Revenue Compliance Lead

Permian Resources, LLC; Midland (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

A leading oil and gas firm is seeking a Revenue Compliance Lead in Midland, Texas. The role involves processing and filing state and federal royalties and severance taxes, ensuring compliance with regulations, and leading audits. The ideal candidate should have a Bachelor’s degree in Accounting or a related field, 4-5 years of relevant experience, and proficiency in Microsoft Office. This position offers full-time engagement in a fast-paced environment and requires strong organizational and communication skills.

Qualifications

• 4-5 years of experience in oil and gas revenue accounting, preferred with state severance tax and federal royalty reporting.
• 4-5 years of experience in oil and gas revenue accounting with state severance tax and federal royalty reporting preferred.
• Quorum accounting software experience, preferred but not required.
• Microsoft Office proficiency required (Excel and Word).

Responsibilities

• Process, file, and pay all state and federal royalties and taxes.
• Stay current with TXOGA and NMOGA.
• Prepare monthly account reconciliations for state and federal royalties and severance tax accounts.
• Lead state or federal audits and ensure compliance.
• Ensure SOX controls compliance and support special projects.

Skills

Organizational skills

Analytical skills

Strong written communication

Strong verbal communication

Data mining

Ability to meet deadlines

Education

Bachelor’s degree in Accounting, Finance, Business or equivalent experience

Tools

Quorum accounting software

Microsoft Office (Excel, Word)

Microsoft Word

Job description

Revenue Compliance Lead page is loaded## Revenue Compliance Leadlocations: Midland, Texasposted on: Posted Yesterdayjob requisition id: R-100284**Job Description:**Permian Resources is currently seeking a Revenue Compliance Lead. The Revenue Compliance Lead will be responsible for timely processing, filing, and paying all state and federal royalties and taxes, as well as any amendments. The Revenue Compliance Lead may also need to work with auditors and consultants. The ideal candidate will be competent in oil and gas accounting, and a strong understanding of the requirements pertaining to oil and gas reporting in the states of Texas and New Mexico is desirable.**General responsibilities include:*** Process, file, and pay all state (Texas and New Mexico) and federal royalties and amendments.* Process, file and pay all state severance taxes and amendments in Texas and New Mexico.* Stay current with TXOGA and NMOGA, and communicate upward any upcoming changes that may impact the business.* Prepare monthly account reconciliations for state and federal royalties and severance tax accounts.* Work with our severance tax consultants to ensure CDEV is obtaining all possible deductions and staying in compliance with state and federal regulations.* Process, file and record all severance tax exemptions/deductions.* Collaborate with land and regulatory to ensure leases are getting setup timely with the GLO, and we are filing all proper paperwork to obtain possible deductions.* Prepare a monthly analysis of severance tax for financial close.* Take the lead on state or federal audits by keeping the audit focused, collaborate with various departments to pull required support and provide to the auditors timely, respond to audit findings as soon as they are brought to your attention, and keep all parties informed of the audit progress.* Ensure compliance with existing SOX controls.* Provide support for special projects and perform other duties as assigned.**Knowledge and Skills include:*** Strong organizational and analytical skills* Perform responsibilities effectively and efficiently* Ability to prioritize activities and meet all deadlines* Comfortable and able to perform data mining and research* Strong written and verbal communication skills* Ability to interpret and apply policies, procedures, rules and regulations* An exceptional team-player, establishing positive working relationships with others* Strong work ethic and ability to maintain a positive/flexible attitude in a fast-paced work environment**Minimum Qualifications:*** Bachelor’s degree in Accounting, Finance, Business or equivalent experience* 4-5 years of experience in oil and gas revenue accounting, with state severance tax and federal royalty reporting preferred* Quorum accounting software experience, preferred but not required* Microsoft Office proficiency required (Excel and Word)Permian Resource is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.locations: Midland, Texastime type: Full timeposted on: Posted Yesterday