What are the responsibilities and job description for the Senior Production Accounting Analyst position at Flywheel Energy?
Job 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.