Controller

Discovery Natural Resources LLC is a domestic, onshore exploration and production company with over 1,000 wells in operation in Texas.

The Controller position will report to the Chief Accounting Officer.

Primary Responsibilities

• Review complex monthly journal entries, including derivatives, ARO, DD&A, debt, business combinations, etc.
• Supervise JIB, AP and revenue functions, including analytical procedures related to key operating metrics and certain monthly responsibilities including the following:
  • Complete analytical procedures to ensure accuracy of well coding, accuracy of material transfers, cost allocations
  • Maintain effective communication with operations, accounting personnel and personnel from other functional areas.
• Perform financial analysis of actual results against budget/forecast and have an understanding of the business activity and industry accounting guidance to ensure financial statements are reported in accordance to GAAP.
• Process Improvement – Demonstrate an understanding of various accounting processes and an ability to identify root causes for issues and develop and propose opportunities for improvement.
• Process Documentation – Work with various departments annually to update key controls, process narratives, and flow charts.
• Special Project assignments – Lead accounting project initiatives to develop project leadership skills. Lead implementation of new systems and processes.
• Evaluate complex transactions (such as accounting for business combinations) and record to the GL as necessary to ensure the financials are accurate and complete.
• Preparation of monthly financial statements, including the monthly reporting package, which includes detailed analysis of revenue, operating costs, G&A, CAPEX.
• Preparation and issuance of the audited financial statements, including interacting with the external audit team.
• Assist Chief Accounting Officer with key treasury functions, including banking controls, cash forecasting, hedging etc.
• Internal Audit support – Responsible for working with the internal auditors on the execution of ongoing audits. This includes providing them with requested information in a timely manner as well as responding to questions and resolving outstanding action items.
• Review, manage and mentor accounting staff.

Education and Experience

• Bachelor’s degree in Accounting; CPA and Master’s degree strongly preferred.
• Oil & gas experience required.
• 5+ years of management experience preferred.

Skills and Knowledge

• Commitment to Discovery Natural Resources expectations and core values.
• Ability to multitask and work in a fast-paced, dynamic and changing environment with a focus on meeting deadlines
• Strong knowledge and understanding of US GAAP accounting rules and practices
• Driven, goal-oriented personality
• Strong communication skills, both written and verbal
• Advanced proficiency in Microsoft Excel and PowerPoint

Compensation and Benefits

• Estimated pay range: $175,000 – $225,000 (depending upon experience of the successful candidate)
• Eligible for short- and long-term incentives
• Medical, dental and vision insurance
• Short and long-term disability coverage
• Basic life and AD&D insurance
• 401(k) retirement plan with a 6% company match. 100% vest of employer contributions immediately.
• Paid vacation and sick time
• Hybrid work from home schedule available
• 9/80 work schedule

*Frequently sit for extended periods of time. Regularly view a computer screen for extended periods of time. Regularly type on a keyboard and/or perform data entry continuously. Occasionally may be required to reach, squat, bend and lift up to 10 lbs (files or documents). May also require occasional lifting of heavy objects (30+ lbs).