• Division Order Revenue Processor

    Job ID
  • Job Description

    DCP logo



    About DCP Midstream

    DCP Midstream is the largest processor of natural gas and natural gas liquids producer ensuring the country has clean energy to warm homes, manufacture goods, and produce consumer products. We are a “must-run” company and we are committed to greater in everything we do—from operating efficiently, reliably and safely to being a responsible community partner. Headquartered in Denver, Colorado, DCP Midstream operates assets in 17 states.

    Day to Day

    Responsible for the monthly close process of royalty and working interest owner payments. Identify and coordinate resolution of payment issues. Ensure that transactions are recorded, documented, reviewed and supported in accordance with company policies and Sarbanes Oxley compliance requirements. 

    What You Will Be Responsible For

    • Allocation of lease level revenue and execution of payments utilizing Quorum’s QDOD system batch processing in accordance with monthly plant close calendar for 46 plants and two payment cycles
    • Interprets information to verify pay codes, social security/tax identification numbers and identifies current well ownership and legal descriptions
    • Reconcile and resolve all exceptions in payment variances prior to transmission, including performance of SOX controls
    • Transmission of all ACH, Wire and Check payments and customer’s online payments stubs
    • JP Morgan positive pay exceptions reviewed and resolved daily  
    • Reviews journal entries from Division Orders (QDOD) system to determine potential setup errors
    • Resolve cash management issues including; returned check & EFTs, void checks, stop payments, refunds, and manual payments
    • Analyze owner payments in suspense and take action to ensure that escheatment processes are followed in accordance with each states dormancy rules
    • Ensure all escheat transactions have proper account coding, support documentation, reviewed and recorded into PeopleSoft General Ledger in accordance with company policies in a timely manner
    • Process annual federal reports including 1099 letters to owners, 1099 file to IRS and 1042S to foreign owners
    • Develop and maintain a good rapport with producers/owners and other third parties, as well as internal marketers, gas revenue accountants, contract administration and division order analysts
    • Perform Quorum QDOD 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





    • Bachelor’s degree in finance, accounting, business administration or a similar degree field, or equivalent experience, with minimum of 0-1 years related experience
    • Aptitude to effectively learn company specific accounting and operations systems; (Quorum eSuite: QDOD, QCM and TIPS as well as PeopleSoft General Ledger)
    • Proficient in MS Office products such as Outlook, Excel and Word
    • Customer service oriented with strong written and oral communication skills
    • Preferred: Midstream industry and Division Order Revenue Processor experience

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