Revenue Accountant

Overview

• Contribute to the Revenue Accounting team by accurately recording and analyzing revenue from oil, gas, and liquid sales.
• Perform volume and price analysis, new well setup, and monthly accruals to ensure compliance and financial accuracy.
• Handle general ledger reconciliations and assist with royalty owner inquiries for operated and non-operated properties.
• Collaborate with multidisciplinary teams to resolve issues and manage cross-functional projects effectively.
• Generate financial and production reports for management and external parties, ensuring data accuracy and compliance.
• File required reports with state regulators and process adjustments for prior periods.
• Engage in invoice processing for gas sales and purchases, ensuring timely and accurate transactions.
• Maintain and update revenue guidelines for royalty disbursement processes.

Key Responsibilities & Duties

• Prepare monthly accruals for Gas, NGL, and Condensate by collaborating with the Marketing Department.
• Ensure accurate setup and maintenance of new and established wells in accordance with revenue guidelines.
• Record and post revenues and volumes for oil, gas, condensate, and NGLs from production data.
• Invoice counterparties for gas sales and process payments for gas purchases.
• Reconcile revenue-related general ledger accounts and balance sheet items monthly.
• File reports with state regulators, including VGOB, Federal and State Backup Withholding, and 1099s.
• Process and post adjustments for volume, price, cost, and ownership changes for prior periods.
• Generate financial and production reports for management and external parties.
• Collaborate with Land, Production, Marketing, and Operations teams to resolve issues effectively.

Job Requirements

• Bachelor’s degree in Accounting or related field is required.
• 1-3 years of accounting experience, preferably with an E&P company.
• Strong team and relationship-building skills to engage multidisciplinary teams.
• Excellent verbal and written communication skills are essential.
• Proficiency in Microsoft Office, SAP or other ERP systems, and QRA software.
• Detail-oriented with the ability to manage cross-functional, ad hoc projects.
• Office-based position requiring strong organizational and analytical skills.
• Ability to generate accurate financial and production reports for stakeholders.