Revenue Accounting Manager (Upstream Exp Reqd)

Lake Highlands Consulting; United States; Hybrid; USD 120,000 - 180,000; Full time

Job summary

Lake Highlands Consulting seeks a Revenue Accounting Manager to lead the revenue accounting for our oil and gas operations. You will oversee timely revenue reporting, support month-end close, and guide process improvements while serving as a technical resource to the accounting team and cross-functional partners.

The ideal candidate has deep upstream revenue accounting experience, strong leadership, and a track record of managing acquisitions onboarding, data validation, and system enhancements

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• 7+ years of progressive oil and gas accounting experience, with significant revenue accounting experience.
• Previous supervisory or management experience.
• Strong knowledge of upstream oil and gas revenue accounting for operated and non-operated properties.
• Experience with month-end close, revenue distributions, royaties, production taxes, reconciliations, and revenue variance analysis.

Responsibilities

• Lead and manage the revenue accounting team; foster a positive, collaborative, and accountable team environment.
• Oversee monthly revenue accounting activities for operated and non-operated oil, gas, and NGL revenue streams.
• Monitor purchaser settlements and reconcile to revenue bookings.
• Track and resolve outstanding revenue-related issues.
• Manage revenue distributions, severance taxes to multiple States, agency royalty payments, and other related revenue accounting entries.
• Partner with Operations, Land, Commercial Marketing, Financial Reporting, and Treasury teams to resolve data or payment issues and improve revenue accuracy.
• Support revenue accounting integration activities for acquisitions and divestitures, including data validation, system setup, process design and any other transition-related activities in the company’s revenue accounting space.
• Build revenue workbooks for newly acquired assets, incorporating production system data, purchaser inputs, severance tax templates, company charged fees for gathering systems, and booking reconciliations.
• Develop project plans, manage timelines, coordinate stakeholders, identify risks, and communicate progress on revenue accounting projects to leadership.
• Support the implementation, enhancement, and maintenance of revenue accounting systems and related processes.
• Ensure compliance with contractual requirements and regulatory reporting obligations.
• Coordinate regulatory/audit responses as needed.
• Provide technical guidance and support on complex revenue accounting questions and transactions.
• Identify opportunities to improve efficiency, strengthen internal controls, automate processes, and enhance the scalability of the company’s revenue accounting function.
• Perform or coordinate other special projects as assigned.

Skills

Revenue accounting

Supervisory experience

Project management

Analytical skills

Advanced Excel

Education

Bachelor's degree in Accounting/Finance

Tools

Excel

Job description

Open to candidates in the greater DFW area and could be remote + travel.

Revenue Accounting Manager leads the revenue accounting activities for the company's oil and gas operations. This role will oversee accurate and timely revenue reporting, support month-end close, develop and improve processes, and serve as a technical resource to the accounting team and cross-functional partners. The technical expertise required for this role is especially important during acquisition onboarding periods. The Revenue Accounting Manager is expected to lead onboarding within the revenue accounting space with support from the Operations Accounting Directors.

The ideal candidate is a knowledgeable and dependable leader who manages people with professionalism and positivity, possesses deep experience in oil & gas revenue accounting, and can successfully manage multiple priorities and projects in a growth-focused environment.

Key Responsibilities

• Lead and manage the revenue accounting team; foster a positive, collaborative, and accountable team environment.
• Oversee monthly revenue accounting activities for operated and non-operated oil, gas, and NGL revenue streams.
• Monitor purchaser settlements and reconcile to revenue bookings.
• Track and resolve outstanding revenue-related issues.
• Manage revenue distributions, severance taxes to multiple States, agency royalty payments, and other related revenue accounting entries.
• Partner with Operations, Land, Commercial Marketing, Financial Reporting, and Treasury teams to resolve data or payment issues and improve revenue accuracy.
• Support revenue accounting integration activities for acquisitions and divestitures, including data validation, system setup, process design and any other transition-related activities in the company’s revenue accounting space.
• Build revenue workbooks for newly acquired assets, incorporating production system data, purchaser inputs, severance tax templates, company charged fees for gathering systems, and booking reconciliations.
• Develop project plans, manage timelines, coordinate stakeholders, identify risks, and communicate progress on revenue accounting projects to leadership.
• Support the implementation, enhancement, and maintenance of revenue accounting systems and related processes.
• Ensure compliance with contractual requirements and regulatory reporting obligations.
• Coordinate regulatory/audit responses as needed.
• Provide technical guidance and support on complex revenue accounting questions and transactions.
• Identify opportunities to improve efficiency, strengthen internal controls, automate processes, and enhance the scalability of the company’s revenue accounting function.
• Perform or coordinate other special projects as assigned.

Required Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• Seven or more years of progressive oil and gas accounting experience, with significant experience in revenue accounting.
• Previous supervisory or management experience.
• Demonstrated ability to lead people with professionalism, positivity, sound judgment, and respect.
• Strong knowledge of upstream oil and gas revenue accounting for operated and non-operated properties.
• Experience with revenue distributions, royalties, production taxes, reconciliations, month-end close, and revenue variance analysis.
• Experience with purchaser settlements to revenue booking reconciliations, gas balancing, and pipeline imbalance revenue accounting.
• Strong project management, organizational, analytical, and problem-solving skills.
• Ability to manage competing priorities, meet deadlines, and work effectively in a growth-focused environment.
• Excellent written and verbal communication skills, with the ability to explain complex accounting matters clearly.
• Advanced Microsoft Excel skills, including the ability to build, maintain, and review complex revenue workbooks.