Staff Accountant at Stronghold Investment Management

Bengaluru, Karnataka, India

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Investment Management, Real Assets, Oil and Gas, Private MarketsIndustries

Requirements

Bachelor’s degree in accounting, finance, or a related field (B.Com / M.Com / CA-Semi Qualified or CA-Inter preferred)
At least 2-4 years of progressive accounting experience
Specific experience with oil & gas accounting, private equity, or multi-entity fund structures is highly preferred
Knowledge of US taxation and statutory compliance will be an added advantage

Responsibilities

Accurately track, record, and reconcile incoming royalty checks, revenue payments, and lease operating statements from third-party operators
Process and record monthly Joint Interest Billing statements from external operators, ensuring expenses are monitored for the Firm’s non-operated working interests
Review and maintain AFE (Authorization for Expenditure) tracking and capitalization of new well development costs
Prepare and record monthly closing journal entries, accruals and balance sheet reconciliations
Prepare and maintain accurate books of accounts using the ERP software
Record day-to-day accounting including journal entries, invoice processing, payment accounting, AR/AP management, and expense recording
Manage Accounts Payable and Accounts Receivable
Monitor the accounts payable processes, including invoice recording, tracking, payment scheduling, and coordination with vendors and internal stakeholders for timely processing
Conduct periodic vendor and other GL reconciliations
Prepare MIS reports such as expenditure reports, ageing reports, cash flow summaries, budget vs. actual analysis
Prepare schedules and documentation for statutory & internal audits
Oversee and maintain partner capital account statements, process investor distributions, and prepare investor reporting packages
Assist with cash flow tracking, distribution reconciliations, and treasury coordination as needed
Prepare and file GST returns and prepare GST reconciliations
Ensure compliance with TDS deductions, payments, and filing of TDS returns
Prepare and support SOFTEX filings for export of services
Assist with PF, ESI, PT and other statutory filings

Skills

Key technologies and capabilities for this role

Oil and Gas AccountingRoyalty TrackingRevenue ReconciliationLease Operating StatementsFinancial ReportingMonthly CloseQuarterly ClosePrivate Equity AccountingMulti-Entity AccountingReconciliation

Questions & Answers

Common questions about this position

Is this position remote or on-site?

The position is full-time and on-site, requiring 5 days a week in Bengaluru, India.

What are the key responsibilities for oil and gas accounting in this role?

Responsibilities include tracking and reconciling royalty checks, revenue payments, and lease operating statements; processing Joint Interest Billing statements; maintaining AFE tracking; and preparing monthly closing journal entries, accruals, and balance sheet reconciliations.

What experience is ideal for this Staff Accountant position?

The ideal candidate has strong foundational accounting knowledge and proven experience in private equity or multi-entity investment accounting.

What is the reporting structure for this role?

The Staff Accountant will report to a Manager or Senior Manager.

What makes a strong candidate for this Staff Accountant role?

A strong candidate has strong foundational accounting knowledge, proven experience in private equity or multi-entity investment accounting, and a proactive, solution-oriented mindset suited for a dynamic and growing organization.

Stronghold Investment Management

Invests in real assets and private markets

About Stronghold Investment Management

Stronghold Investment Management offers a resourceful investing system focused on real assets and private markets, leveraging deep technical expertise and cross-functional collaboration. The company pursues opportunistic investments in energy and natural resources, managing investments through their life cycle using a technology-driven, vertically integrated approach.

3811 Turtle Creek Blvd #1300, Dallas, TX 75219, USAHeadquarters

2016Year Founded

VENTURE_UNKNOWNCompany Stage

Venture CapitalIndustries

51-200Employees