LHH ยท 3 weeks ago
Revenue Accountant - On-Site - Ft. Worth (95k-105k)
LHH is seeking a Revenue Accountant on behalf of a privately held energy company known for its commitment to accuracy in financial reporting. The role involves processing monthly revenue for oil and gas assets, maintaining property records, and ensuring timely payments to royalty owners.
Responsibilities
Process monthly revenue for operated and non-operated oil and gas assets in accordance with internal procedures and deadlines
Accurately set up and maintain property records in the accounting system for acquisitions, sales, transfers, and disposals
Review and analyze production volume reports to calculate revenue allocations and generate accurate revenue entries
Prepare and reconcile monthly revenue accruals, and analyze actuals against accruals
Ensure accurate and timely payments of oil and gas revenue to royalty and working interest owners
Manage and resolve suspended royalty balances, including documentation and journal entries to clear accounts
Prepare and file state and federal royalty reports, production reports, and severance tax filings, including submissions to the State of Texas
Assist in entering run ticket and production data into accounting systems (e.g., WolfePak)
Respond to inquiries from royalty owners and other stakeholders regarding revenue payments
Collaborate closely with internal departments such as accounting, land, and operations to ensure accuracy and compliance in revenue processes
Qualification
Required
5+ years of revenue accounting experience in the upstream oil and gas industry is required
Strong working knowledge of oil and gas accounting, operations, and industry terminology
Demonstrated ability to apply accounting principles and revenue accounting procedures accurately
Preferred
Bachelor's degree in Accounting, Finance, or related field preferred
Experience with WolfePak accounting software is highly preferred
Proficient in advanced Excel, including the ability to work with large data sets for analysis and reconciliation
Company
LHH
At LHH, we believe work should be meaningful, fulfilling, and connected.
Funding
Current Stage
Late StageLeadership Team
Recent News
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2025-05-17
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