Senior Accountant - Oilfield Services Rental Company

Spartan Energy Services

Senior Accountant - Oilfield Services Rental Company

Lafayette, LA
Full Time
Paid
  • Responsibilities

    Benefits:

    401(k)

    401(k) matching

    Dental insurance

    Health insurance

    Paid time off

    Vision insurance

    Position Summary

    The Senior Accountant is responsible for overseeing day-to-day accounting operations supporting the Controller. Ensure accurate financial reporting and supporting asset-intensive rental operations. This role requires strong knowledge of revenue recognition, fixed asset accounting, and cost tracking in a high-volume, service-driven environment.

    Key Responsibilities

    Financial Reporting & Close

    Assist and prepare and review monthly, quarterly, and annual financial statements

    Assist in month-end and year-end close processes, including journal entries and reconciliations

    Analyze variances and provide actionable insights to management

    Revenue

    Review revenue recognition for rental contracts, service agreements, and project-based work

    Monitor utilization-based billing and ensure accuracy of rental income

    Track and allocate direct and indirect costs across jobs, regions, and business units

    Fixed Assets & Inventory

    Assist and reconcile fixed asset module (rental fleet, tools, equipment)

    Oversee depreciation schedules and capital expenditure tracking

    Partner with operations to ensure accurate asset tagging, transfers, and disposals

    Monitor inventory levels, obsolescence, and cycle counts

    Accounts Receivable & Cash Flow

    Support AR oversight, including aging analysis and collections strategy

    Work with operations and sales to resolve billing discrepancies

    Assist in managing cash flow forecasting and working capital optimization

    Compliance & Controls

    Ensure compliance with GAAP (Generally Accepted Accounting Principles)

    Maintain internal controls and support audit processes (internal & external)

    Assist with tax reporting, including sales/use tax and property tax for equipment

    Process Improvement

    Identify and implement efficiencies in accounting processes and systems

    Support ERP implementation

    Qualifications

    Bachelor’s degree in Accounting or Finance

    5–8+ years of accounting experience (oilfield services, rental, or industrial services preferred)

    Strong understanding of revenue recognition and fixed asset accounting

    Experience with ERP systems (e.g. Microsoft Dynamics 365)

    Advanced Excel skills (pivot tables, lookups, data analysis)

    Key Competencies

    Strong analytical and problem-solving skills

    Attention to detail with ability to manage high transaction volumes

    Ability to partner cross-functionally with operations and leadership

    Strong communication and organizational skills

    Be self supervised

    Ability to thrive in a fast-paced, field-driven environment

    Work Environment

    Office-based with regular interaction with field operations teams

    Occasional travel to yard locations or field sites may be required