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Director – Operational Accounting in Houston, TX at Lucas Group

Date Posted: 12/9/2018

Job Snapshot

Job Description


This is a highly visible, key role for the organization and will provide complete oversight of  all areas of operational accounting including the General Ledger, AP, JIB and Revenue functions and will report directly to the VP, CAO & Controller.  

•    Manage and develop staff this position will supervise 4 direct reports

•    Review day-to-day transactions in accordance with SOX controls and internal financial reporting guidelines

•    Primary contact  for Audit including  SOX 404 compliance and internal/ external  audits 

•    Responsible for ensuring  a timely month end close including monthly binder is properly completed and documented

•     Process improvements - identify areas for improved efficiency and implementation of same.

•   AFE setups in accounting system (Ogsys) including spend review, trend analysis and accuracy

•    Review & approve Capex accrual including, analyzing  review meeting notes,writing commentary and presentation of results to Sr. Management

•   Oversight of all accounting processes for related-party  company; including managing relationship with services provider, inter-company, and cash entries, and supporting financial reporting

•  Ensure banking information is completed and manage AP routing process through  DocVue

•    Prepare weekly cash forecast with Treasury 

•    Manage vendor credit limits, review vendor financials and  credit applications

•   Review AP subledger reconciliations, aging with notes for close

JIB & Revenue

•    Manage partner cash calls 

•    Manage relationships with  high dollar vendors

•    Ensure accurate processing of offshore allocations 

•    Handle AP questions regarding JIB processing; review JIB accuracy and completeness prior to invoicing through EnergyLink

•   Review and approval of monthly revenue accrual 


•    BBA Accounting and active CPA license required

•    Minimum of 10 years direct experience in E&P accounting, operated properties required, offshore operated a strong plus

•    Public accounting experience preferred

•   Strong communication skills with all levels essential

•    Detailed and deadline focused

•    Ideal candidate thrives in a fast-paced, always-evolving environment and operates with a high sense of urgency

Compensation & Benefits

•    Competitive compensation based and a strong performance-based cash bonus.
•    100%  Paid medical, dental, vision for entire family 

•    401k,  Paid parking/bus, Gym Membership 

•    Vacation - 3 weeks, plus sick days & holidays