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  • Job reference: RMS0127999

Investment Accounting Analyst

  • Sector: Commercial
  • Location: Houston
  • Job type: Contract
  • Date posted: 09/07/2013
  • Time left:
    d h m s
This vacancy has now expired.
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The Company:
A major operator is seeking a 1+ year contract Investment Accounting Analyst based in Houston, TX. This position requires a well-organized, analytical individual to perform fixed asset and AFE accounting in SAP for leasehold and well activity for global asset portfolio.

Additionally, the role performs related analysis, reconciliation and reporting.

The Role:
• Review completed AFE forms for compliance with company policy
• Create, maintain and release AFEs in SAP
• Settlement of Leasehold, Vehicle, Seismic and Well AFE’s
• Create final assets in SAP and begin depreciation
• Coordinate and record monthly Capex Accruals
• Record and manage all US lease acquisitions
• Prepare and Maintain Acquisition schedules to track acreage/costs
• Transfer Leasehold from Undeveloped to Developed
• Retirement of expired leases and lease relinquishments
• Perform DDA and leasehold spend variance analysis
• Understand Abandonment and Restoration Obligations processes
• Complete leasehold reporting and ad hoc analysis
• Perform Balance Sheet account reconciliations
• Data conversion from SAP legacy to new system for AM, PS, and IM

Essential Skills / Qualifications:
• Working knowledge of SAP Asset (AM), Project (PS), (IM) Investment
• Management modules and SAP Business Warehouse Reporting Tool.
• Strong PC skills, including Microsoft Outlook, Excel and Word, e-forms and documentum
• Knowledge of oil and gas successful efforts and fixed asset accounting
• Understanding of Internal Controls and SOX compliance requirements
• Experience in SAP data conversion is a plus
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