Revenue Accounting Analyst

Resolute Energy Corporation

Denver, Colorado

2016-09-12, 22:04:27

EXPIRED

Job Description

JOB PURPOSE:

 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.

 

CHARACTERISTIC DUTIES AND RESPONSIBILITIES

ESSENTIAL FUNCTIONS:

  • 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.

   

KNOWLEDGE, SKILLS AND ABILITIES: 

  • 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.

 

EDUCATION / EXPERIENCE REQUIRED: 

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

  • Experience with Unitized fields a plus.

  • Experience with Indian royalties a plus.

EXPIRED