Revenue Accountant

7 days ago


The Woodlands, United States Commodore Offshore Operating LLC Full time
Job Title: Senior Revenue Accountant

Commodore Offshore Operating LLC is seeking a highly skilled Senior Revenue Accountant to join our team in Woodlands, Texas.

Job Summary:

The Senior Revenue Accountant will be responsible for recording, analyzing, and processing oil and gas related exploration and production revenues, royalties, and related expenses. This role will also involve handling reporting royalties to governmental agencies.

Key Responsibilities:
  • Record revenue for offshore GOM properties
  • Compile source data, record entries, and analyze revenue accrual vs actuals
  • Allocate sales to well level based on sales invoices, marketing arrangements, production volumes
  • Prepare and send invoices for oil, condensate, gas, and NGLs each month and reconcile any payment discrepancies
  • Review ONRR reports before monthly filing
  • Prepare monthly cash forecast related to revenue and opex
  • Perform account reconciliations for assigned accounts
  • Coordinate with other departments such as Marketing, Operations, Production, and Land
  • Coordinate with 3rd parties in obtaining revenue pricing, volume, and payment discrepancies
  • Communicate with ONRR concerning royalties and exceptions
Requirements:
  • Degree in Accounting, Finance, or applicable industry experience required
  • 5 years experience with oil and gas revenue is preferred
  • Experience with recording oil and gas revenue and distribution of royalties
  • Familiarity with ONRR
  • Experience reconciling oil and gas accounts receivable
  • Excellent organization skills, with ability to achieve priorities and goals with limited supervision
  • Strong attention to detail; ability to perform duties with a high level of accuracy and problem-solving skills
  • Effective written and verbal communication skills
  • Ability to work well under pressure, meeting strict deadlines
  • Manifest flexibility in adapting to changing procedures and governmental regulations
  • Demonstrate trust and professionalism while performing job duties with ability to work in multi-team environment
  • Proficient knowledge of computer software (e.g., MS Office, Outlook, Word, Excel, P2Merrick)
  • Ability to work in a fast-paced environment, with changing priorities and varied personalities


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