Job Description

IKAV Energy Inc is a private E&P company with its US headquarters in Durango, Colorado, and belongs to the global energy infrastructure group, IKAV. IKAV has worldwide offices in Hamburg, Luxembourg, Milan, Madrid, Lisbon, Munich, and Paris and has launched its US franchise in 2019 managing and operating a billion-dollar portfolio on a long-term basis.

At IKAV, teamwork is at the heart of our operations and is only strengthened by the many diverse and professional backgrounds that shape our team. IKAV believes in flat hierarchies and the empowerment of team members. In return, we expect exceptional motivation, a high degree of independent thinking, and the ability to spot opportunities for optimization and growth.

Financial Accounting Responsibilities

(COPAS and U.S GAAP experience required)

• Prepare monthly Capital Projects and Well Work Expense accruals, in conjunction and coordination with Operations Department
• Create monthly Authority for Expenditure (AFE) and Capital spend reports, conduct analysis of material variances, review with Operations personnel
• Manage AFEs with entry to W Energy
• Record Depletion, Asset Retirement Obligation, Work in Progress reclass, and Misc Operational focused Journal Entries
• Manage operational budgeting, forecasting, and variance analysis processes
• Hold relationships within the organization that allows management and adherence to the monthly financial close process and schedule
• Assist in the review and development of accounting policies
• Other projects and tasks as assigned

Financial Reporting

• Prepare, review, and analyze financial reporting statement supporting schedules and disclosures
• Serve as key resource managing the company\'s external auditors and corporate tax provider
• Identify and manage opportunities to automate reporting and analysis processes

The successful candidate will have the skills necessary to identify and lead projects and see them through to completion. This may include initiatives for cost reductions, efficiency gains, and process improvements.

Requirements

• Minimum of 4 years\' experience in the oil and gas industry, with Colorado, New Mexico experience a plus
• Minimum of 5 years financial planning and accounting experience
• Experience with W Energy, and COGNOS reporting a plus
• Experience with Microsoft PowerBI a plus
• Experience working in a growing start up environment strongly preferred
• Bachelor\'s degree in accounting, finance or business required
• Flexibility to grow and change with company needs
• Ability to work independently and as part of a team

PI32737592-8722-6c86d0d8142b

IKAV Energy Inc