Revenue Compliance Specialist

5 days ago


Midland, Texas, United States Jobot Full time
About the Role

We are seeking a highly skilled Revenue Compliance Specialist to join our team at Jobot. As a key member of our organization, you will be responsible for ensuring the timely and accurate processing, filing, and payment of all state and federal royalties and taxes.

Key Responsibilities
  • Process, file, and pay state (New Mexico) and federal royalties, including any necessary amendments.
  • Manage the filing and payment of state severance taxes and related amendments in New Mexico.
  • Stay updated on NMOGA guidelines and communicate any changes that could impact the business.
  • Prepare monthly reconciliations for state and federal royalty and severance tax accounts.
  • Collaborate with severance tax consultants to ensure compliance and maximize available deductions.
  • Process, file, and document all severance tax exemptions and deductions.
  • Work closely with land and regulatory teams to ensure timely lease setups with state and federal entities and proper filing for deductions.
  • Prepare monthly severance tax analyses for financial close processes.
  • Lead state or federal audits, coordinating with various departments to provide necessary documentation, responding promptly to audit findings, and keeping all stakeholders informed of audit progress.
  • Ensure adherence to existing SOX controls.
  • Provide support for special projects and perform other duties as assigned.
Requirements
  • Bachelor's degree in Accounting, Finance, Business, or equivalent experience.
  • Minimum of 4-5 years of experience in oil and gas revenue accounting, including state severance tax and federal royalty reporting in New Mexico.
  • Experience with Quorum accounting software is preferred but not required.


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