Position Description

Accounting and FP&A Manager
Location Midland, Texas
ZIP/Postal code 79701
Requisition Number 147
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Our client was founded in 2019, is the leading water solutions provider in the energy sector. We are a highly dedicated team of professionals committed to delivering efficient, safe, and environmentally responsible water management solutions! Our comprehensive services include water transfer, water sourcing, water treatment and HDPE pipe rentals and installation.

We are committed to delivering exceptional service quality to customers by upholding our values of Integrity – Ingenuity – Teamwork - & Stewardship. We are seeking self-motivated employees to join our growing team in the Permian Basin. We pride ourselves in fostering a diverse and inclusive work environment where employees of all backgrounds and perspectives are welcome, respected, and valued.

We are a diverse team of experienced industry professionals bringing advancement to an industry at a critical time for E&P companies to maximize in-field efficiency and the ability to partner on a large-scale basis to deliver projects effortlessly. Our continued pursuit of what’s next challenges the status quo and there has never been a more important time to deliver on that promise by providing reliable, scalable, adaptable, and effective water solutions to the energy industry.

Our mission focused culture was founded on a belief that our values are the bedrock of our company. We believe that for us to achieve our mission and exceed expectations we need to practice radical truth, transparency and embrace change every day to transform the sector. Our employees know our company values and ensures every employee is working for the best cause of the company and the customers we serve. Each of our company leaders are mission focused on the safety and development of our people and understand that they are our business, they come first.

The Accounting & FP&A Manager will be responsible for the day-to-day financial activities of the organization in support of the CEO & Controller. This role will be controlling its financial resources and ensuring that all financial transactions, systems, and procedures comply with regulations, accounting principles, and standards.

Responsibilities:

  • Implement, monitor and develop CEO specific reporting including financial, cost and sales trends.
  • Develop new data analysis and insights.
  • Collect, analyze, and interpret complex data sets related to the organization.
  • Provide insights and recommendations based on market analysis to support strategic decision-making.
  • Prepare detailed reports, presentations, and documentation for internal stakeholders.
  • Implement and monitor changes to improve operational effectiveness and reduce costs.
  • Identify potential risks and develop mitigation strategies to minimize their impact on business operations.
  • Assist in the development and execution of the company’s strategic plans.
  • Analyzing the organization’s revenues, liabilities, credit conditions, and other financial indicators to forecast its short, medium, and long-term cash flow position.
  • Managing basic bookkeeping practices and ensure GAAP financial practices.
  • Implement cost reduction strategies based on financial systems and analysis reports.
  • Administer box server users and records for the accounting department ensuring they stay current and organized.
  • Develop and implement key weekly, monthly flash reporting for all divisions and departments.
  • Work with company leaders to create effective financial budget systems and aid in cost trend analysis and recommendations based on managers needs.
  • Simplify company reporting by streamlining reporting dashboards and information to be more effective.
  • Responsible for writing SOP’s for accounting and identify best practices for future growth.
  • Financial reporting responsibilities to include but not limited by:
    • Identify and develop cost reduction strategies based on trend analysis.
    • Provide investment guidance by reviewing capital spending and margin.
    • Provide Controller, CEO & COO in-depth performance dashboard and information.
    • Provide the Controller with active daily working capital analysis for best management of AR, AP, & ARLOC.
    • Manage capital spending reports by division and evaluation of return on capital.
    • Keep updated debt analysis worksheets.
    • Manage daily cash reconciliation and reporting to Controller.
    • Payroll allocation reporting.
    • Fuel allocation reporting.
    • Vendor analysis reporting and trends.
    • Procurement specific reporting.
    • Job cost control and customer acct analysis.
    • Divisional financial reporting needs.
    • Manage bonus and commission statements.
    • Assist CEO/Controller as needed.
    • Perform other duties as assigned.

Minimum Requirements:

  • Bachelor’s degree in accounting or finance preferred.
  • Proven working experience as Accounting Manager, Accounting Supervisor or Finance Manager, Financial Analyst, or Business Analyst.
  • Advanced computer skills on MS Office, accounting software and databases.
  • Ability to manipulate and interpret large amounts of data.
  • Proven knowledge of bookkeeping and accounting principles, practices, standards, laws, and regulations.
  • High attention to detail and accuracy.

 Physical Requirements and Environmental Conditions:

  • Extended periods of sitting or standing.
  • Lift or carry up to 15 lbs.
  • Will work in an office environment.
  • Be available to travel if needed.
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