideal candidate will have strong production accounting experience and a strong working knowledge of state and federal regulatory requirements. This role requires strong analysis and communication skills to lead oversite of production accounting processes, liaison with operations team to ensure accuracy of daily and month-end reporting, maintenance of field allocations and ensure compliance with state and federal regulations.

Requirements

• Bachelors’ in Accounting or related discipline
• Minimum 5 years of oil and gas production accounting
• Familiarity with production systems required
• Cygnet, Flowcal and PRAMS software experience preferred
• Quorum software experience preferred
• Experience in state & federal reporting with detailed knowledge and history of compliance
• Advanced Excel skills (filters, pivot tables, lookups etc.) and understanding of database and analytics
• Team oriented with a sense of urgency to get the job done
• Strong communication skills both verbal and written

Working Conditions and Physical Requirements

• Job is classified as light physical work in an office setting involving sitting, with intermittent periods of stooping, walking and standing.
• Occasionally may be required to lift, carry, push or pull 10-25 pounds.