Total Number of Openings
1
Production, Revenue & Royalty Accounting
Tax & Royalties Analyst
General description of the department:
Production, Revenue & Royalty Accounting (PR&RA;) department provides support to Upstream North America operations by overseeing the accounting behind production, revenue, royalty and tax of Oil and Gas products from origination sources (offshore / onshore leases).
As a PR&RA; Analyst, you'll have responsibilities that include assisting in the integration of new technologies (such as data analytics, robotics/automation, and digitalization), ensuring compliance with governmental regulations, analyzing industry agreements to ensure proper accounting and compliance, and seeking opportunities to enhance existing processes.
PR&RA; tasks are distributed in teams of an average of 10 analysts by process/areas and in alignment with Operations desks. This distribution allows fluent interaction between members.
Tax & Royalties Analyst is responsible of:
Apply accounting principles and policies to properly record U.S.
State/Federal royalties and/or State tax payments, expense accruals and receivables;
Prepare U.S. State/Federal royalty and/or State tax reports and payments in accordance with lease agreements and applicable regulations;
Process private royalty owner payments as well as calculate, remit and report tax withholdings on behalf of private royalty owners;
Participate in month/quarter/year end processes (e.g. variance and reject analysis of results, account reconciliation, metrics, etc.);
Determine actions to resolve balances and develop tactics for issues relating to sold properties, sensitive owners and potential litigation;
Work collaboratively in a multi-discipline environment across teams and geographies;
Upstream SOX & Internal Controls compliance and reporting.
In this position, Analyst will have the opportunity to:
Be a part of a growing department that offers numerous chances to streamline/ enhance processes and implement innovative t