Revenue Accountant
Job Description
Revenue Accountant
Our Client is seeking a detail-oriented Revenue Accountant to join our accounting team. This position is responsible for the accurate recording and reconciliation of oil and natural gas revenue, ensuring compliance with company policies, contractual obligations, and state and federal regulations.
The ideal candidate has experience with upstream oil and gas accounting, production reporting, revenue distribution, and owner relations. This individual must possess strong analytical skills, attention to detail, and the ability to work effectively in a fast-paced environment. This job will be an in-office position.
Essential Duties and Responsibilities
Record monthly oil, natural gas, NGL, and other revenue transactions.
Reconcile purchaser statements to production reports and revenue records.
Verify production volumes and pricing using marketing contracts and settlement statements.
Prepare and reconcile revenue accruals.
Calculate and process royalty, overriding royalty, working interest, and other owner payments.
Review and resolve revenue variances and discrepancies.
Prepare and file state severance tax returns and related production reports.
Assist with federal and state regulatory reporting.
Reconcile general ledger accounts related to revenue.
Work closely with Production, Land, Marketing, and Joint Interest Accounting departments to resolve ownership and production issues.
Respond to owner inquiries regarding revenue payments.
Assist with annual financial statement audits and internal audits.
Maintain supporting documentation and ensure compliance with internal controls.
Participate in process improvement initiatives and system implementations.
Perform other accounting duties as assigned.
Qualifications
Required
Bachelor's degree in Accounting or Finance
2-5 years of accounting experience
Strong Microsoft Excel skills
Excellent analytical and problem-solving abilities
Strong organizational skills with exceptional attention to detail
Ability to manage multiple deadlines
Preferred
Experience in upstream oil and gas accounting
Knowledge of revenue accounting principles
Familiarity with royalty calculations and ownership interests
Experience with production accounting systems
Knowledge of severance tax reporting
Experience with ERP systems (such as WolfePak or similar)
Benefits
401(k)
401(k) matching
Dental insurance
Disability insurance
Employee assistance program
Health insurance
Life insurance
On-the-job training
Paid time off
Retirement plan
Vision insurance
Work Location: In person
W3Global was established in 2006 in Fremont, CA with a vision: simplify the recruiting process and develop an industry-disrupting platform to connect candidates with clients. Our cutting-edge Applicant Tracking System enables us to find the right person for the right job, creating value for job seekers and employers. While W3Global initially focused on IT staffing, we have expanded the business to serve many other industries, including accounting and finance, legal, engineering, human resources, government and more.
We’re proud of the investments we’ve made in our team, having grown from four to 1000 employees and evolving into one of the leading recruitment and staffing solution providers in the industry. Our recruiters and account managers are passionate about connecting qualified professionals with the right positions in small, medium, and large companies.
Our Services
W3Global understands the natural ups and downs of an organization’s staffing needs. We are continuously adapting to industry and economic changes to find the right candidates.
We specialize in placing permanent, direct, contract, and temporary positions for companies of any size. Our recruiting services include sourcing, recruiting, screening, interview management, salary negotiations, training, and onboarding.
We are committed to helping organizations redefine their recruitment process by delivering our SaaS-based proprietary application tracking system software.
Our Expertise
W3Global has been delivering staffing solutions for nearly two decades; we know which recruiting strategies work best. Our expert team is committed to developing a customized solution to fit your company’s unique needs.
As a W3Global client, you’ll also receive personalized assistance from a seasoned team of staffing specialists. We are committed to providing both technical support and industry expertise to simplify the hiring process. We know that your time matters. W3Global will help you streamline the hiring process, getting it done and getting it right.
