Omni Staffing · 3 weeks ago
Upstream Accountant (Oil & Gas)
Houston, TX
Full-time
Hybrid
Mid Level
$100K/yr - $140K/yrOmni Staffing is seeking an Upstream Accountant to manage property and cost accounting for operated oil & gas assets. The role involves supporting month-end and year-end close processes, maintaining detailed accounting records, and ensuring compliance with GAAP and oil & gas accounting standards.
Staffing & Recruiting
Hiring Manager
Jacob Hummel
Responsibilities
Perform hands-on property and cost accounting for operated oil & gas assets in an operationally focused environment
Support month-end and year-end close, including preparation of journal entries related to depletion, depreciation, amortization, and asset retirement obligations (ARO)
Maintain detailed accounting records for oil & gas properties, including leases and wells
Track and analyze capital expenditures (CAPEX) versus operating expenses (OPEX)
Account for drilling, completion, production, and abandonment costs
Prepare and review Joint Interest Billings (JIB) and allocate shared costs among working interest partners
Perform intercompany, ownership, and account reconciliations across multiple legal entities
Support general ledger accounting, reconciliations, and financial reporting
Provide property-level documentation and support for internal and external audits
Ensure compliance with GAAP and oil & gas accounting standards, including COPAS and applicable FASB guidance
Work closely with operations to understand cost drivers and upstream activities
Support accounting for approximately 300–350 operated wells across multiple entities
Qualification
Required
Bachelor's degree in Accounting, Finance, or related field
Proven experience in oil & gas property and cost accounting
Strong understanding of upstream oil & gas operations and the full cost lifecycle
Hands-on accounting approach with the ability to analyze and validate data beyond system-generated reports
Experience preparing and reviewing Joint Interest Billings (JIB)
Solid general ledger, reconciliation, and close experience
Working knowledge of GAAP and oil & gas accounting standards (COPAS, FASB guidance)
Experience with oil & gas accounting systems such as Quorum OnDemand, OGsys, Enertia, Excalibur, or similar
Ability to work on-site four days per week with remote Fridays (non-negotiable)
Preferred
Experience working in a smaller or lean organization preferred
Company
Omni Staffing
From long-term office support to last-minute event coverage, we’re here to step in where you need us most.
Founded in 2025
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase