Regulatory Accounting Supervisor at Talos Energy

DESCRIPTION:

The Regulatory Accounting Supervisor is responsible for overseeing federal and state royalty and severance tax reporting, ensuring compliance with all regulatory requirements, and leading audit and inquiry processes. This role provides leadership to the regulatory accounting function, ensuring accurate, timely reporting and fostering strong cross-functional collaboration.

DUTIES & RESPONSIBILITIES:

Oversee accurate and timely reporting and payment of federal royalties (ONRR)
Ensure compliance with applicable federal regulations and reporting requirements
Supervise preparation and submission of state royalty reports and payments
Monitor regulatory changes and ensure ongoing compliance
Oversee calculation, reporting, and payment of severance taxes across applicable jurisdictions
Ensure accuracy and completeness of filings
Lead coordination and response for federal and state audits (including ONRR)
Review audit findings, develop responses, and manage resolution of issues
Manage internal and external data requests, including regulatory inquiries
Ensure alignment between production reporting, revenue accounting, and regulatory filings
Support preliminary determinations and provide subject matter expertise
Monitor, review, and resolve penalty and interest assessments
Identify root causes and implement corrective actions to mitigate future exposure
Ensure reconciliation of all general ledger accounts related to royalties and severance taxes
Maintain compliance with SOX and internal control requirements
Lead, mentor, and develop regulatory accounting staff
Establish priorities, review work, and ensure deadlines and quality standards are met
Drive continuous improvement and process efficiencies within the function
Own and maintain regulatory accounting policies, procedures, and documentation

EDUCATION & EXPERIENCE:

Bachelor’s degree in Accounting, Finance, or related field
8–12+ years of oil & gas regulatory/revenue accounting experience
Prior leadership or supervisory experience
Strong experience with ONRR reporting, audits, and regulatory compliance
Deep understanding of federal and state royalty and severance tax regulations
Familiarity with regulatory reporting systems and state/federal portals such as ONRR’s eCommerce Portal

QUALIFICATIONS & SKILLS:

Strong leadership and team development capabilities
Advanced analytical and problem-solving skills
High attention to detail and accuracy
Ability to manage multiple priorities in a fast-paced environment
Strong communication and stakeholder management skills
Advanced Excel skills; experience with BOLO preferred

CERTIFICATES & LICENSES:

There are no certificates, licenses or registrations required for this position.

PHYSICAL REQUIREMENTS:

Employee must be able to sit for extended periods of time and have use of arms and hands in repetitive motion. A fair amount of standing and walking is also required for the position.

Life at Talos Energy

Talos Energy is an independent oil and gas company formed in 2012. Our expertise is exploring and producing offshore hydrocarbons in the US Gulf of Mexico region as well as offshore Mexico. Talos was formed in partnership with Apollo Global Management and Riverstone Holdings for the purposes of buying assets in the Gulf Coast and Gulf of Mexico regions with emphasis on asset optimization, exploitation, and exploration in and around our assets. Talos also engages in business development activities that include JV's and farm-in's where we utilize our 10.2 million acres of seismic inventory to optimize the economics of a transaction.

Talos Energy's management team has built and sold two previous private equity backed companies - Phoenix Exploration and Gryphon Exploration - and in each instance delivered significant returns to their investors. As a cohesive group working together for over a decade, the management team has a track record of enhancing mature fields by using innovative techniques to develop a valuable portfolio of investment opportunities that results in a significant exploration and production company.

Thrive Here & What We Value

Collaborative environment

Proactive self-development

Demanding and flexible schedule

Strong work relationships with vendors, contractors, and internal staff

Continuous improvement initiatives

Technical support and training for end-users and stakeholders

Integrity and ethical decision-making

Asset optimization and exploration

International travel requirement

Regulatory Accounting Supervisor