24-401.B - Non-Op JIB Accountant

Posted 2 Days Ago
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United States of America
Entry level
Energy
The Role
The Non-Op JIB Accountant is responsible for managing the monthly Joint Interest Billing (JIB) process for Non-Operated properties, ensuring compliance with accounting standards, processing invoices, and coordinating with departments to resolve billing issues. Additional duties include analyzing variances and improving processes.
Summary Generated by Built In

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.

Essential 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.
  • Adopts a continuous improvement approach aimed at enhancing processes, identifying improvements/efficiencies.
  • Remains professional, positive, determined, and focused when facing challenging situations.
  • 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.

Other Job Responsibilities:

  • Performs special projects that require knowledge of oil and gas operational accounting.
  • Maintains employee confidence and protects operations, including intellectual properties, by keeping information confidential.
  • Maintains technical knowledge by attending educational workshops and reviewing professional publications, establishing personal networks, and participating in professional associations.
  • Contributes to team effort by accomplishing related results, as needed.
  • Other duties as assigned by management.

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 establish and maintain effective working relationships with employees, managers, other departments, officials, and the public.
  • 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.

Certifications, Licenses, Registrations:

  • None

Top Skills

Energylink
MS Office
SAP
The Company
HQ: Houston, TX
1,680 Employees
On-site Workplace
Year Founded: 1989

What We Do

Hilcorp Energy Company was founded in 1989 with the vision of being the premier independent energy company in America. Today, it is now the largest privately owned oil and natural gas company in the country. Hilcorp is a company founded on the principles of innovation and entrepreneurism. Our Core Values of "integrity, urgency, ownership, alignment, and innovation"​ are central to everything we do and are fundamental to our culture.

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