Position Description:
CGI’s Oil & Gas Consulting Practice is seeking candidates for Entry Level (full-time) Oil and Gas Accountant positions for our growing team in Dallas, Texas. Applicants must have strong working knowledge of Excel and strong preference is given for candidates with prior Oil and Gas Industry domain knowledge or school focus. This is a unique opportunity to get in on the ground floor of a global company where you will work within a great team with strong mentorship capabilities and learn advanced/modern software programs.
What you will gain out of working with CGI’s Oil and Gas Practice:
• Learn how to perform research related to operator statements and report results to project team
• Gain an understanding of how legal structure functions between operatorship and non-operatorship related to JIB accounting
• Understand, review, and research general ledger accounts related to JIB process
• Gain analytical skills dealing with JIB variances and learn how to provide reasonable explanations with supporting documentation for related variances.
• Gain the ability to understand and to interpret the terms of Joint Operator Agreements/Purchase Sale Agreements and apply relevant terms to JIB setup and process
• Assist with setting up and maintaining AFEs, process cash calls, and related prepayments
• Learn how to receive and process JIB/vendor payable invoices to accounting system, and gain an understanding of the JIB cutback process
• Learn how to identify and apply appropriate coding to JIB/vendor invoices for LOE, Capex, and related expense accounts
• Learn how to analyze acquisition data and integrate such data into all segments within all systems
• Assist with preparing monthly account reconciliations and prepare necessary journal entries
• Learn how to create Adhoc reports as needed to assist with reporting analysis
• Learn how to test software patches/upgrades to accounting system in Train /Testing environment
• For general ledger accounts, vendors, wells, leases, AFE, working interest/division of interest decks, learn how to understand all system attributes and the interface relationship between these attributes and system reports
Your future duties and responsibilities:
• Fixed asset accounting duties and related depreciation
• Processing and coding of expenses and royalty payments
• Participate in the month end close process including account reconciliation and journal entry preparation.
• Preparing monthly revenue accruals and journal entries, monthly revenue account reconciliations, monthly financial analysis, and prior period adjustments (PPAs).
• Process revenue for non-operated properties
• Maintain policies and procedures related to specific job duties
• Revenue check-write payment review
• Work with the JIB Accounting team on Joint Interest Billing (JIB) analysis and reporting
Required qualifications to be successful in this role:
Technical Skills:
• Advanced Excel Skills
• Strong analytical skills and ability to create and/or improve processes
• Ability to work well in a team environment
• Develop relationships and communicate effectively with various areas of the organization
• Strong time management skills and ability to work in a fast-paced environment while ensuring accuracy
Education:
BS Degree in Accounting or Finance
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