Revenue Accountant at Mineral Resources, Inc. – Greeley, Colorado

A Little About Us:

Mineral Resources, Inc. is a family-owned oil and gas company based in Greeley, Colorado since 1981. Currently, we have non-operated assets in the DJ, Scoop/Stack, Anadarko, and Permian basins. We are growing through acquisition of high-quality rock and would operate again for the right opportunity. We are entrepreneurial, growth-oriented, and dedicated to execution of quality projects. We build long-lasting business relationships from respectful communication and integrity in our commitments.

About Your Role:

The Revenue Accountant is responsible for managing and overseeing revenue accounting processes. This role focuses on ensuring accurate revenue recognition, timely reporting, and compliance with industry standards and regulations. The ideal candidate will have a strong background in oil and gas accounting, possess excellent analytical skills, and thrive in a fast-paced, collaborative environment.

Essential Duties and Major Responsibilities:

· Ensure accurate and timely recognition of revenue (e.g., overriding royalties, royalties, and working interests).

· Prepare and review monthly revenue accruals, journal entries, and reconciliations.

· Analyze revenue data and variances, providing insights and recommending improvements.

· Ensure compliance with industry regulations, company policies, and accounting standards (e.g., GAAP, IFRS).

· Assist with internal and external audits by providing necessary documentation and explanations.

· Maintain and update revenue accounting systems and databases.

· Perform detailed analyses of revenue trends, identifying key drivers and potential issues.

· Collaborate with other departments to gather and validate data for revenue reporting.

· Identify and implement process improvements to enhance efficiency and accuracy in revenue accounting.

· Develop and maintain standard operating procedures (SOPs) for revenue accounting tasks.

· Participate in special projects related to revenue accounting, financial analysis, and system enhancements.

· Provide ad hoc financial reports and analyses as required by management.

· Perform other duties as assigned.

Education:

· Bachelor’s degree in accounting, finance or related field is preferred.

Type of Experience Needed to be Successful:

· 3+ years of experience in revenue accounting in the oil and gas industry is required.

· Previous revenue experience with multi-state sites is highly preferred.

Specialized Skills:

· Strong knowledge of revenue recognition principles and industry-specific accounting practices.

· Proficiency in accounting software (Excalibur preferred) and Microsoft Office Suite, particularly Excel.

· Excellent analytical, organizational, and communication skills.

· Ability to work independently and as part of a team in a dynamic environment.

· Attention to detail and a commitment to accuracy.

Supervisory Expectations:

The position does not have any regular responsibility for overseeing or supervising the work of other team members.

Independence of Action:

Supervisor/manager monitors work progress; incumbent follows precedents and procedures and may set priorities and organizes work within general guidelines established by supervisor/manager.

Physical Demands and Work Environment:

• The work environment is the typical office environment. The employee must complete their work satisfactorily in an environment where there are significant distractions, including staff, clients, and vendors walking through and conversing, telephones ringing, conversations carrying over, loud noises, and interruptions to answer questions from others.
• The physical demands described here represent those that an employee must meet to perform the essential functions of this job successfully. In many cases, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and use hands to finger, handle, or feel objects, tools, or controls. The employee frequently is required to talk or hear. The employee is occasionally required to stand, walk, reach with hands and arms, and stoop, kneel, crouch, or crawl.
• The employee must regularly lift and/or move up to 15 pounds and should do so soundly and safely. This job's specific vision abilities include close vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.