Operations And Royalty Accountant

 

Description:

Connacher Oil and Gas Limited (“Connacher”) is seeking an Operations and Royalty Accountant to join its financial reporting group. This full-time position is based in Calgary and will report to the Controller. The successful candidate will take ownership of the roles and responsibilities discussed below as part of a gradual transition process led by a current member of the financial reporting group. This candidate must be highly motivated, team-oriented, and have excellent interpersonal skills, as constant communication across various groups is required.

Company

Connacher is a Calgary-based in-situ oilsands producer. Connacher’s principal asset is a 100 percent interest in Connacher’s Great Divide oil sands leases near Fort McMurray, Alberta. Connacher operates two SAGD facilities and is currently executing a development plan to increase and maintain production of approximately 23,000 bbls/day.

Responsibilities

·      Calculate and compile data required to record monthly operational, royalty and production accruals

·      Complete various reconciliations related to pipeline balancing (oil deliveries and condensate receipts) 

·      Ensure accurate recording of various monthly upstream and midstream transactions

o  Submission/approval of purchaser, condensate, royalties, and transportation invoices via Open Invoice

·      Prepare monthly cheque exchange report for expected settlements for the 25th of each month

o  Continuous dialogue with internal and external stakeholders is required to ensure the accuracy of transactions

·      Calculate monthly GFE and MRC crown royalty submissions

o  Complete necessary SOAs for signature

o  Submit required monthly and annual (EOPs and Cost of Service) royalty statements via ETS

·      Prepare and submit CARE reports:

o  Annual - CARE cost and CARE subsurface

o  Quarterly - CARE revenue

o  Maintain concise supporting documentation for amounts reported in royalty submissions

·      Co-ordinate and/or assist with royalty amendments and prepare PNCBs as required

·      Prepare monthly GORR royalty statement

·      Provide support and backup to production accounting

·      Maintain various operational/royalty Excel workbooks and FDC functionality

·      Other duties as assigned

Skills

·      Experience with SAGD operations, AER volumetrics/deadlines, and Oil Sands Royalty Regulations is preferred

·      Strong attention to detail and willingness to research new topics as issues are presented

·      Ability to manage multiple demands and consistently meet deadlines

·      Team-oriented with strong interpersonal skills and ability to develop/maintain relationships

·      Highly self-motivated and able to work with minimal supervision, with excellent written and oral communication skills

·      Familiarity with various applications is considered an asset, including:

o  Dynamics 365, Elite/XF, Open Invoice, Petrotranz, Swiftlink, Petrinix, ETS

·      Strong working knowledge of Microsoft Office (Excel, Word, PowerPoint, and Teams)

Education and Experience

·      Degree or diploma in accounting is considered an asset

• 5-10 years of progressive oil sands-related experience as it relates to financial reporting processes