Responsible for running and monitoring the completion of check write and escheat processes.
Essential Job 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.
Other Job Responsibilities:
- 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.
Qualifications:
- 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 the following software:
- Required: Microsoft Office (Excel, Word and Outlook).
- Preferred: Working knowledge of oil and gas accounting systems (Preferably SAP) and revenue terms.
Education Requirements:
- Bachelor’s Degree from an accredited four-year university or college with a business degree, or equivalent experience.