Oversee the JIB Accounting team in activities related to the company’s JIB processes, ensuring accurate and timely billing to joint venture partners, and maintaining compliance with joint operating agreements and industry standards.
Essential Job Responsibilities:
- Manages responsibilities within the JIB department, including account reconciliations, payouts, invoices, issuance of monthly JIB statements to WI partners and review of non-operated JIB statements, etc.
- Reviews monthly JIB allocation for operated and non-operated properties, and the associated journal entries.
- Reviews financial statement impact, including LOS
- Manages the joint operating agreement (JOA) accounting procedures for overhead rates and escalation clauses to ensure correct amounts chargeable to the joint account for producing, drilling, construction, and catastrophe overhead.
- Work with other working interest owners to address questions and concerns as they arise
- Develop, train, and coach team for the betterment of the individual, department, and company
- Manages the review of monthly allocation decks for booking of lease operating expense to identify accounting impact of joint interest billing deck changes
- Work closely with operations to provide accurate and timely reporting as well as address questions and concerns as they arise.
- Support operations with project requests as needed.
- Work on special projects as needed, including acquisition and divestiture activities.
Other Job Responsibilities:
- Adheres to the company’s values – integrity, ownership, urgency, alignment, and innovation.
- Supports company vision and mission.
- Adheres to established work schedule, attendance standards and is punctual to work and meetings.
- Ability to remain professional, positive, determined, and focused when facing challenging situations.
- Maintains employee confidence and protects company assets, including intellectual property, by keeping information confidential.
- Contributes to team effort by accomplishing related results as needed.
- Other duties as assigned by management.
Qualifications:
- 8 years in oil and gas experience preferred with 3 years of managerial experience.
- Ability to accurately solve problems and exceptional proficiency in data management
- Ability to establish and maintain effective working relationships with employees, supervisors, other departments, officials, and the public.
- Ability to complete multiple, diverse tasks of differing priorities.
- Excellent written and verbal communication skills, with specific ability to translate complex operational information into an organized and presentable manner.
- Outstanding management, administrative, and organizational skills.
- Proficiency in the use and application of the following software:Required: Microsoft Office (Excel, Word, and Outlook).Preferred: Working knowledge of oil & gas accounting systems.
Education Requirements:
- Required: Bachelor’s Degree from an accredited four-year university or college with a degree in mathematics, business, accounting, finance, or related field.
- Preferred: Master in Business Administration (MBA)
Certifications, Licenses, Registrations:
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