Senior Financial Reporting Accountant, Upstream

Caturus Management Services, LLC; Houston (TX); On-site; USD 100,000 - 150,000; Full time

Job summary

Caturus Management Services, LLC seeks a Senior Financial Reporting Accountant, Upstream to support U.S. GAAP financial reporting for the upstream business unit from our Houston corporate office. You will coordinate with external auditors and collaborate with accounting teams to deliver timely statements.

The role requires strong technical accounting knowledge in oil and gas, experience with audits, and the ability to ensure accuracy and timely delivery of monthly, quarterly and annual reports.

Qualifications

• Bachelor's Degree in Accounting is required.
• CPA license or active pursuit of CPA licensure is strongly preferred.
• 3+ years of relevant accounting and financial reporting experience required.
• Big 4 public accounting experience is highly desirable, upstream experience a strong plus.

Responsibilities

• Prepare periodic external financial statements and footnotes; assist with internal management reports and ad hoc reports.
• Assist in consolidated financial reporting deliverables for Caturus Energy, LLC.
• Assist with MD&A preparation as required by indentures.
• Prepare analyses of operating trends, liquidity, working capital and key financial ratios.
• Research new accounting pronouncements and assist in implementation.
• Support the external auditors as primary liaison; coordinate PBCs for audits.
• Assist with process improvements to enhance reporting efficiency and data quality.
• Be familiar with ASC 606, ASC 842, ARO, and related oil & gas accounting standards.

Skills

U.S. GAAP

SEC reporting

Excel

SOX compliance

Communication skills

Attention to detail

Data analysis

Education

Bachelor's Degree in Accounting

CPA license or active pursuit

Job description

Senior Financial Reporting Accountant, Upstream

Department: Finance

Employment Type: Full Time

Location: US TX Houston - Corporate Office

Description

About Us:

The Caturus platform founded by Kimmeridge – an alternative asset manager focused on the energy sector – supports Kimmeridge’s overarching goal of providing low-cost energy on demand with the lowest carbon footprint.

Kimmeridge’s vision in creating Caturus is to build the only independent, fully integrated natural gas and LNG export platform in the U.S. through a combination of its upstream operations and via Commonwealth LNG, a 9.5 million tonnes per annum liquefied natural gas export terminal in southwestern Louisiana on the U.S. Gulf Coast. The combined entities are committed to delivering responsibly sourced, low-emission fuel to domestic and international markets.

Caturus is a Houston-based, private exploration and production company seeking to materially grow production through development of deep, high pressure, dry gas windows of the Eagle Ford and Austin Chalk, as well as Haynesville formations located in Texas and Louisiana while maintaining a relentless focus on safety.

Commonwealth LNG was founded by industry veterans who decided to re-engineer the LNG construction model. Using proven best practices, Commonwealth is committed to building a world-class LNG export facility while focusing on safety, managing risk and achieving best-in-class environmental standards.

Job Description

Caturus is seeking a detail-oriented Senior Accountant, Financial Reporting to support the Financial Reporting function for the upstream business unit. This individual will assist in the preparation of timely, external U.S. GAAP-compliant financial statements for Caturus Energy, LLC. This individual will assist in coordinating with external auditors, and will collaborate with other functions within the Accounting organization. The individual will report to the Manager, Financial Reporting in the Caturus corporate headquarters in Houston, TX.

Key Accountabilities

• Prepare periodic external financial statements and footnotes, assist with internal management reports, reports for bank compliance and ad hoc reports
• Assist in the preparation of consolidated financial reporting deliverables for Caturus Energy, LLC
• Assist with the preparation of MD&A for Caturus Energy LLC, as required by certain indentures
• Prepare analysis of operating trends, liquidity, working capital and key financial ratios
• Research new accounting pronouncements and assist in their implementation
• Support the primary financial statement audit liaison with external auditors; prepare and organize items required for financial statement audits (prepared by client schedules and deliverables “PBCs”)
• Assist with the implementation of process improvements that enhance reporting efficiency, data quality, and control effectiveness
• Familiar with key oil & gas industry accounting standards, including but not limited to ASC 606 revenue recognition, ASC 842 lease accounting standard, asset retirement obligations (“ARO”) and other related standards
• Assist in maintaining debt covenant compliance calculations and reporting
• Ensure deadlines are met, including issuance of monthly, quarterly, and annual financial statements in compliance with reporting requirements
• Assist management with due diligence activity related to potential acquisitions and other transactions
• Special accounting and analytics projects assigned by management

Qualifications

Education, Certificates, and Licenses:

• Bachelor's Degree in Accounting required
• CPA license or active pursuit of CPA licensure strongly preferred

Experience:

• 3+ years of relevant accounting and financial reporting experience required
• Big 4 public accounting experience highly desired with upstream experience a strong plus

Competencies:

• Working knowledge of U.S. GAAP financial statement preparation; SEC financial reporting a plus
• Knowledge of specialized technical accounting applicable to oil and gas companies; upstream preferred
• Proficient in accounting technical pronouncements, research and analysis
• Exposure to SOX 404 internal controls over financial reporting preferred
• Strong oral and written communication skills to interface effectively with management and auditors
• Strong data management skills; ability to format, model and analyze
• Ability to prioritize tasks to meet business needs
• Advanced Microsoft Excel skills required; general proficiency in Word, PowerPoint and Outlook
• Highly organized and proactive and eager to collaborate, learn, and expand knowledge base
• Ability to perform under pressure and adjust to meet frequently changing needs and requirements