King Operating Corporation Hiring for Property Accountant Job at Dallas, TX Full Time

Oil & Gas Property Accountant/Division Order Analyst: Candidate would perform a variety of accounting, division order, well setup, and owner relations functions which would consist of, but not limited to, new well setup, generation and distribution of company division orders and transfer orders, review and analyze oil & gas agreements, title information. and other curative materials to establish, calculate, or process ownership change requests, cure title requirements, and maintain updated company ownership records in the company database. This individual will interact with working interest owners, royalty owners, contractual partners, mineral owners, governmental agencies, our Asset Team, Revenue Accounting department, Lease Records, Chief Legal Officer, and others to answer inquiries as needed. The candidate will also monitor and maintain company’s division of interest decks, suspended funds, and verify sources of unidentified cash and monitor funds for potential escheatment and compliance to ensure they are distributed properly.

Knowledge, Skills & Abilities

• Strong analytical skills required
• Knowledge of oil and gas division order analyst role and typical policies and procedures
• Experience working with Working Interest and Royalty Interest owners, contractual partners, and government agencies and responding to inquiries in a professional and timely manner
• Responsible for reviewing title opinions/title documentation, analysis of curative requirements, and curative documentation in order to determine well/unit ownership
• Establish and maintain deck ownership in accordance with record title for revenue distribution
• Resolve ownership inquiries and curative issues
• Review and verify company owned gross working, overriding and/or royalty interests and process division orders for execution
• Responsible for review of suspended revenues and ensuring distribution of monies accurately and timely
• Ability, experience, and knowledge of processing Revenue/Billing cycles and oil and gas accounting systems
• Experience processing appropriate revenue line detail from oil and gas revenue receipts from First Purchasers
• Manage assigned responsibilities and duties to ensure accurate and timely completion of assignments, projects, and other duties as assigned

Education & Required Experience

• 2+ years of in-house Division Order experience
• Previous experience working in Oklahoma and Texas properties preferred
• Strong decision-making, problem solving, technical knowledge, communication, leadership, project management and organization skills required
• Proficient in advanced Microsoft Excel functions
• Basic knowledge of oil and gas law and/or state specific ownership related law, including statutory guidelines, unclaimed property regulations, probate/laws of descent and distribution, contracts, etc.

Job Type: Full-time

Pay: $80,000.00 – $85,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift

Supplemental pay types:

• Bonus pay

Ability to commute/relocate:

• Dallas, TX 75248: Reliably commute or planning to relocate before starting work (Required)

Experience:

• Oil and Gas: 1 year (Required)

License/Certification:

• CPA (Preferred)

Work Location: One location