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Regulatory Accountant

Talos Energy
Houston, TX Full Time
POSTED ON 8/8/2022 CLOSED ON 12/12/2022

What are the responsibilities and job description for the Regulatory Accountant position at Talos Energy?

DUTIES & RESPONSIBILITIES:

This position will be responsible for the daily royalties, severance tax and reconciliation activities at Talos Energy including but not limited to:

  • Report oil, gas, and NGLs royalties and severance taxes in a timely and accurate manner to ensure correct payment obligations and reporting to Federal and State governmental agencies.
  • Reconciliation of all general ledger accounts related to royalties and severance tax liability.
  • Accurate calculation of Federal and State royalties and severance tax, including appropriate research into new or revised regulatory requirements.
  • Maintain and log incoming/outgoing regulatory correspondence
  • Coordinate and manage audits and the pertinent responses and rebuttals
  • Timely respond to ONRR inquiries and requests
  • Make related general ledger entries to record/clear payments
  • Comply with all internal and external audit/SOX controls established for revenue accounting
  • Perform additional duties as assigned, including potential simultaneous multiple projects

 

EDUCATION & EXPERIENCE:

  • Bachelor Degree in Accounting, Finance, or Business
  • Minimum 5 (five) years of oil and gas onshore/offshore revenue regulatory reporting experience required
  • ONRR experience preferred

 

QUALIFICATIONS & SKILLS:

  • Considerable knowledge of accounting practices and procedures in addition to current federal, state, and local regulations
  • Strong ONRR background preparing responses, been involved with audit by ONRR and managed the audit preferred
  • Prior revenue recognition experience in a fast-paced organization preferred
  • Self-motivated, self-driven and with willingness to work in challenging environment
  • Ability to work independently or within a team structure with minimum supervision and possess an ability to handle multiple tasks simultaneously
  • Must be keen to detail and must be able to work effectively as a member of a team
  • Experience with MS Excel is required
  • Working knowledge of BOLO preferred
  • Flexible with changing priorities
  • Strong analytical and communication skills
  • Proficiency in MS Word preferred

 

CERTIFICATES & LICENSES:

  • There are no certificates, licenses or registrations required for this position.

 

PHYSICAL REQUIREMENTS:

  • Employee must be able to sit for extended periods of time and have use of arms and hands in repetitive motion. A fair amount of standing and walking is also required for the position.

 

Reports to: Revenue Supervisor

Schedule/Hours:  Day Shift – 40 hours per week

Department: Finance/Accounting

Prepared by: HR Manager

FLSA status: Exempt

Date: 5/24/2022

EEO Classification: Professional

 

 

 

 

The statements herein are intended to describe the general nature and level of work assigned to this job, but are not an exhaustive list of responsibilities, duties, and skills required.  Furthermore, they do not establish a contract for employment and are subject to change at the discretion of the employer.

Salary.com Estimation for Regulatory Accountant in Houston, TX
$77,874 to $98,512
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