Accounting, Accounting Close, Accounting Policies, Analysis Skills, Business Model, Capital Expenditure (CAPEX), Cash Flow, Certified Public Accountant (CPA), Communication Skills, Continuous Improvement, Cross-Functional, Customer Support/Service, DEC Computers, Detail Oriented, Financial Disclosure, Financial Reporting, Financial Statements, Generally Accepted Accounting Principles (GAAP), Hyperion, Interpersonal Skills, Investor Relations, Loan Regulations, Microsoft Excel, Microsoft PowerPoint, Microsoft Word, Natural Gas, Oil and Gas, Operational Expenditure (OPEX), Organizational Skills, Problem Solving Skills, Process Development, Process Improvement, Programmable Logic Controller (PLC), Reconciliation, Record Keeping, Regulatory Requirements, Reporting Skills, Revenue Analysis, Revenue Forecasting, Revenue/Sales Reporting, Sarbanes-Oxley Act (SOX), Stock Market, Time Management, Variance Analysis
Diversified Gas & Oil Corporation (“DGOC”) is a wholly-owned subsidiary of Diversified Energy Company PLC, a US-based company listed on the New York Stock Exchange (NYSE) and London Stock Exchange (LSE) under the ticker symbol “DEC”. Diversified Gas & Oil Corporation (DGOC) is an established owner and operator of producing conventional and unconventional natural gas & oil wells and midstream pipelines and compression stations concentrated in the Appalachian Basin in the United States. Headquartered in Birmingham, AL, our field operations are located throughout the Appalachian Basin in the states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, and Pennsylvania. In 2021, Diversified announced our expansion into our Central Regional Focus Area, which includes producing areas within Louisiana, Texas, Oklahoma, and Arkansas.
Responsibilities:
POSITION SUMMARY & RESPONSIBILITIES:
Diversified Energy Company, PLC (Ticker: DEC is an established owner and operator of producing natural gas & oil wells and midstream pipelines operating within its Central Region and the Appalachian Basin of the United States. The Company’s headquarters are in Birmingham, Alabama with field offices located throughout the states in which we operate.
Our proven business model creates sustainable value in today's natural gas market by investing in producing assets, reducing emissions and improving asset integrity while generating significant, hedge-protected cash flow.
Location:
Birmingham, AL (in office)
Job Description
This position will support the accounting and reporting activities for the Company's non-operated well portfolio and assist with certain reporting responsibilities within the operated portfolio. The role contributes to the timely and accurate preparation of accounting records and financial reporting that support management, investors, lenders, and regulatory requirements.
To be successful in this role, the Accounting Associate should be detail-oriented, organized, and possess strong analytical skills. The ideal candidate will demonstrate a willingness to learn, collaborate with cross-functional teams, and continuously improve accounting processes and reporting capabilities.
Job Role Responsibilities
- Prepare accounting entries and supporting schedules for cash receipts, revenue, operating expenses, and capital expenditures within the non-operated portfolio.
- Assist with maintaining accounting records at the summary, operator, and well level.
- Support the preparation and enhancement of reporting related to the non-operated portfolio.
- Prepare designated accounting schedules and roll-forwards utilized during the monthly and quarterly close process.
- Assist with annual audit requests and support SOX compliance activities within assigned areas.
- Perform account reconciliations and investigate variances as part of the monthly financial close process.
- Assist in the preparation of monthly, quarterly, and annual revenue reports.
- Support the development and maintenance of revenue forecasting and analytical models.
- Perform variance analysis and provide supporting explanations for fluctuations in revenue and operating results.
- Assist with the preparation of financial statement disclosures and other reporting requirements.
- Collaborate with accounting team members to identify process improvements and reporting efficiencies.
Qualifications:
POSITION REQUIREMENTS:
- 1-3 years of accounting experience.
- CPA preferred.
- Basic understanding of U.S. GAAP.
- Familiarity with Hyperion.
- Proficiency in Excel, Word, and PowerPoint.
- Highly motivated and detail-oriented with keen analytical and problem-solving skills.
- Strong interpersonal skills and the ability to communicate at all levels of the organization.
- Ability to work independently with minimal supervision.
- Commitment to continuous improvement.
- Knowledge of the oil and gas industry preferred
Benefits:
DGOC offers a competitive compensation plan and a comprehensive benefits program. The benefits program includes healthcare, dental, vision, short-term and long-term disability, 401(k), life insurance, Flexible Spending Account Plan, and paid time off.
Office Physical Requirements and Working Conditions:
- Prolonged periods working at a desk in front of a computer.
Additional Requirements:
- Must be able to lift up to 15 pounds at a time.