What are the responsibilities and job description for the Assistant Controller - Production, Revenue and Regulatory/Compliance Accounting position at Flywheel Energy?
Job Summary
The Assistant Controller is a key leadership role responsible for overseeing upstream oil and gas accounting activities for basin operations. This role requires a strong technical accounting foundation, deep oil and gas accounting expertise, and the ability to partner closely with operations, finance, and leadership. The ideal candidate enjoys managing complex accounting processes, developing talent, leveraging technology, and driving continuous improvement to enhance financial accuracy, efficiency, and compliance.
Key Responsibilities
Oversee fullcycle upstream accounting for Rockies Basin assets and legal entities, including revenue, joint interest billing (JIB), accounts payable, production accounting and financial reporting coordination.
Manage and support monthend, quarterend, and yearend close processes, ensuring timely, accurate, and complete financial reporting.
Review and approve journal entries, account reconciliations, and financial close deliverables; perform variance analysis against budget, forecast, and prior periods.
Assist with preparation, review, and coordination of annual audited financial statements and supporting schedules, ensuring compliance with GAAP and internal controls.
Serve as a primary point of contact for external auditors, tax advisors, and thirdparty service providers related to Rockies Basin activities.
Partner with Operations, Land, Revenue, and FP&A teams to ensure accurate financial representation of field activity and business performance.
Identify, assess, and implement process improvements, system enhancements, and special projects to improve efficiency, controls, and data quality.
Leverage accounting systems, reporting tools, and automation to streamline workflows and improve insight.
Support the Controller in mentoring, developing, and leading a highperforming accounting team while fostering a collaborative, accountable culture.
Qualifications:
Required Qualifications:
Bachelor’s degree in Accounting or Finance
8 years of progressive accounting experience, including leadership or supervisory responsibilities
Strong experience in upstream oil and gas accounting
Solid understanding of GAAP, internal controls, and financial reporting requirements
Proven ability to manage competing priorities in a fastpaced environment
Strong analytical, problemsolving, and attentiontodetail skills
Effective communicator with the ability to collaborate across multiple functions and levels of the organization
Proficiency in Microsoft Office 365, particularly Excel (pivot tables, lookups, logical formulas, and large data sets)
Preferred Qualifications:
CPA designation
Public accounting experience
Experience supporting multientity or basinlevel accounting structures
Familiarity with accounting and reporting systems commonly used in oil and gas (e.g., ERP, production accounting)
Experience with data analysis tools, reporting automation, or SQL
Salary.com Estimation for Assistant Controller - Production, Revenue and Regulatory/Compliance Accounting in Oklahoma, OK
$145,207 to $186,810
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