MV Purchasing, LLC · 2 days ago
Lease Revenue Accountant
Oklahoma City,OK,US
Full-time
Hybrid
Mid Level
3+ years expMVP Holdings is a privately owned energy logistics company headquartered in Wichita, KS. They are seeking additional Lease Revenue Accountants to reconcile monthly crude oil purchased volumes and assist with State and Federal compliance reporting. The role involves executing lease accounting processes, collaborating with analysts, and improving existing processes.
EnergyLogisticsMarketingTransportation
Responsibilities
Execute various lease accounting and compliance processes, including Truck ticket reconciliations and uploads
Sub-well allocations
Process owner adjustments, such as reject recoveries
Process and distribute operator run statements
Reconcile volumes and pricing
Process distribution payments
Process PPA’s
Process early payments to operator
Prepare balance sheet reconciliations
Assist with various compliance reporting, including BIA, GLO, ONRR, and TX RRC T-1’s
Review and assist with suspense adjustments and clean-up
Process Escheat payments
Review and process voided payments
Collaborate with lease analysts and division order analysts to ensure efficient monthly processes
Assist in reporting to management, corporate accounting, etc
Assist with annual 1099 and 1042 preparation and other tax reporting
Assist with acquisitions, due diligence, internal/external audits, data conversions, and other special projects as needed
Complete other duties and responsibilities as reasonably assigned by management
Improve upon current processes and challenge existing processes
Qualification
Required
Strong proficiency in Microsoft Office, specifically Excel
Strong analytical and problem-solving abilities, with the ability to troubleshoot software and processing issues
Ability to meet deadlines and produce results under tight deadlines
Excellent organizational skills, attention to detail, and ability to perform with a high level of accuracy
Strong verbal, written, and interpersonal communication skills to interact with team members at all levels of the organization
Able to perform multiple tasks simultaneously and under time constraints
Able to maintain and process confidential information discretely
Willingness to accept constructive feedback
Able to work effectively in a team environment
4 year Accounting degree or equivalent experience
3+ years experience in oil & gas accounting with knowledge of industry terminology
Ability to perform simple motor skills and gross body coordination such as standing, walking, bending, stooping, filing, sitting, etc
Ability to sit, view data, and work on a computer for prolonged periods of time
Ability to push, pull, and lift 25 lbs occasionally
Preferred
Valid Driver's License
Past experience with oil & gas midstream company
Production and severance tax experience
Knowledge of PakEnergy (WolfePak) or similar oil and gas software
Benefits
Competitive benefits
401K has a $1:$1 match up to 6% and is fully vested immediately
Company
MV Purchasing, LLC
MV Purchasing, LLC (MVP) was formed to buy oil from producers in Kansas, Colorado, Nebraska, and the Oklahoma and Texas Panhandles.
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase