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Compensation Grade
ONS-USD-33Who We Are
INEOS Energy
INEOS Energy is the energy division of INEOS, a multinational chemical company that operates across a variety of industries including petrochemicals, specialty chemicals, and oil and gas. The business was established in 2020 to oversee the company's growing portfolio of energy-related businesses, which includes exploration and production, as well as trading of oil and gas.
The company's exploration and production activities focus on onshore and offshore oil and gas assets in the North Sea, in the UK, Denmark and USA. In recent years, it has made investments in low-carbon technologies, including Carbon Capture and Storage, and hydrogen.
INEOS Energy leads a consortium which completed the world’s first cross border offshore carbon capture and storage project. The Greensand project has potential sequestration volumes of 1.5 million tons of CO2 per year by 2025, increasing to a potential 8 million tons of CO2 per year by 2030.
INEOS is also part of a consortium of eleven companies that support the large-scale deployment of carbon capture and storage (CCS) technology in Houston, Texas. The potential storage capacity in the Houston area alone could lead to capturing and safely storing up to 50 million metric tons of CO2 per year by 2030 and about 100 million metric tons by 2040.
INEOS is involved in several projects to develop demand for hydrogen, replacing existing carbon-based sources of energy, feedstocks and fuel. It expects to develop further partnerships with leading organizations involved in the development of new applications.
The company has also pledged to reduce its carbon footprint and achieve net-zero emissions by 2050.
About the job
Job Title: Staff Revenue Accountant
Department: Accounting
Summary of Position
As a Revenue Accountant at INEOS Energy, you will be an integral member of our dedicated accounting team. This role will support the revenue team with the opportunity to learn all aspects of oil and gas revenue accounting. The revenue accountant will be responsible for all non-operated revenue processing, severance tax activities, gas balancing, and revenue check maintenance. Additionally, this position involves handling owner inquiries and supporting cross-functional collaboration with other internal teams.
The ideal candidate will demonstrate a continuous improvement mindset and a desire to grow within a dynamic and supportive team environment. This position offers an exceptional opportunity to develop specialized accounting skills within the oil and gas industry.
Primary Job Responsibilities
- Support the revenue accounting team with the opportunity to learn all aspects of oil and gas revenue accounting.
- Ensure the accurate and timely recording of revenue related to non-operated properties
- Collaborate effectively with internal departments to resolve ownership discrepancies related to non-operated revenue
- Ensure compliance with regulatory requirements, including preparation and submission of severance tax filings and timely payments
- Reconcile revenue, royalty, and tax accounts, and investigate variances to ensure accuracy and completeness
- Track and validate Gas Balancing.
- Assist in the development of a market intelligence program to better understand non-operated data associated with realized pricing and operating costs and its application to the company’s performance.
- Take ownership of revenue check processes, including voids, reissues, and clearing of checks
- Respond to owner inquiries and coordinate with Land, Production, and Operations teams to resolve issues
- Assist team members as needed and provide support on special projects
- Continuously evaluate and suggest improvements to existing revenue accounting processes
Education & Experience:
Required
- Bachelor’s degree in Accounting or Finance from an accredited institution or equivalent experience
- 1-5 years of relevant accounting experience; internships in oil and gas revenue accounting are highly regarded.
- Strong analytical skills with exceptional attention to detail and accuracy.
- Proficiency in Microsoft Excel, including the ability to work with complex spreadsheets and formulas.
- Excellent written and verbal communication skills, with the ability to interact professionally with internal teams and external stakeholders.
- Demonstrated ability to manage time effectively, prioritize tasks, and meet deadlines in a dynamic environment.
- A proactive and results-oriented mindset.
Preferred
- Experience with oil and gas accounting software (e.g., SAP PRA,).
- Familiarity with oil and gas revenue processes, such as royalty payments, division orders, and regulatory reporting.
- An aptitude for identifying and suggesting process improvements.
- Basic knowledge of SQL or other data querying tools.
Travel & Additional Requirements:
- Work Location: Work is performed in a professional office environment located in downtown Denver, Colorado.
- Travel may be required to field locations as needed, estimated to be <5%.
- INEOS is committed to maintaining a drug-free workplace. All offers of employment to successful candidates will be contingent upon satisfactory completion of a pre-employment background check and drug screen.
Relocation:
Preference will be given to qualified candidates currently residing in the Denver metropolitan area.
Work Authorization:
INEOS USA Oil & Gas LLC is not currently sponsoring employment visas for this position. Applicants must be legally authorized to work in the United States.
Compensation & Benefits
Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to the Colorado Equal Pay for Equal Work Act (EPEWA) and Equal Pay Transparency Rules. It is estimated based on what a successful Colorado applicant might be paid. It assumes that the successful candidate will be in Colorado or perform the position from Colorado. Similar positions located outside of Colorado will not necessarily receive the same compensation.
Compensation:
The expected salary range for this position is $70,000 - $90,000 annually. The final offer will be determined based on the candidate's experience, qualifications, skills, and other relevant factors. In addition to base salary, this role will be eligible for generous short-term based incentive programs, full details of which will be provided to candidates during the interview process. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2.
Benefits:
INEOS USA Oil & Gas LLC offers a comprehensive benefits package, including health insurance, paid time off, retirement plan, and other benefits. Details of the benefits package will be provided to candidates during the interview process.