Sr Revenue & Regulatory Accountant
Denver, CO - USA
Job Summary
Company Information
QB Energy is on a clear path to becoming one of the top natural gas producers in the country backed by Quantum Energy Partners one of the top private equity firms in energy with a 20-year drilling inventory and integrated upstream and midstream operations built to compete with the best gas projects in North America. We create long-term value through continuous improvement and bold innovation and were looking for entrepreneurial people who want to help build that future not just work in it.
Operating across roughly 400000 net acres in the Piceance Basin of Western Colorado were proving that aggressive growth and real environmental stewardship go hand in hand. Join a team that takes as much pride in how we build this company as in what we produce.
Job Summary
QB Energy Operating LLC is seeking a Senior Revenue/Regulatory Accountant to join our Revenue team. This roles primary responsibility will be accurate and timely ONRR Reporting balanced with booking the Companys certain oil and gas revenue and accruals. The ideal candidate brings a strong foundation in upstream oil and gas revenue processing exceptional attention to detail and the ability to manage multiple priorities in a fast-paced environment.
Essential Duties & Responsibilities
Upstream Revenue Accounting:
- Record oil and gas revenue accurately and on a timely basis ensuring reconciliation of cash receipts
- Book monthly accruals based on estimated volume and pricing data
ONRR Compliance & Regulatory Reporting:
- Assist with Office of Natural Resources Revenue (ONRR) reporting of Form 2014s ensuring accuracy and timely submission
- Support ONRR compliance reviews responding to data requests and coordinating with internal departments to provide required documentation
- Maintain organized records to facilitate audits and regulatory inquiries
General Accounting Support:
- Perform certain monthly close activities related to revenue including journal entry preparation account reconciliations and variance analysis
- As needed collaborate cross-functionally with Land Operations and Marketing teams to ensure accurate revenue data
- Identify and escalate revenue discrepancies or unusual variances in a timely manner
- Support process improvement and automation initiatives within the Revenue Accounting function
Qualifications
Required:
- Minimum 7 years of upstream revenue oil and gas accounting experience
- Minimum 5 years of ONRR 2014 preparation experience for natural gas with working knowledge of ONRR reporting requirements including Form 2014 submissions and experience supporting ONRR compliance reviews including lease- and agreement-level allocations royalty valuation adjustments and prior-period corrections
- Experience in BOLO or similar oil and gas accounting platforms
- Strong understanding of oil and gas revenue cycles and accrual methodology including hands-on month-end close experience with journal entry preparation account reconciliations and variance analysis
- Ability to work cross-functionally with Land Operations and Marketing and to research escalate and resolve revenue discrepancies independently
- Excellent attention to detail organizational skills and ability to meet tight deadlines
- Advanced proficiency in Microsoft Excel (pivot tables lookups large data sets) with demonstrated interest in process improvement and automation
Preferred:
- Associate degree in Accounting Finance or a related field or equivalent revenue accounting experience
Compensation
The base compensation for this role in this location is targeted between $105000 and $130000 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 a QB Energy employee youll receive a comprehensive benefits package including medical dental and vision coverage (lowest-tier medical premiums covered 100% for employees and dependents) company-paid life AD&D and long-term disability insurance a 401(k) with a 100% match up to 6% of compensation paid time off and holidays gym membership reimbursement an onsite gym cellphone reimbursement and paid parking or an RTD pass.
Additional Information
This posting does not list every duty or responsibility of the role and QB Energy may adjust responsibilities at any time. QB Energy is an equal-opportunity employer and does not discriminate based on race color religion national origin age sex marital status ancestry disability genetic information veteran status gender identity or expression sexual orientation or other legally protected status. Qualified applicants with criminal histories will be considered consistent with applicable law. Need an accommodation during the application process Contact .
We anticipate this post will close in 30 days
Required Experience:
Senior IC