Lease Payments Analyst

Position Overview

Key Responsibilities

• Review and interpret lease agreements to ensure accurate understanding of payment obligations and land use terms.
• Process periodic lease payments in a timely and accurate manner, strictly adhering to contractual terms to avoid missed or incorrect payments.
• Collaborate cross-functionally with Land Representatives, Accounting, Operations, Financial Reporting, Audit, Legal, Commercial, Facilities, and Tax departments to resolve issues and ensure smooth operations.
• Maintain and update lease records including critical dates, payment schedules, land descriptions, and supporting documentation in the Land database.
• Utilize digital mapping tools such as Google Earth and ArcGIS to visualize land parcels, boundaries, and rights-of-way for accurate land rights management.
• Initiate and prepare lease renewals and terminations, including coordination with government entities such as the Texas General Land Office, Port of Houston Authority, and State of New Mexico.
• Interpret and communicate contract rights and obligations to internal stakeholders, ensuring clarity and compliance.
• Research pipeline facility information and calculate CPI adjustments for lease payments.
• Respond to ownership changes and payment inquiries, ensuring accuracy and professionalism in all communications.
• Review and manage both physical and digital lease files for monthly payment reporting and audit readiness.

Required Skills

• Proactive communication: Asks clarifying questions and seeks understanding before proceeding with tasks.
• Midstream land terminology expertise: Understands the nuances of midstream agreements and avoids reliance on upstream terminology.
• Advanced Microsoft Excel proficiency: Skilled in formulas, VLOOKUP, pivot tables, and data reconciliation.
• Ownership mindset: Takes initiative and full responsibility for assigned projects from start to finish.
• Strong organizational skills: Maintains clear documentation and can recall past actions with ease.
• Problem-solving ability: Capable of resolving complex issues involving multiple layers of errors or conflicting data.
• Familiarity with alignment sheets: Understands their role in land and pipeline operations.
• Multisystem fluency: Comfortable navigating and balancing workload across multiple platforms and databases.
• Direction-following discipline: Able to follow instructions accurately, even after multiple discussions or iterations.
• Attention to detail: Ensures precision in payment processing, recordkeeping, and contract interpretation.

Preferred Skills

• Experience with Quorum Land System or similar land administration software.
• Certificate in Land Management or equivalent professional credential.
• Knowledge of easement and ROW agreement setup and database management.
• Experience in Midstream Energy contracts, especially related to surface rights and Oracle systems.
• Membership in professional associations such as AAPL or IRWA.
• Commitment to self-learning and career advancement, demonstrated through continuing education or certifications.
• Strong interpersonal skills: Builds positive relationships easily and works well with diverse personalities.
• Flexible mindset: Comfortable navigating ambiguity and making sound decisions in gray areas.

Education Requirements

• Bachelor's degree or equivalent experience in surface lease contract administration, land management, or accounts payable.