Revenue Accounting Supervisor (Ignacio/Durango, CO Relocation)

Korn Ferry is partnering with our client in their search for a Revenue Supervisor.

Company Overview:

• Our client is an oil and gas exploration and production company owned by well-established investment and operating organization focused on developing and managing a diverse portfolio of operated and non-operated assets across onshore and offshore regions
• Headquartered in Durango, Colorado, the company operates over 1,600 wells and maintains a growing presence across key U.S. energy basins, supported by both field operations and a technical office in Houston
• The organization is known for its long-term, disciplined approach to asset management, with a strong emphasis on operational excellence, regulatory compliance, and sustainable growth
• The organization operates within a stable, well-capitalized structure and maintains a strong reputation for employee retention, collaborative culture, and long-term career development
• The corporate environment is highly team-oriented and inclusive, with a family-focused culture that emphasizes flexibility, work-life balance, and strong cross-functional collaboration

Role Summary:

• Title: Revenue Accounting Supervisor
• Department: Accounting & Finance
• Location: Durango, Colorado (Relocation only)
• Primary Focus: Lead all revenue accounting functions, including distribution, reporting, compliance, and team oversight, while supporting the Controller and broader finance organization

Key Responsibilities:

• Oversee all revenue accounting activities including distribution of operated and non-operated revenue
• Manage and supervise a team of 3 revenue accountants, providing guidance, training, and performance oversight
• Handle monthly revenue processes including input of non-operated revenue received from partners
• Support monthly close activities including accruals, reconciliations, and prior period adjustments
• Reconcile daily cash balances, manage deposits, and support treasury-related activities
• Calculate and manage royalty and tax obligations, ensuring compliance with regulatory requirements
• Maintain and review balance sheet reconciliations and general accounting activities
• Respond to inquiries from interest owners and support stakeholder communication
• Ensure compliance with ONRR reporting, regulatory requirements, and internal controls
• Partner closely with Controller, Assistant Controller, and broader accounting team to support reporting and process improvements

Ideal Candidate Profile:

• Bachelor’s degree in Accounting, Finance, or related field required
• 10 years of direct oil & gas revenue accounting experience (operated and/or non-operated wells)
• Strong understanding of revenue distribution, ONRR reporting, royalties, and regulatory compliance
• Prior supervisory experience managing and developing accounting staff
• Experience with oil & gas accounting systems such as Enertia, OGsys, or similar
• Strong Excel skills and ability to manage large datasets
• Detail-oriented with strong analytical and problem-solving capabilities
• Ability to operate in a collaborative, team-oriented environment while also working independently
• Open to Relocating to Durango, CO

Compensation & Benefits:

• Target base compensation range: $125K–$140K
• Annual discretionary bonus based on performance review (historically paid each year)
• High performer bonuses typically range 25%–30%
• Long Term Incentive Plan (LTIP) for high performers with stacked long-term incentive payouts
• 4% 401(k) match plus discretionary 6% profit sharing contribution
• Top-tier medical and benefits package
• Annual performance review process with merit increases typically ranging 3%–5%
• Hybrid schedule with 3 days in office depending on team structure
• 9/80 work schedule with every other Friday off
• Generous PTO including all federal holidays and additional tribal holidays

Selling Points

• Immediate impact role due to internal promotion, with strong visibility to leadership
• Opportunity to join a stable, well-established E&P company with long-term backing
• Strong, family-oriented and inclusive culture with a laid-back, collaborative environment
• Clear leadership responsibility overseeing a team of 3 with room for growth
• Exposure to both operated and non-operated assets across a large and diverse portfolio
• Excellent work-life balance with 9/80 schedule and generous PTO structure
• Ideal for a seasoned revenue accounting professional seeking stability, leadership responsibility, and long-term career growth within oil & gas

SE #510809540