JIB Accounting Lead

General Responsibilities

• Supervise day-to-day JIB accounting operations, including the preparation, review, and distribution of monthly joint interest billings to partners.
• Ensure compliance with COPAS accounting procedures, joint operating agreements, and internal policies.
• Review complex transactions, allocations, and corrections for accuracy and proper documentation.
• Lead and mentor JIB team members, providing training, feedback, and development opportunities.
• Oversee the monthly close process related to JIB, including accruals, reconciliations, and variance analysis.
• Work closely with Operations, Land, and Revenue departments to resolve partner disputes and answer JIB-related inquiries.
• Monitor partner receivables, support collections, and assist with cash application issues.
• Identify and implement process improvements to increase efficiency and accuracy in JIB processes.
• Assist with audits, partner reviews, and regulatory requests.
• Provide management with regular reporting and analysis of JIB activities and variances.

Minimum Qualifications

• Bachelor’s degree in Accounting, Finance, or an equivalent combination of a high school diploma and relevant work experience.
• Strong knowledge of oil and gas joint venture agreements, COPAS guidelines, and JIB best practices.
• Experience working with accounting software such as SAP, Quorum, Enertia, or other JIB-related systems.
• Excellent analytical, problem-solving, and communication skills.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Strong leadership and team management abilities.

Preferred Qualifications

• 7+ years of experience in oil and gas accounting, with significant exposure to JIB accounting.
• Experience utilizing AI tools and technologies to improve efficiency, automate processes, and support data analysis.