Oil & Gas Revenue Accounting Specialist

Req : 77496

Location: Fort Worth
-FTWT

Areas of Interest: Oil & Gas/Mineral Management;
Bank Operations

Pay Transparency Salary Range: Not Available

Final date to receive applications: 02/04/2025

BOK Financial Corporation Group includes BOKF, NA; BOK Financial Securities, Inc. and BOK Financial Private Wealth, Inc. BOKF, NA operates Trans Fund and Cavanal Hill Investment Management, Inc. BOKF, NA operates banking divisions:
Bank of Albuquerque;
Bank of Oklahoma;
Bank of Texas and BOK Financial®.

Bonus Type Discretionary Summary

The bank operations team ensures seamless financial transactions while driving forward-thinking infrastructure modernization. They excel in system integration, secure data handling, and fostering a collaborative workplace. By prioritizing risk mitigation alongside regulatory compliance, operational resilience, and cost-effective management, they fuel the bank’s growth and success.

The Oil & Gas Revenue Accounting Specialist I is primarily responsible for the research, correction, and creation of database information on the Oil & Gas Accounting System. This includes the creation and modification of division orders, check formats, and purchaser screens. Works with staff, business partners, and purchasers to research and resolve payments that will not post. Assists with daily process of revenue as needed in order to train new staff, ensure deadlines and service level agreements are met, and assist other processors with implementation of best practices and procedures.

Note:

Duties and responsibilities and the percentage of time spent on them may vary according to assignment and workflow needs.

Our culture is built on collaboration and partnership, where we prioritize building strong relationships. We are dedicated to exceeding expectations by delivering top-quality products, services, and advice, while ensuring effective communication and portfolio growth. By creating streamlined solutions, mitigating risk, and increasing scalability, we support continuous operations and organizational resilience, all while aligning our goals with the business lines we support to ensure the safety of our customers and the bank.

• You will research and resolve out ‑ of ‑ balance and unprocessed payments, asset discrepancies, and division order questions using Oil & Gas accounting and remittance systems.
• You will analyze incoming payments to accurately map division orders to the correct owner, asset, well, and interest amounts.
• You will update division orders and submit remediation requests for asset development or incomplete payment details while tracking resolution timelines.
• You will create and modify purchaser records and check formats within the Oil & Gas Accounting System as needed.
• You will enter and correct payment data from checks, ACH, and wire transfers, including resolving misapplied funds and suspended revenue entries.
• You will verify and balance daily deposits, maintain deposit logs, and manage digital and physical records for reporting and long ‑ term storage.

This level of knowledge is normally acquired through completion of an Associate Degree and 1-2 years’ experience in the Oil & Gas industry or 3 years equivalent work related experience in oil & gas or accounting industry. Experience with Oil & Gas Accounting System preferred.

• Thorough knowledge of accounting principles
• Thorough knowledge and understanding of oil and gas operations and terminology
• Thorough PC and software application skills (Microsoft Office Suite)
• Intermediate knowledge of Oil and Gas Accounting System
• Excellent data capture skills; alpha/numeric with 98% accuracy
• Excellent organizational skills; demonstrated ability to maintain accuracy while meeting stringent timelines
• Excellent oral and written communication skills
• Strong interpersonal skills, ability to work with various departments across company and Vendors

• Strong decision making skills, ability to determine when to escalation complex items or calculate minor outages

BOK Financial Corporation Group is a stable and financially strong organization that provides excellent training and development to support building the long term careers of employees.
With passion, skill and partnership you can make an impact on the success of the bank, customers and your own career!

Apply today and take the first step towards your next career opportunity!
The companies in BOK Financial Corporation Group are equal opportunity employers. We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, pregnancy status, sexual orientation, genetic information or veteran status.

Please contact rec with any questions.