Revenue Accountant

2 months ago


Houston, United States Hilcorp Full time

Job Objective:

Record Onshore Operated Oil and Gas Revenue, perform monthly sales variance analysis, and reconcile related accounts receivable and payable balances.

Essential Job Responsibilities:

  • Prepare and record monthly oil and gas revenue, royalties, deducts and taxes for assigned fields accurately and timely with limited supervision
  • Maintain master data set ups and trouble shoot ERP system error messages with assistance as needed
  • Understanding of gas plant statements, including the proper booking of fees and adjustments, ensuring they agree to the marketing contract
  • Review cash application for assigned properties
  • Reconcile and resolve outstanding account receivable and payable balances for assigned properties
  • Prepare revenue variance analysis and explain fluctuations exhibiting an understanding of the impact of volumetric and value calculations for assigned properties
  • Prepare monthly accrual journal entries
  • Prepare monthly transportation payment requests (check, ach, wire)
  • Exhibit exceptional proficiency in data management, including spreadsheet proficiency with little assistance or guidance.
  • Able to develop a fundamental understanding of their accounting workflow for assigned area of responsibility
  • Ensures proper internal controls are in place to check accuracy of work product
  • Able to complete ad-hoc requests in addition to routine tasks
Other Job Responsibilities:
  • Adheres to the company's values - integrity, ownership, urgency, alignment, and innovation.
  • Supports company's vision and mission
  • Maintains employee confidence and protects company assets, including intellectual property, by keeping information confidential.
  • Adheres to established work schedule, attendance standards and is punctual to work and meetings
  • Demonstrates willingness and ability to complete special projects
  • Contributes to team effort by accomplishing related results
Qualifications:
  • Five (5) years minimum experience booking operated oil and gas revenue accounting
  • Understands revenue recognition regulations
  • Familiar with the integration that revenue valuation has with land/division order, marketing, production and regulatory accounting
  • Familiar with the application of transportation and POP fees in the revenue calculation
  • An understanding of the interdependences between accounting departments and basics of the oil & gas industry
  • Ability to document desk procedures
  • Recognize internal controls for area of responsibility to ensure accuracy of work
  • Outstanding administrative and organizational skills
  • Excellent written and verbal communication skills, with specific ability to translate complex operational information into an organized and presentable manner
  • Proficient in the use and application of the following software:
    • Microsoft Office Suite (Excel, Word and Outlook)
    • Within Excel use of Pivot Tables and Analysis for Office
    • SAP PRA Accounting software experience
Education Requirements:
  • Bachelor's Degree from an accredited four-year university or college with a degree in accounting or relevant experience.

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