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???

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

Qualifications

• 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.
• Strong Microsoft Excel skills are required. Must be able to PIVOT and manipulate data in spreadsheets and perform VLOOKUPs.
• Successful candidates for this position must have strong analytical skills, be a self-starter and meet deadlines.
• 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.
• Experience with Bolo accounting software and JIBLink is preferred, but not required.
• Candidate must possess a Bachelor’s degree in Accounting or related area.

Responsibilities

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