Revenue Accounting Manager

2 weeks ago


Houston, United States Partnership Employment Full time

Local privately-held company is seeking a Revenue Accounting Manager that will lead the Revenue accounting team that is responsible for revenue bookings, revenue DOI maintenance, owner relations, 1099 filings, and state unclaimed property filings.

Responsibilities

  • Lead the monthly analysis of revenue trends in pricing, volumes, and values by coordinating with internal and external stakeholders to ensure timely and accurate revenue reporting and analysis.
  • Facilitate information flow between Revenue, Land, AP, and Operations to ensure timely and accurate disbursements for new well revenues for both operated and non-operated properties
  • Coordinate with AP on revenue netting on non-operated properties
  • Coordinate data acquisition with other internal departments to ensure the accuracy of the data used for bookings.
  • Manage the process, including data, research and deadlines, for the unclaimed property filings (Escheat) to multiple states.
  • Recommend and implement improvements which efficiently and effectively address changing business needs while maintaining or improving internal controls.
  • Assist with processes and reporting needs between the Excalibur accounting system and other internal systems.
  • Collaborate closely with other internal department leaders to improve on processes and streamline existing reporting, systems, and dataflow.
  • Support corporate acquisition and divesture related activities.
  • Manage 1099-MIS, NEC, and INT reporting to owners.

Qualifications

  • 4-year undergraduate degree (Accounting/Finance), with 8+ years of oil and gas Revenue accounting experience, or high school diploma with 12+ years of progressive oil and gas revenue accounting or equivalent experience.
  • Strong knowledge of, and experience working with, revenue detail for both operated and non-operated properties. (Note: Accredited Petroleum Accountant (APA) accreditation is a plus)
  • 3+ years supervisory experience.
  • 6+ years experience with and strong working knowledge of Excalibur or similar oil and gas accounting software.
  • Strong critical thinker who can combine their advanced Microsoft Excel, problem solving, and data analysis skills with strong communication skills.
  • Past success in establishing and maintaining cooperative working relationships, while fostering and encouraging teamwork with various internal departments and external third parties.
  • Very strong interpersonal skills regarding mentoring, training, professional development and motivation of staff.
  • Proven knowledge of outside operated revenue processes and the associated
  • Demonstrated ability to lead, delegate and provide advanced technical knowledge of oil and gas Revenue accounting practices for a variety of highly complex assignments, while successfully collaborating with various company departments (e.g., Production, Marketing, Land, Legal, and Corporate Accounting), as well as third parties.
  • Flexible and adaptable to changing priorities, tasks, and deadlines.
  • Strong Microsoft Office experience and skills including Excel, Word, Outlook, and Teams. Proficient with PowerPoint
  • Experience related to oil and gas property asset acquisitions and divestitures, including required system setup for the acquired properties is a bonus.

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