1. Energy careers
  2. Business and operations support
  3. Operations and Production Accounting Professional

Operations and Production Accounting Professional

NOC #13201, #11100, #11101

  • Environment Primarily indoor/office work
  • Education Post-secondary diploma
  • Average salary $50,000 to $117,000

Career profile

Operations and production accountants are data professionals that transform numbers into actionable insights that companies can use to drive informed decision-making. They play an indispensable role in ensuring that companies have the accurate and comprehensive financial information required to plan, execute, and optimize energy-related projects and operations, from exploration to well drilling and production.

Operations and production accountants verify and report on a multitude of financial factors, including quantities, costs, and revenues associated with energy-related activities. Their expertise is essential in ensuring that all financial transactions and data are meticulously accounted for and accurately reported to stakeholders.

Exploration and production, Oil and gas services, Pipelines, Carbon capture, utilization and storage, Emissions reduction, Geothermal

When you start in this occupation activities may include:

  • Undertake reserve-related financial calculations, analysis disclosures and integral controls including depletion, unproven property, ceiling test, standardized measure etc.
  • Establish tables of accounts and assign entries to proper accounts
  • Ensuring contracts are accurately represented in financial results

As you advance in the career, you may take on additional tasks including:

  • Analyzing (or preparing) accounting records, financial statements and other financial reports to assess accuracy, completeness and conformance to reporting and procedural standards
  • Assisting cross-functional teams in the review and recommendation of appropriate accounting treatments and related business processes for new approaches and practices that evolve from the business
  • Providing technical accounting support for federal and provincial tax submissions


  • A post-secondary diploma or degree in a relevant field, ideally in business, accounting, economics or petroleum technology – is typically required. An Energy Asset Management (EAM) two-year diploma is available from the Southern Alberta Institute of Technology (SAIT), in partnership with the Centre for Energy Asset Management Studies (CEAMS).


  • Specific health and safety certifications will be determined by job requirements


  • Chartered Professional Accountant (CPA) designation (legacy CA, CMA or CGA) may be required
  • Canadian Association of Petroleum Production Accounting (CAPPA) designation

  • Minimal or no travel
  • Primarily indoor/office work
  • Work not physically demanding

You like the facts. You’re energetic and collaborative, and you pay attention to the small details.

  • Clerical
  • Economics and accounting
  • Critical thinking
  • Attention to detail
  • Collaborative
  • Administration and management
  • Managing financial resources
  • Judgment and decision making
  • Innovative
  • Leading and living the company vision and values