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 Accounting Department is seeking to fill an Accounting Supervisor position. This position will be located in Bakersfield, CA.

The base annual salary for this posted position is expected to range from $110k - $140K, with a target annual bonus of 15% of base salary and eligibility to participate in our long-term incentive program. Individual pay factors, including education, experience level and relevant industry experience. Benefits include: Medical, Dental, Vision, 401K with Match, Paid Holidays, FSA, HSA.

A Supervisor Power Plant Accounting oversees the accounting functions within a power plant, ensuring accurate financial reporting, compliance with regulations, and efficient management of plant-related financial data. They supervise a team, handle cost accounting, prepare budgets, analyze variances, and participate in financial reporting and closing processes.

Responsibilities:

• Oversee a team of accountants, including hiring, training, performance evaluations, and professional development.
• Monitor and analyze plant costs, including labor, materials, and expenses, and prepare reports for management.
• Preparation of annual budgets, monitor actual costs against budget, and identify variances.
• Prepare financial statements (e.g., income statement, balance sheet) and reports for regulatory agencies and internal stakeholders
• Ensure adherence to accounting standards (e.g., GAAP) and relevant regulations (e.g., SEC regulations).
• Maintain and improve internal controls to ensure the accuracy and reliability of financial data.
• Manage the month-end closing process, including journal entries, reconciliations, and financial statement preparation.
• Analyze variances between actual and budgeted costs and investigate significant discrepancies.
• Oversee the accounting for plant assets, including capitalization, depreciation, and disposals.
• Communicate financial information to plant management, coordinate with other departments, and collaborate on projects.

Qualifications:

• Bachelor's degree in accounting, finance, or a related field
• 7+ years of experience in accounting, with supervisory experience preferred.
• Strong understanding of accounting principles, financial regulations, and GAAP.
• Proficiency in accounting software and ERP systems (Oracle).
• Strong analytical and problem-solving skills.
• Effective leadership, team management, and communication skills.
• Strong attention to detail and accuracy in financial data.
• Knowledge of relevant regulations, including those specific to the power plant industry.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.