Senior Regulatory and Royalty Accountant

Position Summary

Chord Energy is seeking an experienced and results-driven Senior Regulatory and Royalty Accountant to ensure compliance, reporting, and financial obligations related to severance taxes, royalties, and federal reporting. This role will play a pivotal role in managing regulatory accounting functions, particularly related to North Dakota severance taxes, Office of Natural Resources Revenue (ONRR) reporting, and state royalties. Occasional travel to core operating areas will be required. This position is located in downtown Houston, TX, with a hybrid work schedule available.

About the Role

This position will assist in the development and implementation of policies and procedures to ensure compliance with all regulatory requirements. It will also involve providing guidance on regulatory issues, accounting procedures, and ensuring the company's compliance efforts are up to date.

Responsibilities

• Prepare and submit monthly, quarterly, and annual ONRR reports, ensuring compliance with federal regulations.
• Cook with production, land, and revenue teams to ensure accurate reporting of production volumes, royalty payments, and severance tax data.
• Review ONRR audit findings and work to resolve discrepancies or issues in reporting.
• Ensure timely and accurate preparation and filing of North Dakota severance tax returns.
• Monitor and reconcile state withholding requirements for oil and gas production in North Dakota.
• Work closely with internal teams and external tax advisors to maintain compliance with North Dakota tax regulations.
• Aid in audits and state tax compliance reviews related to severance taxes.
• Oversee the calculation and payment of state royalties, ensuring timely and accurate payments to the relevant state authorities.
• Collaborate with land, legal, and revenue teams to resolve any royalty-related discrepancies or disputes.
• Prepare and file state royalty reports in accordance with individual state regulations and ensure compliance.
• Assist in the development and implementation of policies and procedures to ensure compliance with all regulatory requirements.
• Provide guidance on regulatory issues, accounting procedures, and ensure the company's compliance efforts are up to date.
• Maintain documentation related to regulatory reporting and tax filings for audit and internal review purposes.
• Aid with special projects as needed, including audits and severance tax refunds.

Requirements

• Bachelor’s degree in Accounting, Engineering, Business, or related field.
• 5 years of relevant industry experience in regulatory accounting for an E&P operator within the upstream oil & gas sector.
• Expertise in reporting software such as Procount/Carte, Enertia, and other upstream ERP systems.
• Proficiency in data analysis, SQL queries, and data visualization tools such as Power BI, Spotfire, and Excel.
• Strong analytical skills with the ability to interpret large datasets and translate them into actionable insights.
• Exceptional communication skills, with the ability to convey complex data insights and reports to both technical and non-technical stakeholders.
• Highly organized with strong attention to detail and the ability to manage multiple tasks and deadlines effectively.
• Ability to work in a fast-paced and fluid environment; flexible with the demands of a growing company.
• Must possess mobility to work in a standard office setting and to use standard office equipment, including a computer, stamina to maintain attention to detail despite interruptions, strength to lift and carry files weighing up to 10 pounds; vision to read printed materials and a computer screen, and hearing and speech to communicate in person and over the telephone.

Qualifications

• Experience in tribal ONRR compliance.
• Advanced proficiency in SQL, with the ability to write complex queries for data extraction and analysis.

Skills

• Data analysis and interpretation.
• SQL query writing.
• Data visualization tools like Power BI, Spotfire, and Excel.
• Regulatory compliance and reporting.
• Collaboration and teamwork.
• Attention to detail.
• Communication and stakeholder management.

Benefits

N/A

Pay

Level and salary commensurate with experience.

Schedule

Hybrid work schedule available, with occasional travel to core operating areas.