Revenue Manager
Denver, CO - USA
Job Summary
Company Information
QB Energy is a Denver-based upstream natural gas company committed to delivering value through responsible acquisition development and production that benefits both shareholders and stakeholders by operating efficiently sustainably and with cutting-edge technology.
QB Energy operates in the Piceance Basin of Western Colorado currently operating about 400000 net acres. The company develops and operates upstream gathering compression processing and fractionation assets with a focus on safety environmental stewardship and community engagement. Initiatives such as zero-flaring methane emissions reduction water recycling and wildlife mitigation help minimize footprint while maximizing long-term value.
Job Summary
The Revenue Manager is responsible for ensuring accurate and timely recording and payment of monthly revenue and related processes for all QB assets while overseeing the revenue department and managing the work of the revenue accountants. The role also manages and implements acquisitions and sales.
Essential Duties & Responsibilities
- Manage Revenue Accountants including review and approval of revenue bookings and monthly accruals in accordance with monthly close deadlines
- Perform lookback analysis on monthly accruals to ensure accuracy of monthly reporting
- Implement revenue processes which accurately distribute revenue and correspond with the nuances of each asset area including collaboration with 3rd party marketing to understand gas purchase agreements and fee contracts
- Analyze data for accuracy problem solve and implement process improvements including standardized processes where possible
- Perform analysis on monthly revenue accrual vs. actual to seek process improvements and accrual accuracy
- Prepare account analysis and reconciliations for revenue related accounts monthly including the production receivable and gathering/transportation holding payable account
- Coordinate with 3rd party marketing over pricing and volume allocation issues
- Manage teams responses to royalty owners inquiries in a timely manner
- Research and resolve revenue accounting issues within accounting software (BOLO)
- Review Monthly production tax calculations for Colorado
- Assist with external audit specifically as it relates to revenue requests
- Integrate revenue processes around new asset acquisitions including integration into accounting software and manage any asset dispositions
- Work closely with Production Accounting to create and maintain revenue allocations
- Assist State and Local tax consultants with preparing the Colorado Severance Tax returns
- Complete special projects as assigned
Supervisor Duties
- Manage senior revenue accountants and revenue/regulatory supervisor
Qualifications
Education:
- Associates degree in accounting business or comparable field is required
- Bachelors degree in accounting business or comparable field is preferred
Experience:
- 5 years of experience in Revenue Accounting for Natural Gas is required
- 2 years of managerial experience is required
Skills & Abilities:
- Ability to communicate well with internal and external colleagues
- Demonstrate initiative and ownership of responsibilities
- Ability to manage time and meet deadlines is critical
Specialized knowledge:
- Proficient with MS Office with advanced proficiency in Excel
- BOLO software expertise is highly desirable
Licenses/ Certifications:
- CPA license is preferred not required
Compensation
The base compensation for this role in this location is targeted between $133000 and $169000 annually. Final offer amounts are determined by multiple factors including candidate experience and expertise and may vary from the range listed above.
Benefits and Perks
As an employee of QB Energy youll enjoy an impressive benefits package:
- Medical Plan: QB Energy offers multiple medical plans to choose from
o Lowest level plan premiums are covered at 100% for employees and dependents
- Dental Plan
- Vision Plan
- Long-term disability life insurance and AD&D covered by QB Energy
- 401k plan: QB Energy matches 100% of employee contributions up to the first 6% of compensation
- Paid Time Off
- Paid Holidays
- Gym membership reimbursement
- Paid parking or RTD pass
- Onsite gym
- Cellphone reimbursement
Work Conditions
Location:
This position is in Denver CO. Candidates currently residing in locations outside of daily commuting distance will be considered however it is the expectation that the selected individual will be available at the work location.
Work Environment:
This position operates in an office environment. This entails working inside an office space wherein employees may be provided a public workstation (cubicle) or private office. From time to time the role will require field visits where exposure to extreme weather conditions fumes airborne particles vibrations dust electrical charges and other unforeseen exposures may be encountered.
Physical Demands:
In the performance of the duties and responsibilities of this job the employee is required to have visual acuity to operate a motor vehicle and view a computer terminal for prolonged periods of time. While at work sites the employee will be expected to walk and stand. Individuals might be asked to climb balance stoop kneel crouch reach and/or crawl. Individuals might be required to lift carry push or pull up to 50 the performance of this position.
Position Type and Working Hours:
This is a full-time position. Core work hours are from 8:00 a.m. 5:00 p.m. Monday Thursday and 8:00am 12:00pm on Friday. Employees must be capable and willing to work overtime as required and to participate in occasional meetings events seminars conferences or other activities outside of typical work hours. Employees responsible for project operations are expected to monitor and in some cases respond to emails calls or texts outside of business hours.
Travel:
Occasional travel to work site locations may be expected. Overnight stays may be required from time to time for training seminars field visits or visits to onsite locations.
Additional Information
Disclaimer:
This job posting is not intended to contain a comprehensive listing of activities duties or responsibilities that are required of the employee. The Company reserves the right to change or assign additional duties responsibilities and activities at any time with or without notice.
Hiring Practices:
QB Energy is proud to be an equal-opportunity employer. We do not discriminate in hiring or any employment decision based on race color religion national origin age sex (including pregnancy childbirth or related medical conditions) marital status ancestry physical or mental disability genetic information veteran status gender identity or expression sexual orientation or other applicable legally protected characteristic. We consider qualified applicants with criminal histories consistent with applicable federal state and local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our application procedures. If you need assistance or an accommodation due to a disability you may contact HR Manager at .
We anticipate this post will close in 30 days
Required Experience:
Manager