New job Revenue Accountant in Durango, CO 81301

Revenue Accountant

Company : IKAV Energy Inc
Salary : Details not provided
Location : Durango, CO 81301

Full Description


IKAV Energy Inc is a private E&P company with its US headquarters in Durango, Colorado, and belongs to the global energy infrastructure group, IKAV. IKAV has worldwide offices in Hamburg, Luxembourg, Milan, Madrid, Lisbon, Munich, and Paris and has launched its US franchise in 2019 managing and operating a billion-dollar portfolio on a long-term basis. At IKAV, teamwork is at the heart of our operations and is only strengthened by the many diverse and professional backgrounds that shape our team. IKAV believes in flat hierarchies and the empowerment of team members. In return, we expect exceptional motivation, a high degree of independent thinking, and the ability to spot opportunities for optimization and growth.

  • Conduct the monthly Revenue accounting close including processing of prior period adjustments and non-operated properties
  • Assist in preparing monthly accruals and account reconciliations as assigned
  • Assist in analyzing suspense/receivables accounts
  • Accountable for processing cash receipts
  • Verify revenue contract pricing where relevant
  • Work in conjunction with Division Order team to review/process escheatable items and ensure correct ownership
  • Assist with annual process around 1099 filings
  • Assist with variance analysis
  • Follow internal control policies and procedures
  • Assist in internal and external audits
  • Build relationship with Production and Midstream accountants to assist in executing activities
  • Identify and implement improvements to add to the efficiency and effectiveness of the company
. Requirements:

Required Skills and Abilities

  • Practices and encourages open, honest and timely communication within the team
  • Lead and foster a culture of ethical behavior that supports compliance programs and strong auditing and financial controls.
  • Self-starter with sound judgment and decision-making abilities
  • Dynamic thinking that demonstrates a high level of personal motivation and organizational skills with an understanding of accountability


  • 1 to 3 years of accounting experience
  • Experience in oil and gas industry
  • Experience with W Energy a plus
  • Experience working in a growing start up environment strongly preferred
  • Bachelor’s degree in accounting, finance or business required
  • Flexibility to grow and change with company needs
  • Ability to work independently and as part of a team
  • Proficient in Microsoft Office Suite plus advanced expertise with Excel and Powerpoint applications
  • Experience with PowerBI a plus

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