Senior Financial Marketing Analyst (Houston, Midland or Austin)

FLSA Status

Exempt

Earliest Start Date

Immediately

Salary

Salary commensurate with experience

Hours per Week

40 hours weekly

Hiring Department

University Lands

Required Application Materials

A resume is required to apply. Candidates under final consideration will also be required to submit professional references, college degree information, and employment history to an online third-party vendor.

About Us

For more than 140 years, The University of Texas System has improved the lives of Texans - and people all over the world - through education, health care, and research. The System consists of nine academic institutions, four health institutions, and The University of Texas System Administration. The institutions of the UT System employ more than 160,000 faculty, health care professionals, researchers, support staff, and student workers.

The UT System Administration is primarily based in Austin, Texas. It supports the missions of the System's thirteen institutions by providing financial, legal, planning, purchasing, government relations, communications, development, and other central services. Serving a growing state, the UT System Administration strives to provide a welcoming, supportive work environment that embraces different perspectives - not only because it enables the organization to be stronger, creative, and thoughtful, but because it is the right thing to do. To that end, UT System Administration embraces state laws on military and former foster children employment preferences.

Purpose of Position

Leads the planning, performance, reporting and follow-up of royalty audits and compliance along with other assigned projects and tasks, under limited supervision. This position is responsible for ensuring the accuracy and integrity of oil and gas production and royalty data submitted by operators on University Lands. This role plays a critical part in safeguarding the financial interests of the Permanent University Fund (PUF) by auditing reported volumes, validating royalty payments, and ensuring compliance with lease agreements, Board for Lease Rules and the Texas Education Code. The selected candidate will be responsible for evaluating revenue enhancement opportunities and performing analytical assignments as needed including but not limited to commodity prices, modeling purchase agreement settlement terms and implementing the go forward royalty valuation resulting from royalty settlement agreements.

Essential Functions

• Lead royalty audits, with limited supervision, and may independently lead routine or less complex projects.
• Identifies appropriate operator contacts, prepares meeting agendas and related questions, demonstrates effective listening skills to gather information, and provides focused and reliable information to team members.
• Lead the planning of royalty audits and may assist in conducting research to obtain background information. Identifies risks during planning and fieldwork with limited supervision. Develops audit objectives, scope, and work programs.
• Analyze production and royalty reporting for discrepancies and anomalies regarding volumes and values. This includes a detailed review of operator run statements, percent of proceeds statements, purchaser contracts, and production reports to ensure compliance with University Lands' lease agreements, Board for Lease Rules, and the Texas Education Code.
• Work with University Lands' Oil & Gas Analysts and operators to ensure reporting issues are corrected. This process will include analytical research and reconciling ledger balances to verify that appropriate royalties have been received.
• Performs fieldwork activities and conducts operator interviews and other interactions independently or under limited supervision.
• Documents work performed, prepares workpapers and other communications in a clear, concise, organized, and accurate manner. Arrives at supportable conclusions based on sufficient evidence documented in the working papers.
• Independently documents initial observations and recommendations to Audit Team. Under limited supervision, communicates timely with clients to ensure identified issues are accurate.
• Prepares draft audit reports with applicable observations and recommendations.
• Sets deadlines for the assigned tasks and monitors own time to meet project deadlines. Timely communicates status to team. Provides clear direction to all team members on their assignments, encourages input from all team members, and provides evaluative feedback to team members in a timely manner.
• May lead complex projects or participate in investigations under appropriate supervision.
• Research and evaluate revenue enhancement opportunities.
• Proactively collaborate with operators to ensure compliance with University Lands' rules and regulations.
• Special projects arise periodically, and the Senior Financial Marketing Analyst must have the ability to prioritize tasks with a focus on providing customer service while meeting the timely completion requirements of any special project.
• Other duties as assigned.

Knowledge, Skills & Abilities

Required Qualifications

Preferred Qualifications

Working Conditions

Additional Information

The retirement plan for this position is Teacher Retirement System of Texas (TRS), subject to a minimum of 20 hours per week and at least 135 days in length. Participation in TRS is mandatory.

A background check will be conducted on candidates under final consideration. The background check may include any or all of the following : criminal history check, prior employment verification, education verification, professional references check, and motor vehicle records check. Background checks are conducted by third-party vendors. Upon request form the third-party vendor, candidates under final consideration must provide the required information for the background checks to be completed.

EO / AA Statement

The University of Texas System Administration is committed to providing equal employment opportunity for all qualified applicants and employees in all terms and conditions of employment. U. T. System will provide equal employment opportunity to all qualified persons and will not discriminate on the basis of race, color, sex, sexual orientation, gender identity / expression, pregnancy, religion, national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by federal or state laws.

For information on accommodations for individuals with disabilities, please contact the Office of Talent and Innovation at oti@utsystem.edu .