26-215.A4 - Revenue Check Write Analyst

Hilcorp•Houston, TX

2d•Onsite

About The Position

Responsible for running and monitoring the completion of check write and escheat processes. This role involves processing monthly royalty payments, performing variance analysis, reviewing and researching unusual owner payments, and applying refunded revenue to owner accounts. The analyst will utilize the company ticketing system to track and complete assigned tickets, explain monthly owner payment fluctuations, and perform the Joint Interest Netting process, including analyzing payments and mailing them timely. Additionally, the role requires close collaboration with the AR Analyst to review payments to working interest owners, analyze large volumes of unclaimed property, and manage the escheat process in compliance with regulations, working with Division Orders and a third-party escheat vendor. The position also includes processing monthly journal entries for Royalty Payment Processes, working with the escheat vendor on stale-dated acquisition items, preparing monthly account reconciliations, and researching owner inquiries. The analyst will also prepare the month's cash forecast for the Royalty Payment process, resolve outstanding issues related to accounting system integration, and adhere to the company’s values and vision. Other responsibilities include maintaining confidentiality, working with other departments to resolve owner issues, contributing to team efforts, and performing special projects related to oil and gas revenue accounting.

Requirements

Two (2) years minimum experience in oil and gas revenue accounting.
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, supervisors, other departments, officials, 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 operational information into an organized and presentable manner.
Proficiency in the use and application of Microsoft Office (Excel, Word and Outlook).

Nice To Haves

Working knowledge of oil and gas accounting systems (Preferably SAP) and revenue terms.

Responsibilities

Process monthly Royalty Payment process and performs variance analysis for the payments generated
Review and research unusual owner payments.
Apply refunded revenue to owner accounts.
Utilize company ticketing system to appropriately track and complete tickets as assigned.
Explains monthly owner payment fluctuations
Perform Joint Interest Netting process, analyze payments and mail timely
Work closely with AR Analyst to review payments going out to working interest owners
Analyze large volumes of unclaimed property and run escheat process. This includes working with Division Orders and our 3rd party escheat vendor on compliance.
Process monthly journal entries to reclass dates for Royalty Payment Processes
Work with 3rd party escheat vendor on stale dated acquisition items to ensure they are escheated appropriately.
Prepare monthly account reconciliations
Research owner inquiries from owner relations, treasury and division orders.
Prepares month’s cash forecast for Royalty Payment process
Resolves outstanding issues related to accounting system integration
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 company assets, including intellectual property, by keeping information confidential.
Work with other departments to resolve owner issues
Contributes to team effort by accomplishing related results as needed.
Performs special projects that require knowledge of oil and gas revenue accounting.
Other duties as assigned by management.