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Energy Outsourcing

Your complete oil and gas outsourced financial advisory and reporting solution. From revenue tracking to financial reporting and everything in between.

Industry leaders transforming oil and gas financial reporting into a strategic asset. That’s Embark.

Timely, accurate financials

The reliable information you need, when you need it, so you can make confident moves. Those never-ending close marathons are a thing of the past.

Deep oil and gas know-how, led by proven leadership at the helm

No learning curve here. Our team's deep industry experience and veteran leadership mean we hit the ground running, saving you time and headaches.

Services that flex to your exact needs

Our services seamlessly scale up or down as you need them—never too much, but never lacking bandwidth.

Best-in-class processes and tech

Our deep knowledge of financial reporting, automation, and process best practices is a huge win for you and your bottom line.

Happy consultants make happy clients

People do their best work when they’re happy. That’s why we’ve created the absolute best workplace for consultants. No wonder our NPS is over 70% higher than the industry average.

Comprehensive solutions for the entire oil and gas lifecycle

Expert-led outsourced services with smooth, worry-free onboarding. That’s a win-win.
Revenue
  • Application of receipts
  • Process revenue distribution
  • Initiate royalty payments
  • Production tax reporting
  • Track payouts and imbalances
Accounts Payable
  • Process via electronic workflow
  • Initiate vendor payments
  • Maintain vendor master files
Joint Interest Billing
  • Process and distribute to owners
Accounts Receivable
  • Maintain aging reports
Treasury
  • Record cash activity
  • Reconcile bank accounts
Land
  • Maintain well, deck, and owner master files based on information provided by the client
  • Record leases/bonuses
Inventory
  • Record material transfers
Production Reporting
  • Sales allocations and reconciliations
General Financial Reporting
  • Prepare and maintain monthly checklist
  • Balance sheet reconciliations
  • Maintain general ledger and subledgers
Month / Quarter / Annual Close
  • DD&A
  • ARO
  • Accruals
  • Client-specific journal entries
Month / Quarter / Annual Financial Statements
  • Balance Sheet
  • Income Statement
  • Statement of Cash Flows
  • Statement of Equity
  • Lease Operating Statement(s)
  • PE/Management reporting

Oil and gas financial advising veterans helping you focus on the road ahead

Meet the rest of the team

Chris Washburn

Outsourcing Practice Line Leader

Skilled teams of Big 4 alumni, industry veterans, and elite consultants driving your business forward. That’s Embark.

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What We Do

Our clients are happy. We’re happy. Everybody’s happy.

Join us and make cul Join us and make cul (2)

We have had great experience with highly competent people in all projects we have engaged them for. In my experience the competence of the folks has been hard to replicate consistently with other companies. 

Melanie Merritt, Corporate Controller of Helmerich & Payne, Inc.

The team is on top of it. They have been understanding and flexible with pricing and timing the engagement. The team, at all levels, is very competent in regards to the project. They stay in constant communication and engage us in a very personal yet professional manner.

Terry Nwosuocha, CPA - Senior Director of Financial Reporting & Accounting of SecurityScorecard

Amazing supportive attitude supported by a deep and broad knowledge and skill. Our requirement is always 1000% fulfilled by Embark team.

Bruce Suzuki, Lyseon North America Inc. (LNAI)

Embark sends the best people, so much so that it makes us think that these people grow on trees. We know they don't and we are grateful for all Embark does for our team.

Brandon Walls, CPA - Vice President, Controller of Ashford Hospitality Trust
Neiman
Tenet
Omni
Micron
Gamestop

Outsourcing resources

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Reporting Risk & Controls
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OFFICE OF THE CFO
The Accounting Leadership & Controller Transition Template

Being the new kid in class is rarely a pleasant experience. You’re a stranger in a strange land, tasked with learning a lengthy list of written and unwritten rules, making friends, and quickly trying to fit in before the other kids label you a weirdo.

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OUTSOURCING
Outsourced CFO Services: Benefits, Challenges, and Considerations

Deciding when to hire a CFO is a tough choice for small businesses. Your team is laser-focused on your company's operations, and while you understand financial leadership is critical, it isn't easy to carve out the time – or money – to invest in a full-time CFO. Quite the catch-22, huh?

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About us

We solve complex problems for finance functions with brilliant, amazing people that love what they do. 

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Join the Embark team

Want to know the secret behind our success? It's our people. Talent, pure and simple.

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Explore our resources

Industry-leading resources built to educate, problem-solve, and stir up new ideas.

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