The Role
The Revenue Check Write Analyst processes monthly royalty payments, performs variance analysis, and manages owner payment inquiries while ensuring compliance with escheat processes.
Summary Generated by Built In
Responsible for running and monitoring the completion of check write and escheat processes.
Essential Job Responsibilities:
- Process monthly Royalty Payment process and performs variance analysis for the payments generated
- Review and research unusual owner payments.
- Apply refunded revenue to owner accounts.
- Utilize company ticketing system to appropriately track and complete tickets as assigned.
- Explains monthly owner payment fluctuations
- Perform Joint Interest Netting process, analyze payments and mail timely
- Work closely with AR Analyst to review payments going out to working interest owners
- Analyze large volumes of unclaimed property and run escheat process. This includes working with Division Orders and our 3rd party escheat vendor on compliance.
- Process monthly journal entries to reclass dates for Royalty Payment Processes
- Work with 3rd party escheat vendor on stale dated acquisition items to ensure they are escheated appropriately.
- Prepare monthly account reconciliations
- Research owner inquiries from owner relations, treasury and division orders.
- Prepares month’s cash forecast for Royalty Payment process
- Resolves outstanding issues related to accounting system integration
- Adheres to the company’s values – integrity, ownership, urgency, alignment, and innovation.
- Supports company vision and mission.
- Adheres to established work schedule, attendance standards and is punctual to work and meetings.
Other Job Responsibilities:
- Maintains employee confidence and protects company assets, including intellectual property, by keeping information confidential.
- Work with other departments to resolve owner issues
- Contributes to team effort by accomplishing related results as needed.
- Performs special projects that require knowledge of oil and gas revenue accounting.
- Other duties as assigned by management.
Qualifications:
- Two (2) years minimum experience in oil and gas revenue accounting.
- Ability to solve problems accurately and exhibit exceptional proficiency in data management, including spreadsheet proficiency.
- Ability to establish and maintain effective working relationships with employees, supervisors, other departments, officials, and the public.
- Ability to complete multiple, diverse tasks of differing priorities.
- Outstanding administrative and organizational skills.
- Excellent written and verbal communication skills, with specific ability to translate complex operational information into an organized and presentable manner.
- Proficiency in the use and application of the following software:
- Required: Microsoft Office (Excel, Word and Outlook).
- Preferred: Working knowledge of oil and gas accounting systems (Preferably SAP) and revenue terms.
Education Requirements:
- Bachelor’s Degree from an accredited four-year university or college with a business degree, or equivalent experience.
Skills Required
- Two years minimum experience in oil and gas revenue accounting.
- Proficiency in Microsoft Office including Excel, Word, and Outlook.
- Knowledge of oil and gas accounting systems, preferably SAP.
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The Company
What We Do
Hilcorp Energy Company was founded in 1989 with the vision of being the premier independent energy company in America. Today, it is now the largest privately owned oil and natural gas company in the country. Hilcorp is a company founded on the principles of innovation and entrepreneurism. Our Core Values of "integrity, urgency, ownership, alignment, and innovation" are central to everything we do and are fundamental to our culture.
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