24-460.A - JIB Accountant
24-460.A - JIB Accountant
Greater Houston
full timeOn-site
Oil and Gas
About This Job
Job Objective
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
•
Generates joint interest billing (JIB) invoices for the company.
•
Establishes and maintains cost allocations for all operated properties.
•
Calculates and maintains Production Handing Agreements and Facility Use Agreements.
•
Reconciles joint interest billing (JIB) and general ledger accounts.
•
Establishes and maintains operated authority for expenditures (AFE’s) in Accounting System.
•
Reviews and reports to management monthly variances and reasons for variance on lease operating cost.
•
Calculates and records drilling, producing and major construction overhead for company operated properties.
•
Prepares manual invoices for contract services provided by the company.
•
Establishes and maintains schedules for acquisition properties to properly record property allocations, SWD, Production Handling Agreements, and facility usage fees.
•
Works closely with Operations for ongoing issues and attends appropriate asset team meetings on a regular basis.
•
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.
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