Revenue Compliance Lead

Permian Resources•Midland, TX

16d

About The Position

Permian Resources is currently seeking a Revenue Compliance Lead. The Revenue Compliance Lead will be responsible for timely processing, filing, and paying all state and federal royalties and taxes, as well as any amendments. The Revenue Compliance Lead may also need to work with auditors and consultants. The ideal candidate will be competent in oil and gas accounting, and a strong understanding of the requirements pertaining to oil and gas reporting in the states of Texas and New Mexico is desirable. General responsibilities include: Process, file, and pay all state (Texas and New Mexico) and federal royalties and amendments. Process, file and pay all state severance taxes and amendments in Texas and New Mexico. Stay current with TXOGA and NMOGA, and communicate upward any upcoming changes that may impact the business. Prepare monthly account reconciliations for state and federal royalties and severance tax accounts. Work with our severance tax consultants to ensure CDEV is obtaining all possible deductions and staying in compliance with state and federal regulations. Process, file and record all severance tax exemptions/deductions. Collaborate with land and regulatory to ensure leases are getting setup timely with the GLO, and we are filing all proper paperwork to obtain possible deductions. Prepare a monthly analysis of severance tax for financial close. Take the lead on state or federal audits by keeping the audit focused, collaborate with various departments to pull required support and provide to the auditors timely, respond to audit findings as soon as they are brought to your attention, and keep all parties informed of the audit progress. Ensure compliance with existing SOX controls. Provide support for special projects and perform other duties as assigned.

Requirements

Strong organizational and analytical skills
Perform responsibilities effectively and efficiently
Ability to prioritize activities and meet all deadlines
Comfortable and able to perform data mining and research
Strong written and verbal communication skills
Ability to interpret and apply policies, procedures, rules and regulations
An exceptional team-player, establishing positive working relationships with others
Strong work ethic and ability to maintain a positive/flexible attitude in a fast-paced work environment
Bachelor’s degree in Accounting, Finance, Business or equivalent experience
4-5 years of experience in oil and gas revenue accounting, with state severance tax and federal royalty reporting preferred
Microsoft Office proficiency required (Excel and Word)

Nice To Haves

Quorum accounting software experience, preferred but not required

Responsibilities

Process, file, and pay all state (Texas and New Mexico) and federal royalties and amendments.
Process, file and pay all state severance taxes and amendments in Texas and New Mexico.
Stay current with TXOGA and NMOGA, and communicate upward any upcoming changes that may impact the business.
Prepare monthly account reconciliations for state and federal royalties and severance tax accounts.
Work with our severance tax consultants to ensure CDEV is obtaining all possible deductions and staying in compliance with state and federal regulations.
Process, file and record all severance tax exemptions/deductions.
Collaborate with land and regulatory to ensure leases are getting setup timely with the GLO, and we are filing all proper paperwork to obtain possible deductions.
Prepare a monthly analysis of severance tax for financial close.
Take the lead on state or federal audits by keeping the audit focused, collaborate with various departments to pull required support and provide to the auditors timely, respond to audit findings as soon as they are brought to your attention, and keep all parties informed of the audit progress.
Ensure compliance with existing SOX controls.
Provide support for special projects and perform other duties as assigned.