Point your AI agent at freehire and let it find you a job.

Get the CLI →

Flywheel Energy

NewBe an early applicant

Assistant Controller - Production, Revenue and Regulatory/Compliance Accounting

Posted Updated
Discussion

Job Summary:

The Assistant Controller is a key leadership role responsible for overseeing upstream oil and gas Production, Revenue and Regulatory/Compliance Accounting activities. This role requires a strong technical accounting foundation, deep industry accounting expertise, and the ability to partner closely with Operations, Land, Marketing/Midstream, and Finance. The ideal candidate enjoys managing complex accounting processes, developing talent, leveraging technology, and driving continuous improvement to enhance financial accuracy, efficiency, and compliance.

Key Responsibilities:

  • Direct Revenue, Production & Regulatory Accounting by supporting the respective functional leaders, establishing priorities, accountability, performance expectations and development plans.

  • Oversee accurate well-level production, allocations, measurement, inventory, fuel/flare/use, gathering statements, and reconciliation from field measurement through revenue volumes. Ensure the resolution of volume imbalances and discrepancies.

  • Oversee operated and non-operated revenue accounting, purchaser statements, suspense, escheatment considerations and owner payments.

  • Oversee timely and accurate production, severance tax, royalty and other required filings with state and federal agencies, including ONRR/BIA obligations, where applicable.

  • Maintain effective internal controls over production, revenue and regulatory processes.

  • Serve as an accounting liaison between Operations, Land, Marketing/Midstream, Measurement, Engineering, Tax and Finance.

  • Ensure revenue-related AR, accrued revenue, royalties payable, production/severance taxes, suspense and other assigned accounts are reconciled.

  • Oversee the standardization of processes across basins/acquisitions, reduce manual work, improve data interfaces and reporting, establish and measure KPIs, and identify automation opportunities.

  • Drive timely completion of the monthly close cycle, including the review and approval of journal entries, accruals, and account reconciliations.

  • Support the Operations Controller in mentoring, developing, and leading a high-performing accounting team while fostering a collaborative and accountable culture.

  • Oversee full-cycle upstream accounting activities, including revenue, joint interest billing (JIB), accounts payable, production accounting, and financial reporting coordination.

  • Manage and support month-end, quarter-end, and year-end close processes, ensuring timely, accurate, and complete financial reporting.

  • Review and approve journal entries, account reconciliations, and financial close deliverables.; perform variance analysis against budget, forecast, and prior periods.

  • Assist with the preparation, review, and coordination of annual audited financial statements and supporting schedules, ensuring compliance with GAAP and internal controls.

  • Serve as a primary point of contact for external auditors, tax advisors, and third-party service providers.

  • Partner cross-functionally with Operations, Land, Revenue, FP&A, and other business teams to ensure accurate financial representation of business activities and performance.

  • Identify, assess, and implement process improvements, system enhancements, and special projects to improve efficiency, controls, and data quality.

  • Leverage accounting systems, reporting tools, and automation to streamline workflows and improve business insights.

Skills

See also

Finance jobs by country — openings, pay and top skills →

Tailor your CV for this role?

We couldn't check your fit for this role — add a CV to your profile to see it next time.

A new version of freehire is available