ABOUT THE COMPANY: W&T Offshore (NYSE: WTI) is an independent oil and natural gas producer with a proud legacy of acquisition, exploration, and development in the Gulf of America since 1983. We foster a collaborative and supportive workplace culture, offer a well-rounded employee experience, and maintain a diverse portfolio of assets.
Our comprehensive total rewards program is designed to offer competitive compensation, robust health and financial benefits, and support for personal well-being.
W&T Offshore is currently seeking an experienced Revenue Accountant. This direct-hire opportunity is ideal for professionals looking to join a well-established upstream oil and gas company with over 40 years of leadership in the Gulf of America.
WORKING LOCATION: Houston Office - 5718 WESTHEIMER RD, HOUSTON TX, 77057
FULL-TIME/PART-TIME: Full-Time
SCHEDULE: M-T, 9 hours (in-office)/F, 4 hours (remote)
FLSA STATUS: Salaried, Exempt
POSITION SUMMARY: The Revenue Accountant records oil, gas, and NGL’s revenue in a timely and accurate manner to ensure correct receivables and payment obligations and reporting to governmental agencies and all WI and ORRI owners. Reconciles all GL accounts related to revenue bookings. Position will be filled at a level commensurate with experience.
PRIMARY RESPONSIBILITIES:
•Ensures the timely and accurate calculation and recording of gains or losses as they relate to pipeline cash outs
•Responsible for payment and recording cash out invoices and transportation invoices
•Validate production data; verification of pricing
•Analyze sales volume determinations, meter volume data
•Support Regulatory and ONRR reporting requirements and inquiries as needed
•Prepare assigned account reconciliations (revenue, royalty, expenses, and receivables)
•Analyze and resolve outstanding account balances
•Prepare revenue-related journal entries
•Assist in internal / external audits and take part in special projects as necessary
•Follow all internal audit/SOX controls established for revenue accounting
•Additional duties as assigned, including potential simultaneous multiple projects
KNOWLEDGE, EDUCATION & EXPERIENCE:
•Bachelor Degree in Accounting, Finance, or Business
•Minimum two (2) years of oil and gas offshore/onshore revenue accounting experience required
•Minimum four (4) years of general accounting experience
•Working knowledge of documentation tools and repositories to develop templates, manipulate output styles, tag and manage technical content required
•Position requires sound analytical ability. Ability to gather and communicate data logically, accurately, and concisely
•Must be able to meet rigorous deadlines and work/communicate effectively with others
•Must be able to perform most assignments with minimal supervision
•Must be proficient with MS Excel
•Ability to perform successfully in a fast-paced, rapidly changing environment required
•Demonstrated problem-solving skills and focus on quality; excellent organizational abilities required
•A can-do and open-minded attitude to resolving problems and delivering results required
ESSENTIAL FUNCTIONS:
Successful job applicants will be able to perform these functions. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.
•Report to the Corporate Office daily and adhere to schedule
•Ability to access, input, and retrieve information from a computer and/or electronic device
•Ability to have face to face conversations with stakeholders, peers and management
•Ability to sit or stand for long periods of time and move around work environment as needed
•Comply with company policies and procedure
WORKING CONDITIONS &PHYSICAL REQUIREMENTS:
•Requires prolonged sitting, some bending and stooping
•Occasional lifting up to 10 pounds.
•Manual dexterity sufficient to operate a computer keyboard and calculator
This description is intended to describe the type of work being performed by a person assigned to this position. It is not an exhaustive list of all duties and responsibilities required by the employee. W&T Offshore is an Equal Opportunity Employer and is committed to the principles of equal employment opportunity for all employees and applicants for employment.
W&T Offshore Inc. offers competitive total rewards including health & welfare benefits, 401k match, competitive pay and an annual bonus program (STI).
W&T Offshore does not offer sponsorship of employment-based nonimmigrant visa petitions for this role.
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