Financial Reporting Analyst
Arena Energy, LLC
Job Description
Job Description
Job Summary
This position will be part of the team responsible for the corporate accounting, financial reporting processes and financial analysis for the company. The position offers multiple opportunities to showcase analytical skills to various senior executives and provides great collaboration across the organization. The position is accountable for the accuracy and quality of its work product and partners directly with operations on accruals and analysis.
Responsibilities
- Prepare and review various monthly corporate accounting entries, eliminations, and account reconciliations, including evaluating the financial statement impact of each entry
- Own the day-to-day corporate accounting entries outside of oil and gas revenue, AP, and JIB (e.g., debt, derivatives, depletion, ARO), ensuring they are recorded accurately and on time
- Prepare, analyze and present monthly reporting of consolidated financial results
- Support the preparation and analysis of the corporate reporting packages, monthly flash reporting, and other financial results as deemed necessary
- Partner with operations on the preparation of operational accruals; perform accrual lookbacks and analyze variances to identify root causes and recommend improvements
- Lead ad hoc requests/special projects for financial reporting initiatives, delivering final, presentation-ready work product within agreed timelines
- Liaise with external auditors by providing requested PBC items and responding to questions in support of the financial statement audits; complete GAAP checklist
- Assist in preparation of annual reports which are prepared fully in-house
- Become an integral part of the accounting team by promoting collaboration, innovation and business expertise
- Recommend and implement process, automation, and internal control improvements
- Perform technical accounting research and document conclusions with supporting GAAP guidance
- Use reporting and planning systems and emerging tools, including AI-enabled tools, to improve the efficiency and quality of the close and reporting process
- Communicate clearly and proactively with accounting team, management, operations, and cross-functional partners on status, risks, and findings
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