Johnstone Ritchie Executive Search
The Organization
Our client is a Calgary-based private, oil/liquids-weighted energy company involved in the development of assets focused in the WCSB. To date, they have aggregated their asset base primarily through acquisitions, and is now focused on organic development and expansion in their core operating areas.
Why Consider This Role?
· Their assets are oil/liquids weighted and operated by the company. Production is +/- 6,000 boe/d. This is a hands-on role with direct influence, and you contribute to the corporate decision-making process.
· The company expects to unlock significant value from its assets through its development plan over the next two to three years.
Team Dynamics
As the Controller, you will report to the CFO and have the benefit of working with skilled executives who are experienced veterans of the oil industry. The Controller will be a key member of the company’s management and will have the opportunity to benefit from future growth of the company, while focusing on the company operations.
Activities and Responsibilities
Reporting to the CFO, the Controller has overall responsibility to secure and analyze financial information required to make knowledgeable and effective management and business decisions. You will direct financial activities of the organization with the following responsibilities:
Prepare consolidated quarterly financial statements, MD&A, and various other schedules. Present to management.
Prepare and record various financial accounting entries including ARO, depletion, etc.
Prepare quarterly update to the Audit Committee on the financial position and results of operations
Manage annual financial statement audit with external auditors, as well as any other audits that may arise (GST/PST, joint venture, carbon tax, income tax, etc).
Provide timely and accurate consolidated monthly financial management reports in a relevant format. This
will include variance analysis and ensuring the company meets its obligations to prime stakeholders
· Liase with third party tax advisors on the preparation and filing of annual tax returns and other filings.
· Prepare and file various regulatory filings including ESTMA, carbon/fuel tax filings, etc.
· Analyze the company’s financial position and operating results, and advise senior management of trends and accounting issues
Work with the CFO to oversee the company’s financial policies and procedures and ensure they are
in accordance with pragmatic business practices of internal control and IFRS/GAAP
Liaise closely with each business
unit to develop and maintain processes around capital expenditures and analysis, operating costs, accruals, etc. an ongoing knowledge of their business, including a detailed understanding of accounting policies and the historical budgeted and forecasted financial results.
Develop financial systems and reports to provide a forward-looking view of the company’s financial status
Lead, coach and develop the Accounting team of 4 staff
Experience
Ideally, 5-10 years of progressive accounting & management positions, a CPA with a minimum of five years gained in an energy company. A strong financial reporting background with tax and regulatory experience
. With excellent communication & interpersonal skills, you must have the ability to foster a cooperative, results-oriented work environment while working with multiple stakeholders. Experience with Pandell suite of accounting software would be a benefit (JVNexus, APNexus, AFENexus). You possess an energetic style, an attention to detail, lead staff by example and a desire to get down to work. You will also be able to motivate your team to produce trustworthy results within tight timeframes and simultaneously manage competing requirements for your time.
To apply for this job email your details to trevor@jres.ca.