Lease Revenue Accountant

MV Purchasing, LLC•Oklahoma City, OK

12h

About The Position

MVP Holdings is a privately owned energy logistics company headquartered in Wichita, Kansas. The company and its subsidiaries provide midstream services throughout the United States. The Lease Revenue Accountant will reconcile monthly crude oil purchased volumes and verify pricing to prepare and process crude oil purchase statements and distribute revenue to owners. The role also assists with state and federal compliance reporting. The position works with crude oil run tickets, run statements, transporters, and the crude oil revenue distribution process. The successful candidate will use strong reconciliation and problem-solving skills and collaborate within the department to streamline reporting and data flow. The role is expected to fulfill 40 hours per week, with potential autonomy to work from home up to two days per week. Travel is 0–5%.

Requirements

Strong proficiency in Microsoft Office, specifically Excel.
Strong analytical and problem-solving abilities, including the ability to troubleshoot software and processing issues.
Ability to meet deadlines and produce results under tight deadlines.
Excellent organizational skills, attention to detail, and ability to perform with a high level of accuracy.
Strong verbal, written, and interpersonal communication skills to interact with team members at all levels of the organization.
Ability to perform multiple tasks simultaneously and under time constraints.
Ability to discreetly maintain and process confidential information.
Willingness to accept constructive feedback.
Ability to work effectively in a team environment.
Four-year accounting degree or equivalent experience.
At least 3 years of experience in oil and gas accounting with knowledge of industry terminology.
Knowledge of PakEnergy (WolfePak) or similar oil and gas software.

Nice To Haves

Valid driver’s license.
Past experience with an oil and gas midstream company.
Production and severance tax experience.

Responsibilities

Execute lease accounting and compliance processes, including truck ticket reconciliations and uploads.
Perform sub-well allocations.
Process owner adjustments, including reject recoveries.
Process and distribute operator run statements.
Reconcile volumes and pricing.
Process distribution payments and PPA’s.
Process early payments to operators.
Prepare balance sheet reconciliations.
Assist with compliance reporting, including BIA, GLO, ONRR, and TX RRC T-1’s.
Review and assist with suspense adjustments and clean-up.
Process Escheat payments.
Review and process voided payments.
Collaborate with lease analysts and division order analysts to ensure efficient monthly processes.
Assist with reporting to management, corporate accounting, and others.
Assist with annual 1099 and 1042 preparation and other tax reporting.
Assist with acquisitions, due diligence, internal and external audits, data conversions, and other special projects as needed.
Complete other duties and responsibilities reasonably assigned by management.
Improve current processes and challenge existing processes.