Revenue Distribution Analyst

NGL Energy Partners - Tulsa, OK

Full-time

Tulsa, OK

Gasoline Stations and Fuel Dealers

About the position

The Revenue Distribution Analyst position at NGL Energy Partners LP is a full-time role based in Tulsa, OK, responsible for the accurate and timely preparation and payment of revenues to various owner types. This includes managing the monthly revenue settlement process, ensuring compliance with state severance tax regulations, and handling unclaimed property matters. The analyst will track and follow up on funds due to the company from prior period adjustments, verify information for 1099 processing, and calculate interest for accruals and payments. Additionally, the role involves preparing and printing settlement checks, processing state severance tax reports, and mailing due diligence letters for dormant funds. The analyst will also assist the Revenue Distribution Manager in reporting unclaimed property and reconciling monthly checks, while maintaining ethical integrity and regular attendance at the worksite. The position requires strong analytical skills to perform a series of revenue and royalty-related activities from initial well production through the life of the well. Proficiency in Microsoft Office applications is essential, along with excellent customer service, interpersonal, and communication skills. The analyst must be able to multi-task, meet deadlines, and pay high attention to detail. Familiarity with date-sensitive RDS systems or Solar Right Angle is a plus, as is experience with Wolfepak software. The role demands a high level of initiative to improve efficiencies and a commitment to working safely at all times. The analyst will be expected to maintain open communication with supervisors and co-workers, demonstrating integrity and consistency in all job aspects.

Responsibilities

• Responsible for the monthly revenue settlement process.
• Track and follow progress of recouping funds due to the company caused by prior period adjustments.
• Verify information for 1099 processing and reporting.
• Calculate interest for accruals and payments.
• Prepare and print the settlement checks and facilitate the mailing of such.
• Prepare all State Severance Tax reports and process payments for approval from the Revenue Distribution Manager.
• Prepare other royalty reporting requirements, as necessary.
• Mail monthly due diligence letters for dormant funds susceptible to unclaimed property.
• Aid the Revenue Distribution Manager in reporting unclaimed property.
• Help the Revenue Distribution Manager with the monthly check reconciliation.
• Escalate issues to the Revenue Distribution Manager, as necessary.
• Copy Revenue Distribution Manager on all email correspondence, reports, and other important details that could have a significant impact on the team or department.

Requirements

• Bachelor's degree in accounting or equivalent combination of education and/or experience in division order/revenue distribution accounting is required.
• 1 - 3 years of accounting experience in revenue is preferred.
• Strong analytical skills required to perform a series of analytical and revenue/royalty-related activities.
• Proficiency in Microsoft Office applications is required.
• Excellent customer service, interpersonal, and communication skills.
• Ability to multi-task and meet deadlines with high attention to detail.
• Working knowledge of date sensitive RDS system / Solar Right Angle is a plus.
• Must possess strong problem-solving skills.
• Must demonstrate a high level of initiative to improve efficiencies.

Nice-to-haves

• Experience with Wolfepak software is preferred.
• Experience with an RDS is preferred.