Senior Accountant

Full Time
Houston, TX
Posted
Job description

Senior Accountant needed for a growing energy company in Houston TX.

Job Summary:

Responsible for day-to-day derivative accounting activity and supporting Commercial Operations. The position also has responsibility for ASC 815 (FAS 133) compliance including commodities, foreign exchange, and interest rate transactions.

Essential Duties/Responsibilities:

  • Responsible for recording month-end derivative accounting journal entries.
  • Responsible for preparing monthly and quarterly reconciliations and analysis of derivative results.
  • Responsible for meeting with regional accounting teams to review the impact of derivative activity.
  • Responsible for ensuring all documentation requirements of ASC 815 are met on a timely, accurate basis.
  • Perform derivative accounting research including writing technical accounting memos.
  • Work with the Commercial Operations and Risk Management groups to proactively address the accounting implications related to new derivative transactions.
  • Support derivative accounting system updates.
  • Partner with other business units and/or departments to identify and facilitate business process improvements.
  • Assist with tracking, analyzing, and reporting all derivative transactions including the preparation of related footnotes in SEC filings.
  • Monitor the internal control environment and ensure compliance with SOX Sec. 404 legislation as it relates to the work processes within the derivative accounting department.
  • Assist with special projects as requested.

Working Conditions:

  • Hybrid work schedule; a combination of working remotely from home and 3 days a week in the office.
  • Open office environment.
  • Some overtime is required as special projects arise.
  • Limited travel (<5% of the time)

Minimum Requirements:

  • Bachelor’s degree in accounting with at least two years of experience in general financial accounting and reporting.
  • Experience with complex accounting issues, derivative accounting, or technical accounting.
  • Demonstrated ability to communicate with all levels of internal and external customers.
  • Ability to work independently in team-oriented culture in a fast-paced environment.
  • Proficient with Microsoft Office applications.
  • Experience with SAP or similar ERP system is a plus.

Preferred Qualifications:

  • Knowledge of Aligne/Zai*net or similar trading system is a plus.
  • Prior experience in the energy industry or similar commodity-based business a plus but not required.
  • CPA, CPA eligible, or pursuing CPA is a plus.
  • MBA is a plus.

This company offers a generous base salary, bonus, excellent employee benefits, and a hybrid work schedule!

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