Senior Staff Accountant, Financial Reporting

Formentera Operations; Austin (TX); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Annual Bonus Eligibility

100% Employer covered health insurance

401K with 4% employer match

Job summary

Formentera Operations is seeking a Senior Staff Accountant (Financial Reporting) to join our Austin, TX team. This in-office role focuses on accuracy, integrity, and compliance of financial information across the organization.

You will manage monthly accounting entries, GAAP reporting, variance analysis, and cross-department collaboration to support decision-making, audits, and internal controls. The position emphasizes data integrity across systems and close coordination with stakeholders.

Qualifications

• Bachelor’s degree in accounting, finance or related field.
• Minimum of 5 years’ experience in financial accounting/reporting, with at least 3 years in the upstream oil and gas industry.

Responsibilities

• Prepare accounting entries monthly ensuring timely and accurate reporting.
• Perform variance analysis and investigate discrepancies to identify trends, risks, and opportunities for improvement.
• Prepare and analyze financial statements in accordance with GAAP.
• Collaborate with other departments to provide accounting information to support internal stakeholders in making business decisions.
• Support external audits providing documentation and explanations as needed to auditors.
• Assist in implementing and maintaining internal controls and procedures.
• Exceptional analytical and problem-solving skills with the ability to communicate findings effectively.
• Detail-oriented with a high level of accuracy and adherence to deadlines.
• Excellent verbal and written communication skills, with the ability to convey financial information to both financial and non-financial stakeholders.
• Proven ability to work collaboratively in cross-functional teams and lead initiatives.

Skills

Variance analysis

Financial reporting

GAAP

Analytical thinking

Communication skills

Education

Bachelor’s degree in accounting, finance or related field

Tools

Excel

ERP systems

Job description

Location: Austin, TX

Job Id:180

# of Openings:1

Senior Staff Accountant (Financial Reporting) – Austin, TX – In Office

Summary

Formentera Operations is seeking an experienced Financial Reporting Analyst to join our team. This role plays a critical part in ensuring the accuracy, integrity, and compliance of financial information across the organization.

As a Financial Reporting Analyst, you will be responsible for maintaining various accounting activities, including financial reporting, analysis, and compliance with regulatory standards. You will collaborate closely with internal stakeholders to support decision-making processes, drive operational efficiency, and maintain financial stability.

In addition to core accounting responsibilities, this position will play a key role in ensuring data integrity across systems. You will reconcile data between our accounting software and the data models used for reporting and strategic decision-making. This includes managing ongoing and evolving projects that require a high level of precision and accountability to maintain the integrity of financial and operational data.

Responsibilities

• Prepare accounting entries monthly ensuring timely and accurate reporting.
• Perform variance analysis and investigate discrepancies to identify trends, risks, and opportunities for improvement.
• Prepare and analyze financial statements in accordance with GAAP.
• Collaborate with other departments to provide accounting information to support internal stakeholders in making business decisions.
• Support external audits providing documentation and explanations as needed to auditors.
• Assist in implementing and maintaining internal controls and procedures.
• Exceptional analytical and problem-solving skills with the ability to communicate findings effectively.
• Detail-oriented with a high level of accuracy and adherence to deadlines.
• Excellent verbal and written communication skills, with the ability to convey financial information to both financial and non-financial stakeholders.
• Proven ability to work collaboratively in cross-functional teams and lead initiatives.

Required Qualifications

• Bachelor’s degree in accounting, finance or related field.
• Minimum of 5 years’ experience in financial accounting/reporting, with at least 3 years in the upstream oil and gas industry.

Physical Requirements: (with or without reasonable accommodation)

• This is asedentary role. The employee is regularly required to talk or listen, and frequently required to stand, walk, use hands to handle objects, and reach with arms. Close visual acuity is needed for viewing a computer, reading, transcribing, and analyzing data.
• Occasional lifting of up to 25 pounds
• Manual dexterity sufficient to operate a computer keyboard
• Annual Bonus Eligibility
• 100% Employer covered health insurance premiums.
• 401K with 4% employer match

About Us

Formentera Operations LLC is the operator for Formentera Partners, which is an energy focused, private equity strategy founded by Bryan Sheffield, Blake London, and Paul Treadwell in 2020, based in Austin, Texas. Formentera responsibly acquires and optimizes producing oil and gas assets in onshore United States basins.

Formentera is intentional and deliberate in cultivating our culture. We seek people who are not only exceptional within their own skills and aptitudes, but who also care deeply about supporting each other’s growth and embracing the value that diverse teams, ideas and opinions create. Operating with integrity and treating each other well at all times are foundational pillars at Formentera.

Formentera provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, age, sexual orientation, gender identity, national origin, protected veteran status, disability or any other characteristics protected by federal, state, or local law where we employ. Formentera will not tolerate discrimination or harassment based on any of these characteristics.

NOTE: Formentera is not able to consider candidates requiring Visa sponsorship at this time.