Valor is the leader in mineral management, oil and gas accounting and oil and gas consulting. The company was built by multi-generational mineral owners and experienced mineral managers to bring peace of mind to mineral and royalty owners. Valor utilizes its proprietary best-in-class mineral management software, mineral.tech®, to efficiently and effectively manage minerals and royalties for our clients. Valor is headquartered in Fort Worth, Texas. We provide solutions for owners of oil and gas assets which include comprehensive land and mineral rights management solutions, oil and gas accounting, digital filing, division order processing, and other oil and gas related back-office solutions that can be tailored to your specific needs.

Thank you for your consideration in joining our team at Valor!  

Before applying for this job, please take the following assessments by clicking on the two links below:

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Responsibilities

• Lead the accounting department, providing mentorship to ensure high performance and professional growth.
• Oversee the meticulous review of monthly client revenue and expenses, guaranteeing accuracy and completeness.
• Conduct in-depth analysis of revenue and expenses, identifying fluctuations, discrepancies, and ensuring precision in NRI & WI calculations, considering factors like new wells activation and missing checks.
• Offer expert guidance on intricate oil & gas accounting matters, including taxation, deductions, joint interest billing, and related issues.
• Manage the annual processing of 1099 forms and the reporting of property taxes.
• Administer EnergyLink data and establish CDEX formats for streamlined data management.
• Supervise the onboarding process for new clients, ensuring a seamless transition and adherence to best practices.
• Develop and refine robust processes that guarantee accurate and comprehensive accounting and reporting for the entire client portfolio.
• Prepare and validate various account reconciliations, encompassing revenue, royalties, expenses, JIB's, and receivables.
• Lead the month-end closure and reconciliations, including managing bank accounts, statements, invoices, JIB's, and client-specific journal entries/general ledger.
• Oversee the efficient processing and distribution of royalty revenue checks to clients as required.
• Conduct a thorough review of charges associated with joint interest billing.

Skills

• Strong understanding of oil & gas accounting principles and regulations.
• Ability to meet established monthly close deadlines and clearly communicate unexpected issues.
• Experience in managing client portfolios and can respond to inquiries in a professional and timely manner.
• Excellent organization skills.
• Communicate effectively with ownership, management, and accounting team members.
• Maintain client confidence and protect operations by keeping information confidential.
• Multi-task and transition seamlessly between clients.
• Proficiency in Microsoft Excel and oil & gas accounting software.

Education and Experience Requirements

• Bachelor’s degree in Accounting, Master’s degree preferred.
• 10+ years of experience in accounting and financial reporting in the oil and gas industry
• CPA strongly preferred.