Supervisor - Revenue Accounting
Gulfport Energy Corporation is an Oklahoma City-based independent oil and natural gas exploration and production company with principal properties in the Utica Shale (Eastern Ohio), the SCOOP Woodford, and SCOOP Springer plays (Central Oklahoma). The company focuses on sustainable value creation through environmentally responsible development, sustainable cash flow, margin improvement, operating efficiencies, and returning capital to shareholders.
About the role
The Revenue Accounting Supervisor is responsible for the day-to-day operation, planning oversight, and guidance of the Revenue Accounting staff. This role owns the design, implementation, and execution of daily accounting and financial reporting for revenue activity and transactions.
Responsibilities
- Owns the revenue cycle including review of contracts to determine appropriate revenue recognition in accordance with current and emerging accounting pronouncements.
- Analyzes business transactions of moderate complexity and determines appropriate accounting treatment through research or collaboration with subject matter experts.
- Provides knowledge and expertise as a core team member in the development and formulation of business strategy, implementation, and objectives related to the revenue accounting function and accounting processes.
- Reconciles and/or analyzes revenue general ledger accounts and proposes necessary adjusting entries to support the monthly financial reporting process.
- Leads continuous review and improvement of revenue systems and business processes.
- Prepares management reports including revenue accrual, analysis, and metrics; assists with development of new models and reports to support revenue forecasting.
- Supports and provides information and explanation for audit activities; serves as main point of contact for all revenue cycle testing and explanations.
- Reviews work of revenue staff to ensure compliance with SOX policies and procedures.
- Develops and maintains policies, procedures, systems, and best-practice methods to improve revenue cycle efficiencies and workflow.
- Maintains accounting practices in compliance with established accounting policies, GAAP requirements, and company policies; stays abreast of changes.
- Ensures monthly accounting close deliverables and reporting requirements are accurate and delivered on time.
- Effectively partners with operational teams to understand business, system, or process changes that will affect financial results or internal controls.
- Documents SOX internal control procedures, identifies control gaps, and implements remediation for specified areas.
- Creates an effective work environment by developing a common vision, setting clear objectives, expecting teamwork, recognizing outstanding performance, and maintaining open communications.
- Ensures all state tax and regulatory reports are filed timely and accurately.
- Performs other duties and responsibilities as assigned by management.
Qualifications
- Bachelor's degree in accounting or business-related field.
- 5+ years of relevant revenue accounting experience with management experience.
- Experience working in Oil & Gas accounting with industry knowledge and terminology.
- Strong financial systems background; proficiency in Oil & Gas ERP systems preferred.
- Strong technical accounting background with thorough understanding of all accounting standards and policies.
- Expertise working with internal and external audit teams; comfortable presenting to senior management.
- Experience providing strong leadership, mentoring, coaching, counseling, and development to direct reports.
- Familiarity with COPAS guidelines.
- Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
- Knowledge of the oil and gas revenue process from beginning to end.
- Ability to write reports, business correspondence, and procedure manuals.
- Advanced oral and written communication and interpersonal skills and organizational ability.
- Working knowledge of severance tax, state/federal royalty regulatory filings.
- Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
- Ability to solve problems involving several concrete variables in standardized situations and escalate when appropriate.
- Strong analytical and organizational skills with attention to detail to adapt to varied workflows, multiple tasks, deadlines, and changing priorities.
- Ability to work independently and in a team environment.
- Willingness to take initiative, embrace change, and accept responsibility of increasing complexity.
- Solid time management skills; ability to handle multiple projects, meet deadlines, and function independently and efficiently in a fast-paced environment.
- Deadline-focused with ability to understand how details impact overall reporting.
- Intermediate knowledge of Microsoft Office (Word, Outlook); experience with SSI and/or Quorum preferred.
- Excellent presentation and communication skills.
- Advanced Excel proficiency.
Physical Requirements
- Ability to use a computer or phone for extended periods.
- Basic use of office equipment such as a copier.
- Ability to lift 10 pounds occasionally.
- Ability to concentrate.
- Ability to sit for long periods of time.
Work Environment
This job operates in a professional office environment. The role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines, along with equipment necessary to design, draw, and execute plans.
Schedule
Full-time exempt position. Days and hours of work vary due to workload and needs of the company. Minimal travel is expected.