Assistant Controller, Director of SEC Reporting - Houston, United States - W&T Offshore, Inc.

Description

Job Description

ABOUT THE COMPANY: W&T Offshore, Inc. (NYSE: WTI) is a thriving, independent oil and natural gas producer operating in the Gulf of Mexico, the second-largest producing basin in the U.S. for four decades.

ABOUT OUR EMPLOYEES: We have built a team of talented and collaborative individuals who are committed to cultivating a culture of integrity, honesty, trust, respect, and communication. Our mission is to attract and retain like-minded team members who will grow and prosper within our W&T community.

W&T offers a competitive total rewards program designed to provide competitive pay, health and financial benefits, and work-life balance.

WORKING LOCATION: Houston Office WESTHEIMER RD 77057

FULL-TIME/PART-TIME: Full-Time

SCHEDULE: Mon -Thurs - 9 hours (in-office)/Friday - 4 hours (remote)

FLSA STATUS: Salary, Exempt

POSITION SUMMARY: The primary responsibilities will be to assist the Vice President and Chief Accounting Officer in ensuring that the Company's SEC filings are timely and compliant and technical accounting positions are documented and supportable.

PRIMARY RESPONSIBILITIES:

• Lead all technical accounting research for any complex, unusual, or significant transactions.
• Manage and lead the financial accounting team in all accounting-related projects including acquisitions and divestitures.
• Assess and document accounting conclusions and disclosures related to new accounting pronouncements, mergers/acquisitions, debt/equity transactions, etc.
• Lead the quarterly and annual external reporting process:
  • Prepare work papers supporting amounts and disclosures.
  • Prepare initial draft of all reports on Form 10-K/Q and related disclosures checklists.
  • Coordinate comment collection and disposition for internal and external reviewers of the process internally and externally.
  • Ensure filings are presented by GAAP requirements and SEC regulations
• Primary external auditor contacts during quarterly and annual reporting and technical accounting matters.
• Proactively identify and research future accounting and reporting changes by regulators the Company should consider.
• Understand and advise of the potential impacts of business decisions on accounting and SEC reporting.
• Identify financial reporting risks, assess financial reporting processes and
• Manage the preparation of the Company's 401(k) financial statements.
• Assist with the preparation and review of the financial information and disclosures related to the annual proxy filing; and
• Other duties and special projects as needed.

MINIMUM QUALIFICATIONS:

• Bachelor of Business Administration/Accounting
• CPA
• 10 years of combined industry experience and audit experience in a large public accounting firm
• Experience managing integrated (i.e., public company) audits of independent exploration and production (E&P) registrants.

PREFERRED QUALIFICATIONS:

• Independent E&P SEC reporting experience, including:
  • Preparing current, quarterly, and annual SEC filings using SEC reporting platforms such as RDG Thunderdome, Merrill Bridge, Workiva, etc.
  • Maintaining supporting information for all financial information included in filings; and
  • Working with external auditors in their review/audit of filings.
• Experience in managing and leading the financial accounting team in all accounting-related projects including acquisitions and divestitures.
• Financial systems experience with P2 BOLO (including DAV/financial statement interface), P2 AFE, P2 Reporting, and Assent 143 applications.
• Technical expertise in accounting and reporting matters relevant to public independent E&P corporations (e.g., full cost method of accounting, business combinations, stock-based compensation, fair value, asset retirement obligations, earnings per share, tax provisions, revenue recognition, lease accounting, etc.) and coordinating national office review of client positions.
• Experienced in commenting on SEC Forms 10-K, 10-Q, and 8-K, earnings releases, and comment letters.
• Experienced and proficient in written communication of technical accounting positions.
• History of implementing improvements in existing financial reporting processes.
• Highly proficient in financial analysis forming conclusions on the reasonableness of financial information.

KNOWLEDGE, SKILLS, ABILITIES, AND OTHER WORK REQUIREMENTS:

• Team Leader – looking for someone who can bring the team together, set goals, and track accomplishments. Leadership in this organization means spending time with the group to help give them direction and complete projects.
• Action-oriented - enjoys working hard; is action-oriented and full of energy for the things he/she sees as challenging; willing to act with a minimum of planning.
• Timely Decision Making - makes decisions promptly; sometimes with incomplete information and under tight deadlines and pressure; able to make a quick decision.
• Decision Quality- makes good decisions (without considering how much time it takes) based on a mixture of analysis, wisdom, experience, and judgment.
• Functional/Technical Skills - has the functional and technical knowledge and skills to do the job at an elevated level.
• Peer Relationships - can quickly find common ground and solve problems for the good of all; can represent their interest and yet be fair to other groups; can solve problems with peers with a minimum of noise; is seen as a team player and is cooperative; easily gains trust and support of peers; encourages collaboration; can be candid with peers.
• Problem Solving - uses rigorous logic and methods to solve difficult problems with effective solutions; probes all sources for answers; can see hidden problems; looks beyond the obvious and does not stop at the first answers.
• Self-Knowledge - knows personal strengths, weaknesses, opportunities, and limits; seeks feedback; gains insights from mistakes; looks forward to balanced performance reviews and career decisions.
• Time Management - uses time effectively and efficiently; values time; concentrates efforts on important priorities; can attend a broad range of activities.

WORKING CONDITIONS & PHYSICAL REQUIREMENTS:

• Requires prolonged sitting, some bending, and stooping.
• Occasional lifting up to 10 pounds.
• Manual dexterity is sufficient to operate a computer keyboard and calculator.

This description is intended to describe the type of work being performed by a person assigned to this position. It is not an exhaustive list of all duties and responsibilities required by the employee. W&T Offshore is an Equal Opportunity Employer and is committed to the principles of equal employment opportunity for all employees and applicants for employment.

W&T Offshore Inc. offers competitive total rewards including health & welfare benefits, 401k match, competitive pay, and an annual bonus program (STI).

W&T Offshore does not offer sponsorship of employment-based nonimmigrant visa petitions for this role.