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24-341.B4 - JIB Accountant

Hilcorp Energy Company
United States, Texas, Houston
1111 Travis Street (Show on map)
Dec 15, 2024
Job Objective:
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:

  • Generates joint interest billing (JIB) invoices for the company.
  • Establishes and maintains cost allocations for all operated properties.
  • Calculates salt water disposal (SWD) and platform fees for the company's operated properties.
  • Calculates and maintains Production Handing Agreements and Facility Use Agreements.
  • Reconciles joint interest billing (JIB) and general ledger accounts.
  • Establishes and maintains operated authority for expenditures (AFE's) in Accounting System.
  • Reviews and reports to management monthly variances and reasons for variance on lease operating cost.
  • Calculates and records drilling, producing and major construction overhead for company operated properties.
  • Creates and maintains Operated Payouts.
  • Prepares manual invoices for contract services provided by the company.
  • Establishes and maintains schedules for acquisition properties to properly record property allocations, SWD, Production Handling Agreements, and facility usage fees.
  • Works closely with Operations for ongoing issues and attends appropriate asset team meetings on a regular basis.
  • 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 tasks, as needed.
  • Other duties as assigned by management.

Qualifications:

  • Two (2) years minimum experience in oil and gas joint interest operations accounting.
  • Ability to accurately solve problems and exceptional proficiency in data management including spreadsheet proficiency.
  • Travel to Anchorage Corporate Office and Alaska Fields 3-4 times per year
  • Ability to establish and maintain effective working relationships with employees, supervisors, other departments, officials, and the public.
  • Ability to complete multiple, diverse tasks of differing priorities.
  • Outstanding administrative and organizational skills.
  • Excellent written and verbal communication skills, with specific ability to translate complex operational information into an organized and presentable manner.
  • Proficiency in the use and application of the following software:
    • Required: Microsoft Office (Excel, Word and Outlook). Working knowledge of oil and gas accounting systems.
    • Preferred: Specific knowledge and experience with SAP
    • Preferred: Knowledge of EnergyLink (Formerly JIBLink)

Education Requirements:

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