Flywheel Energy, LLC

Senior Accountant - Revenue

Flywheel Energy, LLC  •  Houston, TX (Onsite)  •  17 days ago
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Job Description

Job Location: Houston Office - Houston, TX 77084Position Details:
Located in Houston, Texas and reporting to the Supervisor of Revenue Accounting.  Main responsibility of this position is integral to the month-end close cycle and will be responsible for booking revenue, posting journal entries, processing accruals, and reconciling assigned accounts for specific properties.  In addition, this position will assist in preparing year-end work papers and documentation and ensuring compliance with appropriate regulations, policies, and internal control safeguards. Other responsibilities of this role will include assisting with special projects, research, and revenue inquiries. The Senior Revenue Accountant will also prepare specific reports and analysis as requested and under the direction of management.
Duties and Responsibilities:
- Accurately record monthly revenue, royalty, and transportation costs for assigned properties.
- Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
- Prepare reconciliations and variance analysis for property activities.
- Special projects include research, analysis and creating associated support and schedules.
- Cooperate with other departments in providing information as required or requested.
- Confirm and maintain royalty ownership decks with Land Department
- Research and respond to revenue inquiries.
- Document processes and procedures for revenue and royalty accounting
- Perform other duties as directed by supervisor.

Qualifications

Qualifications Minimum Requirements:
- A bachelor’s degree in accounting or a closely related field
- At least three to five years’ experience as a Revenue Accountant with an E&P company
- Oil and Gas experience is required.
- Strong MS Excel skills a must
Preferred Requirements:
- Experience using Enertia or W Energy.
Flywheel Energy, LLC

About Flywheel Energy, LLC

Flywheel Energy is a private exploration and production company formed to provide American consumers with reliable, affordable energy by acquiring and sustainably operating large, producing onshore U.S. oil and gas assets.

In August of 2018, the Fund committed a second time to the management team with $700 million of equity in the form of the newly-formed Flywheel Energy. Flywheel Energy is a private exploration and production company formed to acquire and operate large, producing onshore U.S. oil and gas assets with an emphasis on the Rockies and Mid-Continent.

Concurrent with the new commitment, Flywheel signed a definitive agreement to acquire Southwestern Energy’s legacy gas properties and affiliated midstream business in the Fayetteville Shale in Arkansas for $1,865 Million. With this acquisition, Flywheel entities will have made almost $2.1 billion of acquisitions since 2017.

Industry
Oil, Gas & Mining
Company Size
201-500 employees
Headquarters
Oklahoma City, Oklahoma
Year Founded
2017
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