ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Supervise and develop revenue accounting personnel

 

• Compile and analyze monthly/quarterly reports for oil and gas area level results

 

• Provide monthly/quarterly variance analysis to Management

 

• Supervise the recording monthly oil and gas revenues and all related entries and disbursements for co-owner, royalty and tax obligations; assist as needed

 

• Record, analyze and reconcile monthly revenue accruals; compare to actual results

 

• Perform monthly price and volume field variance analysis

 

• Provide monthly support and analysis for revenue related balance sheet accounts

 

• Review monthly accounts receivable aging; manage collection of accounts

 

• Assist with internal and external audit requests

 

• Assist with development of policies and procedures to support accounting functions

 

• Identify and implement revenue accounting process and system enhancements

 

• Research and resolve revenue accounting issues with partners and internal customers

 

• Assist in providing revenue information for Planning and Reserve Reporting

 

• Understand statutory / regulatory royalty and tax reports, prepare and file such reports and perform related reconciliations

 

• Track wellhead and pipeline gas balancing

 

POSITION SPECIFICATIONS:

• Bachelor’s degree required

 

• CPA, CMA, MBA a plus.

 

• A minimum of eight years experience in all phases of oil and gas accounting. Texas Severance Tax exemptions, MMS and/or CA royalty experience is preferred.

 

• Demonstrated advanced technical skills in oil and gas revenue accounting.

 

• Candidate must be able to translate contractual and operational processes to accounting processes and data file set-ups.

 

• Proficiency in Microsoft Office applications required

 

• Knowledge of Excalibur highly desirable.

 

• Demonstrated skills in developing staff.

 

• Ability to manage conflict and areas of disagreement with owners, staff, agencies and internal resources.

 

BASIC PURPOSE OF POSITION:

Provide the timely and accurate recording of revenue for properties owned by the Company through directing the Revenue Accounting process and staff. Interaction with Operations, Marketing, Property Administration and Land personnel to set-up and maintain revenue file data will also be required.