What are the responsibilities and job description for the Revenue Supervisor position at Korn Ferry?
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 or Houston, TX (Travel 2 weeks of each month)
- 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
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
- Flexibility in location with option for Houston-based candidates (with periodic travel to Durango)
- 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: 510794886
Salary : $125,000 - $140,000