Long Run Exploration Ltd. is a Calgary based intermediate exploration and production company focused on light oil and natural gas development in Western Canada. We are currently looking to fill the following position: Production Revenue Accountant (6 month contract). This contract position is responsible for full cycle of production revenue accounting reporting and analysis. Candidate will be required to work closely with the Marketing and Land departments. Emphasis of this role will be on the ability to analyze the data to ensure accurate reporting, as well as measurement and regulatory compliance.
Production & Facility Charges:
- Provide accurate and timely regulatory reports: Splits, Volumetrics, APMC, Transportation Allowances, SAF/OAF
- Working with measurement compliance indicator reports such as PAD & CAI
- Assist the field operations team with troubleshooting measurement concerns
- Interpret field schematics and audit their setup within PAS to ensure accuracy of the product flow along with oil and gas allocation up to a partner level
- Interpret JV agreements as per the facility charges. Review PAS set up to ensure that the correct fees and facilities are used in expensing and reporting
- Analyze royalty results to ensure LRE is paying the obligation according to the land documents
- Prepare monthly revenue vouchers, pivot PAS financials and clear prior period adjustments from A/R
- Work with the Marketing department to ensure accurate monthly contract allocations
- 10+ years of Production/Revenue Accounting experience in the oil & gas industry
- Advanced Excel capabilities, including pivot tables, preferred
- System experience should include: PAS, ProdView, Envision Accounting System, OpenInvoice, Petrotranz, CS Explorer
- Willingness to take on new areas and responsibilities as they arise
- Excellent communication skills; Ability to build strong working relationships with Calgary and field staff
- Previous experience working with measurement and variances is considered an asset
- Strong technical understanding of Production Accounting and Joint Venture Accounting principles
- Demonstrated ability to meet deadlines and excel in a fast-paced, team environment
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Long Run Exploration Ltd.