Supervisor, Royalties & Regulatory

Saturn Oil & Gas Inc. is a growing Canadian energy company focused on generating positive shareholder returns through the continued responsible development of high-quality, light oil weighted assets, supported by an acquisition strategy that targets highly accretive, complementary opportunities. We have assembled an attractive portfolio of free-cash flowing, low-decline operated assets in Central Alberta, Southeastern Saskatchewan and West Central Saskatchewan that provide a deep inventory of long-term economic drilling opportunities across multiple zones. With an unwavering commitment to building an entrepreneurial and ESG-focused culture, Saturn’s goal is to increase per share reserves, production and cash flow at an attractive return on invested capital. We proudly integrate the protection of the environment, ethical and fair treatment of our employees and stakeholders, and strive to be at the forefront of what it means to be a good corporate citizen.

Saturn has an opportunity for a full time Supervisor, Royalties & Regulatory based in the Calgary, Alberta office. Reporting to the Controller, some specific duties, and responsibilities of the Supervisor, Royalties & Regulatory include, but are not limited to:

• Supervise and participate-in the activities of the Royalty and Regulatory team responsible for Alberta and Saskatchewan crown and non-crown royalty management, gas cost allowance, IOGC, compensatory and NPI royalties as well as freehold mineral tax, C* reporting and Saskatchewan surcharge calculations.
• Oversee recording of royalty income from third parties and the royalty accrual process.
• Review and approve the non-crown royalty cheque run
• File monthly Saskatchewan Fuel Tax returns
• Perform marketing accounting entries for pooling agreements.
• Reconcile and file all T5- and NR4-related reporting requirements.
• Oversee royalty setups on all new wells and manage changes to existing royalties.
• Assist with research, analysis and reporting as required
• Perform monthly account reconciliations
• Review and post royalty team’s entries in Qbyte and complete correcting journal entries as required.
• Assist treasury function with cash forecasting as it pertains to royalty income and payments.
• Ensure that vendor queries and audit inquiries are satisfied in an appropriate timeframe.
• Complete the annual EVAP process including presenting to management and uploading submissions.
• Work within a highly structured deadline driven environment
• Other responsibilities as directed by the Controller
  
  

Candidates for this position will possess the following qualifications and competencies:

• Working knowledge of basic accounting concepts is a must, post-secondary education and previous leadership experience in Oil & Gas production or royalty accounting environment preferred
• Accounting degree or designation preferred.
• Extensive knowledge of royalty encumbrances, royalty relief programs, and remittance obligations
• Systems experience with Qbyte FM, CS Land, Metrix, EDI Viewer and good working knowledge of Petrinex and Microsoft Office products
• Strong interpersonal skills with an ability to clearly communicate thoughts on complex issues
• Strong problem solving and analytical skills
• Ability to work in a dynamic team environment
• Take direction and follow through in a timely and professional manner.
  
  

If you are interested in joining our rapidly growing organization, please submit your cover letter and resume.

Saturn’s people drive our success. We offer an inclusive work environment where we embrace a diversity of people, thinking and ideas and a culture that supports personal and professional development. We want to thank all applicants for their interest in this role, however, only those considered for interviews will be contacted .