24-485.U - Technical Accounting Analyst

Posted 21 Hours Ago
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United States of America
Senior level
Energy
The Role
The Technical Accounting Analyst is responsible for reviewing complex accounting transactions, ensuring compliance with US GAAP/FASB standards, and developing company accounting policies. They assist with revenue recognition, prepare documentation for accounting policies, and work with operational accounting teams to optimize processes. The role includes providing support for SAP and liaising with management on accounting standards and practices.
Summary Generated by Built In

Job Objective:
Review accounting for technical and complex accounting transactions to ensure compliance with US GAAP/FASB reporting requirements and development of company accounting policy. Provide guidance in regards to Revenue Recognition (ASC 606), Affiliate Transactions, Royalty, Regulatory and Compliance matters. Recommend actions based on changes in reporting and/or accounting requirements. Prepare and document accounting and reporting policies and procedures. Assist the Manager with reporting requirements, regulations and rules and stay current with all accounting and reporting requirements which impact the Operational accounting teams.

Essential Job Responsibilities:

  • Understand the needs of the Operational Accounting functions and how the Technical Accounting team supports those needs while also representing the requirements of Technical Accounting to the business.
  • Assist in the envisioning, design, and delivery of accounting policies and procedures that generate value in terms of risk reduction, regulatory compliance, automation, efficiency by exploiting best in practice accounting policies.
  • Use current technology to help modernize Accounting operations to improve reliability, increase operational efficiency, and reduce cost.
  • Translate project documents, including reports and project specific business rules into technical specification documents for development by internal or external resources.
  • Support end-users and super-users with training where required regarding SAP.
  • Provide other ad-hoc support and assistance, as requested.
  • Work with Business development regarding due diligence or other initiatives as required.
  • Assisting in the evaluation of accounting processes and controls, with an objective of increasing efficiencies and provide better information for management decision making.
  • Working with accounting teams to optimize and implement new accounting standards and company best practices.
  • Communicate with IT, SAP Functional Support, and Management on the status of projects and escalate requests on behalf of the Technical Accounting Advisory team as needed.
  • Represent Hilcorp at monthly PROFOG Steering Committee meetings and lobby for our high priority projects to be prioritized and worked on timely by SAP.
  • Participate in sub-committee meetings for PROFOG.
  • Assist in preparing status updates for Management.
  • Assists in PRA system enhancement projects, upgrade projects, and implementations.
  • Assist in new acquisition revenue master data configuration for SAP/PRA.
  • Ability to understand complex contract information and configure SAP data accordingly for accuracy in Revenue, Regulatory, & Compliance.
  • Adheres to the company’s values – integrity, ownership, urgency, alignment and innovation.
  • Supports company vision and mission.
  • Adheres to established work schedule, attendance standards and is punctual to work and meetings.
  • Maintains employee confidence and protects company assets, including intellectual property, by keeping information confidential.
  • Maintains technical knowledge by attending educational workshops and reviewing professional publications, establishing personal networks, and participating in professional associations.
  • Contributes to team effort by accomplishing related results, as needed.

Other Job Responsibilities:

  • Builds customer confidence, is committed to increasing customer satisfaction, sets achievable customer expectations, assumes responsibility for solving customer problems.
  • Ensures commitments to business stakeholders are met, solicits opinions and ideas from Finance, Accounting and Land departments, and responds to inquiries.
  • Other duties as assigned by management.

Qualifications:

  • Seven (7) years minimum experience in Upstream Oil and Gas Accounting (and/or related fields) including technical accounting, business analysis or relative accounting functions.
  • Five (5) years minimum experience in a technical accounting role - General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Cost and Profit Center Accounting (CPA), Revenue Accounting, Compliance Accounting, and Production Accounting.
  • Technical Accounting support and training of end-users.
  • Ability to complete multiple, diverse tasks of differing priorities.
  • Excellent written and verbal communication skills.
  • Outstanding management, administrative, and organizational skills.
  • Proficiency in the use and application of the following software:
    • Required: Microsoft Office (Excel, Word, and Outlook).
    • Preferred: Advanced Excel, Alteryx, Power BI, and/or SQL experience.

Education Requirements:

  • Bachelor’s Degree from an accredited four-year university or college with a degree in Finance, Accounting or Business Administration.

Certifications, Licenses, Registrations:

  • Preferred: CPA

#LI-SW1

Top Skills

SAP
The Company
HQ: Houston, TX
1,680 Employees
On-site Workplace
Year Founded: 1989

What We Do

Hilcorp Energy Company was founded in 1989 with the vision of being the premier independent energy company in America. Today, it is now the largest privately owned oil and natural gas company in the country. Hilcorp is a company founded on the principles of innovation and entrepreneurism. Our Core Values of "integrity, urgency, ownership, alignment, and innovation"​ are central to everything we do and are fundamental to our culture.

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