Supervisor, Revenue & Royalty Accounting

Posted 6 Days Ago
Be an Early Applicant
Houston, TX, USA
In-Office
Mid level
Energy
The Role
The Supervisor will manage pipeline revenue accounting processes, lead staff, oversee invoice creation, resolve disputes, and ensure timely financial reporting.
Summary Generated by Built In

Position Summary:

The Supervisor, Revenue & Royalty Accounting with WaterBridge Infrastructure will be responsible for all pipeline revenue for its Saltwater Disposal Operations in the Arkoma, Eagle Ford and Delaware Basins. This position will report to the Director, Revenue & Royalty Accounting and be responsible for creating pipeline invoices, monthly JIB process, and providing exceptional customer service. The Supervisor, Revenue & Royalty Accounting must have the ability to read and understand contracts to ensure billings and royalties are prepared accordingly. They must also be able to lead and manage other employees. Clear and efficient communication with customers, royalty owners and internal stakeholders is imperative to succeeding in this role.

Essential Duties and Responsibilities:

  • Ability to thoroughly understand customer contract specifications regarding rates, minimum volume commitments, and other nuances
  • Build monthly pipeline billing files based on customer contracts and associated monthly disposal volumes
  • Build monthly JIB billing files based on landowner agreement and associated monthly disposal volumes
  • Capable of overseeing pipeline invoice creation for multiple operating entities
  • Detailed tracking of distribution of invoices to customers based on customer invoice submission requirements
  • Work directly with internal stakeholders to quickly resolve customer disputes
  • Ability to book monthly revenue and royalty accruals and/or other journal entries related to revenue and royalty activity
  • Reconcile general ledger accounts to sub-ledger accounts
  • Meet monthly deadlines related to the internal accounting close calendar and timing of customer invoice submission per contracts
  • Lead and manage other employees in the department with aim of meeting monthly deadlines
  • Identify areas for process improvements
  • Assist with any special projects or assignments as required to clean up and ensure data integrity

Qualifications and Experience:

  • Accounting experience required
  • BA or BS degree preferred
  • Excellent written and verbal communication skills
  • Highly proficient in Excel
  • Resolve problems in a timely manner
  • Gather and analyze information skillfully
  • Detail-oriented with strong organizational skills
  • Ability to adapt to new assignments and deadlines in a fast-paced, highly demanding environment
  • Must be able to work independently and be self-motivated 
  • Ability to multi-task, prioritize and work with multiple internal stakeholders
  • Experience in the oil and gas industry preferred.

Working Conditions/Environment:

  • Operates in both a professional and/or business casual office environment.

Position Type:

  • This is a full-time position.

Position Location:

  • Houston, TX

Benefits:

At WaterBridge, our employee benefits include, but are not limited to, the following:

  • Medical, Dental, Vision, & Prescription Drug Coverage
  • Voluntary Life Insurance for Employee, Spouse, & Child(ren)
  • Employee Basic Life and AD&D Insurance – Company Paid
  • Short Term & Long Term Disability – Company Paid
  • 401(k) or Roth 401(k) Retirement Plan, plus a company match
  • Flexible Paid Time Off
  • And many other benefits not listed here

About Us

The WaterBridge group of companies is a fast-paced and growing organization. Our business lines include produced water handling and recycling, land management and environmental solutions. Our employees provide essential services to unlock sustainable American energy production every day, and we are continually seeking dedicated individuals who thrive on both creativity and challenge to be a part of our team. We pride ourselves for our strong commitment to our employees and for creating a workplace where employees feel genuinely valued and connected. Join our entrepreneurial and innovative team today!

WHO WE ARE

At WaterBridge, we believe that our people make the difference! We are committed to provide our employees with personal development and growth opportunities. We've been leading the emergence and evolution of the midstream water sector since 2015, backed by our strong core values and operational excellence. WaterBridge owns and operates permanent, integrated water infrastructure networks to address the long term produces water management requirements of E&P companies.

Our Mission:

To make WaterBridge the standard bearer for the water midstream industry.

Core Values:

SAFETY

  • Safety is important. We demand a personal commitment at all levels within the organization. Everyone has the right and responsibility to speak up and stop any unsafe work being performed.

TEAMWORK + COLLABORATION

  • We work with humility and courage to be a team player. We define success by contribution and not competition. We consider the impact we have on others before we act.

INTEGRITY + TRUST

  • We honor our commitments. We demonstrate a propensity to trust and act in the very best interest of all. We do not tolerate dishonesty or intimidation.

AUTHENTIC COMMUNICATION

  • We are honest and respectful. We genuinely listen to each other and encourage healthy debate. We do not spin the truth, have hidden agendas, or hide information.

ACCOUNTABILITY FOR RESULTS

  • We hold ourselves accountable and take responsibility for results, regardless of outcome. We learn from our mistakes, encourage feedback, and increase our capabilities. We do not overpromise or underdeliver.

ENTREPRENEURIAL INNOVATION

  • Everyone is a leader: we “think big” in everything we do and encourage new ideas. We strive for continuous improvement and encourage responsible risk taking. We do not play it safe due to complacency.

WaterBridge is an Equal Opportunity Employer.

Skills Required

  • Accounting experience
  • BA or BS degree
  • Excellent written and verbal communication skills
  • Highly proficient in Excel
  • Experience in the oil and gas industry
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The Company
Houston, Texas
232 Employees
Year Founded: 2015

What We Do

WaterBridge develops, owns and operates permanent, integrated water infrastructure networks to address the long-term produced water management requirements of E&P companies. Our water pipeline and disposal systems provide our customers with reliable and efficient gathering and disposal of produced water. Water management is a critical aspect of our customers’ oil and gas operations. As a result of the rapid growth in oil and gas production due to the widespread adoption of horizontal drilling, we believe large-scale, permanent water infrastructure networks are necessary to maintain current levels of oil and gas production in unconventional oil and gas basins

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