Regional Manager Oil & Gas Accounting and Client Service/ SAM Regional Manager

Bank of America•Dallas, TX

6d•Onsite

About The Position

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us! Job Description: This job is responsible for leading the specialty asset management business overseeing services for non-financial assets such as farm and ranch land, timberland, real estate, mineral and energy interests, and private businesses. Key responsibilities include driving revenue growth, new business development and guiding client relationship strategies. Job expectations include managing regional financial goals, developing and coaching team members, ensuring disciplined risk management, and delivering strong client and business partner engagement in a complex asset management environment. The Regional Manager, Oil & Gas Accounting & Client Service is responsible for the fiduciary management of oil, gas, and mineral assets, combining advanced revenue accounting, and Joint Interest Billing (JIB) oversight for complex trust, estate, and investment management portfolios. This role serves as a subject matter expert (SME) for non-operated working interest accounting, royalty revenue validation, and mineral asset strategy, partnering closely with Private Bank relationship managers, operations, land departments, IT, and other third parties such as operators and company vendors. The position requires independent judgment, strong accounting and land expertise, and the ability to manage risk while delivering high quality client outcomes. This role will have dotted line oversight responsibility for all oil and gas accounting process across internal stakeholders/groups.

Requirements

10+ years of professional experience in the oil and gas industry with a strong emphasis on upstream revenue and/or JIB accounting; plus if this experience is from a mineral owner perspective.
Team leadership or supervisory experience preferred
Demonstrated experience managing complex oil, gas, and mineral portfolios
Deep knowledge of oil and gas revenue streams, revenue recognition, severance/production tax monitoring, royalty payments, purchaser statement reconciliation, JIB standards/budgets, and volume/price variance analysis.
Experience supporting fiduciary, trust, or wealth management oil and gas accounting and relationships is a plus
Strong proficiency with revenue and joint interest billing data exchange (e.g. Energylink) and energy accounting systems (e.g. SAP, WolfePak, Quorum, Enertia, P2, Excalibur or similar mineral management accounting system).
Strong familiarity with COPAS standards and joint interest billing
Experience supporting system migrations or complex accounting transitions
Change Management Planning
Project Management
Stakeholder Management
Strategic Thinking
Consulting
Decision Making
Due Diligence
Hiring and Onboarding
Retention
Business Development
Collaboration
Controls Management
Inclusive Leadership
Relationship Building

Responsibilities

Portfolio & Asset Management: Analyze and monitor complex oil, gas, and mineral assets held in trusts, estates, and investment management accounts. Provide strategic recommendations to optimize asset value, mitigate risk, and align with client objectives. Support onboarding and ongoing administration of large, complex non-operated working-interest and mineral royalty portfolios.
Revenue Accounting & Financial Oversight: Review, validate, and reconcile oil and gas revenue statements, including netted statements, check detail, suspense activity, and adjustments. Ensure accurate revenue allocation by property, owner, and interest. Monitor and resolve revenue suspense, escheated funds, shut-ins, delay rentals, lease bonuses, and other oil & gas income. Support timely and accurate client distributions in accordance with fiduciary standards. Assist in providing clients with consolidated financial statements and financial reporting support.
Joint Interest Billing (JIB): Review and approve non-operated JIB charges for allowability, accuracy, and timing. Investigate, dispute, and resolve incorrect or unsupported JIB charges with operators. Monitor unpaid JIB balances and coordinate resolution across internal teams. Support reconciliation of historical JIB balances, including retroactive corrections.
Systems Integration & Conversion Management: Serve as a key accounting and asset‑management partner during system integrations, platform conversions, and data migrations impacting oil, gas, and mineral assets. Support pre‑ and post‑conversion validation of revenue, ownership, Joint Interest Billing (JIB), and historical balances. Participate in data mapping, user acceptance testing (UAT), and reconciliation activities to ensure completeness and accuracy. Identify, research, and remediate data integrity issues related to revenue, JIB, ownership, or asset records. Support post‑conversion stabilization efforts to minimize client disruption and operational risk. Collaborate with IT, operations, and third‑party vendors to ensure conversion outcomes meet fiduciary, regulatory, and internal control standards.
Process Development and Reporting: Design and implement revenue and JIB accounting workflows, templates, and analytical tools to support a scalable internal function. Establish and document standard operating procedures for all revenue and JIB accounting processes. Provide clients and internal stakeholders with regular updates on financial reporting; support Lease Operating Statement (LOS) preparation and analysis, ensuring accurate cost allocation by tract and well.
Audit, Compliance & Risk Management: Monitor oil and gas production to verify operator payments and compliance with legal and regulatory requirements. Assist in detailed annual reviews and analyses of account oil and gas holdings. Support audits, client inquiries, and regulatory or fiduciary reviews. Identify control gaps and recommend enhancements to improve accuracy, efficiency, and risk mitigation.
Cross‑Functional & Client Partnership: Partner closely with Private Bank relationship managers as necessary to deliver integrated client solutions. Act as a key liaison between Operations Accounting, Division Order, tax, and external operators. Provide clear, timely communication to clients as necessary. Contribute to process improvement, documentation, and knowledge-sharing initiatives. Support pre‑ and post‑conversion validation of revenue, ownership, Joint Interest Billing (JIB), and historical balances. Participate in data mapping, user acceptance testing (UAT), and reconciliation activities to ensure completeness and accuracy. Identify, research, and remediate data integrity issues related to revenue, JIB, ownership, or asset records. Support post‑conversion stabilization efforts to minimize client disruption and operational risk. Collaborate with IT, operations, and third‑party vendors to ensure conversion outcomes meet fiduciary, regulatory, and internal control standards.