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Non-Op JIB Accountant
Non-Op JIB AccountantHilcorp • Houston, TX, United States
Non-Op JIB Accountant

Non-Op JIB Accountant

Hilcorp • Houston, TX, United States
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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 :

  • Processes inbound Non-Operated JIB invoices for payment.
  • Uses EnergyLink to assist in coding of JIB invoices, cross referencing Properties and AFE numbers.
  • Monitors and scans for errors of incoming Joint Interest Billings received on EnergyLink.
  • Analyzes and validates accuracy of monthly JIBs.
  • Learns and understands the components of the joint operating agreements.
  • Monitors accurate and timely payment of invoices.
  • Approves Non-Operated AFE's.
  • Prepares monthly Non-Operated LOE accruals.
  • Analyzes monthly Non-Operated LOE variances compared to prior month.
  • Coordinates with the other departments as needed to resolve any data or billing integrity issues or to clarify / interpret information or agreement terms.
  • Creates and maintains Non-Operated payouts.
  • Investigates or escalates any discrepancies and ensures thorough follow up and resolution with partners.
  • Updates the JV GL account reconciliations monthly.
  • Ensures compliance with all governing documents including accounting standards, joint interest agreements and COPAS.
  • Adopts a continuous improvement approach aimed at enhancing processes, identifying improvements / efficiencies.
  • Remains professional, positive, determined, and focused when facing challenging situations.
  • Adheres to the company's values - integrity, ownership, urgency, alignment and innovation.
  • Supports company vision and mission.
  • Adheres to established work schedule, attendance standards, and is punctual to work and meetings.

Other Job Responsibilities :

  • 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.
  • Contributes to team effort by accomplishing related results, as needed.
  • Other duties as assigned by management.
  • Qualifications :

  • (0-5) years experience in oil and gas operations accounting.
  • Ability to accurately solve problems and proficiency in data management including spreadsheet proficiency.
  • Ability to establish and maintain effective working relationships with employees, managers, other departments, officials, and the public.
  • Ability to complete multiple, diverse tasks of differing priorities.
  • Administrative and organizational skills.
  • Professional written and verbal communication skills
  • Proficiency in the use and application of the following software :
  • Required : Microsoft Office (Excel, Word and Outlook). Working knowledge of oil and gasaccounting systems.

  • Preferred : Knowledge and experience with SAP.
  • Preferred : Knowledge of EnergyLink (Formerly JIBLink).
  • Education Preference :

  • Bachelor's Degree from an accredited four-year university or college, or related experience.
  • Certifications, Licenses, Registrations :

  • None
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