O&G Federal Regulatory Accountant

Overview

This role manages compliance with Office of Natural Resources Revenue (ONRR) regulations for oil and gas royalty reporting. Responsibilities include compiling, reporting, auditing, and supporting payment of ONRR-2014 Royalty reports, as well as reporting monthly OGORs. The position requires strong knowledge of federal and state oil and gas production regulations and close collaboration with multiple internal teams to ensure accurate and timely reporting.

Responsibilities

Reporting & Compliance

• Prepare and submit accurate and timely reports to ONRR.
• Ensure compliance with all federal and state regulations related to oil and gas production.
• Monitor changes in ONRR regulations and assess their impact on company operations.
• Maintain detailed records of all regulatory filings and communications.
• Provide support to staff on regulatory compliance matters.

Audit & Risk Management

• Conduct internal audits to confirm accuracy and compliance of regulatory submissions.
• Respond to audits and data requests from ONRR and the Bureau of Land Management (BLM).
• Address discrepancies and proactively resolve issues related to compliance or reporting errors.

Cross-Functional Collaboration

• Coordinate with internal departments (Accounting, Legal, Land, and Operations) to obtain necessary reporting data.
• Communicate with clients and internal stakeholders on matters related to compliance and federal obligations.
• Provide subject matter expertise and support to internal teams on ONRR regulatory matters.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• Minimum of 3–5 years of experience in regulatory compliance, preferably in the oil and gas industry.
• In-depth knowledge of ONRR regulations and reporting requirements, including unbundling and sliding scale royalties.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and organizational skills.
• Proficiency in regulatory compliance software and Microsoft Office Suite.

Preferred Qualifications

• None specified.

Compensation & Benefits

Benefits include:

• Medical, dental, and vision insurance
• 401(k) with company match
• Short-term and long-term disability coverage (STD & LTD)
• Life insurance
• Paid time off (PTO) and company holidays
• Professional development and growth opportunities

Location

Flexible, hybrid work environment.