Sr. Commodities Accountant-REMOTE

Dagen is recruiting a 6 month to year long Sr. Commodities Accountant for an LNG/Energy company in the Galleria area. Can be fully remote.

Needs good conceptual understanding of ASC 815 (the accounting standard for derivatives and MTM accounting).

Performs general accounting activities, including the preparation, maintenance and reconciliation of ledger accounts and financial statements such as balance sheets, profit-and-loss statements and capital expenditure schedules. Prepares, records, analyzes and reports accounting transactions and ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles. Provides financial support, including forecasting, budgeting and analyzing variations from budget. Analyzes and prepares statutory accounts, financial statements and reports. Conducts or assists in the documentation of accounting projects.

Responsibilities

• Carefully reviews and compares financial records, identifies issues, and applies effective solutions to resolve them.
• Prepares and shares detailed financial reports and summaries, helping leaders understand key financial information.
• Ensures that all departments follow consistent procedures for processing and labeling expenses, keeping financial records accurate and organized.
• Works closely with both internal teams and outside reviewers to make sure all financial practices follow company rules, professional standards, and legal guidelines.
• Performs other duties as assigned
• Supports the accounting and reporting for commodity transactions and derivative instruments, including analysis of contractual terms, valuation support, settlement activity, mark-to-market accounting, hedge-related impacts, and related financial statement disclosures.
• Prepares and reviews journal entries, account reconciliations, and month-end close activities related to trading and commodity operations
• Contributes to the preparation of financial reports and supporting schedules for internal and external reporting purposes.
• Contributes to the accounting/analysis of physical and financial transactions, providing visibility into how business activities translate into financial performance.
• Supports audit activities by preparing documentation and responding to auditor requests

Qualifications:

• Having a bachelor's degree in a relevant technical field and typically
• 3-5 years of experience in applying the discipline skill to oil and gas projects.
• Relies on limited experience and judgment to plan and accomplish goals.
• Performs a variety of tasks for a specific project phase.
• Technical assurance review is required for the majority of the work products. Has an understanding of how the particular discipline interfaces / integrates with the overall project work scope.