Financial Regulatory Compliance Analyst

TEKsystems
$30.00 - $80.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, Oklahoma, Bartlesville
Nov 10, 2024
Our Client is seeking a Senior Analyst who will play a critical oversight role in managing the production and regulatory functions handled by third-party service providers ensuring accurate and timely reconciliation of lease crude tickets and regulatory reporting. This position is responsible for ensuring data integrity compliance with state and federal regulations and effective coordination between internal teams and external service providers. The role focuses on overseeing outsourced activities and ensuring quality control in crude oil transaction management and reporting. Key Responsibilities: * Monitor and coordinate with Opportune to ensure timely accurate processing of lease crude tickets and compliance with state and federal regulations for tax and royalty reporting. * Ensure the accuracy of lease crude ticket entries by overseeing regular reconciliations against production reports pipeline statements and third-party data-Escalate and resolve issues related to ticket discrepancies missing or incomplete data. * Supervise the preparation submission and approval of regulatory reports ensuring adherence to state and federal requirements. Verify data integrity in EIA and transporter reports and monitor compliance with deadlines for submission. * General Ledger Reconciliations and SAP Oversight ensuring the accuracy of monthly and quarterly general ledger reconciliations for SAP accounts via BlackLine software and monitor general ledger accounts and complete clearings. * Tax Compliance Monitoring - regularly review and ensure the timely update of tax rates within the system in coordination with relevant departments ensuring compliance with the latest tax laws and regulations. * Performance Monitoring and Escalation to oversee managed provider performance metrics analyze root causes of issues and drive remediation strategies to improve process quality and efficiency. Required Qualifications: - Bachelor's degree in Accounting Finance or a related field. - Extensive experience in regulatory reporting and compliance for crude oil purchasing specific to tax and royalty reporting. - Proficient in Accounting principles. - Strong knowledge of SAP and BlackLine. - Proficient in Microsoft Excel and data management tools. - Crude Oil First Purchaser acumen. - Experience in managing outsourced operations. - BOLO system understanding. This will be a 12-month contract and if eligible, the benefits available for this temporary role may include the following: * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave * Email resumes in the MS Word format with all-inclusive W2 hourly contract rate to be considered. Candidate must be willing to submit to Post-Offer, Pre-Employment drug test and background** check.* About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.