Whitley Penn · 1 day ago
Accounting Associate - Oil and Gas
Whitley Penn, a leading CPA and Consulting firm, is looking for an Associate to join their Energy team. The Associate will demonstrate knowledge of Generally Accepted Accounting Principles related to Oil & Gas Accounting and will be responsible for conducting outsourced accounting functions and special projects under supervision.
AccountingProfessional Services
Responsibilities
Participate on client engagements where you will develop an understanding of the entire engagement process and gain real-world accounting and business knowledge
Monitor accounts payable and accounts receivable
Prepare daily receipts, monthly revenue intake sheets, spreadsheets files and inter-company reports
Monitor and ensure that all monthly transactions are accurately recorded
Participate in monthly, quarterly and yearly accounting cycles and prepare monthly financial statements
Coordinate JIB, revenue and other monthly accounting processes
Perform monthly revenue related tasks and analysis, including monthly revenue close process and reconciliations related to deferred revenue accounts
Support external audit activities
Identify, measure and analyze data
Learn to communicate and proactively work with clients to build trust-based relationships and gather information needed to conduct assignments in an organized and efficient way
Learn how engagement budgets connect to firm financial results and how to manage your personal billable hours to engagement budgets
Develop knowledge of the firm, including its professional capabilities
Participate in community organizations/events through volunteer and networking opportunities
Participate in professional development and training sessions throughout the year
Participate in the firm’s annual performance management and goal setting process
Qualification
Required
1-2 years of experience in Oil & Gas accounting and analysis, demonstrating a progression in complexity, scope and number of engagement assignments
BA or Master's in accounting or financial management
Basic knowledge of Generally Accepted Accounting Principles and Generally Accepted Auditing Standards, specifically related to Oil & Gas Accounting
Familiarity with ARO, Depletion, Impairment and other industry specific calculations
Proficiency in Microsoft Office Excel
Proficiency in WolfePak and/or Ogsys accounting software
A positive attitude
A professional appearance and demeanor
An eagerness to learn and acquire new skills and knowledge
Excellent analytical and problem solving skills
A strong work ethic, strong time management skills and the ability to meet deadlines in a fast-paced environment; responsible and self-motivated
Organizational skills and ability to multi-task
Strong communication skills, both orally and in writing
Ability to work respectfully and productively with diverse individuals in a variety of roles
Preferred
CPA or CPA eligibility preferred
Benefits
Firm Paid Medical Insurance (Free Employee Only Coverage on 2 of 3 plans)
Voluntary Dental and Vision Insurance
17 Annual Firm holidays, with extended summer & winter breaks
20 days PTO for Salaried Employees
Paid Maternity and Parental Leave
401(k) with Profit Sharing
Discretionary Bonus Program
Firm Paid Becker CPA Review Course & Reimbursement for Exam Fees
Health & Wellness Program
Pet Insurance
Company
Whitley Penn
Whitley Penn is a Texas-based full service public accounting firm.
H1B Sponsorship
Whitley Penn has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (3)
2022 (2)
2021 (3)
Funding
Current Stage
Late StageRecent News
2026-01-03
2025-12-01
PR Newswire
2025-11-11
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