Sr Offshore Revenue Accountant

At Murphy Oil Corporation, we believe the rich experiences and backgrounds of our employees strengthen our Company, create a productive workforce, and drive our success. We encourage you to apply for the positions for which you meet the qualifications.

Job Summary

The Senior Revenue Offshore Accountant role is to ensure that all production, revenues, and post-production expenses are recorded accurately and timely, and in accordance with marketing, lease, and other governing agreements. The successful candidate will oversee the accounting processes of oil and condensate transactions associated with US offshore properties, monthly oil revenue accrual, transportation, and inventory journal entries, and assist with additional tasks such as non-operated payment bookings, audit requests, or others as requested.

The candidate should demonstrate the ability to learn quickly, make process improvements, and maintain a solid control environment.  This individual should be professional and respectful of others, and demonstrate strong work ethics, accountability, and judgement. This person should be also able to thrive in a team environment as well as focus on individual tasks.

While the role has no direct authority over day-to-day direction of the department or project, the person is highly encouraged to suggest desirable changes to the team and other departments that would generate better results.   

This role will work in our Houston Corporate office and may work two (2) days a week remotely, as business needs allow.

Responsibilities

• Manage oil and condensate revenue transactions and ensure proper allocation back to leases in Gulf of America
• Perform monthly oil revenue accrual, transportation, and inventory journal entries
• Provide field sales allocation to relevant pipelines and offshore producers
• Process prior period adjustments under reasonable timeline after receiving substantive revised information
• Perform account reconciliation research
• Understand oil midstream contracts including sales pricing, firm obligations, deficiencies, transportation, gathering, processing arrangements, escalations, etc.
• Ensure all accounting is in accordance with SOX compliance
• Work on audit supports, non-operated payment bookings, and ad hoc requests as needed
• Utilize technology to drive process improvements and efficiencies

Qualifications/Requirements

• Bachelor’s degree in accounting or finance
• Minimum 10 years’ experience in exploration & production (E&P) or midstream accounting with 4 years’ experience in E&P revenue accounting
• Proficient with accounting of take in-kind arrangements
• Excellent analytical and problem-solving abilities
• Good communication and interpersonal skills
• Demonstrate a continual improvement and team mindset

Desired/Preferred Qualifications

• Master’s degree in accounting or finance with minimum 10 years’ experience in exploration & production or midstream accounting with 4 years’ experience in E&P accounting.
• SAP system experience with focus in PRA module
• Familiar with E&P offshore operations
• Affinity for technologies, such as Power Automate and Power BI, to support deliverables
• Knowledgeable in offshore unit agreements
• Allegro or equivalent marketing system experience
• Prior experience participating with working interest partner audits
• Exceptional understanding of marketing and commercial contracts

The individual is required to follow all applicable safety precautions.  Work is performed almost entirely in a controlled (i.e., inside) environment and does not typically subject the incumbent to any hazardous/extreme elements; some positions may require regularly moving or transporting items weighing up to 25 lbs. around the office for various needs.  The successful candidate must be able to complete all essential physical requirements of the job with or without reasonable accommodation.

LI-Hybrid

PURPOSE 

We believe in providing energy that empowers people.

MISSION

We challenge the norm, tap into our strong legacy and use our foresight and financial discipline to deliver inspired energy solutions.

VISION

We see a future where we are an industry leader who is positively impacting lives for the next 100 years and beyond.

VALUES & BEHAVIORS

Do Right Always

• Respect people, safety, environment and the law
• Follow through on commitments
• Make it better

Think Beyond Possible

• Offer solution
• Step up and lead
• Don’t settle for “good enough”
• Embrace new opportunities

Stay With It

• Show resilience
• Lean into challenges
• Support each other
• Consider the implications

_________________________________________________________________________________________________

Murphy Oil Corporation participates in the Department of Homeland Security U.S. Citizenship and Immigration Services' E-Verify program. Please read the E-Verify Notice-English / E-Verify Notice-Spanish and Right to Work Notice before proceeding with your job application.
For additional information, you may also visit the USCIS website.
Murphy Oil Corporation is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, and status as a protected veteran, or any other category protected by federal, state or local laws.
EEO is the Law Poster
EEO is the Law Supplement