What are the responsibilities and job description for the Allocations Analyst position at ClearpointCo?
TITLE: Allocation Analyst
CLIENT: Oil and Gas
LOCATION: Midland, TX
TYPE: W2 Contract (6-month with possible extension)
SALARY: DOE
URGENCY: Reviewing Resumes Now
SUMMARY:
Our client in the Oil & Gas sector is looking for an Allocations Analyst with expertise in the Avocet production tool. They will collaborate with Revenue Accounting to ensure correct allocations and with the GHG team to accurately capture and report greenhouse gas emissions data. This role involves being part of a multidisciplinary team that emphasizes collaboration in production, data management, and process enhancements. Additionally, the Analyst is responsible for communicating production results to all stakeholders and will coordinate closely with field personnel.
DUTIES:
CLIENT: Oil and Gas
LOCATION: Midland, TX
TYPE: W2 Contract (6-month with possible extension)
SALARY: DOE
URGENCY: Reviewing Resumes Now
SUMMARY:
Our client in the Oil & Gas sector is looking for an Allocations Analyst with expertise in the Avocet production tool. They will collaborate with Revenue Accounting to ensure correct allocations and with the GHG team to accurately capture and report greenhouse gas emissions data. This role involves being part of a multidisciplinary team that emphasizes collaboration in production, data management, and process enhancements. Additionally, the Analyst is responsible for communicating production results to all stakeholders and will coordinate closely with field personnel.
DUTIES:
- Reviews, correct, and document daily and monthly volume distributions.
- Ensure timely and accurate accruals and final volume reports for revenue accounting.
- Establish new wells and set up production measurement equipment in Avocet.
- Cultivate and maintain relationships with field operators, foremen, and superintendents regarding Avocet and Field Operator data input.
- Assist the team in reconciling volume discrepancies among allocated volumes, estimated daily outputs, and purchaser statements through Avocet and Spotfire.
- Prepare and submit production reports to state and federal agencies.
- Input and reconcile crude oil and water tickets with third-party statements.
- Process Purchase Price Allocations (PPAs) as needed.
- Possess a solid understanding of field equipment and process workflows.
- Compile partner reports for monthly submissions.
- Participate in system upgrades and testing activities.
- 3 years of experience in Oil and Gas production accounting and regulatory reporting.
- Thorough knowledge of production accounting practices, including allocation methods and reconciliation processes.
- In-depth understanding of field data collection and workflows.
- Proven ability to manage multiple priorities and deliver on deadlines effectively.
- Required proficiency in Avocet or Spotfire and Excel.
- Strong analytical skills for data interpretation and drawing independent conclusions.
- Excellent communication skills, both verbal and written, along with exceptional organizational abilities.
- Associate’s Degree in Mathematics, Computer Science, Energy Technology, Business/Finance, or a related field is required.
