The Role
Lead end-to-end monthly revenue accounting for upstream entities, manage revenue journal entries, oversee sales volume allocations, severance tax, royalties and distributions, maintain controls, support audits, supervise revenue accounting staff, and improve revenue accounting processes and systems.
Summary Generated by Built In
About Us:
The Caturus platform founded by Kimmeridge – an alternative asset manager focused on the energy sector – supports Kimmeridge’s overarching goal of providing low-cost energy on demand with the lowest carbon footprint.
Kimmeridge’s vision in creating Caturus is to build the only independent, fully integrated natural gas and LNG export platform in the U.S. through a combination of its upstream operations and via Commonwealth LNG, a 9.5 million tonnes per annum liquefied natural gas export terminal in southwestern Louisiana on the U.S. Gulf Coast. The combined entities are committed to delivering responsibly sourced, low-emission fuel to domestic and international markets.
Caturus is a Houston-based, private exploration and production company seeking to materially grow production through development of deep, high pressure, dry gas windows of the Eagle Ford and Austin Chalk, as well as Haynesville formations located in Texas and Louisiana while maintaining a relentless focus on safety.
Commonwealth LNG was founded by industry veterans who decided to re-engineer the LNG construction model. Using proven best practices, Commonwealth is committed to building a world-class LNG export facility while focusing on safety, managing risk and achieving best-in-class environmental standards.
The Caturus platform founded by Kimmeridge – an alternative asset manager focused on the energy sector – supports Kimmeridge’s overarching goal of providing low-cost energy on demand with the lowest carbon footprint.
Kimmeridge’s vision in creating Caturus is to build the only independent, fully integrated natural gas and LNG export platform in the U.S. through a combination of its upstream operations and via Commonwealth LNG, a 9.5 million tonnes per annum liquefied natural gas export terminal in southwestern Louisiana on the U.S. Gulf Coast. The combined entities are committed to delivering responsibly sourced, low-emission fuel to domestic and international markets.
Caturus is a Houston-based, private exploration and production company seeking to materially grow production through development of deep, high pressure, dry gas windows of the Eagle Ford and Austin Chalk, as well as Haynesville formations located in Texas and Louisiana while maintaining a relentless focus on safety.
Commonwealth LNG was founded by industry veterans who decided to re-engineer the LNG construction model. Using proven best practices, Commonwealth is committed to building a world-class LNG export facility while focusing on safety, managing risk and achieving best-in-class environmental standards.
Job Description
Caturus Energy, LLC is seeking an experienced Manager, Revenue Accounting to lead monthly revenue accounting and reporting for the upstream (E&P) business unit. This individual will be responsible for the accounting of three-stream production and sales volumes, severance tax, and royalty and working interest distributions, and will supervise the preparation of revenue-related accruals into accurate, audit-ready financial results. The role partners closely with Land, Division Order, Treasury, Tax, and Financial Reporting to ensure revenue recognition reflects the economics of upstream operations. The individual will supervise revenue accounting staff and will report to the Assistant Controller in the Caturus corporate headquarters in Houston, TX.
Key Accountabilities:
Key Accountabilities:
- Own end-to-end monthly revenue accounting and reporting for upstream entities, including review and approval of revenue journal entries for monthly, quarterly, and year-end close
- Direct analysis and review of sales volumes and monthly volume allocations, coordinating with Land and Marketing to resolve discrepancies o Prepare price, volume, value variance analysis
- Oversee accounting for severance tax, lease use, and royalty price adjustments
- Direct generation of periodic revenue statements for owners; partner with the Treasury function to ensure timely issuance of royalty and working interest distributions
- Coordinate with the Land team and other members of management to address issues affecting royalty and working interest distributions
- Oversee processing of revenue reverse and re-book accounting entries and prior period adjustments
- Responsible for key internal controls over financial reporting relevant to the revenue close cycle, including:
- Perform preparer/reviewer-level review of revenue journal entries and account reconciliations, ensuring supporting documentation is complete and reconciling items are resolved within established thresholds
- Ensure monthly revenue close and governmental reporting/payment deadlines are met, including severance tax, Texas General Land Office, and federal withholding filings
- Maintain and evidence controls over revenue accruals, including preparer review of calculation inputs and roll-forward tie-outs to the sub-ledger
- Support internal control documentation and testing efforts, including timely preparation of audit support schedules for internal and external audits
- Manage revenue audits, including providing responses to audit exceptions
- Assist in filing and payment of severance tax, Texas General Land Office, and federal withholding obligations
- Collaborate with external consultants on severance tax matters and tax recovery projects
- Supervise and develop revenue accounting staff; review work product for quality, accuracy, and timeliness
- Improve revenue accounting policies, procedures, and processes, including ERP/system enhancements
- Collaborate with other members of management on preparation of 1099 statements to royalty owners
- Execute special projects and ad hoc analyses assigned by management, including support for acquisitions (lead set-up and integration efforts), divestitures, and structured finance transactions o Assist Owner Relations personnel with owner-related queries
Qualifications:
Education, Certificates, and Licenses:
Education, Certificates, and Licenses:
- Bachelor's degree in Accounting required
- CPA license, or active pursuit of CPA license, preferred
Experience:
- 8+ years of upstream oil & gas revenue accounting experience required
- 4+ supervisory or manager experience required
- Strong working knowledge of division order and joint interest billing concepts as they affect revenue distributions
- Experience with an upstream-capable ERP/revenue system (e.g. SAP) highly desired
Knowledge, Skills, and Abilities:
- Strong data management skills; ability to format, model, and analyze large revenue and production data sets ·
- High degree of ownership and integrity in all work products Able to format, model, and analyze large, multi-entity data sets Proficient in Microsoft Excel, Word, and Outlook; comfortable working with large ledgers and reconciliation workbooks
- Able to work with sensitive information and maintain confidentiality Excellent communication skills, both written and verbal
- Demonstrates attention to detail
- Comfortable owning ambiguous or judgment-driven areas (e.g., cost allocation, accrual estimates) and escalating appropriately
- Proven ability to perform under pressure and adapt to shifting close deadlines, audit timing, and business needs
About
The Caturus platform founded by Kimmeridge – an alternative asset manager focused on the energy sector – supports Kimmeridge’s overarching goal of providing low-cost energy on demand with the lowest carbon footprint.Kimmeridge’s vision in creating Caturus is to build the only independent, fully integrated natural gas and LNG export platform in the U.S. through a combination of its upstream operations and via Commonwealth LNG, a 9.5 million tonnes per annum liquefied natural gas export terminal in southwestern Louisiana on the U.S. Gulf Coast. The combined entities are committed to delivering responsibly sourced, low-emission fuel to domestic and international markets.Caturus is a Houston-based, private exploration and production company seeking to materially grow production through development of deep, high pressure, dry gas windows of the Eagle Ford and Austin Chalk, as well as Haynesville formations located in Texas and Louisiana while maintaining a relentless focus on safety.Commonwealth LNG was founded by industry veterans who decided to re-engineer the LNG construction model. Using proven best practices, Commonwealth is committed to building a world-class LNG export facility while focusing on safety, managing risk and achieving best-in-class environmental standards.
Skills Required
- Bachelor's degree in Accounting
- CPA license or active pursuit of CPA license
- 8+ years of upstream oil & gas revenue accounting experience
- 4+ years supervisory or manager experience
- Strong working knowledge of division order and joint interest billing concepts
- Experience with an upstream-capable ERP/revenue system (e.g., SAP)
- Strong data management skills; ability to format, model, and analyze large revenue and production data sets
- Proficient in Microsoft Excel, Word, and Outlook
- Ability to work with sensitive information and maintain confidentiality
- Excellent written and verbal communication skills
- Demonstrated attention to detail
- Comfortable making judgment-driven decisions (cost allocation, accrual estimates) and escalating appropriately
- Proven ability to perform under pressure and adapt to shifting close deadlines and audit timing
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The Company
What We Do
Caturus is an integrated natural gas and LNG company based in Houston, Texas. It operates through a 'wellhead-to-water' strategy, combining upstream natural gas production in Texas with downstream LNG export capabilities via its Commonwealth LNG terminal in Louisiana. The company focuses on delivering responsibly sourced, low-emission energy to domestic and international markets, aiming to provide low-cost energy on demand with a minimal carbon footprint.
