JIB Accountant

Employer
Sentoria Staffing Solutions
Location
Houston, Texas
Salary
Competitive
Posted
Oct 21, 2024
Closes
Nov 01, 2024
Ref
2835310822
Focus Area
General Accounting
Role Type
Accountant
Role Level
Intermediate
Education Level
Bachelor's Degree
Work Mode
Hybrid
Employment Type
Full Time
Organization Type
Other
Responsible for handling all functions related to the monthly JIB process for the company's Non-Operated properties, while ensuring compliance with proper oil and gas accounting standards.
Job Responsibilities:

Processes inbound Non-Operated JIB invoices for payment.

Uses EnergyLink to assist in coding of JIB invoices, cross referencing Properties and AFE numbers.

Monitors and scans for errors of incoming Joint Interest Billings received on EnergyLink.

Analyzes and validates accuracy of monthly JIBs.

Learns and understands the components of the joint operating agreements.

Monitors accurate and timely payment of invoices.

Approves Non-Operated AFE's.

Prepares monthly Non-Operated LOE accruals.

Analyzes monthly Non-Operated LOE variances compared to prior month.

Coordinates with the other departments as needed to resolve any data or billing integrity issues or to clarify/interpret information or agreement terms.

Creates and maintains Non-Operated payouts.

Investigates or escalates any discrepancies and ensures thorough follow up and resolution with partners.

Ensures compliance with all governing documents including accounting standards, joint interest agreements and COPAS.

Qualifications:

(0-5) years experience in oil and gas operations accounting.

Ability to accurately solve problems and proficiency in data management including spreadsheet proficiency.

Ability to complete multiple, diverse tasks of differing priorities.

Administrative and organizational skills.

Professional written and verbal communication skills

Proficiency in the use and application of the following software:

Required: Microsoft Office (Excel, Word and Outlook). Working knowledge of oil and gas accounting systems.

Preferred: Knowledge and experience with SAP.

Preferred: Knowledge of EnergyLink (Formerly JIBLink).

Education Preference:

Bachelor's Degree from an accredited four-year university or college, or related experience.