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20445 State Highway 249, Suite 300 Houston, TX 77070
Our client, located in NW Houston, TX, is in need of a Revenue Accountant for a direct hire opportunity.
Oil and Gas Company that focuses on drilling and production
Founded in 2015
Responsible for overseeing revenue accounting associated with wells, pipelines and facilities
Coordinating with Production Accounting and understanding production allocations, ensuring revenue settlements are booked in alignment with that data.
Coordinating with Title and Lease Administration on Division of Interest maintenance and ownership changes.
Act as a point of contact for Land, Production and Marketing Departments to resolve issues
Ensure division of interest setups and changes performed by Land (Opportune) are appropriate
Respond to royalty owner inquiries and internal information requests
Review and analyze monthly revenue financial results, including revenue accruals, account receivable reconcilements and general ledger account reconcilements
Managing revenue related cash receipts and reconciliation to purchasing statements for product sales.
Verifying revenue contract pricing.
Ensure monthly revenue variance explanations are prepared
Analyzing sales volume determinations and meter volume data
Recording revenue and revenue related taxes and deducts for all products for both operated and non-operated properties.
Review revenue sales accruals.
Compiling and creating gas balancing statements if needed
Review Prior Period Adjustments (PPA’ s).
Reporting and payment of state and federal royalty and tax obligations.
Coordinating with Production Reporting to reconcile production and revenue reporting to state and federal regulatory agencies.
Conducting revenue reconciliations and variance analysis for purchaser receivable, royalty, suspense, taxes payable accounts, etc.
Participating in period closing activities, including reviewing Prior Period Adjustments (PPA’ s).
Assisting with owner relations inquiries as requested.
Following internal procedures and internal control policies.
Assisting in internal audits.
Assisting in other oil and gas accounting activities and special projects as needed, such as annual 1099 report generation, sales tax filings.
Bachelor' s Degree from an accredited four-year university or college with a degree in accounting, or equivalent experience
8+ years of experience
Experience with Bolo or other oil and gas specific software
Experience with both Revenue accounting and with Divisions of Interest is required for this role
Experience with sales tax would be a plus
Features and Benefits:
Salary + bonus
Full medical benefits
Dental and vision plans available
401K with 6% match
Disclaimer: sensitive and personal data will not be requested by Frontline Source Group or its affiliates until a job offer is made and accepted. If you ever doubt the validity of our job postings, we encourage you to call one of our branch locations to verify the status on any job.
Chance Dower, an alumnus of the University of Texas of the Permian Basin, joined Frontline Source Group in 2010 as a full-desk recruiter and key account manager. Now our Vice President of Talent Development, Chance has over 10 years of experience in the staffing industry specializing in C-Suite, Oil & Gas, and IT positions, as well as managing multiple branches throughout Texas and Tennessee. He has developed relationships with organizations and job seekers across the country, and Chance is ready to provide those resources for your search! Because every company is different, Chance goes beyond just a job description to find candidates who are the skill and culture fits for your particular needs.
If you are ready to find the next great addition to your team, let Chance be your first call!
Our process is designed to save you time. There’s no need to come in to register. All you need to do is submit your resume through the “Search Jobs” link or the “Upload Resume” link. If you are a fit for this role, and have additional questions, please reach out to Chance directly below.