Sr. Accounting Specialist

EOG Resources

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profile Job Location:

Houston, MS - USA

profile Monthly Salary: Not Disclosed
Posted on: 2 hours ago
Vacancies: 1 Vacancy

Department:

Accounting

Job Summary

The Revenue Accountant is responsible for executing and maintaining the accuracy of all revenue-related accounting activities for companyoperated and nonoperated oil and gas properties. This role ensures the timely recording allocation reconciliation and reporting of hydrocarbon revenues in compliance with company policies contractual obligations and applicable regulatory requirements.
Key Responsibilities
  • Revenue Recording & Allocation
    * Record monthly oil natural gas and NGL revenue including processing natural gas plant statements and allocating volumes and values across operated and outside-operated properties.
    * Manage associated accounts receivable and ensure timely collection and accurate application of payments.
  • Division of Interest (DOI) Administration
    * Review validate and process DOI changes received from the Land Administration team to ensure accurate revenue distribution and owner payments.
  • Gas Balancing & Imbalance Management
    * Monitor gas balancing positions pipeline imbalances and related operational data.
    * Prepare and record all required general ledger entries associated with imbalances and balancing activities.
  • Regulatory Reporting Support
    * Coordinate with the Regulatory team to support compliant royalty reporting for Federal State and fee interests.
    * Assist in the preparation and validation of State severance tax filings and ONRR reporting.
  • General Ledger & Reconciliation
    * Perform monthly account reconciliations and detailed analysis for revenue-related general ledger accounts.
    * Ensure accuracy completeness and proper documentation for all financial transactions.
  • Stakeholder Communication
    * Respond professionally and promptly to inquiries from royalty owners partners auditors and internal departments.
    * Provide analysis and support for ad hoc requests as needed.
  • Process Improvement & Special Projects
    * Participate in system enhancements process optimization initiatives and special projects aimed at improving data quality reporting efficiency and internal controls.
Overall Purpose
This position plays a critical role in safeguarding revenue integrity optimizing allocation accuracy and ensuring full compliance with State Federal and ONRR reporting requirements.

A bachelors or masters degree from an accredited institution in an accounting related business field (e.g. Finance) including core accounting classes relevant to the position is required. 5 years of oil and gas revenue accounting or comparable oil and gas accounting experience is required. CPA is a plus. Must have working knowledge of and ability to apply generally accepted accounting principles. Must be proficient in Windows MS Excel and Word. Knowledge of AS400 system and MS Queries a plus.

Position will be filled at a level commensurate with experience.

EOG Resources is an Equal Opportunity Employer including Veterans and Disabled.

Required Experience:

Senior IC

The Revenue Accountant is responsible for executing and maintaining the accuracy of all revenue-related accounting activities for companyoperated and nonoperated oil and gas properties. This role ensures the timely recording allocation reconciliation and reporting of hydrocarbon revenues in complian...
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Key Skills

  • Account Payable
  • Invoicing
  • Journal Entry
  • Data Entry
  • Accounting & Finance
  • Tax Returns
  • QuickBooks
  • General Ledger Accounting
  • Microsoft Excel
  • Reporting
  • Payroll
  • Financial statement
  • Account Receivable
  • ACCA
  • CPA

About Company

Company Logo

EOG Resources hogs a resource -- natural gas. The independent oil and gas company is engaged in exploring for natural gas (and crude oil) and developing, producing, and marketing those resources. In 2010 EOG, an independent offspring of the once powerful Enron, reported estimated prov ... View more

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