Non Operated JIB Accountant

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Job ID#: 43698

Non-Operated Joint Interest Billing (JIB) Accountant Needed ASAP
Great Downtown Houston location
Contract to hire
 

Core Responsibilities

• Invoice Processing & Coding: Receive, review, and process inbound non-operated JIB invoices and cash calls using platforms like EnergyLink (formerly JIBLink), cross-referencing property and AFE (Authorization for Expenditure) numbers.
• Compliance & Auditing: Validate expenses against terms in the Joint Operating Agreements (JOAs) and COPAS guidelines to verify that billed costs are allowable.
• Dispute & Exception Management: Identify billing errors, working interest (WI) discrepancies, or unallowable charges, and formally dispute or escalate them with outside operators.
• Month-End Close & Accruals: Prepare monthly non-operated Lease Operating Expense (LOE) accruals, analyze monthly LOE variances, and update joint venture general ledger (JV GL) account reconciliations.
• Payouts & Reconciliations: Create and maintain non-operated payout calculations and apply revenue netting amounts to JIB accounts receivable (AR) balances.
• Cross-Functional Collaboration: Partner with land, operations, engineering, and finance teams to clarify agreement terms, resolve data integrity issues, and support audit requests.

Typical Qualifications & Skills

• Education: Bachelor’s degree in Accounting, Finance, or a related business field.
• Experience: Generally 1+ years of oil and gas accounting experience (specifically focused on non-operated JIB or revenue accounting).
• Technical Software: Proficiency in Microsoft Excel (VLOOKUPs, pivot tables, financial analysis), ERP systems (such as SAP, BOLO, or Excalibur), and EnergyLink.
• Industry Knowledge: Understanding of oil and gas terminology, Working Interest (WI), AFE tracking, and COPAS accounting procedures.

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