What are the responsibilities and job description for the Oil and Gas Revenue Regulatory Accountant position at EAG Services?
About EAG:
EAG is a dynamic and growing Consulting, IT Outsourcing, and Back Office Outsourcing firm focused on driving customer success. As an EAG team member, you will leverage your customer service and oil and gas industry experience, while driving continuous value both for your clients and EAG.
Gain the satisfaction of knowing that you are creating an immediate and positive impact for your customers daily by joining the talented and driven team of professionals at EAG! Headquartered in Houston, TX, we focus on serving the upstream and midstream energy markets. Our mission is to deliver cost-effective business solutions to the oil and gas industry while providing a challenging and fulfilling experience to employees. We seek individuals who enjoy expanding their knowledge of the oil and gas industry and related technologies while working as part of a team delivering complex client engagements.
EAG is starting the search for a Oil & Gas - Revenue Regulatory Accountant to join our Business Processing team.
The Oil & Gas - Revenue Regulatory Accountant will showcase appropriate analytical, problem-solving and decision-making skills to fulfill the responsibilities outlined below and generate quality results.
Strong time management, written and verbal communication skills, including the ability to communicate with individuals at all levels of the organization, are essential along with the ability to work as part of a team. All members of the EAG team are expected to actively participate in our team environment, communicate with our customers in a professional and service-oriented manner, and identify process improvement and optimization opportunities. As EAG continues to grow, members must be able to handle changing priorities, new challenges, and multi-tasking.
Key Responsibilities
- Meet with clients and/or taxing authorities, prepare correspondence, complete data reconciliation, prepare analysis, and filings.
- Preparation, analysis & Technical support of severance tax returns with attention to detail.
- Processing Prior Period Adjustments and filing amended returns.
- Proficient use of state and governmental databases.
- Communicate and interacts with external contacts at Regulatory & Taxing Authorities.
- Research and analyzes state severance tax issues and communicates to management and clients.
- Implement efficiencies to streamline and ensure accurate account reconciliations and Journal Entries.
- Understand and adhere to establish internal controls as well as identify opportunities for improvement.
- Perform and Adhere to SOX and SOC Controls.
- Must demonstrate a high level of personal motivation to work independently and as part of a team demonstrating organizational skills with a willingness to take on significant responsibilities and a proven ability to multi-task and meet deadlines.
- Flexibility to grow and change with company needs.
Employment Type:
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Full Time.
Work Site:
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Hybrid, Onsite 3 days/week.
Experience, and Educational Requirements (Minimum Qualifications):
- Minimum 5 years experience in oil and gas industry.
- Minimum 3-5 years of recent tax processed, concepts, calculations, reporting and payment obligations of GLO, ONRR, and Ute Indian Tribe regulatory obligations while keeping abreast of regulatory changes.
- Strong knowledge of the development, planning & execution of regulatory tax refund claims.
- Expert knowledge of Microsoft Word, Excel, PowerPoint and Outlook.
- Experience with one or more of the following systems: OGSys, W Energy, Enertia, & Bolo.
- Bachelors degree in Accounting is preferred.
Physical Requirements & Working Conditions:
- Sitting/Standing/Flexibility: Ability to sit or stand for extended periods (8 hours or more) in an office environment.
- Communication Skills (Speech/Reading): Proficiency in speaking, reading, and writing in English. Ability to understand and deliver instructions in multiple formats, including written and verbal.
- Lifting Requirements: Ability to lift and move items weighing up to 10 pounds as needed.
- Vision/Hearing Abilities: Capability to interpret a range of instructions presented in various formats (written, verbal, diagram, or schedule).
Other Requirements:
- Entrepreneurial spirit and self-motivated.
- Ability to manage multiple responsibilities and deadlines effectively.
- Comfortable with shifting priorities and able to work in a fast-paced, evolving environment.
- Aptitude to learn new technology, products, and concepts.
- Must be based in Houston, Texas.
- Must be eligible to work for ANY employer in the United States (H1B sponsorship not available at this time ).
Work Environment:
At EAG, collaboration and teamwork are core values. We look for candidates who actively support and uplift colleagues and contribute positively to our culture. We are seeking a proactive individual with an entrepreneurial spirit, strong analytical capabilities, and a dedication to driving value for clients in the energy sector. If you thrive in a dynamic, team-oriented environment, and enjoy applying your skills in an impactful way, we encourage you to apply.
EAG values a diverse workforce and is dedicated to fostering an inclusive environment where all team members are respected and supported.