Full-Time
Staff Accountant
Stronghold Investment Management
51-200 employees
Technology-driven real assets investment manager
No salary listed
Bengaluru, Karnataka, India
In Person
 Accounting (1) |
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- 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
- Strong understanding of US GAAP, India Statutory compliance and monthly close processes
- Proficiency in Excel (including pivot tables and advanced formulas); experience with major ERP or fund accounting systems is preferred
- Strong organization skills and ability to manage multiple priorities with accuracy and accountability
- Ambition to grow and excel in a high-performance environment, taking on increasing responsibility over time
- 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
- Knowledge of US taxation and statutory compliance will be an added advantage
Stronghold Investment Management is a technology-driven, vertically integrated investment manager focused on real assets and related private markets, with a particular emphasis on oil and gas. The company uses a proprietary technology platform to manage and analyze large datasets, enabling collaboration among investment professionals, diligence specialists, asset managers, and technical experts. Its approach supports disciplined, timely decisions and rapid transaction velocity, as it systematically and frequently transacts in physical properties by partnering with local, in-basin origination partners. Unlike many peers, Stronghold combines deep technical expertise, financial structuring creativity, and strategic partnerships to execute investments efficiently. The Austin office centers on technology development as a strategic advantage. Overall, the goal is to deliver best-in-class risk-adjusted returns through this technology-driven framework and network of collaborations.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Dallas, Texas
Founded
2016
Simplify's Take
What believers are saying
- 45Q tax credit expansion creates new monetization pathways for carbon capture on portfolio assets.
- Co-investment model attracts capital partners seeking disciplined, high-frequency energy transactions.
- Scaled operations across Dallas, Oklahoma City, Big Spring demonstrate proven execution capability.
What critics are saying
- OPEC+ production increases drive oil price declines, eroding asset values and transaction returns.
- Texas Railroad Commission flaring regulations force costly retrofits on Midland Basin portfolio assets.
- Larger competitors like Blackstone outbid on core acreage with superior capital pools.
What makes Stronghold Investment Management unique
- Vertically integrated technology platform enables rapid transaction velocity in oil and gas properties.
- Deep basin partnerships and local origination networks provide deal flow advantages in Permian.
- Risk-adjusted return focus with creative financial structuring differentiates from commodity-exposed competitors.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Company Match
Paid Vacation
Parental Leave
Performance Bonus
Health Savings Account/Flexible Spending Account