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Senior Revenue Accountant

2 months ago

The Woodlands, United States Creative Financial Staffing Full time

Job Title: Senior Revenue Accountant

Senior Revenue Accountant Job Summary: We are seeking a skilled Revenue Accountant to join our team. The ideal candidate will be responsible for accurately recording and analyzing revenue generated from oil and gas production activities. This role requires a meticulous attention to detail, strong analytical skills, and a comprehensive understanding of accounting principles specific to the oil and gas industry.

Perks of the Senior Revenue Accountant:

  • 9/80 Work Schedule
  • Generous PTO and paid Holidays
  • Competitive benefits plan
  • Growth and learning opportunities
  • Complimentary on-site gym

Senior Revenue Accountant Responsibilities:

  1. Revenue Transactions: Record revenue transactions accurately and in compliance with industry standards and regulations.
  2. Revenue Expenses: Record revenue-related expenses and ensure proper classification and allocation.
  3. Revenue Voids: Process revenue voids promptly and accurately, documenting reasons and ensuring appropriate approvals.
  4. Coding for Revenue Invoices: Prepare coding for revenue invoices to facilitate accurate tracking and reporting.
  5. Prior Period Adjustments: Record and reconcile prior period adjustments related to revenue transactions.
  6. Revenue Accruals: Prepare and maintain revenue accruals to ensure timely recognition of revenue and expenses.
  7. Monthly Financial Analysis: Conduct detailed monthly financial analysis of revenue streams, identifying trends, variances, and areas for improvement.
  8. Balance Sheet Reconciliations: Prepare reconciliations for revenue balance sheet accounts to ensure accuracy and integrity of financial data.
  9. Regulatory Reports: Prepare and file regulatory reports, including severance tax and governmental royalty filings, ensuring compliance with regulatory requirements.

Senior Revenue Accountant Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field.
  • CPA certification preferred.
  • Minimum of 2 years of experience in revenue accounting within the oil and gas industry.
  • Comprehensive understanding of revenue recognition principles, specifically related to oil and gas production.
  • Proficiency in accounting software, such as BOLO
  • Strong analytical skills with the ability to interpret complex contracts and financial data.
  • Excellent communication skills, both verbal and written.

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