Oil and Gas Revenue Accountant

A family office in Dallas seeks an exceptional individual to immediately fill one permanent full-time Oil and Gas Revenue Accountant position.

The Company.

• Venable Royalty, Ltd. is a traditional family office founded in the 1930s. We manage our legacy assets while actively acquiring new oil and gas interests.
• Our stability sets us apart in the industry, operating debt-free and successfully navigating the ups and downs of the energy business. Thanks to our conservative management, we are solid as we look to the future.
• We operate in a beautiful cubicle-free environment that is calm and based on integrity, respect and professionalism.

The Team.

• Contributing to the success of the team and to the partnership with a “whatever it takes” attitude is essential.
• Our team objective is to be efficient, kind, collaborative and supportive. Members help each other as needed, regardless of formal job descriptions.
• Our management is supportive of professional development and values educational opportunities that increase the skills we bring to our positions.

The Position.

• The Revenue Accountant will report to the Director of Accounting and Mineral Management and will be responsible for a variety of high-level and high-volume revenue tasks.
• This is a special place for a special person. In our small office, every single person is crucial, important and has an impact on the business. This position is perfect for the person who needs to see that their efforts matter, and who isn’t fulfilled being an employee number completing a narrow task within a huge corporation.

The Ideal Candidate.

• 3 years in oil and gas revenue accounting; specifically with electronic data uploads.
• A family office background would be a big plus. Experience with a large oil and gas operator may provide insight into the industry and familiarity with terminology, but doesn’t provide the necessary hands-on experience.
• Superior Excel skills are critical, in addition to strong mathematical aptitude and the ability to learn quickly.
• The love for tackling puzzles and solving challenging and complicated issues, merely for the satisfaction of figuring it out, would be a great skill to bring to the position.
• Smart...sane...calm...nice...grateful.

Job Description.

To process large, complex non-operated revenue receipts via electronic uploads, manually modify and rebuild data received with accountability that all is efficiently and accurately processed; assist with various reports and needs of management and tax preparers; other projects as needed. Collaborate with Revenue Specialist to assure monthly deadlines are achieved.

• Upload large (as many as 50,000 lines of data) or complex CDEX revenue files; review edits for deductions and anomalies such as price and decimals paid.
• Parse CDEX files to perform further manipulation via Excel templates to change product codes when multiple decimals are required, calculations (gross up taxes and deducts), remove lines with no value, combine like lines etc.; reconstruct for upload.
• Accurately and timely complete and submit maintenance requests for new wells, decimals, operator changes, etc.
• Assist Land Analyst as needed with large maintenance requirements including acquisitions and operator changes by preparing and implementing uploads for wells, decks and purchaser masks using Excel templates.
• Monitor, review and post revenue receipts entered by Revenue Specialist.
• Monitor, review and post deposit journal entries created and uploaded by Revenue Specialist.
• Prepare revenue data for upload using OGSQL PCX Excel templates when direct CDEX uploads impractical or unavailable.
• Scan checks to Enverus for conversion to CDEX format when data files are otherwise unavailable. Monitor return of processed files, proof for accuracy, and upload to system.
• Monitor revenue email for incoming statements and queries; distribute as needed.
• Perform month-end revenue review to reconcile and verify all receipts have been accounted for; research and correct any anomalies; prepare final report.
• Create monthly cross reference reports in Excel for use during the coming month.
• Prepare annual 1099 worksheets for Revenue Specialist to record 1099s as received; assist with research, reconciliation and operator follow-up as needed.
• Prepare first quarter accrual reports for tax preparers.
• Create journal entry uploads for annual tax adjustments for multiple companies.
• Assist with reporting needs for management and tax preparers.

Qualifications.

• Bachelor’s degree in accounting; CPA a plus but not required
• Three (3) plus years of experience in the oil and gas industry; revenue processing specifically
• Solid understanding of oil and gas accounting in general
• Experience with OGSQL accounting software a major plus
• High proficiency using Microsoft Excel is essential
• Experience with EnergyLink and CDEX uploads
• Ability to multitask in a heavily papered, high volume, deadline-driven environment
• Strong written and verbal communication skills; able to effectively communicate with all levels including outside purchasers and operators, team members and management
• Excellent organization and time management skills
• Meticulous, detail-oriented nature with desire for accuracy and excellence in completing tasks
• Ability to research and logically problem-solve
• Professional manner

Our business is founded on integrity and operates with a desire for excellence. We seek the same attributes in this Accoutant. In exchange, we offer a peaceful environment within a stable organization, a beautiful office, a highly accessible location, and an attractive compensation/benefits package, including 100% company-paid PPO medical and dental insurance, company-paid gym membership, 401k after one year, and paid holidays and vacation.

Please include a cover letter of introduction as resumes submitted without such cannot be considered.

Job Type: Full-time

Benefits:

• 401(k) 3% Match
• Dental insurance
• Health insurance
• On-site gym
• Paid time off

Experience level:

• 3 years

Schedule:

• Monday to Friday

Application Question(s):

• Are you willing to work in-office 100%?

Education:

• Bachelor's (Required)

Experience:

• Oil and Gas Revenue: 3 years (Required)
• Microsoft Excel: 3 years (Required)
• Accounting: 5 years (Required)

Work Location: In person