Technical Accountant - Oil and Gas

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

Technical Accountant - Oil and Gas

$105000 - $135000 per year | Denver, CO | On-site | Permanent

Great for candidates ready to transition out of Big 4!

A bit about us:

Our client is seeking a Technical Accountant to join their accounting team and provide technical accounting expertise across a growing oil and gas organization. This position will be responsible for researching and interpreting accounting guidance, supporting complex accounting transactions, preparing technical accounting analyses and memos, and ensuring compliance with U.S. GAAP and company policies.

The ideal candidate will have strong technical accounting experience, excellent analytical skills, and the ability to partner with accounting, finance, operations, and external auditors on complex transactions and reporting matters. Experience in the oil and gas is mandatory.

Why join us?

• 401(k) with 4% company match
• Company-paid medical, dental, and vision benefits
• Competitive compensation package
• Generous paid time off and company holidays
• Opportunities for professional growth and advancement
• Company-sponsored life insurance and disability coverage
• Collaborative and supportive work environment
• Additional employee benefits and wellness programs

Job Details

Key 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 annual and quarterly 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.

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.
• Strong understanding of financial statements, internal controls, and audit processes.
• Experience with ERP and financial reporting systems.
• Advanced Microsoft Excel skills.
• Exceptional analytical, research, and problem-solving abilities.
• Strong written and verbal communication skills.
• Ability to manage multiple priorities and work effectively with both accounting and non-accounting stakeholders.

Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

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