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Property Accountant

Talos Energy

DESCRIPTION: The Property Accountant is responsible for executing key operational and financial accounting activities within Talos Energy's policies, procedures, and control framework. This role serves as a critical link between Operations, Land, and Accounting to ensure accurate accounting of operated and non-operated offshore properties, including cost tracking, accruals, and financial close. DUTIES & RESPONSIBILITIES: This position will be responsible for numerous property accounting activities at Talos Energy including but not limited to: * Track and reconcile tangible equipment, including material transfers, yard balances, and valuation accuracy * Support cash management processes, including AFE cash calls, partner billing, and related reporting * Assist with the calculation of Asset Retirement Obligation (ARO), including the calculation of accretion expense and application of decommissioning costs * Support monthly and quarterly close processes to ensure deadlines and reporting requirements are met * Preparing journal entries and maintaining multiple account reconciliations * Maintain compliance with SOX and internal control requirements, including documentation and testing support * Collaborate with Operations, Land, and Procurement/Supply Chain to ensure accurate cost classification, accruals, and asset tracking * Identify and assist implementation of process improvements to enhance efficiency and accuracy of property accounting processes * Support joint interest accounting processes, including cost allocations and partner billings as necessary EDUCATION & EXPERIENCE: * 2+ years of property accounting experience at an upstream oil and gas company * Bachelor's degree in Accounting or Finance QUALIFICATIONS & SKILLS: * Possess strong analytical skills * Able to perform detailed work with speed and accuracy * Able to organize and prioritize a dynamic workload involving detailed processes and time-sensitive priorities * Understanding of upstream accounting principles, including AFE accounting, accrual processes, and operational cost tracking * Communicates effectively, both orally in person and using a telephone and in writing * Demonstrates integrity and sound judgement in handling ethical matters * Willing to work extended hours as needed during month-end close, reporting deadlines, and other high-demand periods * Self-motivated and detail-oriented * Proficient in Microsoft Office; experience in BOLO accounting system preferred CERTIFICATES & LICENSES: * There are no certificates, licenses or registrations required for this position PHYSICAL REQUIREMENTS: * Employee must be able to sit for extended periods of time and have use of arms and hands in repetitive motion. A fair amount of standing and walking is also required for the position

Vacancy posted 2 days ago
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