Regulatory Accountant

Talos EnergyHouston, TX
4d

About The Position

This position will be responsible for the daily royalties, severance tax and reconciliation activities at Talos Energy including but not limited to: Report oil, gas, and NGLs royalties and severance taxes in a timely and accurate manner to ensure correct payment obligations and reporting to Federal and State governmental agencies. Reconciliation of all general ledger accounts related to royalties and severance tax liability. Accurate calculation of Federal and State royalties and severance tax, including appropriate research into new or revised regulatory requirements. Maintain and log incoming/outgoing regulatory correspondence Coordinate and manage audits and the pertinent responses and rebuttals Timely respond to internal & external inquiries and requests Make related general ledger entries to record/clear payments Comply with all internal and external audit/SOX controls established for revenue accounting Perform additional duties as assigned, including potential simultaneous multiple projects

Requirements

  • Bachelor Degree in Accounting, Finance, or Business
  • Minimum 5 (five) years of oil and gas onshore/offshore revenue regulatory reporting experience required, with 10 (ten) or more years preferred
  • Considerable knowledge of accounting practices and procedures in addition to current federal, state, and local regulations
  • Strong ONRR background preparing responses, been involved with audit by ONRR and managed the audit preferred
  • Self-motivated, self-driven and with willingness to work in challenging environment
  • Ability to work independently or within a team structure with minimum supervision and possess an ability to handle multiple tasks simultaneously
  • Must be keen to detail and must be able to work effectively as a member of a team
  • Experience with MS Excel is required
  • Flexible with changing priorities
  • Strong analytical and communication skills

Nice To Haves

  • Prior revenue recognition experience in a fast paced organization preferred
  • Working knowledge of BOLO preferred
  • Proficiency in MS Word preferred

Responsibilities

  • Report oil, gas, and NGLs royalties and severance taxes in a timely and accurate manner to ensure correct payment obligations and reporting to Federal and State governmental agencies.
  • Reconciliation of all general ledger accounts related to royalties and severance tax liability.
  • Accurate calculation of Federal and State royalties and severance tax, including appropriate research into new or revised regulatory requirements.
  • Maintain and log incoming/outgoing regulatory correspondence
  • Coordinate and manage audits and the pertinent responses and rebuttals
  • Timely respond to internal & external inquiries and requests
  • Make related general ledger entries to record/clear payments
  • Comply with all internal and external audit/SOX controls established for revenue accounting
  • Perform additional duties as assigned, including potential simultaneous multiple projects
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