Revenue Accounting Analyst

Resolute Energy Corporation

Denver, Colorado

2016-09-12, 22:04:27


Job Description


 To perform all revenue related functions for the sale of oil and gas production from the unitized tertiary recovery field in our Four Corners Business Unit and for non-operated assets.




  • Process the monthly oil and gas sales distributions and submit monthly revenue statements to owners.
  • Calculate theoretical allocations for use in the distribution of gas, natural gas liquids, and condensate sales related to the Aneth Gas Gathering System.
  • Perform dual accounting procedures for premium pricing of gas, natural gas liquids, and condensate sales for Indian royalty purposes.
  • Calculate, report, and distribute royalty for a Net Profits Interest (NPI).
  • File royalty reports using the Office of Natural Resources Revenue (ONRR) online application for Federal, Bureau of Indian Affairs (BIA), Premium Pricing and NPI royalties.
  • Prepare monthly revenue accruals for month end close.
  • Perform Sarbanes Oxley (SOX) controls related to pricing verifications, revenue processing reconciliations, and general ledger account reconciliations for month end close.
  • Calculate, report, and pay monthly, quarterly and annual taxes for Utah Severance, Conservation, and State Withholding and Navajo Nation Severance.
  • File and pay Possessory Interest Taxes and Utah Ad-Valorem Taxes.
  • Calculate Enhanced Oil Recovery and Stripper Well credits.
  • Record journal entries to bill non-operated working interest owners for revenue related expenditures.
  • Prepare wire transfers and check requests for royalties, taxes, etc.
  • Process monthly oil and gas sales revenue for non-operated assets.
  • Respond to audit requests and inquiries from internal, external, Navajo Nation, Federal and State auditors and/or any other agency engaging the company in an audit.
  • Assist with the development, implementation, evaluation and revision of policies and procedures for designated area.
  • Maintain a filing system for accounting records.
  • Regular and punctual attendance.



  • Meet demanding deadlines.
  • Use computer applications including spreadsheets, databases, and computerized ERP accounting systems.
  • Effective, clear and concise communication, both orally and in writing.
  • Basic, routine and advanced accounting theory, principles and practices.
  • Company, federal and state policies, regulations and procedures.
  • Balance and reconcile accounts following accounting policies and procedures.
  • Maintain and manage accurate accounting records.
  • Resolve accounting problems within accounting policies, rules and regulations.
  • Work as a team member and foster a cooperative work environment.



  • Minimum seven years oil & gas revenue accounting experience required.

  • Experience with Unitized fields a plus.

  • Experience with Indian royalties a plus.