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