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Atlas Oil

Director of Accounting

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What they do

A Director of Accounting oversees all financial operations of a company or organization. They manage accounting staff, oversee financial reporting, and develop and implement accounting policies and ensure compliance with tax and accounting regulations.

$151,683 / year median in Texas

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Job Description

Director of Accounting Atlas Oil - 2.6 Houston, TX Job Details 1 hour ago Qualifications Spreadsheets Oil & gas Bachelor's degree Task prioritization GAAP Managing accounting teams Leading team collaboration initiatives Commodities financial market experience Microsoft Dynamics Full Job Description Director of Accounting Summary/Overview Responsible for overseeing the organization's accounting operations, ensuring the accuracy and integrity of financial reporting, compliance with regulatory requirements, and the implementation of effective internal controls. This role leads the accounting team and collaborates closely with senior leadership to support strategic financial planning and decision-making.
Responsibilities and Duties:
Oversee the preparation of monthly, quarterly, and annual financial statements in accordance with GAAP Ensure compliance with federal, state, and local financial regulations and reporting requirements Coordinate and manage external audits and liaise with auditors Manage general ledger, accounts payable/receivable, overheads, inventory, hedge accounting and bank reconciliations Develop and maintain accounting policies, procedures, and internal controls Ability to work in a fast-paced challenging environment where new procedures and control need to be developed to adapt to changes in business requirements. Ensure timely and accurate month-end and year-end close processes Lead, mentor, and develop the accounting team to ensure high performance and professional growth Establish clear goals and performance metrics for the team Foster a culture of accountability, collaboration, and continuous improvement Provide financial analysis and insights to support budgeting, forecasting, and strategic planning Partner with other departments to ensure financial alignment with organizational goals Identify opportunities for process improvement and automation Oversee the implementation and optimization of accounting systems and software Ensure data integrity and security within financial systems Required Education and Experience Bachelor's degree in accounting, finance, or related field Minimum of 8-10 years of progressive accounting experience, including 3-5 years in a leadership role Experience with hedge accounting under ASC 815, including hedge designation, effectiveness assessment, documentation, and accounting treatment for commodity and derivative hedging activities. Experience in Physical and Financial Commodity Trading; primarily Oil & Gas Strong knowledge of GAAP and financial reporting standards Excellent leadership, communication, and interpersonal skills Proficiency in accounting software Microsoft Dynamics and Microsoft Excel High attention to detail and analytical thinking Ability to manage multiple priorities and meet deadlines Preferred Education and Experience Master's or CPA Experience with RightAngle Leader Responsibilities Responsible for the Accounting team which includes Assistant Controller, three senior and three staff accountants. Work Environment Open Office Environment, Trade Floor Physical Demands Prolonged periods of sitting at a desk and working on a computer Must be able to lift 15 pounds at times Must be able to access and navigate each department at the organization's facilities Travel required 1% - Rare