- Professional
- Office in Hobbs
About the Role:
The Controller in the Oil and Gas Extraction and Mining and Quarrying industries plays a critical role in overseeing the financial health and regulatory compliance of the organization. This position is responsible for managing all accounting operations, including budgeting, forecasting, and financial reporting, to ensure accurate and timely financial information is available for strategic decision-making. The Controller will lead the development and implementation of internal controls and financial policies tailored to the unique challenges of the industry, such as asset management and cost control in extraction and mining operations. Collaboration with cross-functional teams, including operations, legal, and executive leadership, is essential to align financial strategies with business objectives and regulatory requirements. Ultimately, the Controller ensures the company’s financial integrity, supports sustainable growth, and mitigates financial risks in a complex and dynamic industry environment.
Minimum Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field.
- Certified Public Accountant (CPA) designation or equivalent certification.
- Minimum of 5 years of progressive accounting experience, with at least 3 years in a supervisory or managerial role.
- Strong knowledge of Generally Accepted Accounting Principles (GAAP) and financial regulations applicable to the oil and gas or mining industries.
- Proficiency in accounting software and enterprise resource planning (ERP) systems commonly used in the industry.
Preferred Qualifications:
- Master’s degree in Accounting, Finance, Business Administration, or related discipline.
- Experience with industry-specific financial software such as SAP, Oracle, or JD Edwards.
- Familiarity with International Financial Reporting Standards (IFRS) and environmental, social, and governance (ESG) reporting.
- Previous experience working in oil and gas extraction, mining, or quarrying sectors.
- Strong background in tax planning and compliance related to natural resource industries.
Responsibilities:
- Manage and oversee all daily accounting operations including accounts payable/receivable, general ledger, and bank reconciliations.
- Prepare and present monthly, quarterly, and annual financial statements and reports in compliance with industry regulations and accounting standards.
- Develop, implement, and maintain internal financial controls and procedures to safeguard company assets and ensure accuracy of financial data.
- Coordinate budgeting, forecasting, and financial planning processes to support operational and strategic goals.
- Lead audits and liaise with external auditors to ensure compliance with statutory requirements and industry-specific regulations.
- Analyze financial data to identify trends, variances, and opportunities for cost optimization and operational efficiency.
- Collaborate with cross-departmental teams to provide financial insights and support decision-making related to capital projects, asset management, and resource allocation.
- Ensure compliance with tax regulations, environmental financial reporting, and other legal requirements specific to the oil, gas, and mining sectors.
Skills:
The Controller utilizes advanced accounting and financial analysis skills daily to ensure accurate financial reporting and compliance with complex industry regulations. Strong leadership and communication skills are essential for managing accounting teams and collaborating with various departments to align financial strategies with operational goals. Proficiency in ERP and accounting software enables efficient management of financial data and streamlines reporting processes. Analytical skills are applied to interpret financial trends, identify risks, and recommend cost-saving measures that enhance profitability. Additionally, knowledge of industry-specific regulations and standards ensures that all financial activities support sustainable business practices and regulatory compliance.