JIB Accountant

This accountant position is located in The Woodlands, TX as a key member of the Joint Interest Accounting team.

Why work for this company???

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• Midsize O&G company with a family oriented work culture
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• Opportunity to grow within the company
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• On Site Workout Facility & Trainer
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• Lucrative Compensation Package
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QUALIFICATIONS

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• This position requires a degreed Accountant with a minimum of 2 to 3 years of Oil & Gas Accounting experience with an emphasis in JIB accounting.
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• Strong Microsoft Excel skills are required. Must be able to PIVOT and manipulate data in spreadsheets and perform VLOOKUPs.
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• Successful candidates for this position must have strong analytical skills, be a self-starter and meet deadlines.
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• This position requires strong verbal and written communication skills, the ability to interact effectively with partners at all levels of the organization, and the ability to work as part of a team.
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• Experience with Bolo accounting software and JIBLink is preferred, but not required.
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• Candidate must possess a Bachelor’s degree in Accounting or related area.
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RESPONSIBILITIES

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• Actively participate in monthly JIB close process for assigned operating companies.
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• Analyze LOE data and prepare monthly accruals.
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• Analyze daily summaries and production data to book overhead expense.
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• Respond to WI owners as well as inquiries from internal parties.
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• Review and rebill JIB division of interest as necessary.
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• Generate joint interest billing (JIB) invoices and ensure timely mailings.
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• Process non-op joint interest billings for assigned partners.
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• Reconciliation of partner receivables.
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• Prepare monthly journal entries as required.
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• Audit bills to ensure accurate payments.
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• Review and interpret joint operating agreements as needed.
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• Other projects as assigned.
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