California Resources Corporation

Senior Accountant -Financial Reporting and Consolidations

LocationSanta Clarita, CA
Job Typefull_time
Salary$95,000-$130,000

About This Job

California Resources Corporation is a publicly traded oil and natural gas exploration and production company and the largest oil and natural gas producer in California. We operate our world-class resource base exclusively within the State of California, applying complementary and integrated infrastructure to gather, process and market our production. Using advanced technology, CRC’s workforce focuses on safely and responsibly supplying affordable energy for California by Californians. The CRC Financial Reporting Department is seeking to fill a Senior Accountant position. This position is based out of our Santa Clarita office.

The Senior Accountant - Financial Reporting and Consolidations will report to the Manager Financial Reporting and will play a key role in the financial close and reporting process, ensuring completeness and accuracy of reporting, and compliance with accounting standards. This individual will be responsible for consolidating financial data from multiple entities and preparing financial statements and other external reporting. The ideal candidate will have a strong accounting background, exceptional analytical, problem solving, and critical thinking skills, and the ability to thrive in a changing environment.

The base annual salary for this posted position is expected to range from $95k - $130K, with a target annual bonus of 10%-15% of base salary and eligibility to participate in our long-term incentive program. Individual pay decisions are based on several factors, including education, experience level and relevant industry experience. Benefits Include Medical, Dental, Vision, 401k with Match, Paid holidays, FSA and HSA.


Responsibilities and Duties:

Support the month-end and quarter-end closing processes, ensuring timely and accurate completion of consolidations and reporting
Reconcile intercompany and interdivisional transactions and balances and prepare necessary elimination entries for consolidation for multiple entities
Assist in the preparation of monthly and quarterly consolidated financial statements, including income statement, balance sheet, cash flow statement, and equity statement, in accordance with U.S. GAAP, SEC and other reporting regulations (e.g., bank compliance)
Provide detailed high-quality financial statement analytics and valuable variance commentary
Develop process maps and improve the control framework for financial reporting processes
Coordinate with various departments, including accounting and operations, to ensure all necessary financial data is available for consolidation purposes
Assist in implementation of new accounting standards and reporting requirements as needed
Ensure compliance with internal controls and assist in the implementation of control enhancements as necessary
Support external service providers, such as auditors and valuation specialists, by providing requested documentation and explanations in timely manner


Requirements:

Bachelor’s degree in Accounting /Finance from a four-year university required
Minimum of 5 years of progressive accounting experience. Supervisory experience is not required, but preferred
Strong knowledge of U.S. GAAP and experience with financial consolidations and intercompany accounting
Proficiency in accounting software and ERP systems (experience with Oracle and Hyperion is highly preferred)
CPA and Public Accounting (audit) experience preferred
Ability to work independently, take initiative, and drive results in a fast-paced environment
Excellent analytical, problem solving, and critical thinking skills, with a high attention to detail

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