Supervisor - Revenue Accounting

Gulfport Energy•Oklahoma City, OK
•Onsite

About The Position

The Revenue Accounting Supervisor oversees the day-to-day operation of the Revenue Accounting staff, providing planning, guidance, and oversight. The role is responsible for designing, implementing, and executing the daily accounting and financial reporting of revenue activity and transactions. It owns the revenue cycle, supports accurate and timely monthly close and reporting, and ensures accounting practices comply with company policies, GAAP, SOX requirements, and applicable state tax and regulatory reporting requirements. The supervisor partners with operational teams, supports audit activities, improves revenue systems and processes, and develops staff through leadership, coaching, and mentoring. This is a full-time, exempt position in a professional office environment. Workdays and hours vary with workload and company needs, and minimal travel is expected.

Requirements

  • Bachelor's degree in accounting or a business-related field.
  • At least 5 years of relevant revenue accounting experience, including management experience.
  • Experience in oil and gas accounting, with knowledge of industry terminology.
  • Strong financial systems background and proficiency with oil and gas ERP systems.
  • Strong technical accounting background and thorough understanding of accounting standards and policies.
  • Expertise working with internal and external audit teams and comfort presenting to senior management.
  • Experience providing leadership, mentoring, coaching, counseling, and development to direct reports.
  • Knowledge of the oil and gas revenue process from beginning to end.
  • Working knowledge of severance tax and state and federal royalty regulatory filings.
  • Ability to read and interpret business publications, professional journals, technical procedures, and governmental regulations.
  • Ability to write reports, business correspondence, and procedure manuals.
  • Advanced oral and written communication, interpersonal, presentation, and organizational skills.
  • Strong analytical skills and attention to detail, with the ability to handle varied workflows, multiple tasks, deadlines, and changing priorities.
  • Ability to work independently and as part of a team, take initiative, embrace change, and accept responsibility of increasing complexity.
  • Strong time-management skills and ability to manage multiple projects, meet deadlines, and work efficiently in a fast-paced environment.
  • Deadline-focused, with the ability to understand how detailed accounting work affects overall reporting.
  • Intermediate knowledge of Microsoft Word and Outlook.
  • Advanced Excel proficiency.
  • Ability to solve problems involving several concrete variables in standardized situations and escalate issues when appropriate.
  • Ability to use a computer or phone for extended periods, use basic office equipment, lift 10 pounds occasionally, concentrate, and sit for long periods.

Nice To Haves

  • Experience with SSI and/or Quorum.
  • Familiarity with COPAS guidelines.

Responsibilities

  • Oversee the day-to-day operation, planning, and guidance of Revenue Accounting staff.
  • Own the revenue cycle, including reviewing contracts to determine appropriate revenue recognition under current and emerging accounting pronouncements.
  • Analyze moderately complex business transactions and determine appropriate accounting treatment through research or collaboration with subject matter experts.
  • Contribute revenue accounting expertise to business strategy, implementation, objectives, and accounting-process development.
  • Reconcile and analyze revenue general ledger accounts and propose adjusting entries to support monthly financial reporting.
  • Lead continuous review and improvement of revenue systems and business processes.
  • Prepare management reports, including revenue accruals, analysis, and metrics, and assist in developing models and reports for revenue forecasting.
  • Support audit activities by providing information and explanations and serving as a primary contact for revenue-cycle testing.
  • Review revenue staff work for compliance with SOX policies and procedures.
  • Develop and maintain policies, procedures, systems, and best-practice methods to improve revenue-cycle efficiency and workflow.
  • Maintain accounting practices that comply with company policies and GAAP, and stay current with changes.
  • Ensure monthly accounting close deliverables and reporting requirements are accurate and timely.
  • Partner with operational teams to understand business, system, and process changes that may affect financial results or internal controls.
  • Document SOX internal control procedures, identify control gaps, and implement remediation for assigned areas.
  • Create an effective work environment through shared vision, clear objectives, teamwork, recognition, and open communication.
  • Ensure state tax and regulatory reports are filed accurately and on time.
  • Perform other duties and responsibilities assigned by management.
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