Revenue Accountant

Company: Permian Resources
Location: Midland
Posted on: May 24, 2023

Job Description:

Revenue Accountant will have general revenue accounting duties as well as responsibilities including regulatory reporting functions such as state severance tax and royalty reporting. The ideal candidate will have strong accounting skills, an understanding of the unique requirements pertaining to oil and gas in the state of Texas, and previous experience with Quorum accounting software.General responsibilities:Revenue and production data entry into Quorum accounting softwareProcess, allocate, and account for production of oil, gas, and NGLsAnalyze purchaser statements, prepare revenue and allocation spreadsheets, and ensure proper accounting concerning taxes, deductions and allowable exemptionsPrepare, file, and amend for any adjustments in relations to tax and royalty reports as required by state and federal agenciesPrepare accounting entries related to revenue monthly processing and close activitiesPull audit support, as neededCalculate the monthly oil price expected to be paid by each purchaser per the agreementsMail monthly revenue statementsRun monthly processes to ensure payout statements are calculating correctlyPrepare account reconciliations for revenue, royalty and tax accountsProvide support for special projects and perform other duties as assignedKnowledge and Skills include:Strong organizational and analytical skillsPerform responsibilities effectively and efficientlySuperior ability to prioritize activities and meet all deadlinesStrong written and verbal communication skillsMust possess a strong work ethic and demonstrate a positive/flexible attitude in a fast-paced work environmentPosition Requirements:Bachelor's degree in Accounting, Finance, Business or equivalent experienceMinimum of 1-2 years of experience in oil and gas revenue accounting including exposure to state severance tax and federal royalty reportingQuorum accounting software experience, preferred but not requiredMicrosoft Office proficiency required (Excel and Word)

Keywords: Permian Resources, Midland , Revenue Accountant, Accounting, Auditing , Midland, Texas