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Revenue Accountant
IKAV Energy Inc Houston, TX
$58k-74k (estimate)
Full Time 0 Months Ago
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IKAV Energy Inc is Hiring a Revenue Accountant Near Houston, TX

Description

IKAV Energy Inc is a private E&P company with its US headquarters in Durango, Colorado, and belongs to the global energy infrastructure group, IKAV. IKAV has worldwide offices in Hamburg, Luxembourg, Milan, Madrid, Lisbon, Munich, and Paris and has launched its US franchise in 2019 managing and operating a billion-dollar portfolio on a long-term basis. 

At IKAV, teamwork is at the heart of our operations and is only strengthened by the many diverse and professional backgrounds that shape our team. IKAV believes in flat hierarchies and the empowerment of team members. In return, we expect exceptional motivation, a high degree of independent thinking, and the ability to spot opportunities for optimization and growth.

The successful candidate will be responsible for the following including, but not limited to:

  • Conduct the monthly Revenue accounting close including processing of prior period adjustments. This includes both operated and non-operated properties.
    • Complete monthly variance analysis
  • Prepare monthly accruals and account reconciliations as assigned
  • Analyze receivable account monthly
  • Accountable for processing cash receipts
  • Knowledgeable in interpreting revenue contracts and applying terms appropriately
  • Work in conjunction with Division Order team to review escheatable items 
  • Execute annual process for 1099 filings
  • Assist in internal and external audits
  • Build relationship with Production and Midstream accountants to assist in executing activities
  • Identify and implement improvements to add to the efficiency and effectiveness of the company
  • Follow internal control policies and procedures

Requirements

Required Skills and Abilities

  • Must have strong analytical skills.
  • Practices and encourages open, honest, and timely communication within the team
  • Lead and foster a culture of ethical behavior that supports compliance programs and strong auditing and financial controls.
  • Quick learner who is a self-starter with sound judgment and decision-making abilities
  • Dynamic thinking that demonstrates a high level of personal motivation and organizational skills with an understanding of accountability
  • Flexibility to grow and change with company needs
  • Ability to work independently and as part of a team

Requirements

  • 5 or more years of accounting experience, with 3 years of Revenue accounting experience required
  • 3-5 years’ experience in oil and gas industry
  • Experience with W Energy a plus
  • Experience working in a growing start up environment strongly preferred
  • Bachelor’s degree in accounting
  • Proficient in Microsoft Office Suite plus advanced expertise with Excel, PowerBI and SQL experience
  • Working knowledge and high proficiency in ERP integrations

Job Summary

JOB TYPE

Full Time

SALARY

$58k-74k (estimate)

POST DATE

03/20/2023

EXPIRATION DATE

05/28/2023

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If you are interested in becoming a Revenue Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Revenue Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Revenue Accountant job description and responsibilities

Generate monthly revenue and expenditure reports to management.

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Revenue Accountants ensure generated revenues are properly checked and balanced.

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A revenue accountant main focus is to keep track of all of the revenue records that belong to a company or organization.

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A revenue accountants hold senior positions within a company, so they may supervise lower-level accounting employees, such as bookkeepers and auditing clerks.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Revenue Accountant jobs

Managerial skills are often required when senior or revenue accountants are responsible for supervising entire accounting departments.

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Accounts belonging to clients are closely managed by the revenue accountant.

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Revenue accountants will need to develop the skills necessary to use these technologies effectively.

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Revenue accountants must understand how businesses and enterprises work.

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Organization and attention to detail, analytical and problem solving skills.

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Step 3: View the best colleges and universities for Revenue Accountant.

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