Our client is a rapidly growing privately held oil and gas company specializing in the identification, acquisition, and development of oil and gas properties. It is led by an exceptional and experienced team, with a proven track record of success in the industry.ย
Our client offers:
- An extremely competitive compensation package including:
- Base
- Bonus (15-25%)
- Amazing 401k plan
- 4-day work week (every Friday off)
- Great Houston location
Our client is seeking a highly skilled Senior Revenue Accountant with experience in New Mexico operated and non-operated properties to join the team. This role is responsible for ensuring accurate revenue recognition, compliance with regulatory requirements, and efficient management of revenue processes for both operated and non-operated assets. The ideal candidate has a strong background in oil & gas revenue accounting, with specific expertise in New Mexico state regulations, tax structures, and reporting requirements.
Key Responsibilities:
- Revenue Accounting & Reporting:
- Accurately record and reconcile revenue from operated and non-operated New Mexico-based properties.
- Ensure compliance with New Mexico Oil & Gas Severance Taxes, Royalty Reporting (ONRR/BLM), Gross Receipts Tax (GRT), or property-specific tax structures.
- Analyze revenue variances and trends to support financial planning.
- Prepare and review monthly, quarterly, and annual revenue reports.
- Work closely with joint interest partners and operators to verify revenue distributions and allocations.
- Regulatory Compliance & Audit Support:
- Maintain compliance with state, federal, and industry regulations related to revenue recognition for both operated and non-operated properties.
- Support internal and external audits, including state audits of New Mexico revenue streams.
- Ensure accurate reporting and reconciliation of joint interest billing (JIB) revenue for non-operated assets.
- Stay updated on changes in New Mexico tax laws, royalty structures, and lease agreements.
- Revenue Process Optimization:
- Identify opportunities to improve revenue accounting processes and systems for both operated and non-operated assets.
- Collaborate with cross-functional teams, including land, operations, and joint venture accounting, to enhance reporting accuracy and efficiency.
- Implement automation tools and best practices to streamline revenue workflows.
Qualifications & Experience:
- Bachelorโs degree in Accounting, Finance, or related field
- 5+ years of oil & gas accounting experience, with a focus onย non-operated properties, JIBs, and revenue accounting.
- Strong understanding ofย joint interest billing, revenue distributions, and AFE management.
- Experience withย ODA and/or DocViewย for invoice and document processing (preferred).
- Proficiency inย oil & gas accounting systems (SAP, BOLO, OGSYS, or similar).
- Advancedย Excel skills (Pivot Tables, VLOOKUP, Data Analysis).
- Excellentย analytical, problem-solving, and communication skills.
- Strong knowledge of New Mexico tax laws, royalty reporting, joint interest revenue, and industry-specific regulations.
- Excellent analytical, problem-solving, and communication skills.
If you have the expertise in New Mexico revenue accounting for operated and non-operated properties and are ready to take on a senior role, weโd love to hear from you!