Apply on Employer Site

Private Company · 2 days ago

Business Unit Controller

Midland, TX

Full-time

Onsite

Senior Level

7+ years exp

Private Company is a growing oilfield services company supporting Permian Basin operations, and they are seeking a Controller to oversee all accounting operations. This role is responsible for financial reporting, cost accounting, compliance, internal controls, and providing financial insights to operational leadership.

Marketing & Advertising

Responsibilities

Lead monthly, quarterly, and annual close processes

Prepare and review GAAP-compliant financial statements

Ensure accurate revenue recognition (percentage-of-completion, day rates, or service-based billing as applicable)

Maintain general ledger integrity and chart of accounts

Maintain strong internal controls and accounting policies

Ensure compliance with federal, state, and local tax requirements

Coordinate audits, reviews, and lender reporting

Manage sales/use tax, property tax, and multi-state filings as applicable

Lead budgeting, forecasting, and variance analysis for the business segment

Oversee AR/AP, billing, collections, and vendor payments

Monitor cash flow, credit facilities, and covenant compliance

Improve working capital processes and DSO

Manage and develop the accounting team

Implement and improve accounting systems, processes, and reporting tools

Collaborate cross-functionally with operations, HR, and executive leadership

Support ERP or accounting system optimization (e.g., NetSuite, Sage, Oracle, QuickBooks Enterprise)

Qualification

CPAOilfield services accountingJob costingAccounting team managementFinancial reportingBudgetingForecastingComplianceInternal controlsERP optimization