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Oil & Gas Accountant -JIB- Accounts Payable

Tulsa, OK
Senior Accountant - Accounts Payable
South Tulsa

Small Oil & Gas company seeking a Joint Interest Billing (JIB)/Accounts Payable Accountant with a deep understanding of the JIB process, exceptional financial and analytical skills and extreme attention to detail to process Accounts Payable and run monthly Joint Interest Billing Process.
Accounts Payable –
  • Process vendor invoices on a daily basis.
  • Review invoices for appropriate cost coding, well information and required signatures on each field ticket.
  • Manage the movement of invoices to the appropriate workflow for approval and payment.
  • Establish AP procedures and documentation.
  • Spearhead implementation of AP imaging/workflow and JIB data exchange/workflow software.
Joint Interest Billing -
  • Process and analyze AFE's and operating expenses.
  • Identify and calculate drilling, construction and operating overhead per JOA.
  • Analyze and calculate allocation of operator expense for JIB billing.
  • Actively participate in monthly closing processes to ensure timely and accurate billings to Partners.
  • Respond to WI Owner inquiries as well as internal customers.
  • Review JIB Division of Interests and rebill as needed.
  • Post-closing variance analysis and reporting.
  • Develop financial reports that provide budget managers with the details necessary to understand the day to day operations on the business on a level granular enough to base solid capital allocation decisions.
  • Assist with monthly expense reporting and analysis.
  • Provide financial analysis around capital expenditures.
  • Bachelor's degree in accounting or business-related field.
  • 5+years of experience in O&G AP/JIB accounting.
  • Proficiency in Excel, Access, Microsoft Outlook, Word and PowerPoint.
  • Proven Energetic/Self-starter/Change agent who can provide value to operating groups.

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