What are the responsibilities and job description for the Senior Production Accountant position at W&T Offshore, Inc.?
TITLE: Senior Production Accountant
ABOUT THE COMPANY: W&T Offshore, Inc. (NYSE: WTI) is a thriving, independent oil and natural gas producer operating in the Gulf of Mexico, the second-largest producing basin in the U.S. for nearly four decades.
ABOUT OUR EMPLOYEES: We have built a team of talented and collaborative individuals who are committed to cultivating a culture of integrity, honesty, trust, respect, and communication. Our mission is to attract and retain like-minded team members who will grow and prosper within our W&T community.
W&T offers a competitive total rewards program designed to provide competitive pay, health and financial benefits, and work-life balance.
WORKING LOCATION: Houston Office - 5718 WESTHEIMER RD 77057
FULL-TIME/PART-TIME: Full-Time
SCHEDULE: M-T, 9 hours (in-office)/F, 4 hours (remote)
FLSA STATUS: Salaried - Exempt
POSITION SUMMARY: The Senior Production Accountant's primary responsibilities revolve around allocating Company operated production using the ProCount production program. W & T uses ProCount to allocate oil, gas and water production to each completion as described in the Commingling Application approved by the Bureau of Ocean Energy Management as well as other state agencies. This information is then fed into the RIO reserve system and, ultimately, into the Aries database.
PRIMARY RESPONSIBILITIES:
- Allocate oil and gas sales by owner for each W&T operated field and supply to marketing and revenue groups and assure compliance with the commingling agreement and production handling agreements
- Review allocated oil and gas sales at each platform
- Review the downstream distribution and allocation of volumes to each of the individual platforms and/or metering points
- Assist operations in setting up the measurement initiatives and assure accuracy of the data received by the production accounting group
- Prepare monthly reports to the Office of Natural Resources-Revenue (OGORs)
- Respond to regulatory agencies' questions concerning production volumes and timing
- Monitor accuracy of data input by field locations
- Prepare and distribute daily management production report
- Resolve data discrepancies
- Analyze and present proposals for improvements in data flow
- Book oil volumes for Revenue Accounting
- Additional special projects as assigned
KNOWLEDGE, EDUCATION & EXPERIENCE:
- A minimum of 5 years of oil and gas production accounting experience preferred.
- Ability to work independently with minimum supervision and handle multiple tasks simultaneously
- Flexible with changing priorities, demands of the role, and working with a diverse group of team members and leadership
- Expertise with production allocation programs, such as ProCount, is desired
- Basic level knowledge of revenue accounting programs, such as BOLO
- Strong analytical, math and communication skills
- Proficiency in MS Word and Excel are required
- Familiarity and understanding of Revenue Accounting
ESSENTIAL FUNCTIONS:
Successful job applicants will be able to perform these functions. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.
- Report to the Corporate Office daily and adhere to schedule
- Ability to access, input, and retrieve information from a computer and/or electronic device
- Ability to have face-to-face conversations with stakeholders, peers and executive management
- Ability to sit or stand for long periods of time and move around work environment as needed
- Comply with company policies and procedures
PHYSICAL REQUIREMENTS:
- Requires prolonged sitting, some bending and stooping
- Occasional lifting, up to 10 lbs.
- Manual dexterity sufficient to operate a computer keyboard and calculator
This description is intended to describe the type of work being performed by a person assigned to this position. It is not an exhaustive list of all duties and responsibilities required by the employee. W&T Offshore is an Equal Opportunity Employer and is committed to the principles of equal employment opportunity for all employees and applicants for employment.
W&T Offshore Inc. offers competitive total rewards including health & welfare benefits, 401k match, competitive pay and an annual bonus program (STI).
W&T Offshore does not offer sponsorship of employment-based nonimmigrant visa petitions for this role.
