Manager, Commodity Accounting

Caturus Management Services • US - Houston, TX • Full Time

Posted on Fri, Sep 4, 2026

About Us:
The Caturus platform founded by Kimmeridge – an alternative asset manager focused on the energy sector – supports Kimmeridge’s overarching goal of providing low-cost energy on demand with the lowest carbon footprint.
Kimmeridge’s vision in creating Caturus is to build the only independent, fully integrated natural gas and LNG export platform in the U.S. through a combination of its upstream operations and via Commonwealth LNG, a 9.5 million tonnes per annum liquefied natural gas export terminal in southwestern Louisiana on the U.S. Gulf Coast. The combined entities are committed to delivering responsibly sourced, low-emission fuel to domestic and international markets.
Caturus is a Houston-based, private exploration and production company seeking to materially grow production through development of deep, high pressure, dry gas windows of the Eagle Ford and Austin Chalk, as well as Haynesville formations located in Texas and Louisiana while maintaining a relentless focus on safety.
Commonwealth LNG was founded by industry veterans who decided to re-engineer the LNG construction model. Using proven best practices, Commonwealth is committed to building a world-class LNG export facility while focusing on safety, managing risk and achieving best-in-class environmental standards.

Job Description

Position Summary:
The Manager, Commodity Accounting, is responsible for managing the accounting and reporting of complex physical and financial commodity transactions. This role requires the ability to read, interpret, and determine appropriate accounting treatment for sophisticated and often non-standard trading contracts and structures. This role ensures the accurate and timely recording of commodity and derivative transactions in accordance with U.S. GAAP and company policies. The Manager partners with Marketing, Commercial, Risk Management, Operations, Treasury, and Finance teams to support business initiatives and maintain effective accounting processes and internal controls. The position provides day-to-day leadership of the commodity accounting function while driving process improvements and supporting the development of team members, and the Company’s growth and operational objectives within the commodities value chain. This is an on-site role.
Key Accountabilities:

Manage and oversee accounting and reporting for LNG, natural gas, crude oil and NGL trading and marketing activities (physical and financial) including mark-to-market activities, and hedge programs, where applicable, as well as intercompany transactions within a complex organization structure
Manage the monthly, quarterly, and annual close processes for commodity and derivatives accounting activities
Ensure accurate accounting treatment for physical and financial transactions
Review and approve journal entries, account reconciliations, and financial analyses
Read, interpret, and determine appropriate accounting treatment for complex and non-standard contracts, including master trading agreements, structured transactions, and optionality-embedded deals
Assess contracts for embedded derivatives, normal purchase/normal sale (NPNS) elections, and lease classification under U.S. GAAP
Assist with the evaluation of contracts in the drafting phase and provide guidance to achieve the optimal accounting outcome
Work with Marketing, Risk, Middle Office and Commercial teams to resolve accounting and reporting issues
Monitor intercompany billings, receivable balances and payable balances within a complex organization structure
Monitor account balances and investigate variances to ensure accurate reporting
Maintain compliance with U.S. GAAP, company policies, and internal control requirements
Support internal and external audit requests and provide required documentation
Assist with the implementation of process improvements, automation initiatives, and system enhancements
Develop and maintain accounting procedures and documentation
Provide guidance, training, and mentorship to accounting staff
Prepare management reports and analyses supporting business and financial objectives

Qualifications:
Education, Certificates, and Licenses:

Bachelor's degree in Accounting, Finance, or a related field required
CPA designation required
Master's degree in Accounting, Finance, or Business Administration preferred

Experience:

Minimum of 8 years of progressive commodity accounting experience within the energy industry
Minimum of 3 years of supervisory or management experience
Prior experience within a global physical and financial commodities trading organization (merchant trading house, physical marketer, or major commodity trading desk) strongly preferred

Knowledge, Skills, and Abilities:

Strong knowledge of U.S. GAAP and accounting principles related to energy and commodity transactions
Experience with complex physical and financial commodity accounting
Experience reconciling trading book positions with physical settlement and accounting records
Proven experience accounting for high-volume, structured transactions and interpreting master trading agreements to determine appropriate accounting treatment
Strong background with intercompany activities and month-end close processes
Experience working with ERP and commodity trading and risk management systems/ETRM required
Strong understanding of marketing, commercial operations and risk management concepts
Strong leadership, coaching, and team development skills
Excellent analytical, organizational, and problem-solving abilities
Strong verbal and written communication skills
Ability to effectively manage competing priorities and meet deadlines in a fast-paced environment
Advanced proficiency in Microsoft Excel and financial reporting systems
Strong attention to detail and commitment to accuracy
Ability to build collaborative relationships across accounting, commercial, operations, and finance teams

AuditFriendly salary estimate

The employer did not post a salary for this role. Based on AuditFriendly's salary intelligence model (comparable live postings, role, seniority, and location), we estimate base pay of $110,000–$167,000 per year (median ~$130,000). This is an AuditFriendly estimate, not an employer-provided figure.

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