Production Accounting Analyst

January 6

🤠 Texas – Remote

Although this job is listed in Texas, this company may be open to hiring remote in other states.

⏰ Full Time

🟡 Mid-level

🟠 Senior

🧾 Accounting Manager

🦅 H1B Visa Sponsor

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Wood

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Wood is an industry-leading consultancy and engineering company dedicated to designing the future of energy and materials. Wood operates in diverse markets such as oil and gas, carbon capture, hydrogen, power, renewables, chemicals, life sciences, and minerals and metals. The company specializes in optimizing and decarbonizing industrial assets to address some of the world's most critical and complex challenges. Wood offers digital solutions and engineering services to increase efficiency and support sustainability, focusing on areas like methane reduction, carbon advisory, clean fuels production, and industrial asset integrity. With a commitment to making the world a better place, Wood positions itself as a leader in the energy transition and digital transformation of industries.

Engineering • Project Management • Construction Management • Procurement • Production Support

10,000+ employees

Founded 1982

⚡ Energy

📋 Description

• Responsible for the monthly production accounting for all areas of Eagle Ford. • Generate monthly volumetric upload file and reconcile volumes. • Accurate and timely bookings and reporting of production volumes. • Validate production data; verification of production monthly statements. • Analyze sales volume determinations, meter volume data. • Oversee monthly close process and facilitate knowledge transfer to other staff the process. • Assist in responding to internal and external audits requests for documentation and explanations. • Follow all internal controls related to production accounting. • Investigate and help resolve interface issues between systems. • Assess any new production system for accuracy and efficiency with regards to production allocation. • Coordinate and provide weekly reconciliation between Energy Components and Global production reporting system. • Assist in preparation and presentation with Allocation Engineer current monthly estimate through CME process to management and accounting. • MOC package creation for wells in purview. • Creation and maintenance of setups in Production Accounting systems. • Working daily with EFBU operational and measurement personnel to ensure data integrity of daily data within Energy Components and support to identify anomalies. • Validation, Analysis and reconciliation of daily/monthly volumes for oil/gas/water; troubleshooting of volume discrepancies and identifying trends in Energy Components. • Ensure all communication corrections for daily measurement results have been reflected in Energy Components for prior validated gas days. • Coordinate with EFBU operational personnel to ensure daily and weekly production actuals/forecast and variance explanations are accurate and reliable. • Ensure Monthly CME (Current Month Estimate) is accurate for current month results. • Compile monthly, Quarterly, Yearly Production related internal and regulatory reporting requirements. • Support daily production results reporting requests. • Ensure well, facility and flow data are accurately reflected in Energy Components. (WI %, Well reference data, Well/Facility Status, etc.) • Acquisition and analysis of data from multiple sources. • Participation in special projects related to Production Accounting. • Participation in system upgrades and testing. • Preparation and analysis of Monthly Prior Period Adjustments in Energy Components. • Any other reasonable activity required by management.

🎯 Requirements

• Legal authorization to work in the US for any US employer • Undergraduate degree in Accounting, Business, or other relevant field of study • 3+ years of Production, Revenue, Royalty and Marketing Accounting experience in the Oil & Gas industry. • Working level proficiency with advanced Microsoft Excel skills (pivot tables and lookups) • Experience with SAP and Production Revenue Accounting systems (Waterfield Energy and Energy Components software preferred). • Solid understanding of production accounting, including allocation methods and reconciliation.

🏖️ Benefits

• Health benefits • 401k • More!