Job Description
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:
*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
- 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
- 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)
Numbers & Facts
| Location | Houston, TX |
| Industry | Staffing/Employment Agencies |
| Salary | $80,000–$143,000 Per Year |
| Company Size | 100 to 499 employees |
| Year Founded | 1984 |
| Website | http://www.claytonpersonnel.com |
About Company
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!
Skills
- Accountingunmatched
- Accounting Softwareunmatched
- Accounts Receivableunmatched
- Accrual-Basis Accountingunmatched
- Communication Skillsunmatched
- Documentationunmatched
- Field Marketingunmatched
- General Ledger Accountingunmatched
- Generally Accepted Accounting Principles (GAAP)unmatched
- Inventory Managementunmatched
- Microsoft Excelunmatched
- Multitaskingunmatched
- Oil and Gasunmatched
- Payment Processingunmatched
- Pricingunmatched
- Process Managementunmatched
- Reconciliationunmatched
- Record Keepingunmatched
- Regulatory Submissionsunmatched
- Revenue Accountingunmatched
- Revenue Analysisunmatched
- Revenue/Sales Reportingunmatched
- Salesunmatched
- Time Managementunmatched
- Transaction Processing/Managementunmatched
- Variance Analysisunmatched
Level up your application
Professional resume templates
Browse dozens of recruiter approved resume templates, layouts and formats. Choose your favorite and make it your own in minutes.
Free resume templatesFree resume builder
Improve your existing resume or start from scratch and create a standout, ATS-friendly resume. Add job-specific content, download and apply.
Free resume builder