Senior Production Accounting Analyst
Flywheel Energy7 months ago
Oklahoma City, OK, United States
Hybrid
Full-time
Junior Level (1-3 years)
Job Description
Job Summary
The Senior Production Accounting Analyst is responsible for overseeing and performing complex production accounting functions for operated and non-operated oil and gas assets. This role ensures accurate reporting of production volumes, revenue distribution, regulatory compliance, and reconciliation of production data. The Senior Analyst serves as a subject matter expert, provides mentorship to junior staff, and collaborates cross-functionally with operations, revenue accounting, land, and finance teams.
Key Responsibilities
- Analyze and process daily, monthly, and annual production volumes for oil, gas, NGLs, and water.
- Reconcile production data between field systems, regulatory filings, and accounting systems.
- Review and validate allocations, imbalances, shrink, fuel usage, and flare volumes.
- Coordinate and resolve discrepancies with field operations, marketing, revenue accounting, and third-party operators.
- Review and approve production allocations and system setups for new wells and acquisitions.
- Perform production data analysis to ensure accuracy prior to revenue distribution.
- Support internal and external audits by providing documentation and responding to inquiries.
- Assist with system implementations, upgrades, and process improvements.
- Develop and document policies and procedures to ensure compliance and efficiency.
- Train and mentor junior production accounting staff.
- Participate in special projects including acquisitions, divestitures, and due diligence efforts.
Required Qualifications:
- Bachelor’s degree: in Accounting, Finance, Energy Management, or related field required.
- 5+ years: of progressive production accounting experience in the oil and gas industry.
- Strong knowledge: of operated and non-operated properties.
- Experience: with allocation methodologies and production reporting requirements.
- Proven experience: in oil and gas accounting.
- Proficiency: in production accounting systems.
- Advanced Excel skills: (pivot tables, VLOOKUP/XLOOKUP, data analysis).
- Familiarity: with regulatory reporting requirements (state and federal).
- Understanding: of revenue accounting flow and joint interest billing (preferred).
- Strong analytical and problem-solving skills.
- High attention: to detail and accuracy.
- Ability: to manage multiple deadlines in a fast-paced environment.
- Excellent communication: and collaboration skills.
- Leadership: and mentoring capability.
- Process improvement mindset.
Preferred Qualifications:
- Public accounting experience: (preferred but not required).
- Experience: with acquisitions and divestitures.
- Knowledge: of production data automation tools and reporting software.
- Experience: working with large-scale operated assets.
Required Skills
Mentoring
Production Accounting
Data Analysis
Collaboration
Oil and Gas Accounting
Problem-Solving
Regulatory Compliance
Excel (Pivot Tables, VLOOKUP/XLOOKUP)
Process Improvement