Assistant Controller - Production, Revenue and Regulatory/Compliance Accounting

Job DetailsJob Location: Oklahoma City Office - Oklahoma City, OK 73102Position Type: Full TimeEducation Level: 4 Year DegreeTravel Percentage: NoneJob Shift: DayJob Category: AccountingJob 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.

QualificationsRequired Qualifications

Bachelor's degree in Accounting or Finance.

8+ years of progressive accounting experience, including leadership or supervisory responsibilities.

Strong experience in upstream oil and gas Production, Revenue and Regulatory/Compliance Accounting.

Solid understanding of GAAP, internal controls, and financial reporting requirements.

Proven ability to manage competing priorities in a fast-paced environment.

Strong analytical, problem-solving, and attention-to-detail skills.

Effective communicator with the ability to collaborate across multiple functions and levels of the organization.

Proficiency in Microsoft Office 365, particularly Excel (pivot tables, lookups, logical formulas, and large data sets).

Preferred Qualifications

CPA designation.

Experience supporting multi-entity accounting structures.

Familiarity with accounting and reporting systems commonly used in oil and gas operations (e.g., ERP and production accounting systems).

Experience with data analysis tools, reporting automation, or SQL.