Director of Financial Reporting

Qualifications

• CPA with a minimum of 3 years previous experience with Oil and Gas Accounting




• A minimum of 5 years previous experience with Public Accounting, preferably in audit in the oil and gas/energy industry.

The essential roles and responsibilities for this position are as follows:

Quarterly/Annual Financial Reporting

• Primarily responsible for preparation of annual report on Form 10-K and quarterly report on Form 10-Q




• To review and tieout the quarterly earnings release documents in conjunction with the quarter which are subsequently filed on Form 8-K.




• To manage the public reporting requirements to file the Quarterly Report on Form 10Q on time or prior to the statutory deadline and implement any new accounting standards required during the period.




• To assist in completion of all SEC filings under the Securities Exchange Acts of 1933 and 1934 (This includes 8-K’s, S-3’s, S-4’s, 10-K’s and 10-Q’s as well as any other filings which may arise).




• Obtain and coordinate all required consents, legal letters, signatures and required approvals for SEC filings




• Obtain and include in the documents all comments from various parties (audit, legal, management) for review of SEC public filings.




• Responsible for preparation of Equity Rollforward and EPS calculations on a quarterly basis.




• Responsible for preparation of detailed FAS 123 required schedules and implementation of new accounting standards within financial statements.




• Primary contact responsible for quarterly / annual audit procedures with D&T.




• Prepare quarterly governmental reporting requirements.             

Monthly Financial Reporting

• Primarily responsible for preparation of monthly blue book distributed to executive management.




• Preparation of monthly consolidated income statements, balance sheets and detailed support sheets for income statement and balance sheet schedules.




• Prepare and distribute detailed variance analysis of detailed income statement and balance sheet schedules.




• Preparation of property additions schedule, operating statistics worksheets and interest expense detail.




• Preparation of additional ad-hoc schedules as requested by management on a monthly basis. This can include regional level reports, capital reports, LOE analysis, G&A analysis or other monthly detailed schedules utilized by management.

 Monthly - Journal Entries and Other

• Review monthly journal entries, including interest expense, bonus calculation, debt issue cost calculation, capitalized G&A calculation, audit fee accrual, other professional accruals, intercompany reconciliation.




• Review tieout of consolidated financials to the General Ledger




• Review stock option exercises, forfeitures and grants for purposes of calculating EPS on a monthly basis.




• Perform EPS calculation on a monthly basis.




• Prepare and distribute closing status updates on a weekly basis.

Other

• Take a role in integrating the new acquisitions into the current financials




• Donnelly – Serve as primary contact for the Company and coordinate all processing of SEC reports and printing of documents for the Company




• Assist in preparation of proxy/10-K materials and coordinate delivery to proxy solicitor for delivery and mailing to investors




• Coordinate Financial Reporting SOX duties, including
  
  
  
  
  
  • Maintain master accounts reconciliation listing
  
  
  
  
  • Maintain all chart of accounts changes
  
  
  
  
  • Member of the Disclosure committee
  
  
  
  
  • Obtain appropriate sign offs on all journal entries
  
  
  
  
  • Maintain appropriate documentation/signoff’s on all Financial Reporting areas
  
  
  
  





• Oversee creation/build out of all BOLO reports

Special Projects/Requests

• Assist the Controller and Director of Compliance and Research in various research projects or special projects on an as requested basis.