Division Order Analyst Job Description
Division Order Analyst Duties & Responsibilities
To write an effective division order analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included division order analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Division Order Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Division Order Analyst
List any licenses or certifications required by the position: NADOA, HADOA, AAPL
Education for Division Order Analyst
Typically a job would require a certain level of education.
Employers hiring for the division order analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and High School Degree in Business, Management, Accounting, Energy Management, Business/Administration, Law, Finance, High School Education, Economics, Education
Skills for Division Order Analyst
Desired skills for division order analyst include:
Desired experience for division order analyst includes:
Division Order Analyst Examples
Division Order Analyst Job Description
- Determine and maintain company owned interests on Non-Operated properties
- Research and document escheat issues
- Coordinates with operators regarding interest calculations, requirements for curative for ownership interests
- Responsible for analyzing title opinions and other legal documentation to determine ownership in operated and non-operated wells
- Research and resolution of revenue and JIB discrepancies while communicating with landmen and owners
- Promoting and maintaining communication with owners, partners, landmen, attorneys, and purchasers
- Research and resolution of title issues and suspense accounts and release of suspended revenue
- Responding to royalty owner inquiries in a professional and timely manner
- Work with outsources provider to ensure division of interest information is timely, accurately, consistently and properly created and maintained in company systems (QDOD, QCM and TIPS)
- Transmittal and reconciliation of cash payments including
- 1 to 5 years of Division Order Analyst experience or other industry related experience
- Experience or knowledge of Colorado, New Mexico and Texas real property law preferred
- Proficient in Enertia software or a similar oil and gas software system
- Ability to multi task and shift priorities readily
- Accounting background is preferred
- Bachelors’ degree in Law, Energy Management or Business related field recommended, or equivalent and a minimum of one (1) or more years of relevant experience with an active oil and gas exploration company
Division Order Analyst Job Description
- Transmittal of WEB customers payments stubs
- Review and resolve exceptions in payment variances
- Reconcile the transfer of journals to PeopleSoft for 9 Companies and two different pay cycles
- Resolve cash management issues including
- Develop and maintain a good rapport with producers and other third parties, internal marketers, gas revenue accountants, contract administration and outsourced division order analysts
- Perform Quorum software system testing (bugs and enhancements)
- Assist the execution of annual audit, as required
- Support and implement change and continuous improvement opportunities
- Understand the performance expectation of the team and support in the measurement and reporting of KPIs for area of responsibility
- Manage assigned geographic area by coordinating the set up and maintenance of ownership records based on title information and pooling/unitization
- Working knowledge of division order revenue distribution software
- Knowledge of legal descriptions and land title documents
- Knowledge of basic division order concepts, estates, and calculating decimal interest
- Bachelor’s degree in business or related field, or equivalent experience and training
- Bachelor’s degree in finance, accounting, business administration or a similar degree field with minimum of 5 years’ related experience at a professional level
- Aptitude to effectively learn company specific accounting and operations systems
Division Order Analyst Job Description
- Handle complex title curative issues
- Resolve revenue and joint interest billing discrepancies
- Coordinate with revenue accountants in processing revenue adjustments
- Mentor and train new division order analysts
- Work closely with land negotiators to ensure a smooth exchange of information related to division order set up, maintenance, deadlines and team goals
- Track suspense accounts for escheat reporting and escrow
- Knowledge of state and federal regulations, and standard land and legal practices to insure the timely and accurate payment of revenues is essential
- Under close supervision, analyzes ownership documents for input and maintenance of ownership systems, and prepares division orders
- Assists with research, problem solving and other assigned special projects
- Basic Microsoft Office (Word and Excel)
- Assist in preparing and/or obtaining curative items to satisfy title requirements for payment of royalty and overriding royalty burdens
- Assist in responding to verbal and written inquiries from royalty owners and/or their representatives
- Assist in analyzing and approving other companies' division orders/transfer orders for distribution
- Maintain spreadsheet of work product log
- Prepare permanent division order files
- Processes check returns and send out trace letters
Division Order Analyst Job Description
- Basic to intermediate Microsoft Office (Word and Excel)
- Prepare Production Tax Remittance and Reporting to states as appropriate
- Process Checkwrite files for various assets each month
- Develop and maintain a good rapport with producers/owners and other third parties, internal marketers, gas revenue accountants, contract administration and division order analysts
- Professionally and competently respond to producers and interest owner inquiries
- Analyze incoming documents affecting ownership interests in order to maintain ownership records
- Research and resolve title requirements for suspended interest owners
- Perform Quorum QDOD software system testing (bugs and enhancements)
- Assists producers and interest owners with inquiries, advising owners of proper procedures and requirements
- Analyze incoming documents affecting ownership interests in order to maintain ownership records with minimum assistance
- 1+ year of Division Order experience
- Perform all clerical functions required by the Department and assist with special projects as requested
- Experience in Enertia preferred
- 0-3 years minimum division order analysis experience
- Previous experience working Eagle Ford (S
- Bachelor’s Degree preferred, HS degree or equivalent required
Division Order Analyst Job Description
- Research and resolve title requirements for suspended interest owners with minimum assistance
- Research suspense accounts and title issues
- Respond to complex inquiries from producers, attorneys, and interest owners
- Act as Lead for Division Order Analyst I and II
- Help prepare training materials and procedures for Division Order team
- Assist Business Development with various acquisitions and divestitures
- Analyze and process partial and total succession assignments and name changes/mergers related to contracting parties
- Log and track assignments and name changes/mergers
- Prepare assignment worksheet and timely hand-off to Contract Analyst, and/or Division Order Analyst to update system(s) in order to meet close deadlines
- Review and validate documentation authorizing Counterparty setup in various systems
- Experience with Quorum a plus
- Ability to perform complex tasks with a high degree of accuracy and precision
- 5+ years experience in division orders or equivalent exposure in a fast-paced, dynamic environment
- Permian Basin or Texas experience a plus
- Microsoft Excel skills and familiarity with an integrated land/division order computer system
- Excellent verbal and written communication and interpersonal skills and the ability to work effectively in a team environment