Verdun Oil Company · 2 days ago
OBO Revenue Accountant
Houston, TX
Full-time
Onsite
Senior Level
5+ years expVerdun Oil Company is seeking an OBO Revenue Accountant to manage oil and gas revenue for Texas non-operated properties. The role involves conducting variance analyses, preparing reconciliation reports, and acting as a liaison with various departments within the organization.
EnergyIndustrialOil and Gas
Responsibilities
Responsible for recording oil and gas revenue for Texas non-operated properties
Responsible for conducting ad-hoc analysis and variance analysis as needed
Responsible for performing revenue accruals for non-operating wells
Responsible for analyzing plant statements
Act as liaison with Production, Marketing, Land Administration, and other departments within the organization
Responsible for preparing accounts receivable reconciliation report and resolving outstanding balances on a monthly basis
Responsible for preparing general ledger (G/L) account reconciliation report and reconciles and clears balances on a monthly basis
Responsible for preparing gas balancing statements and pipeline reconciliation reports
Responsible for preparing sales variance analysis and explaining major sales fluctuations for assigned properties on a monthly basis
Responsible for performing special projects that require knowledge of oil and gas revenue accounting
Responsible for setting up and maintaining all revenue cross references
Responsible for performing cash application by purchaser each month
Must be knowledgeable in Texas severance tax reporting
Adhere to the Company's values – contribution, responsibility, perseverance
Support Company vision and mission
Adhere to established work schedule, attendance standards and is punctual to work and meetings
Maintain employee confidence and corporate assets, including intellectual property, by keeping information confidential
All other duties and tasks as assigned by the direct supervisor or manager
Qualification
Required
Responsible for recording oil and gas revenue for Texas non-operated properties
Responsible for conducting ad-hoc analysis and variance analysis as needed
Responsible for performing revenue accruals for non-operating wells
Responsible for analyzing plant statements
Act as liaison with Production, Marketing, Land Administration, and other departments within the organization
Responsible for preparing accounts receivable reconciliation report and resolving outstanding balances on a monthly basis
Responsible for preparing general ledger (G/L) account reconciliation report and reconciles and clears balances on a monthly basis
Responsible for preparing gas balancing statements and pipeline reconciliation reports
Responsible for preparing sales variance analysis and explaining major sales fluctuations for assigned properties on a monthly basis
Responsible for performing special projects that require knowledge of oil and gas revenue accounting
Responsible for setting up and maintaining all revenue cross references
Responsible for performing cash application by purchaser each month
Must be knowledgeable in Texas severance tax reporting
Adhere to the Company's values – contribution, responsibility, perseverance
Support Company vision and mission
Adhere to established work schedule, attendance standards and is punctual to work and meetings
Maintain employee confidence and corporate assets, including intellectual property, by keeping information confidential
All other duties and tasks as assigned by the direct supervisor or manager
Bachelor's degree in an accounting or related field is preferred
5+ years of oil & gas revenue accounting preferred
Comprehensive knowledge of oil and gas accounting system, bookkeeping for revenues and accounting systems
Strong spreadsheet and reconciling accounting skills
Ability to perform tasks and achieve results with a high degree of accuracy and precision
Ability to establish and maintain effective working relationships with employees, supervisors, other departments, and officials
Ability to complete multiple tasks of differing priorities without close supervision
Ability to meet time deadlines includes working overtime (evenings and weekends) when necessary
Full knowledge of Microsoft Office with strong Excel skills
Proficiency in the use and application of the following software: Required: Microsoft Office (Excel, Word, and Outlook)
Preferred
Bachelor's degree in an accounting or related field is preferred
5+ years of oil & gas revenue accounting preferred
Preferred: BOLO
Company
Verdun Oil Company
Verdun Oil Company is an oil and gas company that focuses on acquiring and developing oil and gas assets.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$250M2015-12-29Private Equity· $250M
Recent News
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