What are the responsibilities and job description for the Accounting Associate position at Diversified Energy Company?
Company Profile
Diversified Gas & Oil Corporation (“DGOC”) is a wholly-owned subsidiary of Diversified Energy Company PLC, a US-based company listed on the New York Stock Exchange (NYSE) and London Stock Exchange (LSE) under the ticker symbol “DEC”. Diversified Gas & Oil Corporation (DGOC) is an established owner and operator of producing conventional and unconventional natural gas & oil wells and midstream pipelines and compression stations concentrated in the Appalachian Basin in the United States. Headquartered in Birmingham, AL, our field operations are located throughout the Appalachian Basin in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. In 2021, Diversified announced our expansion into our Central Regional Focus Area, which includes producing areas within Louisiana, Texas, Oklahoma, and Arkansas.
POSITION SUMMARY & RESPONSIBILITIES:
The Accounting Associate will support the accounting operations for Next LvL Energy, focusing on accurate financial reporting, cost tracking, and compliance related to well retirement activities. This role is ideal for detail-oriented professionals who thrive in a dynamic environment and want to contribute to energy transition initiatives.
Special focus to be placed on:
Diversified Gas & Oil Corporation (“DGOC”) is a wholly-owned subsidiary of Diversified Energy Company PLC, a US-based company listed on the New York Stock Exchange (NYSE) and London Stock Exchange (LSE) under the ticker symbol “DEC”. Diversified Gas & Oil Corporation (DGOC) is an established owner and operator of producing conventional and unconventional natural gas & oil wells and midstream pipelines and compression stations concentrated in the Appalachian Basin in the United States. Headquartered in Birmingham, AL, our field operations are located throughout the Appalachian Basin in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. In 2021, Diversified announced our expansion into our Central Regional Focus Area, which includes producing areas within Louisiana, Texas, Oklahoma, and Arkansas.
POSITION SUMMARY & RESPONSIBILITIES:
The Accounting Associate will support the accounting operations for Next LvL Energy, focusing on accurate financial reporting, cost tracking, and compliance related to well retirement activities. This role is ideal for detail-oriented professionals who thrive in a dynamic environment and want to contribute to energy transition initiatives.
Special focus to be placed on:
- Prepare and post journal entries for subsidiary transactions.
- Maintain accurate records of well retirement costs and related accruals.
- Assist with monthly close processes, including reconciliations and variance analysis.
- Support accounts payable and receivable functions for Next LvL Energy.
- Collaborate with project managers to ensure proper cost allocation and reporting.
- Assist in preparing financial statements and reports for internal and external stakeholders.
- Ensure compliance with GAAP and company policies.
- Provide documentation for audits and regulatory filings.
- Bachelor’s degree in Accounting, Finance, or related field.
- 1-3 years of accounting experience (energy sector preferred).
- Strong understanding of GAAP principles.
- Proficiency in Microsoft Excel and ERP systems.
- Excellent attention to detail and organizational skills.
- Ability to work independently and as part of a team.
- Prolonged periods working at a desk in front of a computer.
- Must be able to lift up to 15 pounds at a time.