Accountant - Revenue

Flywheel Energy•Oklahoma City, OK

1d•Onsite

About The Position

The Revenue Accountant supports accurate and timely recording, analysis, and reporting of oil, natural gas, and NGL revenues for an oil & gas company. This role assists with revenue allocations, royalty and working interest owner distributions, production validation, and regulatory reporting. The ideal candidate has strong analytical skills, a desire to build foundational knowledge of oil & gas revenue processes, and a collaborative mindset for working across land, production, and operations teams.

Requirements

Bachelor’s degree in Accounting, Finance, or related field.
0-2 years of professional accounting experience, preferably in oil & gas.
Basic understanding of, or willingness to learn, upstream revenue processes, including allocations, taxes, and regulatory reporting.
Strong Excel skills and experience with accounting systems.

Nice To Haves

Experience with oil & gas software
Knowledge of ONRR, severance tax rules, and state regulatory reporting.
Experience in upstream E&P accounting.
Analytical and problem‑solving skills
Accuracy and attention to detail
Strong communication and customer service (especially owner relations)
Organizational and time‑management skills
Ability to meet deadlines in a fast‑paced environment
Team-oriented and collaborative

Responsibilities

Process monthly oil, gas, and NGL revenue for assigned properties.
Verify sales volumes, pricing, and purchaser statements.
Allocate revenue to working interest and royalty owners in accordance with DOI/land records.
Review revenue data for accuracy and identify variances or anomalies.
Research and resolve owner inquiries related to revenue payments.
Work with the Division Order team to ensure proper ownership setup and DOI accuracy.
Assist with escheatment processing and unclaimed property compliance.
Ensure compliance with state and federal reporting requirements and deadlines.
Record journal entries for revenue, taxes, and adjustments.
Reconcile revenue-related general ledger accounts monthly.
Assist with monthly close and revenue-related reporting to management.
Work with Land, Production Operations, Marketing, and Accounting teams to validate product volumes, ownership, and pricing.
Support internal and external audits by providing schedules, documentation, and explanations.
Identify and recommend improvements in revenue accounting processes and internal controls.
Participate in system enhancements or implementations for revenue modules.