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Senior Revenue Accountant

4 months ago

Spring, United States CIVITAS RESOURCES INC Full time
Job DescriptionJob DescriptionSummary of Position:

The senior revenue accountant will perform all aspects of revenue management, including managing revenue streams from oil or gas production, analyzing production trends and price forecasts, and developing revenue strategies to ensure long-term profitability. They will monitor and analyze financial data. Additionally, the senior revenue accountant will work closely with production staff to ensure accurate measurement and reporting of oil or gas volumes.


Primary Job Responsibilities:

  • Organize workloads and staff assignments as well as train, motivate, and evaluate assigned staff.
  • Review regulatory reports as well as severance tax reports with various state and federal regulatory reporting agencies.
  • Prepare month end revenue accruals to support the month end financial reporting process.
  • Prepare monthly revenue check-write process for accuracy and reasonableness.
  • Prepare state royalty and tax reports and payments.
  • Ensure revenue received is verified against all purchaser payments and purchaser payments agree to the company’s metered volumes.
  • Prepares and explains detailed revenue variance analysis as part of monthly close.
  • Serves as the key contact for inquiries from other departments, owners, and audits.
  • Assure all work performed adheres to CIVI standards.
  • Perform all other duties and projects as assigned.
  • Maintain all revenue-related SOX controls; participate in all controls testing by both internal and external auditors.
  • Lead, mentor and motivate junior accountants or financial analysts, providing guidance, support, and training to enhance skills and the team’s performance.
  • Help in identifying training needs and assist in ongoing coaching and development opportunities for team members to improve their accounting and industry knowledge.
  • Assist upper management in resolving complex accounting issues or challenges that arise in upstream operations.

Knowledge/Skills/Competencies:

  • Takes ownership of projects and responsibilities, displaying a high level of accountability and initiative.
  • Ability to work efficiently independently as well as effectively within a team environment.
  • Exceptional verbal and written communication skills, able to articulate ideas clearly and effectively in a variety of settings and with diverse audiences.
  • Meticulous attention to detail, consistently ensuring accuracy and precision in all tasks and deliverables.
  • Strong organizational and time management skills, enabling efficient planning and execution of work to meet established deadlines.
  • Utilizes exceptional critical thinking skills to analyze complex problems, assess various perspectives, and develop innovative solutions that drive informed decision-making and enhance overall organizational efficiency.
  • Demonstrates unwavering high integrity and consistently upholds ethical standards while maintaining a strong work ethic to ensure the highest level of trust and accountability in all responsibilities

Education & Experience:

  • Bachelor’s degree in accounting, Business, or Finance, or an equivalent required.
  • Minimum 8 years of experience in accounting, closing, reporting, and hands-on accounting systems.
  • Minimum of 6 years’ experience in oil and gas required; upstream preferred.
  • Proficient in Microsoft 360 products (Outlook, Excel, Word) required with advanced skills in Excel in particular.
  • Certified Public Accountant license a plus.
  • BOLO, Excalibur, or other P2 system experience a plus.

Travel Requirements:

  • Work is performed at a CIVI location Tues-Thurs with an option to work remotely on Mondays and Fridays.
  • Schedule: traditional 40-hour workweek or alternative schedule of 9 hour works days M-Thurs and 4-hour workdays Friday.
  • Travel required to the Civitas field locations.

Benefits:

  • Comprehensive healthcare coverage including medical, dental, and vision insurance.
    • Dental and Vision insurance premiums are at no cost to employees.
  • Generous 401(k) Retirement Plan with a 6% company match. 100% vest of employer contributions after the first month of employment.
  • Company paid Life & AD&D insurance.
  • Voluntary Life, AD&D, Accident, and Critical Illness plans.
  • Vacation, sick, volunteer, and holiday pay.
  • Health Saving Accounts (with an employer contribution) and Flexible Spending Accounts.
  • Fitness and tuition reimbursements.
  • Opportunity for Short Term and Long-Term Incentives.
  • Company paid short-term and long-term disability programs.
  • Paid parental leave.
  • Volunteer opportunities through The Civitas Community Foundation.
  • Employee assistance program.
  • Your choice of paid parking or an RTD EcoPass for Denver-based employees.

Please note that the following job posting does not guarantee or promise specific benefits offerings to potential employees. While we strive to provide competitive compensation and benefits packages, the availability and details of these offerings are subject to change and are ultimately determined by company policies and budgetary considerations. We encourage all applicants to review our official employee benefits documentation and engage in discussions with our HR representatives during the interview process to gain a comprehensive understanding of the benefits package available for the position.


Physical Requirements:
The physical demands described here are representative of those that must be met by this position to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

AMOUNT OF TIME

None

Under 1/3

1/3 to 2/3

Over 2/3

Stand

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Walk

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Sit

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Use hands & fingers

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Reach with hands & arms

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Climb or balance (includes ladders)

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Bending, kneel, squatting or crawling

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Talk or hear

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Wear personal protective equipment.

(e.g. respirator, fire resistant clothing)

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Weight Lifted

☒ Up to 10 lbs.

☐ Up to 25 lbs.

☐ Up to 50 lbs.

☐ Up to 100 lbs.

☐ More than 100 lbs.

Work Environment:
The work environment characteristics described here are representative of those this position may encounter while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

AMOUNT OF TIME

None

Under 1/3

1/3 to 2/3

Over 2/3

Work near moving mechanical parts

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Work in high, precarious places

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Fumes or airborne particles

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Toxic or caustic chemicals

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Outdoor weather conditions (heat & cold)

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Loud Noise (conveyor systems, mechanical equip, etc.)

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Note: This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job.  However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.