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Senior Revenue Accountnt in Jersey Village, TX at SNI Financial

Date Posted: 1/3/2019

Job Snapshot

Job Description

We are working with a small, publicly traded E & P client who is conducting a search for a Senior Revenue Accountant. The role is open as a direct result of the company's growth. The Senior Management team consists of experienced E & P professionals with successful track records at both mid-sized and larger companies. This opportunity offers lots of growth potential from the perspectives of both the company's growth and professional development/career advancement. This is a smaller company that is in growth/acquisition mode, so this is a chance to get in on the ground floor, learn a lot, be a big fish in a smaller pond and have unlimited career growth as the company continues to grow.

The company offers very competitive compensation, which includes both short term and long term incentives, in addition to excellent benefits. Qualified applicants will have at least 5 years of upstream Revenue & Regulatory accounting experience, and a strong desire to make an impact both in the short term and long term success of the company. For immediate and confidential consideration, please send your resume to and we can schedule a time to discuss the role and the company in more detail.

Major Responsibilities

  • Collaborate with Regulatory, Production, Land and other departments on various initiatives
  • Prepare and file all necessary regulatory reports and amendments, including Texas and New Mexico royalty, severance and withholding reporting, Office of Natural Resources Revenue (ONRR), escheat / unclaimed property and 1099s
  • Record revenue and post-production expenses for oil and gas production and ensure royalties are properly calculated and distributed
  • Prepare revenue accruals and other journal entries during the monthly close process
  • Perform reconciliations of all related accounts, and resolve reconciling items
  • Prepare or review well-level volume allocations and valuations
  • Assist with internal and external auditor requests related to revenue and receivables, ensuring timely completion of supporting schedules
  • Reconcile purchaser statements and payments to contract terms and resolve discrepancies
  • Ensure compliance with revenue SOX requirements
  • Develop and document business processes and accounting policies to maintain and strengthen internal controls
  • Reconcile purchaser or operator remittances and/or invoices with payment amounts and accruals
  • Identify and explain volume and value variances between accrued and actual revenue
  • Ability to review key terms of revenue arrangements and apply technical revenue guidance
  • Assist with system improvement and implementation activities, as well as system reporting improvements
  • Assist in the accounting for and integration of properties acquired through acquisitions
  • Develop requested ad-hoc analyses, and other special projects as assigned

Education & Experience
• Bachelor's Degree in Accounting required
• Minimum five (5) years of E&P oil and gas revenue accounting experience
• CPA, or actively working towards CPA preferred