JIB Senior Analyst

Houston, TX

Employment Type: Direct Category: General Accounting Job Number: 18709 Work Model: #LI-Onsite Internal Reference: #LI-JM1

Job Description

JIB Senior JIB Analyst

Requirements
  • Bachelor’s degree in Accounting, Finance or a related field
  • Oil and gas upstream industry experience
  • Generally 3-5 years of upstream JIB/AP Experience
  • Understanding of JIB and AP cycles
  • Understanding of division orders and working interests
  • Advanced Microsoft excel skills
  • Working knowledge of EnergyLink
  • Good understanding of the AP and JIB processes
  • Smart, ambitious and eager to learn
  • High level of accuracy and attention to detail
  • OpenInvoice / JIBFlow experience
  • Bolo experience.
  • Experience in processing check runs.
  • Able to multi-task, prioritize workload, and work effectively in a fast-paced team environment
Essential job functions
  • Review joint interest billing statements received from the operator to ensure accuracy and compliance with joint operating agreements (JOAs).
  • Reconcile JIB statements with internal records and general ledger accounts.
  • Analyze costs allocated by the operator to ensure they are reasonable, necessary, and in accordance with the JOA.
  • Identify and investigate any discrepancies or unusual charges.
  • Communicate with the operator and other joint venture partners to resolve billing discrepancies, disputes, and inquiries.
  • Provide detailed explanations and support to internal stakeholders regarding JIB-related matters.
  • Assist with external audits by providing necessary documentation and explanations related to non-operated joint interest billings.
  • Ensure proper documentation of all transactions and agreements related to non-operated joint ventures.
  • Identify opportunities for improving joint interest billing processes and procedures.
  • Monitor cash calls and Authorization for Expenditure (AFE) requests from the operator.
  • Ensure timely and accurate processing of cash calls and track expenditures against approved AFEs.
  • Ensure data integrity and accuracy within the accounting system.
  • Perform and review JIB account reconciliations.
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