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    Revenue Accountant - Magnolia, United States - Creative Financial Staffing

    Creative Financial Staffing
    Creative Financial Staffing Magnolia, United States

    3 weeks ago

    Creative Financial Staffing background
    Description

    Job Title: Revenue Accountant

    Revenue Accountant Job Summary: We are seeking a skilled Revenue Accountant to join our team. The ideal candidate will be responsible for accurately recording and analyzing revenue generated from oil and gas production activities. This role requires a meticulous attention to detail, strong analytical skills, and a comprehensive understanding of accounting principles specific to the oil and gas industry.

    Perks of the Revenue Accountant:

    • 9/80 Work Schedule
    • Generous PTO and paid Holidays
    • Competitive benefits plan
    • Growth and learning opportunities
    • Complimentary on-site gym

    Revenue Accountant Responsibilities:

    1. Revenue Transactions: Record revenue transactions accurately and in compliance with industry standards and regulations.
    2. Revenue Expenses: Record revenue-related expenses and ensure proper classification and allocation.
    3. Revenue Voids: Process revenue voids promptly and accurately, documenting reasons and ensuring appropriate approvals.
    4. Coding for Revenue Invoices: Prepare coding for revenue invoices to facilitate accurate tracking and reporting.
    5. Prior Period Adjustments: Record and reconcile prior period adjustments related to revenue transactions.
    6. Revenue Accruals: Prepare and maintain revenue accruals to ensure timely recognition of revenue and expenses.
    7. Monthly Financial Analysis: Conduct detailed monthly financial analysis of revenue streams, identifying trends, variances, and areas for improvement.
    8. Balance Sheet Reconciliations: Prepare reconciliations for revenue balance sheet accounts to ensure accuracy and integrity of financial data.
    9. Regulatory Reports: Prepare and file regulatory reports, including severance tax and governmental royalty filings, ensuring compliance with regulatory requirements.

    Revenue Accountant Qualifications:

    • Bachelor's degree in Accounting, Finance, or related field.
    • CPA certification preferred.
    • Minimum of 2 years of experience in revenue accounting within the oil and gas industry.
    • Comprehensive understanding of revenue recognition principles, specifically related to oil and gas production.
    • Proficiency in accounting software, such as BOLO
    • Strong analytical skills with the ability to interpret complex contracts and financial data.
    • Excellent communication skills, both verbal and written.

    #INMAY2024 #LI-PG1


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