Job Description

DESCRIPTION:

The Property Accountant is responsible for executing key operational and financial accounting activities within Talos Energy's policies, procedures, and control framework. This role serves as a critical link between Operations, Land, and Accounting to ensure accurate accounting of operated and non-operated offshore properties, including cost tracking, accruals, and financial close.

DUTIES & RESPONSIBILITIES:

This position will be responsible for numerous property accounting activities at Talos Energy including but not limited to:

• Track and reconcile tangible equipment, including material transfers, yard balances, and valuation accuracy


• Support cash management processes, including AFE cash calls, partner billing, and related reporting


• Assist with the calculation of Asset Retirement Obligation (ARO), including the calculation of accretion expense and application of decommissioning costs


• Support monthly and quarterly close processes to ensure deadlines and reporting requirements are met


• Preparing journal entries and maintaining multiple account reconciliations


• Maintain compliance with SOX and internal control requirements, including documentation and testing support


• Collaborate with Operations, Land, and Procurement/Supply Chain to ensure accurate cost classification, accruals, and asset tracking


• Identify and assist implementation of process improvements to enhance efficiency and accuracy of property accounting processes


• Support joint interest accounting processes, including cost allocations and partner billings as necessary

EDUCATION & EXPERIENCE:

• 2+ years of property accounting experience at an upstream oil and gas company


• Bachelor’s degree in Accounting or Finance

QUALIFICATIONS & SKILLS:

• Possess strong analytical skills


• Able to perform detailed work with speed and accuracy


• Able to organize and prioritize a dynamic workload involving detailed processes and time-sensitive priorities


• Understanding of upstream accounting principles, including AFE accounting, accrual processes, and operational cost tracking


• Communicates effectively, both orally in person and using a telephone and in writing


• Demonstrates integrity and sound judgement in handling ethical matters

• Willing to work extended hours as needed during month-end close, reporting deadlines, and other high-demand periods

• Self-motivated and detail-oriented


• Proficient in Microsoft Office; experience in BOLO accounting system preferred

CERTIFICATES & LICENSES:

• There are no certificates, licenses or registrations required for this position

PHYSICAL REQUIREMENTS:

• Employee must be able to sit for extended periods of time and have use of arms and hands in repetitive motion. A fair amount of standing and walking is also required for the position

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