What are the responsibilities and job description for the Corporate Accountant position at Flywheel Energy?
Job Summary:
The Corporate Accountant will play a key role in maintaining accurate financial records and supporting corporate-level reporting for an Oil & Gas organization. This role will be responsible for monthly close activities, account reconciliations, financial reporting, and ensuring compliance with industry-specific accounting standards such as successful efforts (SE) or full cost (FC) accounting. The ideal candidate will have strong attention to detail, a solid understanding of Oil & Gas accounting practices, and the ability to work in a fast-paced, deadline-driven environment.
Key Responsibilities:
Prepare and post monthly journal entries for corporate entities.
Complete monthly, quarterly, and annual financial statements and internal reporting packages.
Maintain the general ledger and ensure accuracy of financial data.
Assist with consolidation of multiple subsidiaries or business units.
Reconcile key balance sheet accounts and resolve variances.
Prepare entries related to asset retirement obligations (ARO), depletion, depreciation, and amortization (DD&A).
Assist with revenue, joint interest billing (JIB), and production accounting data as needed.
Prepare audit schedules and support external auditors during annual audits.
Support budgeting and forecasting processes with accurate accounting data.
Prepare audit schedules and assist with external financial audits.
Ensure compliance with SOX/internal controls and company policies.
Participate in process improvements to streamline accounting workflows.
Qualifications:
Required Qualifications:
Bachelor’s degree in Accounting, Finance, or related field.
2 years of accounting experience; Oil & Gas experience preferred.
Strong understanding of GAAP.
Proficiency in Excel and accounting software
Strong analytical, organizational, and problem‑solving skills.
Preferred Qualifications:
CPA or progress toward CPA.
Experience with SEC reporting or public-company environments.
Prior work with upstream or midstream operational accounting.
Strong attention to detail and accuracy.
Ability to manage multiple priorities and meet deadlines.
Professional communication skills and ability to work cross-functionally.
High level of integrity and commitment to quality.
Salary.com Estimation for Corporate Accountant in Oklahoma, OK
$59,589 to $72,758
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data Sets
What is the career path for a Corporate Accountant?
Sign up to receive alerts about other jobs on the Corporate Accountant career path by checking the boxes next to the positions that interest you.
Job Summary: The Network Engineer is responsible for implementing, maintaining, and documenting the company’s network infrastructure to ensure high availab...more
Job Summary The Regulatory Specialist is responsible for ensuring company operations comply with all federal, state, and local regulations within the oil a...more
Position Summary I & E Technician III is a senior level position that serves as the primary technical resource for instrumentation, control systems, and au...more
Responsible for moving and operating a mobile diesel pump on oil & gas locations to manage produced water. Will also be required to record tank levels, vol...more
Your Next Accounting Opportunity Might Be One You Haven't Considered. When most accountants think about their career options, they picture public accountin...more
At Devon, we will offer you a career full of energy and unmatched opportunities to solve today’s greatest challenges. Innovation, creative problem-solving ...more