Oil & Gas Revenue Accountant
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Overview
Remote
On-site
Compensation
$80,000-$143,000/year
Job Description
Clayton Services is searching for an Oil & Gas Revenue Accountant to join a thriving company in Denver, Colorado. The Oil & Gas Revenue Accountant will be responsible for maintaining accurate revenue records, processing revenue transactions, coordinating regulatory filings, and ensuring proper allocation and reporting of oil and gas revenues.*Candidate must relocate to Denver, Colorado. Generous relocation package provided.*Job Type: Direct HirePay Rate: $80,000 – $143,000 annually (based on experience)Benefits: Annual incentive compensation, Paid Time Off, medical, dental, vision, 401(k) with company matchOil & Gas Revenue Accountant Responsibilities:
- Maintain accurate records of all revenue transactions and process proceeds
- Coordinate and support monthly regulatory filings and payments (ONRR, Tribal, BIA, and production taxes)
- Perform allocation of wellhead sales to working interest owners for current and prior period adjustments
- Ensure revenue accounts receivable are properly offset against cash receipts after booking
- Establish revenue agreements and shipper contracts within the accounting system
- Prepare monthly and quarterly revenue variance analyses
- Coordinate with Field and Marketing teams to ensure accuracy of volumes and pricing
- Calculate and record monthly revenue accrual entries
- Coordinate and process monthly revenue payment runs
- Calculate pipeline inventories and imbalances; prepare ledger entries and sales adjustments
- Research, reconcile, and resolve outstanding accounts receivable
- Prepare monthly account reconciliations as assigned
- Manage suspense balances in coordination with the land administration team
- Maintain payout balances and ensure timely prior period adjustments
- Prepare revenue source documentation for audit requests
- Serve as a primary contact for owner inquiries and provide prompt, accurate responses
- Maintain accurate inventory accounting for oil volumes at terminals and in rail cars
- Process owner voids and re-issues
- Perform other duties as assigned
- Strong knowledge of oil and gas revenue distributions and division of interest
- Working knowledge of generally accepted accounting principles (GAAP)
- Experience with oil and gas contracts
- Strong account reconciliation and receivables collection skills
- Advanced Microsoft Excel skills
- Ability to manage multiple priorities and work efficiently in a fast-paced environment
- Strong communication skills with the ability to work across multiple organizational levels
- Bachelor's degree in a business-related or accounting discipline preferred
- Minimum of 3+ years of oil and gas revenue accounting experience
- Proficiency with oil and gas accounting software
- Working knowledge of Enertia is a plus
- Experience with tribal and federal lands (Utah experience a plus)
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FAQs About Oil & Gas Revenue Accountant Jobs at Clayton Services
What is the work location for this position at Clayton Services?
This job at Clayton Services is located in Houston, TX, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Clayton Services?
Candidates can expect a pay range of $80,000 and $143,000 per year.
What employment applies to this position at Clayton Services?
The employer has not provided this information. This may be discussed during the hiring process.
What is the process to apply for this position at Clayton Services?
You can apply for this role at Clayton Services either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.