Petro-Hunt, L.L.C, a Dallas, Texas mid-sized independent Oil and Gas Exploration Company, is seeking an Assistant Revenue Accounting Manager for its Uptown Dallas office.
Petro-Hunt, L.L.C. is a privately held independent oil and gas company headquartered in Dallas, Texas. Owned and operated by the William Herbert Hunt family, Petro-Hunt and its affiliates are actively engage in various industries with a primary focus in the oil and gas industry.
Our company traces its roots to the 1920s, when the legendary H.L. Hunt entered the oil and gas business in El Dorado, Arkansas, and later played an active role in developing the East Texas Oil Field from the drill test of the Daisy Bradford #3.
Today, Petro-Hunt is a Top 10 Private Liquids Producer in the U.S. with operations in six states. We are more than just an oil and gas company - Petro-Hunt actively purchases minerals and royalties, owns and operates a gas processing facility, is part owner of an oil refinery, actively invests in real estate development, and operates a private equity alternative investment division.
- Review, compile and record operated property revenues primarily for properties in North Dakota and Montana.
- Work with Land Administration to adjust revenue decks and make prior period adjustments for changes in ownership.
- Preparation, processing, and payment of the following state severance taxes:
- Monthly North Dakota Oil Severance tax return (T-12)
- Monthly North Dakota Gas Severance tax return (T-13)
- Quarterly Montana Oil and Gas production tax return
- Reconcile all severance taxes payable accounts for oil and gas properties in North Dakota and Montana.
- Reconcile all revenue accounts receivables for oil and gas purchasers for properties in North Dakota and Montana.
A Revenue Supervisor/Manager would also have the following responsibilities:
- Help Revenue Accountants with Quorum errors and issues
- Oversee Revenue Accountants’ responsibilities to ensure all responsibilities are handled correctly and on a timely basis
- Respond to owner inquiries (or delegate to Revenue Accountants)
- Close Accounting Month and Roll to next Accounting Month (around the 25th of the month)
- Run Check Writes for all three operated companies (last week of month)
- Work with EnergyLink/Enverus to send Revenue Statements to royalty owners
- File Monthly ONRR Form 2014’s
- File Monthly OGOR reports
- Distribute mail to all departments (Revenue, Land, A/P, JIB, Tax, Treasury)
- File Annual Escheat reports for each State
- Respond to ONRR Audits, Compliance Reviews, Preliminary Determinations, Orders to Report
- Respond to State Tax and State Royalty Audits
- Redistribute workloads among Revenue Accountants as needed
- Approve PTO and approve timecards for Revenue Accountants
- Work with other departments (General Accounting, Land, JIB, Tax, Treasury) to resolve issues as they come up
- Approve Invoices from A/P Department that are related to Revenue
- BA or BS Degree in Accounting
- 3-5 years’ experience
- COPAS Accounting procedure knowledge
- EnergyLink experience.
- Advanced knowledge of Excel including working with pivot tables and VLOOKUP
- Fast paced, well-funded, aggressive work environment in a stable, private company
- Competitive salary
- Highly competitive benefit programs
- 8% 401K match
- Lunch provided Monday-Thursday
- Parking provided