Revenue Compliance Lead
Permian Resources · Midland, TX · 5 mo ago
AccountingFull-time
General Responsibilities
- 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, collaborating 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
- Strong organizational and analytical skills.
- 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).