- Performs allocation of production and sales volumes and process associated revenue.
- Prepares, reviews, and submits monthly regulatory agency reports (EIA, State, Federal, and UTE Tribe) within designated deadlines.
- Contributes to various aspects of the month-end closing process.
- Manages changes to ERP modules based on operational requirements.
- Provide support and expertise to the operations team in relation to production allocations.
- Conducts thorough reconciliation of General Ledger accounts.
- Executes controls as specified in the risk control matrix.
- Collaborates in internal and external audit processes.
- Complies with all the Company's Safety and Environmental policies, practices, and programs. Takes corrective action within training limitations. Escalates as necessary.
- Participates in and adheres to all training programs designed to enhance HSE knowledge, safety standards, and job performance.
- Performs other duties as assigned.
- High School Diploma or G.E.D equivalent required.
- Bachelor's Degree in Accounting or Finance required.
- 3+ years of previous accounting experience
- 1-2 years of experience in the Oil and Gas industry
- Written and oral communication skills.
- Ability to pay attention to detail and ability to meet deadlines.
- Ability to prioritize and multitask.
- Knowledge of oil and gas accounting.
- Problem-solving skills to identify and resolve issues related to production allocations and revenue accounting.
- Ability to work collaboratively in a team environment and communicate effectively with cross-functional stakeholders.
- Proficient in using accounting software or ERP systems for production and revenue accounting.
- Knowledge of accounting principles and concepts.
- Advanced knowledge of production and revenue accounting principles and concepts.
- Advanced analytical skills for problem-solving within a moderate scope and complexity.
- Knowledge of regulatory requirements and compliance related to production and revenue reporting.
- Proficient in conducting financial analysis and interpreting financial data.
- Proficient in Microsoft Office, particularly Excel.
- Basic knowledge of internal control processes and procedures to ensure data integrity and accuracy.
- Ability to adapt to changes in assignments and responsibilities.
- Basic knowledge of information system functionality related to areas of responsibility.
- Experience using software such as P2-Oracle, Oildex, EnergyLink, and SharePoint.
- Ability to interpret complex oil and gas contracts to ensure accurate production volumetric calculations.
- Knowledge of data visualization tools to effectively present financial information.
- Knowledge of production operations and the factors influencing production volumes.
- Basic knowledge of revenue forecasting methodologies and techniques.
- Experience with process improvement initiatives, such as implementing automation or streamlining workflows.
- Primarily office work environment.
- Routine work involves common office activities during a typical 9-hour day such as standing, sitting, walking, typing, and twisting as necessary.
- May be required to occasionally lift to 25 pounds.
- Must follow all company safety policies, including when visiting field locations.
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Production Revenue Regulatory Accountant - Bakersfield, United States - Berry Inc
Description
The Production Revenue Regulatory Accountant is responsible for the accurate monthly volumetric allocations and application of oil, gas and NGL prices to ensure precise reporting of company revenues. To be successful, this position will also exhibit Berry's core values of Stronger Together, Own it, Breed Excellence, Do the Right Thing and Responsible.Key Accountabilities
Critical:
The pay range for this position in California is between $70,720-$97,240 annually based on a full-time schedule.Please note that the annual salary information is a general guideline, and that annual salary will vary depending on your location and that Berry Corporation ("Berry") will consider factors such as (but not limited to) scope of responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as market and business considers when extending an offer.This position is eligible for short-term cash incentive bonus and long-term incentive awarded in restricted share units, excellent benefits including full health benefits, 401(k) with company match and immediate vesting, tuition reimbursement, 9/80 flex schedules, and generous paid time off.
Equal Employment Opportunity Statement
Berry Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws and will not be discriminated against on the basis of disability.
LINK to Equal Employment Opportunity Posters:
Reasonable Accommodation Notice
If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact Human Resources at or
Pay Transparency Notice
Berry Corporation ("Berry") will not discharge or in any other manner discriminate against an applicant or employee because they have inquired about or discussed compensation.
Notice to Third Party Agencies
Please note that Berry Corporation ("Berry") does not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Agreement, Berry will not consider or agree to payment of any referral compensation or recruiter fee. In the event a recruiter or agency submits a resume or candidate without a previously signed agreement, Berry explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes, including those submitted to hiring managers, will not be reviewed or considered in part of the application process.
This job description is not intended to be an all-inclusive list of duties nor account for all abilities required to perform the job. It is a general description of the nature of the position.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR c)