Flywheel Energy, LLC

Senior Production Accounting Analyst

Flywheel Energy, LLC  •  Oklahoma City, OK (Onsite)  •  3 months ago
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Job Description

Job Location: Oklahoma City Office - Oklahoma City, OK 73102
Position Type: Full TimeEducation
Level: 4 Year Degree
Travel Percentage: Up to 25%
Job Shift: Day
Job Category: AccountingJob

Summary
The Senior Production Accounting Analyst is responsible for overseeing and performing complex production accounting functions for operated and non-operated oil and gas assets. This role ensures accurate reporting of production volumes, revenue distribution, regulatory compliance, and reconciliation of production data. The Senior Analyst serves as a subject matter expert, provides mentorship to junior staff, and collaborates cross-functionally with operations, revenue accounting, land, and finance teams.
Key Responsibilities
- Analyze and process daily, monthly, and annual production volumes for oil, gas, NGLs, and water.
- Reconcile production data between field systems, regulatory filings, and accounting systems.
- Review and validate allocations, imbalances, shrink, fuel usage, and flare volumes.
- Coordinate and resolve discrepancies with field operations, marketing, revenue accounting, and third-party operators.
- Review and approve production allocations and system setups for new wells and acquisitions.
- Perform production data analysis to ensure accuracy prior to revenue distribution.
- Support internal and external audits by providing documentation and responding to inquiries.
- Assist with system implementations, upgrades, and process improvements.
- Develop and document policies and procedures to ensure compliance and efficiency.
- Train and mentor junior production accounting staff.
- Participate in special projects including acquisitions, divestitures, and due diligence efforts.

Qualifications

Required Qualifications:
- Bachelor’s degree in Accounting, Finance, Energy Management, or related field required.
- 5+ years of progressive production accounting experience in the oil and gas industry.
- Strong knowledge of operated and non-operated properties.
- Experience with allocation methodologies and production reporting requirements.
- Proven experience in oil and gas accounting.
- Proficiency in production accounting systems
- Advanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, data analysis)
- Familiarity with regulatory reporting requirements (state and federal).
- Understanding of revenue accounting flow and joint interest billing (preferred)
- Strong analytical and problem-solving skills.
- High attention to detail and accuracy.
- Ability to manage multiple deadlines in a fast-paced environment.
- Excellent communication and collaboration skills.
- Leadership and mentoring capability.
- Process improvement mindset.
Preferred

Qualifications:
- Public accounting experience (preferred but not required).
- Experience with acquisitions and divestitures.
- Knowledge of production data automation tools and reporting software.
- Experience working with large-scale operated assets.
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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