Tech, Payout Accounting

Accounting Oklahoma City, Oklahoma

Job Summary

This position requires a working knowledge of Joint Interest and Revenue Accounting practices in the oil and gas industry. The Accounting Tech will work with the Payout Accounting team to create and audit well payouts  


  • Tracking of Inside and Outside Operated Well Payouts
  • Create spreadsheets for tracking well payouts.
  • Maintain payout spreadsheets until well pays out.
  • Utilize SAP Payout program for automated payout tracking and distribution
  • Provide regular payout statements to owners
  • Regularly review the expenses and revenue of wells to ensure accuracy of payout statements
  • Maintain electronic well files for payout statements
  • Work with the land department regarding ownership issues
  • Obtain approval from management at payout
  • Send out notification to all departments designated for handling after payout
  • Receives inquiries from owners regarding payout status
  • Contact operators to request a current payout statement on OSO wells.
  • Provide reports to management as to the status of the tracking and payouts, as requested.
  • Other duties as assigned


  • Strong communication skills, both written and oral
  • Proficient computer skills, including MS Word and Excel, knowledge of SAP preferred; and
  • Proven team player


  • Associate’s degree in Accounting, Finance or Business preferred;
  • At least three (3) years of oil and gas industry experience;
  • Working knowledge of Joint Interest and Revenue accounting practices;
  • An acceptable pre-employment background and drug screen