Summary:
- Record, reclass, and reconcile cash receipts from Treasury for oil, gas, NGL sales and overriding royalty payments.
- Perform monthly balance sheet account reconciliations and help to resolve outstanding AR/AP balances.
- Perform detailed account coding in SAP for 3rd party invoices.
Responsibilities:
- Accurately apply cash receipts to correct properties via the cash application process or manual journal entry process.
- Reconcile cash at month end and accrue cash not yet booked.
- Accurately book ORRI checks as cash/detail comes in throughout the month and before the given monthly close deadline.
- Complete assigned monthly account reconciliations by 12th workday of the month.
- Provide detail coding in SAP for 3rd party invoices processed by Revenue Acctg.
- Help to facilitate a new revenue system (Bolo) implementation in 2Q25 (Cash App, CDEX, etc.).
- Help research/resolve outstanding AR/AP balances. Determine if PPA is needed or if contact with purchaser/vendor is warranted.
- Perform ad hoc tasks as requested.
Requirement:
- Experience in the oil and gas industry, revenue accounting.
- Degree in Accounting, Finance or equivalent industry experience.
- Basic understanding of information technology and computer applications.
- Experience reconciling oil and gas accounts receivable/payable accounts.
- Capable of meeting monthly closing deadlines with accuracy and efficiency.
Communication Areas:
- Interact with other departments, such as ETS, Commercial, Operations, Production, Land, etc.
- Interact with 3rd parties in obtaining revenue pricing, volume and payment discrepancies.
