Supervisor of Technical Accounting

ABOUT COTERRA ENERGY

Coterra Energy Inc. was formed in October 2021 as the result of a merger between Cabot Oil & Gas Corporation and Cimarex Energy. By merging, the two legacy companies have created one entity full of talented people with decades of experience in the energy industry. Our team is passionate about delivering reliable energy to all and achieving environmental excellence while doing so. We embrace innovation and technology and encourage an atmosphere of open dialogue between employees and leadership.

JOB SUMMARY

As the Supervisor of Technical Accounting, you will play a pivotal role in ensuring accuracy, compliance, and transparency in financial reporting within our oil and gas operations. Leveraging your extensive experience in technical accounting, particularly within the energy sector, you will oversee the application of accounting principles and standards, address complex accounting issues, and provide guidance to cross-functional teams.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Technical Accounting Leadership: Research and provide guidance on complex technical accounting matters related to oil and gas operations, including revenue recognition, asset impairments and the adoption of new accounting standards.
• Regulatory Compliance: Ensure compliance with GAAP, SEC regulations, and other relevant accounting standards, particularly ASC 932 (Oil and Gas), in financial reporting for public companies.
• Financial Reporting: Assist with the preparation and review of financial statements, footnotes, and disclosures related to oil and gas activities, ensuring accuracy, completeness, and adherence to reporting requirements.
• Policy Development: Develop and maintain accounting policies, procedures, and controls, incorporating best practices and industry standards.
• Cross-Functional Collaboration: Collaborate closely with finance, operations, legal and external auditors to address accounting issues, resolve discrepancies, and facilitate the timely and accurate reporting of financial results.
• Mergers and Acquisitions: Provide technical accounting expertise and support for mergers, acquisitions, and divestitures, including due diligence, purchase accounting, and integration activities.
• Training and Development: Mentor and train accounting staff on technical accounting principles, emerging issues, and industry-specific nuances, fostering a culture of continuous learning and professional development.

SKILLS AND EXPERIENCE

• Strong understanding of US GAAP and SEC reporting and regulations.
• Proven ability to analyze complex accounting issues, research authoritative guidance and develop practical solutions.
• Excellent written and verbal communication skills, with the ability to effectively interact with stakeholders at all levels of the organization.
• Detail-oriented mindset with a commitment to accuracy, integrity and quality in financial reporting.
• Ability to thrive in a dynamic environment and manage multiple priorities effectively.

EDUCATION REQUIREMENTS

Bachelor's degree in Accounting, Finance or related field.

CPA certification required.

YEARS OF EXPERIENCE

5 + years of progressive experience in Big 4 or Next 4 accounting, preferably with a focus on the oil and gas industry.

WORKING CONDITIONS AND PHYSICAL DEMANDS

Work is typically performed indoors in an office environment. Incumbents must be able to perform work which includes typing, sitting, and standing. In the event that incumbent visits operations worksite, personal protection equipment, including head protection, hearing protection, safety glasses, safety shoes, and flame-resistant clothing is required. Safety rules including OSHA and DOT requirements are strictly enforced. Employees must be willing to travel and work extended hours on short notice.