Accountant - AR-JIB

Posted Yesterday
Be an Early Applicant
73102, Oklahoma City, OK, USA
In-Office
Junior
Energy
The Role
Manage non-operated joint interest billing (JIB) processes: review JIBs for COPAS compliance, apply cash receipts, manage AR activity and aging, resolve billing discrepancies, support month-end close and reconciliations, liaise with operators and internal teams, and drive process improvements.
Summary Generated by Built In
Job Summary

Flywheel Energy is a rapidly growing private oil and gas company focused on Building momentum where it matters. We are seeking a highly skilled Accountant, Accounts Receivable/Joint Interest Billing to join our Accounting team. This role is critical in managing joint interest billing processes, ensuring accuracy in cost allocation, and supporting financial reporting and audit activities. The ideal candidate will be detail oriented, collaborative, and motivated to drive efficiency through process improvements and use of technology.

Key Responsibilities
  • Process and review non-operated Joint Interest Billings (JIBs) for accuracy, completeness, and compliance with JOAs and COPAS guidelines 
  • Apply cash receipts accurately and timely to the correct owners, properties, and invoices 
  • Manage accounts receivable activity for the basin assigned, including open items, unapplied cash, and aging 
  • Research and resolve variances, discrepancies, and billing errors with operators 
  • Serve as a primary point of contact for operator inquiries, owner questions, and payment related communications 
  • Track, document, and follow up on non op billing disputes and under/overpayments 
  • Assist with month end close activities, including accruals, reclasses, and balance sheet reconciliations 
  • Coordinate with Land, AP, Revenue, and Treasury teams as needed 
  • Identify process improvement opportunities related to non op billing and workflows

 

QualificationsRequired Qualifications
  • 2+ years of accounting experience (oil & gas preferred). 

  • Advanced Excel skills (logical/lookup formulas, pivots, handling large datasets)

  • Strong understanding of COPAS and operating agreements

  • Strong attention to detail and accuracy. 

  •  

    Ability to handle high volume processing in a fast paced environment.

Preferred Qualifications
  • Bachelor's degree in Accounting, Finance, or related field (or equivalent experience)
  • Experience with EnergyLink, OpenInvoice, SQL, and W Energy
  • Experience with acquisitions and process development

Skills Required

  • 2+ years of accounting experience (oil & gas preferred)
  • Advanced Excel skills (logical/lookup formulas, pivots, handling large datasets)
  • Strong understanding of COPAS and operating agreements
  • Strong attention to detail and accuracy
  • Ability to handle high volume processing in a fast paced environment
  • Bachelor's degree in Accounting, Finance, or related field (or equivalent experience)
  • Experience with EnergyLink, OpenInvoice, SQL, and W Energy
  • Experience with acquisitions and process development
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
Oklahoma City, OK
130 Employees

What We Do

Valorem is a privately held oil and natural gas exploration and production company based in Oklahoma City, OK.

Similar Jobs

Optum Logo Optum

Registered Nurse

Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
In-Office
Broken Arrow, OK, USA
160000 Employees
31-82 Hourly

Boeing Logo Boeing

Mid-Level Manufacturing Planner

Aerospace • Information Technology • Software • Cybersecurity • Design • Defense • Manufacturing
In-Office
Tulsa, OK, USA
170000 Employees
72K-110K Annually

Boeing Logo Boeing

Manufacturing General Multi Function

Aerospace • Information Technology • Software • Cybersecurity • Design • Defense • Manufacturing
In-Office
Tulsa, OK, USA
170000 Employees
123K-189K Annually

Boeing Logo Boeing

Lead Structural DaDT Analysis Engineer

Aerospace • Information Technology • Software • Cybersecurity • Design • Defense • Manufacturing
In-Office
Oklahoma City, OK, USA
170000 Employees

Similar Companies Hiring

UL Solutions Thumbnail
Automotive • Professional Services • Software • Consulting • Energy • Chemical • Renewable Energy
Chicago, IL
15000 Employees
Runwise Thumbnail
Greentech • Hardware • Real Estate • Software • Energy • PropTech
New York, NY
199 Employees
Energy CX Thumbnail
Greentech • Professional Services • Business Intelligence • Consulting • Energy • Financial Services • Utilities
Chicago, IL
108 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account