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Valor

Accounting Manager

Posted 14 Days Ago
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In-Office
Fort Worth, TX
Senior level
In-Office
Fort Worth, TX
Senior level
Lead a team of oil and gas accountants to manage client assets, ensure timely and accurate financial reporting, validate production and pricing, prepare monthly joint interest billings and journal entries, oversee onboarding and projects, analyze revenue and expenses, and handle 1099 and property tax reporting while maintaining client communication.
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Valor is the leader in mineral management, oil and gas accounting and oil and gas consulting. The company was built by multi-generational mineral owners and experienced mineral managers to bring peace of mind to mineral and royalty owners. Valor utilizes its proprietary best-in-class mineral management software, mineral.tech®, to efficiently and effectively manage minerals and royalties for our clients. Valor is headquartered in Fort Worth, Texas. We provide solutions for owners of oil and gas assets which include comprehensive land and mineral rights management solutions, oil and gas accounting, digital filing, division order processing, and other oil and gas related back-office solutions that can be tailored to your specific needs.


Thank you for your consideration in joining our team at Valor!  

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Responsibilities

  • Manage a team of oil and gas accountants.
  • Manage client's assets.
  • Develop and monitor processes and controls to promote timely and accurate financial reporting across client base.
  • Oversee project management / coordinate processes for new client onboarding and other projects.
  • Interface with clients regarding their account statuses, maintaining open lines of communication with regular status meetings.
  • Analyze reasonableness of revenue and expenses (i.e. fluctuations, missing checks, NRI and WI accuracy, new wells coming online, etc.)
  • Validate production data and verify pricing.
  • Annual 1099 processing and property tax reporting.
  • Generate journal entries to facilitate joint billing activities throughout each month.
  • Prepare and process monthly joint interest billings, including invoice preparation and timely delivery to interest owners.
  • Conduct a thorough review of charges associated with joint interest billing.


Skills

  • Ability to meet established monthly close deadlines and clearly communicate unexpected issues.
  • Respond to inquiries in a professional and timely manner.
  • Excellent organization skills.
  • Communicate effectively with ownership, management, and accounting team members.
  • Maintain client confidence and protect operations by keeping information confidential.
  • Multi-task and transition seamlessly between clients.
  • Proficiency in Microsoft Excel and Oil & Gas accounting software (Integra, WolfPak, Bolo).


Education/Experience

  • Bachelor’s degree in Accounting, or related field, is a plus.
  • 5+ years of experience in accounting and financial reporting in the oil and gas industry
  • APA, CPA or equivalent certification is strongly preferred.

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