24-193.B3 - Revenue Accounting Manager

We are seeking an experienced revenue manager to oversee the revenue accounting processes. This role requires a deep understanding of the oil and gas industry and E&P revenue accounting, as well as managing a team, implementing best practices in revenue accounting processes, and collaborating closely with operations, land, and marketing teams.

Essential Job Responsibilities:

• Manage and ensure accurate and timely recording of oil and gas revenue in accordance with Generally Accepted Accounting Principles.
• Oversee the monthly revenue close processes, including journal entries, accruals, and reconciliations.
• Monitor and review contract for compliance with revenue recognition standards.
• Coordinate with production accounting team to ensure accurate allocation of production of volumes.
• Lead external audit requests and ensuring documentation is accurate and readily available.
• Identify and implement improvements in revenue accounting processes to enhance efficiency and accuracy.
• Collaborate with IT and technical accounting teams to optimize accounting system.
• Manage, mentor, and develop a team of revenue accountants, providing guidance and feedback to ensure high performance and career development of individuals.
• Oversee the delegation of tasks and projects within the team to ensure deadlines and objectives are met.
• Foster a collaborative environment across cross-functional teams, including land, marketing, and operations.
• Work closely with the land team to understand lease terms, division orders, and other agreements that impact revenue distribution and accounting.
• Liaise with operations and marketing teams to verify sales volumes, product pricing, terms, fees, and revenue streams.
• Serve as key point of contract for partner relations, external auditor, and JV audit team for revenue related questions and requests.

Other Job Responsibilities:

• Adhere to the company’s values – integrity, ownership, urgency, alignment and innovation.
• Support company and department visions and missions.
• Adhere to established work schedule, attendance standards and is punctual to work and meetings.
• Maintain employee confidence and protects company assets, including intellectual property, by keeping information confidential.
• Maintain technical knowledge by attending educational workshops and reviewing professional publications, establishing personal networks, and participating in professional associations.
• Strong leadership and team management skills.
• Excellent analytical, problem solving, and organization skills.
• High attention to details and the ability to meet tight deadlines.

Qualifications:

• Ten (10) years minimum experience in Upstream Oil and Gas Accounting (and/or related fields) including technical accounting, business analysis or relative accounting functions.
• In-depth understanding of revenue recognition principles, particularly within the E&P industry.
• Strong communication, presentation, and interpersonal skills, with the ability to collaborate effectively across departments.
• Proficient in SAP and Microsoft office applications.

Education Requirements:

• Bachelor’s Degree from an accredited four-year university or college with a focus on finance or accounting.

Certifications, Licenses, Registrations:

• None