Sr Exploration & Production (E&P) Accountant

At Murphy Oil Corporation, we believe the rich experiences and backgrounds of our employees strengthen our Company, create a productive workforce, and drive our success. We encourage you to apply for the positions for which you meet the qualifications.

Job Summary

The Senior E&P Accountant will be responsible for monthly financial close activities, controls and technical accounting. They will ensure compliance with accounting standards and regulations, maintain accurate records, and improve processes for Onshore/ Offshore drilling, completion and production activities.

They will work in our Houston Corporate office and may work two (2) days a week remotely, as business needs allow.

Responsibilities

• Preparing monthly journal entries to accrue lease operating expenses
• Analyzing actual lease operating expenses compared to forecast, budget, prior period
• Partnering with business teams to understand the operations and ensure actuals and accruals properly reflect the operating activities
• Ensuring variances to planned performance and impacts appropriately analyzed, understood and communicated to relevant stakeholders
• Preparing Income Statement line-item variance explanations as necessary to support monthly financial close and internal reporting
• Compiling the Monthly Financial Book for the CEO and Executive Management
• Reviewing AFEs for proper accounting classification
• Reviewing procurement contracts for leases and ASC 842 compliance
• Analyzing marketing contracts for normal purchase normal sales treatment under ASC 815
• Preparing Balance Sheet account reconciliations and propose adjustments as needed
• Helping maintain a robust control environment across the Controller’s function
• Ensuring compliance of all tasks with relevant accounting standards and SOX controls
• Assisting with internal and external audits
• Other ad hoc analysis as required

Licenses/ Certifications

CPA or equivalent certification preferred

Qualifications/Requirements

• Bachelor’s Degree in Accounting
• Minimum 10 years’ experience in oil and gas accounting with onshore and offshore properties
• Advanced Excel and SAP knowledge
• Understanding of Sarbanes Oxley compliance documentation
• Ability to work collaboratively with all levels of the organizations
• Commitment to continuous improvement and champion of change
• Ability to adjust and quickly recognize and solve problems

The individual is required to follow all applicable safety precautions.  Work is performed almost entirely in a controlled (i.e., inside) environment and does not typically subject the incumbent to any hazardous/extreme elements; some positions may require regularly moving or transporting items weighing up to 25 lbs. around the office for various needs.  The successful candidate must be able to complete all essential physical requirements of the job with or without reasonable accommodation.

PURPOSE 

We believe in providing energy that empowers people.

MISSION

We challenge the norm, tap into our strong legacy and use our foresight and financial discipline to deliver inspired energy solutions.

VISION

We see a future where we are an industry leader who is positively impacting lives for the next 100 years and beyond.

VALUES & BEHAVIORS

Do Right Always

• Respect people, safety, environment and the law
• Follow through on commitments
• Make it better

Think Beyond Possible

• Offer solution
• Step up and lead
• Don’t settle for “good enough”
• Embrace new opportunities

Stay With It

• Show resilience
• Lean into challenges
• Support each other
• Consider the implications

_________________________________________________________________________________________________

Murphy Oil Corporation participates in the Department of Homeland Security U.S. Citizenship and Immigration Services' E-Verify program. Please read the E-Verify Notice-English / E-Verify Notice-Spanish and Right to Work Notice before proceeding with your job application.
For additional information, you may also visit the USCIS website.
Murphy Oil Corporation is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, and status as a protected veteran, or any other category protected by federal, state or local laws.
EEO is the Law Poster
EEO is the Law Supplement