Oil & Gas Revenue Accountant

Clayton Services

Houston, TX

JOB DETAILS
SALARY
$80,000–$143,000 Per Year
SKILLS
Accounting, Accounting Software, Accounts Receivable, Accrual-Basis Accounting, Communication Skills, Documentation, Field Marketing, General Ledger Accounting, Generally Accepted Accounting Principles (GAAP), Inventory Management, Microsoft Excel, Multitasking, Oil and Gas, Payment Processing, Pricing, Process Management, Reconciliation, Record Keeping, Regulatory Submissions, Revenue Accounting, Revenue Analysis, Revenue/Sales Reporting, Sales, Time Management, Transaction Processing/Management, Variance Analysis
LOCATION
Houston, TX
POSTED
16 days ago
Clayton Services is searching for an Oil & Gas Revenue Accountant to join a thriving company in Denver, Colorado. The Oil & Gas Revenue Accountant will be responsible for maintaining accurate revenue records, processing revenue transactions, coordinating regulatory filings, and ensuring proper allocation and reporting of oil and gas revenues.

*Candidate must relocate to Denver, Colorado. Generous relocation package provided.*

Job Type: Direct Hire
Pay Rate: $80,000 – $143,000 annually (based on experience)
Benefits: Annual incentive compensation, Paid Time Off, medical, dental, vision, 401(k) with company match

Oil & Gas Revenue Accountant Responsibilities:
  • Maintain accurate records of all revenue transactions and process proceeds
  • Coordinate and support monthly regulatory filings and payments (ONRR, Tribal, BIA, and production taxes)
  • Perform allocation of wellhead sales to working interest owners for current and prior period adjustments
  • Ensure revenue accounts receivable are properly offset against cash receipts after booking
  • Establish revenue agreements and shipper contracts within the accounting system
  • Prepare monthly and quarterly revenue variance analyses
  • Coordinate with Field and Marketing teams to ensure accuracy of volumes and pricing
  • Calculate and record monthly revenue accrual entries
  • Coordinate and process monthly revenue payment runs
  • Calculate pipeline inventories and imbalances; prepare ledger entries and sales adjustments
  • Research, reconcile, and resolve outstanding accounts receivable
  • Prepare monthly account reconciliations as assigned
  • Manage suspense balances in coordination with the land administration team
  • Maintain payout balances and ensure timely prior period adjustments
  • Prepare revenue source documentation for audit requests
  • Serve as a primary contact for owner inquiries and provide prompt, accurate responses
  • Maintain accurate inventory accounting for oil volumes at terminals and in rail cars
  • Process owner voids and re-issues
  • Perform other duties as assigned
Oil & Gas Revenue Accountant Skills and Abilities:
  • Strong knowledge of oil and gas revenue distributions and division of interest
  • Working knowledge of generally accepted accounting principles (GAAP)
  • Experience with oil and gas contracts
  • Strong account reconciliation and receivables collection skills
  • Advanced Microsoft Excel skills
  • Ability to manage multiple priorities and work efficiently in a fast-paced environment
  • Strong communication skills with the ability to work across multiple organizational levels
Oil & Gas Revenue Accountant Education and Experience:
  • Bachelor's degree in a business-related or accounting discipline preferred
  • Minimum of 3+ years of oil and gas revenue accounting experience
  • Proficiency with oil and gas accounting software
  • Working knowledge of Enertia is a plus
  • Experience with tribal and federal lands (Utah experience a plus)
Oil & Gas Revenue Accountant - Immediate need. Apply today!

About the Company

C

Clayton Services

Clayton Servies is a Houston-based staffing and recruiting firm. For over 37 years, Clayton Services has been helping talented job seekers find great job opportunities with leading companies including multiple Fortune 1000 organizations. Apply today to make your job search easy!

COMPANY SIZE
100 to 499 employees
INDUSTRY
Staffing/Employment Agencies
FOUNDED
1984
WEBSITE
http://www.claytonpersonnel.com