Accountant - Oil & Gas

Scottish Rite for ChildrenDallas, TX
4dOnsite

About The Position

Our patients are our number one priority! We're committed to giving children back their childhood! Job Posting Title: Accountant - Oil & Gas Location: Dallas - Shared Services Additional Posting Details: Monday - Friday 8:00 am - 4:30 pm Job Description: Duties/Responsibilities Responsible for all aspects of oil and gas revenue accounting and oversight of royalty revenue into the MineralWare Mineral Management Software to include; maintaining the integrity of the MineralWare Mineral Management Software and various reports and audits within the system; reporting royalty split to Business Office, estimating monthly and year-end accruals for the Business Office, and closing out royalty for the month Approve all royalty checks from the lockbox and save copies by payor and date. Request the check detail from Energylink or the payor if it is not included. necessary reports and documentation to complete files Approve mineral ad valorem tax payments for mineral assets located in Texas and any other State needed. Compile the data and support needed for the Colorado Tax return and send to the Business Office annually Prepare mineral reports accurately and timely and assist in the preparation of quarterly and annual reports Obtain from Texas Railroad Commission records, sales information necessary to verify accuracy of royalty payments received from operators on the Rocker b Ranch and General Endowment; generate computer reports and review information from revenue system detail to confirm accuracy of payments received Review unpaid Division Orders and contact payors to confirm payment and request any necessary updates. Audit for prompt and accurate payments of all revenue, i.e. royalty revenue, lease bonuses, royalty, shut-in royalty, salt water disposal, etc. For the Blakley Endowment Fund; responsible for oil & gas revenue and production audits to identify potential missing revenue (minimum of two in-depth audits annually and numerous routine monthly audits) Responsible for all monthly and quarterly reports of oil and gas revenue and production Audits oil and gas revenue weekly to identify any ineligible deductions. Determines which deductions require further review and retrieves the associated contracts to be reviewed by the Petroleum Landman. Design and implement audit processes and procedures for General Endowment mineral assets Responsibilities also include working with Department Director in budget planning and projections Assist with generating annual rental invoices on a monthly basis. Communicate effectively by telephone and letters with oil and gas operators in obtaining necessary reports and documentation to complete files Required Skills/Abilities Associate’s degree required. Bachelor’s degree preferred. 5-7 years of oil and gas accounting experience required. CPA certification preferred Must have strong oil and gas background and attention to detail Working Environment Working Conditions: Inside Working Position: Sitting, Standing, Walking Physical Demands: Sedentary Physical Requirements: An Individual in this position will be required to lift or carry weight in this group: Up to 10lbs Sensory/Communicative activities essential to the performance of this position: Feeling, Hearing, Seeing, Speaking An Individual in this position will be exposed to: Inside environment At Scottish Rite for Children, we work together with the common goal of helping give children back their childhood. Scottish Rite is a unique place to work because we believe in a collaborative approach, utilizing the care and expertise from all departments. We are always looking for caring, energetic individuals to join our team. We currently have locations in Dallas and Frisco and is an equal opportunity employer. For questions, contact [email protected].

Requirements

  • Associate’s degree required. Bachelor’s degree preferred.
  • 5-7 years of oil and gas accounting experience required.
  • Must have strong oil and gas background and attention to detail

Nice To Haves

  • CPA certification preferred

Responsibilities

  • Responsible for all aspects of oil and gas revenue accounting and oversight of royalty revenue into the MineralWare Mineral Management Software to include; maintaining the integrity of the MineralWare Mineral Management Software and various reports and audits within the system; reporting royalty split to Business Office, estimating monthly and year-end accruals for the Business Office, and closing out royalty for the month
  • Approve all royalty checks from the lockbox and save copies by payor and date. Request the check detail from Energylink or the payor if it is not included. necessary reports and documentation to complete files
  • Approve mineral ad valorem tax payments for mineral assets located in Texas and any other State needed. Compile the data and support needed for the Colorado Tax return and send to the Business Office annually
  • Prepare mineral reports accurately and timely and assist in the preparation of quarterly and annual reports
  • Obtain from Texas Railroad Commission records, sales information necessary to verify accuracy of royalty payments received from operators on the Rocker b Ranch and General Endowment; generate computer reports and review information from revenue system detail to confirm accuracy of payments received
  • Review unpaid Division Orders and contact payors to confirm payment and request any necessary updates.
  • Audit for prompt and accurate payments of all revenue, i.e. royalty revenue, lease bonuses, royalty, shut-in royalty, salt water disposal, etc.
  • For the Blakley Endowment Fund; responsible for oil & gas revenue and production audits to identify potential missing revenue (minimum of two in-depth audits annually and numerous routine monthly audits)
  • Responsible for all monthly and quarterly reports of oil and gas revenue and production
  • Audits oil and gas revenue weekly to identify any ineligible deductions. Determines which deductions require further review and retrieves the associated contracts to be reviewed by the Petroleum Landman.
  • Design and implement audit processes and procedures for General Endowment mineral assets
  • Responsibilities also include working with Department Director in budget planning and projections
  • Assist with generating annual rental invoices on a monthly basis.
  • Communicate effectively by telephone and letters with oil and gas operators in obtaining necessary reports and documentation to complete files

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

Associate degree

Number of Employees

1,001-5,000 employees

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