26-153.B - Revenue Accountant

Hilcorp • Houston, TX

1d

About The Position

Records oil and gas sales; performs sales variance analysis; and reconciles balance sheet accounts. Essential Job Responsibilities: Processes oil and gas sales and related deducts/taxes/royalties timely and accurately. Reviews cash application by purchaser on a monthly basis and reconciles the receivable accounts accordingly. Prepares balance sheet account reconciliations for assigned accounts on a monthly basis. Understands revenue recognition standards. Processing prior period adjustments. Prepares sales variance analysis and explains major sales fluctuations for assigned properties on a monthly basis. Participates in period closing activities, including preparation and review of flux analysis. Assists in audits and inquiries from other functions/outside parties. Performs special projects that require knowledge of oil and gas revenue accounting as needed. Maintains technical knowledge by completing technical trainings, review of industry publications, and relevant guidance. Provides training and guidance to junior staff and new employees. Other Job Responsibilities: Adheres to the company’s values – integrity, ownership, urgency, alignment, and innovation. Supports company vision and mission. Adheres to established work schedule, attendance standards and is punctual to work and meetings. Maintains employee confidence and protects operations by keeping information confidential. Maintains technical knowledge by attending educational workshops and reviewing professional publications, establishing personal networks, and participating in professional associations. Contributes to team effort by accomplishing related results as needed. Other duties as assigned by management.

Requirements

• Five (5) years minimum experience in oil and gas revenue accounting.
• Three (3) years minimum experience in revenue accounting.
• Ability to proactively identify and solve complex problems with little assistance or guidance.
• Ability to solve problems accurately and exhibit exceptional proficiency in data management, including spreadsheet proficiency.
• Ability to establish and maintain effective working relationships with employees, managers of other departments, regulators, and the public.
• Ability to complete multiple, diverse tasks of differing priorities.
• Outstanding administrative and organizational skills.
• Excellent written and verbal communication skills, with specific ability to translate complex revenue data into an organized and presentable manner.
• Proficiency in the use and application of the following software: Required: Microsoft Office (Excel, Word, and Outlook).
• Bachelor’s Degree from an accredited four-year university or college with a degree in accounting.

Nice To Haves

• Preferred: SAP PRA, and Alteryx.

Responsibilities

• Processes oil and gas sales and related deducts/taxes/royalties timely and accurately.
• Reviews cash application by purchaser on a monthly basis and reconciles the receivable accounts accordingly.
• Prepares balance sheet account reconciliations for assigned accounts on a monthly basis.
• Understands revenue recognition standards.
• Processing prior period adjustments.
• Prepares sales variance analysis and explains major sales fluctuations for assigned properties on a monthly basis.
• Participates in period closing activities, including preparation and review of flux analysis.
• Assists in audits and inquiries from other functions/outside parties.
• Performs special projects that require knowledge of oil and gas revenue accounting as needed.
• Maintains technical knowledge by completing technical trainings, review of industry publications, and relevant guidance.
• Provides training and guidance to junior staff and new employees.
• Adheres to the company’s values – integrity, ownership, urgency, alignment, and innovation.
• Supports company vision and mission.
• Adheres to established work schedule, attendance standards and is punctual to work and meetings.
• Maintains employee confidence and protects operations by keeping information confidential.
• Maintains technical knowledge by attending educational workshops and reviewing professional publications, establishing personal networks, and participating in professional associations.
• Contributes to team effort by accomplishing related results as needed.
• Other duties as assigned by management.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level