Revenue Manager

QB Energy • Denver, CO

3d • Onsite

About The Position

QB Energy is a Denver-based upstream natural gas company committed to delivering value through responsible acquisition, development, and production that benefits both shareholders and stakeholders by operating efficiently, sustainably, and with cutting-edge technology. QB Energy operates in the Piceance Basin of Western Colorado, currently operating about 400,000 net acres. The company develops and operates upstream gathering, compression, processing, and fractionation assets, with a focus on safety, environmental stewardship, and community engagement. Initiatives such as zero-flaring, methane emissions reduction, water recycling, and wildlife mitigation help minimize footprint while maximizing long-term value.

Requirements

• Associate’s degree in accounting, business or comparable field is required
• 5 years of experience in Revenue Accounting for Natural Gas is required
• 2 years of managerial experience is required
• Ability to communicate well with internal and external colleagues
• Demonstrate initiative and ownership of responsibilities
• Ability to manage time and meet deadlines is critical
• Proficient with MS Office with advanced proficiency in Excel
• BOLO software expertise is highly desirable

Nice To Haves

• Bachelor’s degree in accounting, business or comparable field is preferred
• CPA license is preferred, not required

Responsibilities

• Manage Revenue Accountants including review and approval of revenue bookings and monthly accruals in accordance with monthly close deadlines
• Perform lookback analysis on monthly accruals to ensure accuracy of monthly reporting
• Implement revenue processes which accurately distribute revenue and correspond with the nuances of each asset area, including collaboration with 3rd party marketing to understand gas purchase agreements and fee contracts
• Analyze data for accuracy, problem solve and implement process improvements including standardized processes where possible
• Perform analysis on monthly revenue accrual vs. actual to seek process improvements and accrual accuracy
• Prepare account analysis and reconciliations for revenue related accounts monthly including the production receivable and gathering/transportation holding payable account
• Coordinate with 3rd party marketing over pricing and volume allocation issues
• Manage team’s responses to royalty owners’ inquiries in a timely manner
• Research and resolve revenue accounting issues within accounting software (BOLO)
• Review Monthly production tax calculations for Colorado
• Assist with external audit, specifically as it relates to revenue requests
• Integrate revenue processes around new asset acquisitions including integration into accounting software and manage any asset dispositions
• Work closely with Production Accounting to create and maintain revenue allocations
• Assist State and Local tax consultants with preparing the Colorado Severance Tax returns
• Complete special projects as assigned
• Manage senior revenue accountants and revenue/regulatory supervisor

Benefits

• Medical Plan: QB Energy offers multiple medical plans to choose from
• Lowest level plan premiums are covered at 100% for employees and dependents
• Dental Plan
• Vision Plan
• Long-term disability, life insurance, and AD&D covered by QB Energy
• 401k plan: QB Energy matches 100% of employee contributions up to the first 6% of compensation
• Paid Time Off
• Paid Holidays
• Gym membership reimbursement
• Paid parking or RTD pass
• Onsite gym
• Cellphone reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: Associate degree