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Revenue Accountant
2 months ago
Job Title: Revenue Accountant
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 Revenue Accountant:
- 9/80 Work Schedule
- Generous PTO and paid Holidays
- Competitive benefits plan
- Growth and learning opportunities
- Complimentary on-site gym
Revenue Accountant Responsibilities:
- Revenue Transactions: Record revenue transactions accurately and in compliance with industry standards and regulations.
- Revenue Expenses: Record revenue-related expenses and ensure proper classification and allocation.
- Revenue Voids: Process revenue voids promptly and accurately, documenting reasons and ensuring appropriate approvals.
- Coding for Revenue Invoices: Prepare coding for revenue invoices to facilitate accurate tracking and reporting.
- Prior Period Adjustments: Record and reconcile prior period adjustments related to revenue transactions.
- Revenue Accruals: Prepare and maintain revenue accruals to ensure timely recognition of revenue and expenses.
- Monthly Financial Analysis: Conduct detailed monthly financial analysis of revenue streams, identifying trends, variances, and areas for improvement.
- Balance Sheet Reconciliations: Prepare reconciliations for revenue balance sheet accounts to ensure accuracy and integrity of financial data.
- Regulatory Reports: Prepare and file regulatory reports, including severance tax and governmental royalty filings, ensuring compliance with regulatory requirements.
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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