Description
The successful candidate will be joining one of the largest privately-held independent oil & gas acquisition, development, and production companies in the U.S. Citation’s assets consist of more than 430 fields located in 13 states that have more than 257 million net equivalent barrels of remaining proved reserves (82% oil, 71% developed). Citation employs approximately 500 people and is headquartered in Houston, Texas. Voted as one of the premier oil and gas producing companies in the U.S., Citation’s employees are committed to operational excellence and integrity, and experience the uniqueness of a close-knit organization with a high regard for teamwork, work-life balance and a sense of belonging. The Manager – Revenue Accounting (“Manager”) position is ideally suited for the upstream E&P operations accounting professional that shares these values.
The Manager position is the result of an internal promotion and will hold a key leadership role within Citation’s Operation’s Accounting Team. The successful candidate will lead the Revenue Accounting team responsible for the revenue bookings, revenue DOI maintenance, owner relations, 1099 filings, and state unclaimed property filings(Escheat). The Manager is expected to foster a collaborative environment and develop the Revenue Accounting team members’ skills. In addition, he/she will seek ways to improve existing processes, controls, and procedures as well as develop and implement new processes, controls, and procedures as a result of evolving business needs.
Responsibilities
- Lead a team of 7 Revenue staff who are responsible for the revenue bookings of operated and non-operated properties, revenue DOI maintenance, owner relations, and state unclaimed property filings.
- Lead the monthly analysis of revenue trends in pricing, volumes, and values by coordinating with internal and external stakeholders to ensure timely and accurate revenue reporting and analysis.
- Facilitate information flow between Revenue, Land, AP, and Operations to ensure timely and accurate disbursements for new well revenues for both operated and non-operated properties
- Coordinate with AP on revenue netting on non-operated properties
- Coordinate data acquisition with other internal departments to ensure the accuracy of the data used for bookings.
- Provide an environment where the Revenue accounting staff members can grow and are comfortable challenging the status quo.
- Manage the process, including data, research and deadlines, for the unclaimed property filings (Escheat) to multiple states.
- Recommend and implement improvements which efficiently and effectively address changing business needs while maintaining or improving internal controls.
- Assist with processes and reporting needs between the Excalibur accounting system and other internal systems.
- Collaborate closely with other internal department leaders to improve on processes and streamline existing reporting, systems, and dataflow.
- Maintain current documentation of policies, procedures and processes.
- Support corporate acquisition and divesture related activities.
- Manage 1099-MIS, NEC, and INT reporting to owners.
Qualifications
- 4-year undergraduate degree (Accounting/Finance), with 8+ years of oil and gas Revenue accounting experience, or high school diploma with 12+ years of progressive oil and gas revenue accounting or equivalent experience.
- Strong knowledge of, and experience working with, revenue detail for both operated and non-operated properties. (Note: Accredited Petroleum Accountant (APA) accreditation is a plus)
- 3+ years supervisory experience.
- 6+ years’ experience with and strong working knowledge of Excalibur or similar oil and gas accounting software.
- Strong critical thinker who can combine their advanced Microsoft Excel, problem solving, and data analysis skills with strong communication skills.
- Past success in establishing and maintaining cooperative working relationships, while fostering and encouraging teamwork with various internal departments and external third parties.
- Very strong interpersonal skills regarding mentoring, training, professional development and motivation of staff.
- Proven knowledge of outside operated revenue processes and the associated
- Demonstrated ability to lead, delegate and provide advanced technical knowledge of oil and gas Revenue accounting practices for a variety of highly complex assignments, while successfully collaborating with various company departments (e.g., Production, Marketing, Land, Legal, and Corporate Accounting), as well as third parties.
- Flexible and adaptable to changing priorities, tasks, and deadlines.
- Strong Microsoft Office experience and skills including Excel, Word, Outlook, and Teams. Proficient with PowerPoint
- Experience related to oil and gas property asset acquisitions and divestitures, including required system setup for the acquired properties is a bonus.
Contact: Submit your resume for consideration by emailing it to hrwebjobsearch@cogc.com or faxing it to our Human Resources department at 281-891-1000.
Hours: Flexible Hours Schedule
Job Code: 917
Date: March 19, 2024
