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POSITION DESCRIPTION MINISTRY OF FINANCE POSITION TITLE: REPORTING STRUCTURE OFFICER POSITION NUMBER(S): 34345 DIVISION: Revenue Division Section SUPERVISOR’S TITLE: Mineral Oil and Gas Revenue Branch LOCATION: Victoria Manager Revenue Operations POSITION NUMBER: PHONE NUMBER: SUPERVISOR’S CLASSIFICATION: Business Leader For Agency Use Only Approved Classification: NOC Code: Class Code: Entered By: Phone number: 94637 PROGRAM The Revenue Division identifies and collects amounts owed to government through fair, efficient and effective tax administration and revenue management processes. The Ministry manages the collection of revenue by encouraging voluntary constituent payments through education, assistance, audit, compliance and collection activities for the revenue in relation to statutes it directly administers and, increasingly, statutes administered by other ministries. The Mineral, Oil and Gas Revenue Branch administers parts of the Petroleum and Natural Gas Act relating to royalties and freehold production tax, the Mineral Tax Act, the Mineral Land Tax Act and the cost recovery levies under the Oil and Gas Commission (OGC) Levy Regulation and the Mine Inspection Fee under the Mines Fee Regulation. The Branch publicizes and explains provisions of the legislation and regulations, collects and reports on royalties and taxes and verifies the accuracy of payments made and issues assessments as required. PURPOSE OF POSITION The Reporting Structure Officer controls and maintains royalty payers’ ownership interests in oil and gas wells in Royalty Management System (PRMS) database. The Officer is responsible for maintaining the registration of royalty payers and the royalty payer account structure. The Officer is also responsible for managing royalty credit balances for deep gas wells. NATURE OF WORK AND POSITION LINKS Oil and Gas royalties represent a significant flow of income for the province and the timely collection and investment of those monies can result in income loss or gain depending upon the accuracy of the system. Ownership of oil and gas facilities may be split among several entities and are continually changing. The Officer must track the changing ownership and ensure that all ownership interests are accounted for in all production months in the royalty assessment process. Ownership changes often occur through acquisitions and mergers of companies and the Officer must understand changes that have occurred in corporate relationships over time. Credits and well statuses used for encouraging the development of less accessible reserves must be vetted and the Officer’s interpretation of the Act will be challenged as companies try to maximize their profits. The Officer uses knowledge of royalty management procedures and PRMS to describe, evaluate and recommend improvements in PRMS. Industry Revenue and Production Accountants – Interpret the Act and ensure understanding of all reporting requirements under the Petroleum and Natural Gas Act and its royalty regulation; Reporting Officers – define reporting procedures and report formats REPORTING STRUCTURE OFFICER PN: 34345 JULY 2016 1/3 SPECIFIC ACCOUNTABILITIES Determine reporting responsibilities for oil and gas royalties based on working interests in wells by: 1. Recording ownership and changes of ownership of wells and ensuring invoicing of royalties corresponds to the registry; 2. Preparing and reconciling the ownership integrity report and clarifying apportionment if multiple owners are involved; Maintain and ensure the accuracy of the royalty payment structure database by: 1. Ensuring consistency with legislation by reviewing reports from industry and requirements of unitization agreements with respect to ownership of wells and production; 2. Reviewing and analyzing the relationships between wells, facilities, unitized operations and royalty payers and contacting industry to resolve discrepancies; 3. Making database corrections as required, documenting the changes and communicating changes to all parties affected by the errors. 4. Deciding how much penalty to assess when Reporting Interest Statements are not filed by industry on time. 5. Maintaining the royalty payer database by issuing new codes and modifying names and addresses; Manage royalty credits (road and infrastructure, marginal wells, deep gas wells, discovery wells) by: 1. Tracking incoming requests for credits and confirming supporting documentation; 2. Managing the amount of credit for each deep gas well and allocating a share of the credit to each royalty payer with an ownership interest in the well, and transferring unused credits between royalty payers when ownership interests change; 3. Investigating information related to the determination of whether wells qualify for marginal and ultra-marginal status and deciding whether status may be safely granted during the qualifying period and whether status should be withheld. 4. Communicating with industry and resolving problems related to amounts, transfers and claiming of credits and the status of wells. Maintain the Royalty Management System Database by: 1. Assisting with development of business practices related to database management and efficiency in processing data; 2. Ensuring branch staff and other client database users are advised of changes; 3. Writing and managing system change requests, preparing analyses of costs and benefits of changes, recommending and prioritizing changes. 4. Assisting with user testing of changes FINANCIAL RESPONSIBILITY Authorizes penalties up to $6,000 for late filing of Reporting Interest Statements. Affects royalties payable by and income of royalty payers by determining effective dates of ownership of wells and amounts of incentive credits available to royalty payers. REPORTING STRUCTURE OFFICER PN: 34345 JULY 2016 2/3 SELECTION CRITERIA Education and related experience: Completion of accounting course work towards a certificate or diploma such as the Government Financial Management Certificate Program or the Canadian Association of Petroleum Production Accounting plus two (2) years related experience. Related experience includes: Two (2) years (within the last 2- 3 years) applying regulations, policies and/or legislation; Two (2) years (within the last 2- 3 years) managing relationships with multiple stakeholders with diverse interests; One (1) year (within the last 2- 3 years) of experience using Information Systems i.e. program delivery data base, etc. Microsoft Office (Word - at an intermediate level); Excel – at an advanced level; Preference may be given to those applicants with tax or royalty administration experience Preference may be given to applicants with experience in the oil and gas sector. NOTE; A Criminal Record Check is required. COMPETENCIES Results Orientation – is a concern for surpassing a standard of excellence. The standard may be one’s own past performance (striving for improvement); an objective measure (achievement orientation); challenging goals that one has set; or even improving or surpassing what has already been done (continuous improvement). Service Orientation - implies a desire to identify and serve customers/clients, who may include the public, co-workers, other branches/divisions, other ministries/agencies, other government organizations and non-government organizations. It means focusing one’s efforts on discovering and meeting the needs of the customer/client. Teamwork and Co-operation – is the ability to work co-operatively within diverse teams, work groups and across the organization to achieve group and organization goals. It includes the desire and ability to understand and respond effectively to other people from diverse backgrounds with diverse views. Analytical Thinking – is the ability to comprehend a situation by breaking it down into its components and identifying key or underlying complex issues. It implies the ability to systematically organize and compare the various aspects of a problem or situation, and determine cause-and-effect relationships (“if…then…”) to resolve problems in a sound, decisive manner. Checks to ensure the validity or accuracy of all information. Self-Control is the ability to keep one's emotions under control and restrain negative actions when provoked, faced with opposition or hostility from others, or when working under stress. It also includes the ability to maintain stamina under continuing stress. Innovation indicates an effort to improve performance by doing or promoting new things, such as introducing a previously unknown or untried solution or procedure to the specific area or organization. Flexibility is the ability and willingness to adapt to and work effectively within a variety of diverse situations, and with diverse individuals or groups. Flexibility entails understanding and appreciating different and opposing perspectives on an issue, adapting one's approach as situations change and accepting changes within one's own job or organization. REPORTING STRUCTURE OFFICER PN: 34345 JULY 2016 3/3