Financial Accounting & Reporting Accountant

Company: IKAV Energy Inc
Location: Houston
Posted on: March 26, 2025

Job Description:

IKAV Energy Inc is a private E&P company with its US headquarters in Durango, Colorado, and belongs to the global energy infrastructure group, IKAV. IKAV has worldwide offices in Hamburg, Luxembourg, Milan, Madrid, Lisbon, Munich, and Paris and has launched its US franchise in 2019 managing and operating a billion-dollar portfolio on a long-term basis. At IKAV, teamwork is at the heart of our operations and is only strengthened by the many diverse and professional backgrounds that shape our team. IKAV believes in flat hierarchies and the empowerment of team members. In return, we expect exceptional motivation, a high degree of independent thinking, and the ability to spot opportunities for optimization and growth.Duties and ResponsibilitiesMonth-end close responsibilities, including evaluation of monthly process and implementation of process changes as neededCalculate and record monthly entries for debt, derivatives, and lease accounting, in conjunction and coordination with operations and finance team; ensure all work has appropriate supporting documentationPrepare monthly, quarterly, and annual financial statements, conduct period over period analysis, budget comparison, and review with executive leadership teamPrepare monthly cash account reconciliations, working closely with operations and finance/accounting team members to validate coding of cash receipts and cash paymentsManage census reporting requirementsCoordinate ad valorem tax processes in conjunction with the Revenue team, and work with tax provider to provide the necessary informationAssist with financial and operational budgeting, forecasting, and variance analysis processes and reporting to the executive leadership teamHold relationships within the organization that allow management of and adherence to the monthly financial close process and scheduleAssist in the review and development of accounting policies, special projects and process improvement initiatives including communicating any accounting issues and resolutions to impacted groupsPrepare, review, and analyze supporting schedules and disclosures for both internal and external financial reportingIdentify, manage, and execute on opportunities to automate reporting and analysis processesRespond timely and accurately to inquiries from auditorsThe successful candidate will have strong critical thinking skills and the ability to independently solve problems. The successful candidate will also have the skills necessary to identify and lead projects and see them through to completion. This may include initiatives for cost reductions, efficiency gains, and process improvements. Solid knowledge of U.S. GAAP and financial reporting requirementsMinimum of 5 years' experience, upstream oil and gas industry experience a plusMinimum of 5 years' financial planning, accounting and reporting experienceBachelor's degree in accounting required; CPA is a plusExperience with W Energy, SAP, and Microsoft PowerBI a plusExperience working in a growing start up environment strongly preferredAbility to prioritize work, meet deadlines and produce quality results on time with strong attention to detailsFlexibility to grow and change with company needsAbility to work independently and as part of a teamPIc903810ede4c-25660-37241718

Keywords: IKAV Energy Inc, Houston , Financial Accounting & Reporting Accountant, Accounting, Auditing , Houston, Texas