Accountant I

Description

POSITION SUMMARY:

The Accountant I will be responsible to ensure the integrity of accounting information by recording, verifying, consolidating, and entering transactions.

ESSENTIAL DUTIES & RESPONSIBILITIES:

• Prepare journal entries to record cash transactions, such as local currency bank transfers, bank fees, earned account interest, account deposits, etc.
• Record payroll related transactions
  1. Prepare payroll journal entries using information received by Human Resources
  2. Prepare entries to properly allocate corporate payroll costs to various entities and cost centers based on information provided by Human Resources
  3. Prepare journal entries to record and adjust Personal Time Off ("PTO") and short-term incentive-plan ("STIP") compensation related accruals based on information provided by Human Resources
  4. Prepare journal entries to record monthly cash entries associated with payroll and stock-based compensation related transactions.
• Prepare journal entries to record monthly stock-based compensation related transactions, such as monthly amortization expenses and forfeitures
• Calculate and prepare monthly and quarterly journal entries relating to corporate accruals, prepaid expense amortization, debt issuance costs, income taxes, and dividend transactions
• Perform monthly intercompany account reconciliations and prepare any required journal entries
• Analyze and prepare journal entries to record monthly employee expense report related transactions.
• Run monthly foreign exchange processes in accounting system
• Perform monthly general ledger account reconciliations and assist with providing explanations for month-to-month balance sheet and income statement account variances.
• Assist with gathering and providing information for adults - financial statement audits, internal audits, tax authority audits, joint interest partner audits, governmental audits, and others.
• Assist in special projects as assigned by management, including system upgrades, enhancements, and implementations (as needed)

EDUCATION & REQUIRED EXPERIENCE:

• Bachelor's degree in accounting
• 1-3 years' experience/oil and gas industry experience a plus

SKILLS, QUALIFICATIONS, AND OTHER REQUIREMENTS:

• Strong US GAAP knowledge
• Strong organizational skills and detail orientation
• Excellent written and verbal communication skills
• Proficient in working as part of a team; self-motivated.
• Strong working knowledge of personal computers with proficiency in Microsoft Excel, Word, or comparable software.
• Time management; and Data entry management

PHYSICAL DEMANDS:

Requires sufficient personal mobility and physical reflexes, to permit the employee to function in a general office environment and accomplish tasks and duties as outlined above.


WORK ENVIRONMENT:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet.


ABOUT VAALCO:

Founded in 1985, Vaalco Energy is a Texas-based leading African-focused oil & gas operating company with a strong production and reserve base and a diverse portfolio of assets Côte d'Ivoire, Gabon, Egypt, and Equatorial Guinea. Through operational excellence, sustainable practices and a deep understanding of the regions we operate in, we strive to maximize shareholder value and deliver positive impact for our wider stakeholders.