As the oil and gas business in North America and around the world grows more sophisticated, companies need financial professionals more than ever to guide them smartly—and profitably grow through the thicket. During the past couple of years, the Financial Accounting Standards Board (FASB) has issued several pronouncements that have had, or in the future could have, significant effects on the financial statements of oil and gas producers. Trends are changing the way the oil and gas industry manages its business. Globalization, standardization, cost reduction, production maximization and revenue optimization are the new challenges the industry faces.
Our recruiters have experience placing professionals in various financial roles within the oil and gas industry, including positions such as:
The oil and gas industry faces complex and multiple tax issues on the state, federal and international level. In 2011 the 3 Major US Oil Companies paid more in income tax than any other corporation in America. Many dispute "big oil" does not pay its fair share, but pending oil & gas tax legislation could affect the bottom line for many companies in the industry. The Dahill Group, a specialized oil & gas-recruiting firm, helps Major Oil and Gas companies find experienced tax professionals. It is critical to have an experienced recruiters that understands the specialists across tax disciplines and jurisdictions.
Corporate and Financial reputation is critical in today's competitive, fast-paced economy. A favorable reputation requires more than just an effective communication effort; it requires strategic management responsibility that is capable of integrating finance, communication, marketing and securities law compliance to enable the most effective two way communication between a company, the financial community, and others. The end goal is to contribute to a company’s securities achieving fair valuation. The need for an experienced investor relations officer is more critical today then we have ever experienced in the past. An investor relations officer is accountable for communicating and presenting a consistently applied investment message to the investment community on behalf of the company, and for overseeing and presenting to management the opinions of the investment community regarding the company's performance. They also handle the critical communication with your shareholders and investors.
As we see the demand and growing need for businesses to raise capital to meet increasing competition and to finance growth, the addition of a Investor Relations Officer is essential to a publicly traded company, especially in the oil & gas industry, one of the most high profile and controversial.
An experienced Investor Relations employee with industry experience will have and will continue to oversee changes in the industry - you can expect a lot of new developments in the years ahead!