Staff Accountant – Energy Revenue Accounting

Job Description

Staff Accountant | LHH

The Tone:
This is a full-time Staff Accountant role with a hybrid work model, based in Dallas, TX, for a well-established organization within the energy industry. This position represents an excellent opportunity for an ambitious accounting professional ready to apply a strong understanding of Generally Accepted Accounting Principles (GAAP) and honed analytical skills. You will play a crucial part in maintaining the integrity of financial records, specifically by supporting essential revenue accounting activities. This role offers significant potential for professional growth and development within a vital and complex industry.

The TL;DR
• Role: Early Career
• Location: Hybrid Dallas, TX

• Mission: To ensure the accuracy and completeness of financial records, specifically by providing robust support for revenue accounting activities related to land, leases, and resource management within the energy sector.
• Tech Stack: Comprehensive Microsoft Office Suite, including expert-level proficiency in Excel, alongside Word and Outlook.

What You’ll Actually Do
• Financial Support: Provide essential support to the senior accounting team on financial activities pertaining to land, leases, and resource management within the organization.
• Revenue Accounting: Accurately calculate and record all monthly revenue streams, specifically those derived from surface rights, leases, easements, and material sales, including processing oil and gas royalty payments and related revenue deposits.
• Reporting & Reconciliation: Assist in the preparation of monthly financial statements, perform thorough general ledger reconciliations, and execute necessary journal entries to maintain financial integrity.
• Discrepancy Resolution & Analysis: Investigate and effectively resolve any accounting discrepancies to ensure the accuracy and completeness of financial records, concurrently preparing monthly, quarterly, and annual financial fluctuation analyses.
• Cash Management & Compliance: Prepare daily treasury reports and contribute to cash forecasting and transaction management, while also maintaining accounting records in accordance with GAAP and developing an understanding of the organization’s legal entities and business operations.

The Must-Haves
• Background: Requires a Bachelor’s degree in Accounting, providing a solid academic foundation in financial principles and practices.
• Experience: A minimum of 1–2 years of hands-on accounting experience is preferred, demonstrating practical application of core accounting functions.
• Skills: Must possess a strong understanding of Generally Accepted Accounting Principles (GAAP) and core accounting principles; proficiency across the Microsoft Office Suite, especially with Excel, Word, and Outlook, is essential; demonstrate strong written and verbal communication skills, coupled with the confidence to communicate directly and collaborate effectively with diverse teams across all organizational levels.
• Bonus: Candidates with current CPA licensure or active progress toward CPA certification are highly preferred, as is previous experience within the oil and gas or broader energy industry.