Revenue Accountant

Upstream E&P REVENUE ACCOUNTANT

*   One of the largest, privately held exploration & production companies in the United States…Fortune 100 Company, with workforce of nearly 3.000 professionals
*   Innovative company, always looking for better ways to do things
*   Excellent company that gives back to the community
*   Values employees and in the last 10 years bonus has averaged out to be 30% and everyone gets 4 weeks of vacation
*   Assets in North Slope of Alaska, the Rocky Mountains of Wyoming, along the Rio Grande in Texas

Job Objective:
Records oil and gas sales; performs sales variance analysis; and reconciles balance sheet accounts.

Essential Job Responsibilities:

• Prepares and records oil and gas revenue, royalties, deducts and taxes for complex assigned fields timely and with accuracy on a monthly basis with limited supervision
• Maintains master data set ups and trouble shoots error messages in ERP system with assistance as needed
• Reviews cash application by assigned properties on a monthly basis
• Reconciles and resolves outstanding account receivable and payable general ledger balances for assigned properties on a monthly basis
• Prepares sales variance analysis and explains major sales fluctuations for assigned properties on a monthly basis through exhibiting an understanding of the impact of volumetric and value calculations on financial statements and be able to explain variances to non-accounting staff
• Understands gas plant/midstream statements, including fees and adjustments and their proper booking as they agree to the marketing contract
• Understands the revenue recognition regulations
• Delivers results and reports on a broad range of assignments that require research and analysis.
• Establishes and maintain effective working relationships with team members and leadership of other departments, officials and the public
• Proactively identifies and solves moderately complex problems accurately and presents solutions to many situations while exhibiting exceptional proficiency in data management, including spreadsheet proficiency with little assistance or guidance.
• Able to develop a fundamental understanding of their accounting workflow for assigned area of responsibility
• Ensures proper internal controls are in place to check accuracy of work product
• Able to complete ad-hoc requests and special assignments in addition to routine tasks

Other Job Responsibilities:

• Able to facilitate and lead meetings effectively
• Provides trainings and guidance to junior staff on routine tasks
• Adheres to the company’s values – integrity, ownership, urgency, alignment, and innovation.
• Supports company’s vision and mission
• Maintains employee confidence and protects company assets, including intellectual property, by keeping information confidential.
• Adheres to established work schedule, attendance standards and is punctual to work and meetings
• Demonstrates willingness and ability to complete special projects
• Contributes to team effort by accomplishing related results
• Other duties as assigned by management

Qualifications:

• Five (5) years minimum experience in oil and gas revenue accounting.
• Ability to complete multiple, diverse tasks of differing priorities.
• Very familiar with integration between division orders, marketing, production accounting, compliance and transportation and POP fees.
• Demonstrate a strong understanding of the interdependences between accounting departments and basics of the business/industry.
• Ability to document new desk procedures
• Ability to identify and implement controls for areas of responsibility to ensure accuracy of work
• Outstanding administrative and organizational skills.
• Excellent written and verbal communication skills, with specific ability to translate complex operational information into an organized and presentable manner.
• Proficient in the use and application of the following software:
• Required:    Microsoft Office (Excel, Word and Outlook), SAP PRA Accounting software experience. Working knowledge of Enertia preferred.

Education Requirements:

• Bachelor’s Degree from an accredited four-year university or college with a degree in accounting or relevant experience.