Responsible for handling all functions related to the monthly JIB process for company Operated properties, while ensuring compliance with proper oil and gas accounting procedures (COPAS).
Essential Job Responsibilities:
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Generates joint interest billing (JIB) invoices for the company.
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Establishes and maintains cost allocations for all operated properties.
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Calculates salt water disposal (SWD) and platform fees for the company’s operated properties.
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Calculates and maintains Production Handing Agreements and Facility Use Agreements.
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Reconciles joint interest billing (JIB) and general ledger accounts.
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Establishes and maintains operated authority for expenditures (AFE’s) in Accounting System.
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Reviews and reports to management monthly variances and reasons for variance on lease operating cost.
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Calculates and records drilling, producing and major construction overhead for company operated properties.
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Creates and maintains Operated Payouts.
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Prepares manual invoices for contract services provided by the company.
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Establishes and maintains schedules for acquisition properties to properly record property allocations, SWD, Production Handling Agreements, and facility usage fees.
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Works closely with Operations for ongoing issues and attends appropriate asset team meetings on a regular basis.
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Adheres to the company’s values – integrity, ownership, urgency, alignment and innovation.
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Supports company vision and mission.
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Adheres to established work schedule, attendance standards and is punctual to work and meetings.
Other Job Responsibilities:
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Performs special projects that require knowledge of oil and gas operational accounting.
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Maintains employee confidence and protects operations, including intellectual properties, by keeping information confidential.
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Maintains technical knowledge by attending educational workshops and reviewing professional publications, establishing personal networks, and participating in professional associations.
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Contributes to team effort by accomplishing related tasks, as needed.
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Other duties as assigned by management.
Qualifications:
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Two (2) years minimum experience in oil and gas joint interest operations accounting.
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Ability to accurately solve problems and exceptional proficiency in data management including spreadsheet proficiency.
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Ability to establish and maintain effective working relationships with employees, supervisors, other departments, officials, and the public.
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Ability to complete multiple, diverse tasks of differing priorities.
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Outstanding administrative and organizational skills.
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Excellent written and verbal communication skills, with specific ability to translate complex operational information into an organized and presentable manner.
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Proficiency in the use and application of the following software:
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Required: Microsoft Office (Excel, Word and Outlook). Working knowledge of oil and gas accounting systems.
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Preferred: Specific knowledge and experience with Enertia ERP and SAP
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Preferred: Knowledge of EnergyLink (Formerly JIBLink)
Education Requirements:
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Bachelor’s Degree from an accredited four-year university or college.
