Staff Revenue Accountant / Trust Administrator

Job Description

Job Description

General Job Description

The Staff Revenue Accountant / Trust Administrator will be responsible for assisting with the administration of publicly traded royalty trusts and reviewing oil and gas production reports from operators / remitters. This position will assist the land department and other trust administrators with reviewing the royalty and working interests of certain royalty trusts with an eye toward disclosure in various reports. They will also coordinate the quarterly reviews and annual audits of certain trusts’ financial statements, coordinating with external auditors, attorneys, and various internal and external information providers for those royalty trusts. The reviews include monthly analysis of revenue received, expenses paid, and generation of monthly, quarterly, and annual Security and Exchange Commission (“SEC”) filings, tax reporting, and providing supporting documentation necessary to accomplish these tasks. This position also works directly with unitholders of certain royalty trusts by answering questions and generally assisting the unitholders with obtaining the information requested. An ideal candidate will possess an attention to detail, an ability to work with minimal direction, the ability to collaborate with internal and external clients, and problem-solving skills to meet the various deadlines. Experience in the oil and gas industry is very much desired.

Essential Duties

• Review and analyze monthly revenue and oil and gas production for the certain public and privately held royalty trusts.
• Work with the trust assistant for various royalty trusts, ensuring the monthly distributions are calculated and issued correctly.
• Maintain general ledgers for various royalty trusts, prepare journal entries and financial statements.
• Assist with generating and filing various reports with the SEC.
• Assume responsibility of the new AI land file repository platform for one of the royalty trusts
• Answering stakeholders’ questions about the various public and privately held royalty trusts.
• Generating annual tax information for various trusts, providing the tax information for and testing the calculators on the trusts’ websites.
• Perform other related duties as assigned by the Director of Royalty Trust Services.

Qualifications

Knowledge and Skills :

Education / Experience :