Operations and A&D Accounting Supervisor

Oasis Petroleum
remote work
United States, Texas, Houston
Feb 05, 2025
Position Summary Chord Energy is seeking a Supervisor to lead the Operations and A&D Accounting team. This position will report directly to the Accounting Director and is located in downtown Houston, Texas. Hybrid work schedule is an option for remote work on Mondays and Fridays. Level and salary commensurate with background and experience. Essential Job Functions Oversee a team of 5-7 accountants of various experience levels, providing training, guidance, and mentoring. Review journal entries for capital projects, accruals, depletion expense, impairment, and asset retirement obligations. Advise internal stakeholders and ensure appropriate accounting treatment of acquired or divested properties, including the review of purchase and sale agreements, closing statements, and significant contracts. Review budget versus actuals analysis and report on the results of operations for current month or quarterly periods. Lead special projects such as accounting process improvement, automation, and system configuration/conversion to support our continuous improvement culture. Perform technical accounting research and documentation to support complex transactions (e.g., business combinations, divestitures, impairment, and goodwill). Communicate and explain complex accounting concepts within the department and to stakeholders throughout the organization. Review balance sheet account reconciliations and flux analyses while meeting all month-end close deadlines. Maintain SOX controls and respond to external audit, internal audit, and other requests as needed. This job description is not intended to be an all-inclusive list of duties and responsibilities of the position. Incumbents will be required to follow any other job-related instructions and duties outside of their normal responsibilities as assigned by their supervisor. Minimum Qualifications 10 years of accounting experience, preferably related to the oil and gas upstream sector Bachelor's degree in accounting or a related field Understanding of US GAAP and experience in GAAP accounting research Strong analytical skills and the ability to identify opportunities to improve processes Prior supervisory experience or team leadership Effective communication skills, ranging from technical accounting topics to team development and mentoring Strong time management and prioritization skills Ability to work in a fast-paced environment while ensuring accuracy Ability to meet deadlines Physical Requirements and Working Conditions: Must possess the ability to work in a standard office setting and use standard office equipment, including a computer, copier, and telephone; stamina to maintain attention to detail despite interruptions; vision to read printed materials and a computer screen; and hearing and speech to communicate in person and over the telephone. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Preferred Qualifications Public accounting experience CPA license Experience with Enertia, SQL, PowerBI, Snowflake, and/or Assent143 Software EEO Statement: Chord Energy does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.