Revenue Accounting Manager
KODA Resources, LLC · Denver, CO · 2 wk ago
On-siteAccountingFull-time
About the role
KODA Resources is seeking an experienced and detail-oriented Revenue Accounting Manager to oversee the company's upstream oil and gas operations. This role requires a self-starter who can manage a high volume of complex transactions independently and navigate both routine and technical revenue accounting responsibilities with minimal oversight.
Responsibilities
- Oversee monthly revenue accruals and distributions for oil, gas, and NGL production across approximately 4,000 operated and non-operated properties.
- Ensure timely and accurate royalty, working interest, and severance and production tax payments and filings.
- Work with internal teams and external consultants to maintain regulatory compliance for ONRR, Indian, Utah and North Dakota royalties.
- Prepare and review revenue journal entries and account reconciliations in accordance with GAAP, including ASC 606.
- Coordinate with Land, Reservoir Engineering, Production Accounting and Operations to resolve revenue-impacting issues and support business decisions.
- Manage relationships with purchasers, working interest partners, and royalty owners, addressing suspense and payment inquiries.
- Assist in the external financial statement audit process related to revenue, coordinating with auditors and internal teams.
- Support acquisitions and divestitures through due diligence and systems integration.
- Identify and implement continuous process improvements.
Supervisory Responsibilities
This position will manage internal revenue accounting staff and external consultants.
Requirements
- Bachelor's degree in accounting, finance, or a related field preferred.
- Minimum 8 years of experience in upstream oil and gas revenue accounting required.
Skills
- Strong analytical and problem-solving abilities.
- Strong understanding of GAAP, ASC 606 revenue recognition, and oil and gas revenue accounting.
- Working knowledge of division orders, JIB, and royalty and severance tax reporting.
- Proficiency in Microsoft Excel and revenue/accounting systems. BOLO strongly preferred.
- High attention to detail.
- Ability to manage multiple projects and deadlines in a performance-driven, team-oriented environment.
- Ability to write reports, business correspondence, and procedure manuals.
- Strong verbal communication and interpersonal skills.
- Comfortable interacting with both internal and external stakeholders.
Physical Demands
- Prolonged periods sitting at a desk and working on a computer.
- Specific vision abilities required by this job include close vision, depth perception, and the ability to adjust focus.
Work Environment
- This is a full-time, in-person position.
- Standard office setting with frequent collaboration in cross-functional meetings.
- The noise level in the work environment is typically quiet to moderate.