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Primary Services

Financial Accountant - Oil and Gas

Primary Services, Houston, Texas, United States, 77246

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Overview

Enjoy strong PTO benefits and gain valuable exposure with a global energy leader in this opportunity to advance your accounting career. Work alongside experienced professionals and broaden your expertise in financial reporting, joint venture accounting, and cost analysis. Primary Services is actively recruiting for a

Financial Accountant

to support a major client in the oil and gas industry. This role provides an opportunity for an early-career accounting professional to develop an understanding of revenue, cost, and financial operations within a global organization. You will support revenue recognition, cost allocation, and financial reporting activities, collaborating with on-site and shared service center teams to ensure accuracy and compliance across accounting processes. Responsibilities: Support monthly and forecast production estimates in coordination with the geosciences team and assist with production analysis. Ensure accurate and timely collection of Accounts Receivable related to gas revenues. Review and confirm postings made by the accounting shared service center. Estimate and record monthly revenue accruals. Record journal entries for JV Production Costs, Capex, Payables, ARO, Opex allocations, Taxes, and Intercompany transactions. Perform SAP account reconciliations, ensuring timely resolution of discrepancies. Assist with quarter-end close activities and reconciliation between Galaxy and CAP systems. Monitor Joint Venture billings and provide input for Capex, Opex, and Volume tracking tools. Obtain approvals and process Joint Interest Billings (JIBs) and Authorizations for Expenditures (AFEs) in accordance with financial policies. Review Loan and Deposit summaries, ensuring accurate asset assignments and SAP alignment. Load and verify monthly financial data in Galaxy/Galyz, ensuring consistency with SAP. Perform control checks, investigate discrepancies, and support preparation of executive financial presentations. Collaborate with finance and operations teams to enhance reporting accuracy and streamline accounting processes. Qualifications: Bachelor’s degree in Accounting or Finance. Proficiency in Microsoft Office, particularly Excel. Experience with SAP preferred. Strong analytical and problem-solving abilities. Ability to interpret and reconcile complex financial data. Excellent organizational and communication skills. Demonstrated ability to manage multiple priorities and work independently. Want to be notified of similar positions? Visit the company website to signup for job alerts. Seniority level

Entry level Employment type

Contract Job function

Accounting/Auditing and Finance Industries Oil and Gas Note: This description reflects the responsibilities and requirements for the Financial Accountant role with the client in the oil and gas sector.

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