Joint Interest Billing (JIB) Accountant
Description
· Execute monthly Joint Interest Billing (JIB) close process
· Bill out OEE (Operating Expense and Equipment) insurance costs
· Overhead accounting for drilling, completion, and major construction projects
· Create and upload journal entries including payroll, correcting, and reclassification entries
· Enter and apply cash receipts
· Perform monthly account reconciliations
· Update allocation groups and cost centers
· Handle the AFE (Authorization for Expenditure) reclass process
· Process and document material transfers across field and vendor locations
· Assist with joint interest partner audits and respond to audit inquiries
· Prepare and post quarterly Asset Retirement Obligation (ARO) entries
· Perform physical inventory counts at field and vendor sites
· Support interim and year-end financial audit processes with documentation and reconciliations
· Collaborate with Operations, Land, and Financial Reporting departments to resolve discrepancies
· Identify and recommend process improvements in accounting workflows
· Ensure compliance with internal controls and company accounting policies
· Maintain accurate and complete documentation to support journal entries and account balances
· Lead special projects as required.