Oil and Gas Accountant
Listed on 2026-03-12
-
Accounting
Accounts Receivable/ Collections, Financial Reporting, Accounting Manager, Senior Accountant -
Finance & Banking
Accounts Receivable/ Collections, Financial Reporting, Accounting Manager
Job Description
Our client,
****** a third‑party oil and gas exploration and production management company founded in 1987, is seeking a General Ledger Accountant with broad experience in oil and gas accounting, including joint interest billing (JIB), accounts payable, JIB receivable, and revenue distribution.
This role is ideal for a detail‑oriented accounting professional who enjoys a hands‑on environment where responsibilities span the full accounting cycle—from daily payables and receivables to monthly financial reporting. The successful candidate will support management with accurate and timely financial data while maintaining a strong focus on operational efficiency and cost control.
Key Responsibilities- Prepare and post monthly journal entries and adjustments for accruals, revenue, and expense activity.
- Process joint interest billing (JIB) each month, ensuring accuracy of allocations and coding; review partner billings for reasonableness and compliance with COPAS guidelines.
- Manage JIB receivables
, monitor outstanding balances, and follow up with partners to resolve discrepancies or payment issues. - Handle accounts payable processing, including invoice entry, coding, approval routing, and timely payments to vendors and service providers.
- Reconcile key balance sheet accounts (cash, payables, receivables, accruals, revenue, suspense, etc.) and research variances as needed.
- Assist in AFE tracking, LOE analysis, and production cost reviews to support management decisions.
- Prepare schedules and supporting documentation for monthly/quarterly close, external accountants, and auditors.
- Work collaboratively with land, engineering, and operations to ensure accurate reporting and allocations.
- Identify opportunities to streamline accounting processes and improve system efficiency.
Required
- Bachelor’s degree in accounting, finance, or related field.
- 5+ years of upstream oil and gas accounting experience, including hands‑on work with account reconciliation, JIB, and accounts payable.
- Strong understanding of COPAS and oil and gas accounting principles.
- Experience managing JIB receivables and vendor payments in an E&P environment.
- Proficiency with oil and gas accounting software (e.g.,
SSI
, Wolfepak
, OGsys
, Quorum
, or similar). - Strong Excel skills (pivot tables, lookups, reconciliations, and data analysis).
- Ability to work independently, manage multiple priorities, and meet deadlines.
- Excellent communication, problem‑solving, and organizational skills.
Preferred
- Experience managing revenue processing and distribution in an E&P environment.
- Experience in a small private E & P company or family office setting.
- Competitive salary based on experience.
- Comprehensive benefits package, including health, dental, vision, and 401(k).
- Paid time off and flexible work schedule.
- Opportunity for professional growth and direct involvement with senior management and company owners.
No relocation: only local candidates will be considered.
EOE
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