Whitley Penn, a leading CPA and Consulting firm, is looking for an Associate to join our Energy team. The Associate is expected to demonstrate a basic knowledge of Generally Accepted Accounting Principles specifically related to Oil & Gas Accounting, with the ability to appropriately apply them to conduct outsourced accounting functions and special projects, under the supervision of various professionals. Assignments may include monitoring accounts pay able and receivable, participating in monthly, quarterly and yearly accounting cycles, preparing monthly financial statements, and conducting monthly revenue related tasks.
How We Work:
Whitley Penn has become one of the most distinguished and fastest growing public accounting firms by providing exceptional service that reaches far beyond traditional accounting. We believe in working in collaborative teams with an emphasis on an open-door policy and encouraging entrepreneurial thinking. We learn, innovate, and succeed by sharing knowledge, embracing diversity, and working together. We are all part of the same family and each person matters. We are more than just a job.
How Will You Make an Impact?
- Participate on client engagements where you will develop an understanding of the entire engagement process and gain real-world accounting and business knowledge
- Monitor accounts payable and accounts receivable
- Prepare daily receipts, monthly revenue intake sheets, spreadsheets files and inter-company reports
- Monitor and ensure that all monthly transactions are accurately recorded
- Participate in monthly, quarterly and yearly accounting cycles and prepare monthly financial statements
- Coordinate JIB, revenue and other monthly accounting processes
- Perform monthly revenue related tasks and analysis, including monthly revenue close process and reconciliations related to deferred revenue accounts
- Support external audit activities
- Identify, measure and analyze data
- Learn to communicate and proactively work with clients to build trust-based relationships and gather information needed to conduct assignments in an organized and efficient way
- Learn how engagement budgets connect to firm financial results and how to manage your personal billable hours to engagement budgets
- Develop knowledge of the firm, including its professional capabilities
- Participate in community organizations/events through volunteer and networking opportunities
- Participate in professional development and training sessions throughout the year
- Participate in the firm's annual performance management and goal setting process
- 2-4 years of experience in Oil & Gas accounting and analysis, demonstrating a progression in complexity, scope and number of engagement assignments.
- BA or Master's in accounting or financial management.
- CPA or CPA eligibility preferred
- Basic knowledge of Generally Accepted Accounting Principles and Generally Accepted Auditing Standards, specifically related to Oil & Gas Accounting
- Familiarity with ARO, Depletion, Impairment and other industry specific calculations
- Proficiency in Microsoft Office Excel
- Proficiency in WolfePak and/or Ogsys accounting software
- A positive attitude
- A professional appearance and demeanor
- An eagerness to learn and acquire new skills and knowledge
- Excellent analytical and problem solving skills
- A strong work ethic, strong time management skills and the ability to meet deadlines in a fast-paced environment; responsible and self-motivated
- Organizational skills and ability to multi-task
- Strong communication skills, both orally and in writing
- Ability to work respectfully and productively with diverse individuals in a variety of roles
- Firm Paid Medical Insurance (Free Employee Only Coverage on 2 of 3 plans)
- Voluntary Dental and Vision Insurance
- 17 Annual Firm holidays, with extended summer & winter breaks
- 20 days PTO for Salaried Employees
- Paid Maternity and Parental Leave
- 401(k) with Profit Sharing
- Discretionary Bonus Program
- Firm Paid Becker CPA Review Course & Reimbursement for Exam Fees
- Health & Wellness Program
- Pet Insurance
Whitley Penn is proud to be an equal opportunity workplace. We recruit, employ, train, compensate, and promote without regard to on age, race, creed, gender, color, religion, national origin, sexual orientation, gender identity, veteran status, disability or any other basis protected by applicable federal, state, or local law. Whitley Penn is a participant in E-Verify please follow the link to review disclosure notifications: All employment is decided on the basis of qualifications, merit, and business need.
#LI-HYBRID
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.