What are the responsibilities and job description for the Sr. Revenue Accountant position at Richmark Mineral Resources Inc.?
A Little About Us:
Mineral Resources, Inc. is a family-owned oil and gas company based in Greeley, Colorado since 1981. Currently, we have non-operated assets in the DJ, Scoop/Stack, Anadarko, and Permian basins. We are growing through acquisition of high-quality rock and would operate again for the right opportunity. We are entrepreneurial, growth-oriented, and dedicated to execution of quality projects. We build long-lasting business relationships from respectful communication and integrity in our commitments.
About Your Role:
The Revenue Accountant is a full-time, on-site role in Greely, CO. This individual is responsible for managing and overseeing revenue accounting processes for non-operated assets. This role focuses on ensuring accurate revenue recognition, timely reporting, and compliance with industry standards and regulations. The ideal candidate will have a strong background in oil and gas accounting, possess excellent analytical skills, and thrive in a fast-paced, collaborative environment.
Compensation: $75,000.00 to $110,000.00 (Depending on experience)
Essential Duties and Major Responsibilities:
- Ensure accurate and timely recognition of revenue from non-operated interests (e.g., overriding royalties, royalties, and working interests).
- Prepare and review monthly revenue accruals, journal entries, and reconciliations.
- Analyze revenue data and variances, providing insights and recommending improvements.
- Ensure compliance with industry regulations, company policies, and accounting standards (e.g., GAAP, IFRS).
- Assist with internal and external audits by providing necessary documentation and explanations.
- Maintain and update revenue accounting systems and databases.
- Perform detailed analyses of revenue trends, identifying key drivers and potential issues.
- Collaborate with other departments to gather and validate data for revenue reporting.
- Identify and implement process improvements to enhance efficiency and accuracy in revenue accounting.
- Develop and maintain standard operating procedures (SOPs) for revenue accounting tasks.
- Participate in special projects related to revenue accounting, financial analysis, and system enhancements.
- Provide ad hoc financial reports and analyses as required by management.
- Perform other duties as assigned.
Education:
- Bachelor’s degree in accounting, finance or related field is preferred.
- CPA or equivalent certification preferred.
Type of Experience Needed to be Successful:
- 7 years of experience in revenue accounting in the oil and gas industry is required.
- Previous revenue experience with multi-state sites is highly preferred.
Specialized Skills:
- Strong knowledge of revenue recognition principles and industry-specific accounting practices.
- Proficiency in accounting software (Excalibur preferred) and Microsoft Office Suite, particularly Excel.
- Excellent analytical, organizational, and communication skills.
- Ability to work independently and as part of a team in a dynamic environment.
- Attention to detail and a commitment to accuracy.
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Salary : $75,000 - $110,000