Oil & Gas Revenue Accounting Spec II

BOK Financial•Fort Worth, TX

3d•Onsite

About The Position

The bank operations team ensures seamless financial transactions while driving forward-thinking infrastructure modernization. They excel in system integration, secure data handling, and fostering a collaborative workplace. By prioritizing risk mitigation alongside regulatory compliance, operational resilience, and cost-effective management, they fuel the bank’s growth and success. The Oil & Gas Revenue Accounting Specialist II is primarily responsible for the research, correction, and creation of database information on the Oil & Gas Accounting System. This includes the creation and modification of division orders, check formats, and purchaser screens. Works with staff, business partners, and purchasers to research and resolve payments that will not post. Assists with daily process of revenue as needed in order to train new staff, ensure deadlines and service level agreements are met, and assist other processors with implementation of best practices and procedures. Note: Duties and responsibilities and the percentage of time spent on them may vary according to assignment and workflow needs.

Requirements

Completion of an Associate Degree and 1-2 years’ experience in the Oil & Gas industry or 3 years equivalent work related experience in oil & gas or accounting industry.
Experience with Oil & Gas Accounting System preferred.
Thorough knowledge of accounting principles.
Thorough knowledge and understanding of oil and gas operations and terminology.
Thorough PC and software application skills (Microsoft Office Suite).
Intermediate knowledge of Oil and Gas Accounting System.
Excellent data capture skills; alpha/numeric with 98% accuracy.
Excellent organizational skills; demonstrated ability to maintain accuracy while meeting stringent timelines.
Excellent oral and written communication skills.
Strong interpersonal skills, ability to work with various departments across company and Vendors.
Strong decision making skills, ability to determine when to escalate complex items or calculate minor outages.

Responsibilities

Investigate and resolve complex payment discrepancies, unprocessed payments, and division order issues using specialized accounting systems.
Use Oil & Gas Accounting, remittance, and archive systems to research and correct payment errors, and train staff on resolving complex issues.
Analyze payments to accurately map them to the correct owner, asset, and interest, and update Division Orders as needed.
Submit and track asset and payment clarification requests through Remediation Systems, ensuring timely follow-up and resolution.
Enter and interpret detailed payment data into the accounting system, correcting errors such as misapplied funds or incorrect check amounts.
Reconcile daily deposits, maintain tracking logs, and perform administrative tasks like digital filing and document preparation for storage.