JOB DESCRIPTION Royalty Income Accountant

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JOB DESCRIPTION

Royalty Income Accountant

The Company

Heritage Royalty, an independently owned Fee Land company established in Calgary, Alberta is seeking an experienced Royalty Income Accountant to join their team. We offer a collaborative work environment with an opportunity to make a significant contribution at all levels of the organization.

What you will be doing in this role

As the Royalty Income Accountant reporting to the Manager, Operations Accounting, you will be responsible for assisting in recording and reporting of royalty income. As an integral part of the team you will be responsible for analyzing royalty income and identifying opportunities to enhance the c ompany’s income. This position works closely with accounting and land teams as well as third parties.

Specifically, you will:

Prepare royalty income accruals

Complete monthly and quarterly reporting - provide timely reporting and analysis on royalty

 income to management

Investigate and resolve variance that has reporting impact

Review and upload journal entry allocations of royalty revenue to the well level

Provide the royalty income group with accounting support, as well as completing ad-hoc queries, and reporting assignments as required

Review leases and contracts to ensure royalty compliance by payors

Resolve and collect on outstanding royalties

Assist peers and be a training resource when needed

Update documentation of process and procedures

Provide information to external auditors upon request

Assist in developing key financial controls for the organization

Process cash receipts and accounts receivable

Your qualifications for the role

The ideal candidate is professional, friendly and willing to take initiative and work with in a start-up type of environment. This role requires an individual with a minimum of 3 to 5 years’ experience as an accountant in the oil and gas industry. The candidate is someone with strong attention to detail and analytical skills.

Additional qualifications you bring include the following:

University degree or diploma in accounting or business administration is preferred.

Minimum 3 to 5 years ’ experience in oil and gas accounting

Holds or is working towards a professional accounting designation

Strong analytical skills, along with excellent organizational and communication skills

Advanced skills in Microsoft Excel

Experience with the Qbyte Financial Management accounting system is an asset

Experience in freehold mineral tax, T5 and non-residence tax is an asset

Effective team player with strong interpersonal and problem-solving skills

 Self-motivated, can work independently, and is able to resolve issues with minimal supervision

Ability to manage multiple tasks in a changing and unestablished work environment

Customer-service oriented, professional, adapts well to change and works well with uncertainty

Must be legally entitled to work in Canada

Your reward for the role

Our client is offering a total reward package including competitive base salary, bonus, comprehensive benefits including medical and dental, pension plan, matching savings plan, and vacation.

Interested qualified candidates please send your resume directly to Michelle Scott at careers@strategictalent.ca

in a Microsoft Word or pdf document format. Please quote HRT-R3 and the position title in the subject line of your email and cover letter. Only those candidates meeting the requirements of the role who are requested for an interview will be contacted.

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