Manager - Revenue Accounting

Citation is one of the largest privately held independent oil and gas acquisition, development, and production companies in the United States. Founded in 1981 by Forrest E. Harrell, Sr., Citation has built a significant portfolio of mature, long-life producing properties through a combination of disciplined acquisitions, focused operations, and subsequent development. The Company has an enviable track record in attracting and retaining high-quality talent. This is the result of a stable, long-term business model and a corporate culture that emphasizes working smart, “doing business the right way,” and rewarding both performance and technical achievement. We are looking for talented and driven individuals to join our team, where you will have the opportunity to make a tangible impact helping to shape the future of our company and industry.

Objectives of this role:

• We are looking for an experienced and dynamic individual who can lead, motivate, and mentor the Revenue team. They will also be providing guidance on Escheat, 1099, and revenue/royalty activity related questions to other departments within the company. Provide technical and functional subject matter expertise in support and training of the Revenue Accounting.

Job Duties:

• Lead a team of 7 Revenue staff who are responsible for the revenue bookings of operated and non-operated properties, revenue DOI maintenance, owner relations, and state unclaimed property filings.
• Lead the monthly analysis of revenue trends in pricing, volumes, and values by coordinating with internal and external stakeholders to ensure timely and accurate revenue reporting and analysis.
• Coordinate data acquisition with other internal departments to ensure the accuracy of the data used for bookings.
• Provide an environment where the Revenue accounting staff members can grow and are comfortable challenging the status quo.
• Recommend and implement improvements to efficiently and effectively address changing business needs while maintaining or improving internal controls.
• Assist with processes and reporting needs between the Excalibur accounting system and other internal systems.
• Collaborate closely with other internal department leaders to improve on processes and streamline existing reporting, systems and dataflow.
• Maintain current documentation of policies, procedures and processes.
• Support corporate acquisition and divesture related activities.
• Manage 1099-MIS, NEC, and INT reporting to owners.

Qualifications:

• 4-year undergraduate degree (Accounting/Finance), with 10 years of oil and gas Revenue accounting experience, or high school diploma with 15 years of progressive oil and gas revenue accounting or equivalent experience.
• Strong knowledge of, and experience working with, revenue detail for both operated and non-operated properties. (Note: Accredited Petroleum Accountant (APA) accreditation is a plus)
• 4 years supervisory experience.
• 8 years’ experience with and strong working knowledge of Excalibur or similar oil and gas accounting software.
• Strong critical thinker who can combine their advanced Microsoft Excel, problem solving, and data analysis skills with strong communication skills.
• Past success in establishing and maintaining cooperative working relationships, while fostering and encouraging teamwork with various internal departments and external third parties.
• Very strong interpersonal skills regarding mentoring, training, professional development and motivation of staff.
• Demonstrated ability to lead and delegate, while providing advanced technical knowledge of oil and gas Revenue Accounting practices for a variety of highly complex assignments, while successfully collaborating with various company departments (e.g., Production, Marketing, Land, Legal, and Corporate Accounting), as well as third parties.
• Excellent critical thinking and problem-solving skills.
• Flexible and adaptable to changing priorities, tasks, and deadlines.
• Experience related to oil and gas property asset acquisitions and divestitures, including required system setup for the acquired properties is a bonus.

Performance Measurements:

• Ensure the required internal and external reporting is accurate and timely.
• Revenue accounting and reporting functions are conducted in accordance with established company policies and procedures.
• Seen as a trusted, well respected advisor by management, peers, staff and other company personnel.
• Innovative thoughts, ideas, insights and recommendations are clearly communicated and accepted resulting in continuous improvements to our business.
• Effective processes have been developed / updated and executed across the organization and metrics have been established.
• Good coordination and effective working relations exist with other departments, with effective support and assistance provided for Revenue accounting matters.
• Efficient and effective integration of the activities for oil and gas property acquisition and divestiture transactions.

Compensation:

• Base salary - commensurate with experience
• Short-term incentive compensation - annual discretionary cash bonus, based on a combination of individual and company performance
• Long-term incentive compensation – eligible for additional cash compensation as a participant in the company’s LTI plan

Benefits:

• Comprehensive medical, prescription, dental and vision insurance (effective date of hire)
• Medical insurance plan options: CDHP/HSA or PPO
• Wellness program
• 401(k) plan with 100% company match up to 6% salary (100% vesting over 5 years)
• Flexible hours work schedules
• Flexible spending accounts – health care and dependent care
• Life and AD&D insurance
• Dependent family basic life insurance
• Dependent spouse optional life insurance
• Short-term and long-term disability
• Employee assistance program
• Vacation – eligible for 4 weeks with 10 years of experience and 5 weeks with 25 years of experienc
• Company-paid holidays – 10 days/year company-wide with 1 personal day during employee birth month
• Personal leave policy
• Lifestyle Health & Wellness Lifestyle Account – reimbursement of up to $1,200/year for qualified health and wellness expenses (ex: health club memberships, exercise equipment, fitness classes, vitamins/supplements)