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

Th e 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.

#LI-Hybrid

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

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