Senior Financial Accountant

Posted Yesterday
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Oklahoma City, OK, USA
In-Office
Senior level
Energy
The Role
Executes monthly and quarterly accounting close activities, including journal entries, reconciliations, accruals, financial analysis, and internal reporting. Analyzes expenses, capital expenditures, variances, and account activity while supporting SOX controls, audits, U.S. GAAP compliance, process improvements, ERP enhancements, automation, and special projects. Partners with Operations, Finance, Land, Revenue, and accounting teams to maintain accurate and timely records.
Summary Generated by Built In
Gulfport Energy Corporation is an Oklahoma City-based independent oil and natural gas exploration and production company with its principal properties located in the Utica Shale in Eastern Ohio, the SCOOP Woodford and SCOOP Springer plays in Central Oklahoma.Gulfport aims to create sustainable value through the economic development of our significant resource plays in the Utica and SCOOP operating areas. Our strategy is to develop our assets in an environmentally responsible manner, while generating sustainable cash flow, improving margins and operating efficiencies and returning capital to shareholders. To accomplish these goals, we allocate capital expenditures to projects we believe offer the highest rate of return and we deploy leading drilling and completion techniques and technologies in our development efforts.Title:Senior Financial AccountantFull-Time/Part-Time:Full timeFLSA:United States of America (Exempt)Description:

JOB SUMMARY:

The Senior Financial Accountant is responsible for executing and supporting key aspects of the monthly and quarterly accounting close, including journal entries, account reconciliations, accruals, financial analysis, and internal reporting. The position partners with Operations, Finance, Land, Revenue, and other accounting groups to ensure complete, accurate, and timely accounting records. The role also supports process improvements, accounting system enhancements, automation initiatives, and special projects.

PRIMARY RESPONSIBILITIES:

Month-End Close & Journal Entries

  • Prepare and post monthly and quarterly journal entries, including accruals, reclassifications, amortization, allocations, and other entries for assigned accounting areas.
  • Responsible for assigned aspects of the monthly close process and ensure entries, reconciliations, and supporting schedules are completed accurately and timely.
  • Prepare and maintain account reconciliations, investigate reconciling items and unusual balances, and resolve identified issues.
  • Analyze capital expenditures, lease operating expenses, G&A expenses, property taxes, prepaids, leasehold activity, and other assigned accounts to confirm completeness and accuracy.
  • Review accounting activity and supporting data to identify errors, trends, and required corrections.

Reporting and Analysis

  • Prepare monthly and ad hoc internal reporting, account analyses, reconciliations, roll-forwards, and supporting schedules.
  • Analyze actual results against AFE estimates, field estimates, budgets, forecasts, and prior periods, as applicable.
  • Identify significant variances, determine the underlying drivers, and communicate findings to management.
  • Provide accounting information and analysis to Operations, Finance, Land, Revenue, and other departments.

Controls, Audit, Compliance and Process Improvement

  • Perform assigned internal controls and maintain documentation supporting SOX compliance.
  • Support internal and external audit requests and provide complete and timely supporting documentation.
  • Ensure assigned accounting activities comply with U.S. GAAP, company accounting policies, and internal control requirements.
  • Identify and implement process improvements that enhance the accuracy, efficiency, and control of accounting processes.
  • Support ERP enhancements, system testing, workflow improvements, data validation, automation, and other technology initiatives.
  • Assist with accounting analysis for acquisitions, divestitures, and other strategic initiatives, as assigned.
  • Perform special projects, financial analyses, and other duties as assigned by management.

KNOWLEDGE, SKILLS, ABILITIES:

  • Strong understanding of general ledger accounting and U.S. GAAP.
  • Advanced proficiency in Microsoft Excel, including the ability to analyze and reconcile large data sets.
  • Strong analytical and problem-solving skills, with the ability to identify accounting issues and drive resolution.
  • Ability to work independently and exercise appropriate judgement in completing assigned responsibilities.
  • Excellent verbal and written communication skills.
  • Ability to work effectively with other accounting groups and departments.
  • Willingness to take initiative, accept feedback, and adapt to changing priorities.
  • High degree of accuracy, accountability, integrity, and attention to detail.
  • Strong organizational and time-management skills, with the ability to manage multiple priorities and meet accounting close deadlines.
  • Ability to effectively leverage AI, automation, and data analytics tools to improve accounting processes and analysis.
  • ERP experience preferred. Quorum Upstream experience a plus.
  • Oil and gas accounting knowledge preferred.

EDUCATION/EXPERIENCE:

  • Bachelor’s degree in Accounting or Finance required
  • Oil & Gas experience in accounting preferred
  • 4+ years of progressive accounting experience
  • CPA eligibility or progress toward licensure is viewed favorably.

WORK ENVIRONMENT:                                    

This job operates in a professional office environment.  This role routinely uses standard office equipment such as computers, printers, phones, photocopiers, and filing cabinets.
PHYSICAL DEMANDS:

Ability to lift files, open filing cabinets, and bend or stand as necessary.  Ability to sit and/or stand for long periods of time. The ability to use a computer, tablet or smart phone for extended periods of time. Basic use of office equipment such as copier and fax machines. Ability to lift up to 10 pounds occasionally.

POSITION TYPE AND EXPECTED HOURS OF WORK:

This is a full-time exempt position. Days and hours of work will vary due to workload and needs of the company.

TRAVEL:

Minimal travel is expected for this position.

Equal Opportunity Employer:

This description is intended to describe the type of work being performed by a person assigned to this position. It is not an exhaustive list of all duties and responsibilities required by the employee.

Gulfport Energy is an Equal Opportunity Employer and is committed to the principles of equal employment opportunity for all employees and applicants for employment. Gulfport also provides reasonable accommodations to qualified individuals with disabilities, except where such an accommodation would cause an undue hardship.  

Skills Required

  • Bachelor's degree in Accounting or Finance
  • 4+ years of progressive accounting experience
  • Strong understanding of general ledger accounting and U.S. GAAP
  • Advanced proficiency in Microsoft Excel, including analysis and reconciliation of large data sets
  • Strong analytical, problem-solving, communication, organizational, and time-management skills
  • Oil and gas accounting experience
  • ERP experience
  • Quorum Upstream experience
  • CPA eligibility or progress toward licensure
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The Company
HQ: Oklahoma City, OK
279 Employees
Year Founded: 1998

What We Do

Gulfport is an independent natural gas-weighted exploration and production company with assets primarily located in the Appalachia and Anadarko basins. Our principal properties are located in eastern Ohio targeting the Utica and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations. Gulfport aims to create sustainable value through the economic development of our significant resource plays in the Utica and SCOOP operating areas. Our strategy is to develop our assets in a manner that generates sustainable cash flow, improves margins and operating efficiencies, while improving our ESG and safety performance. To accomplish these goals, we allocate capital to projects we believe offer the highest rate of return and we deploy leading drilling and completion techniques and technologies in our development efforts. We believe our plan to generate free cash flow on an annual basis will allow us to further strengthen our balance sheet, return capital to shareholders and increase our resource depth through incremental leasehold opportunities that provide optionality to our future development plans.

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