Our Downtown Houston, TX client is in need of a JIB Supervisor for a Direct Hire opportunity.
Major Job Tasks and Responsibilities:
The ideal candidate will have Joint Venture Accounting experience as well as strong supervisory skills.
This position reports to the Accounting Manager and will supervise the collection and disbursement of funds with partners as dictated by contracts.
In addition, this position will ensure proper accounting procedures are maintained by the accounting staff.
A professional who has upstream experience with an exploration operator would be the optimal background.
Primary responsibilities include:
Supervising the Joint Interest Staff
Overseeing all joint interest related functions including DOI maintenance, allocations, overhead, and salary
and mileage distribution
Oversee the monthly accrual of Ad Valorem Taxes
Oversee the processing of non-operated Joint Interest Billings
Oversee the preparation of company operated JIB’s and the subsequent collection of JIB receivables
Assisting Treasury Department with proper coding of cash receipts related to JIB Receivables
Ensure that monthly reconciliation of all Joint Venture related accounts is performed on a timely basis
Coordinating the monthly close for JIB
Coordinate all joint venture audits including preparing written responses to all exceptions.
Review and approve all AFE’s for upload into the system
Performing monthly LOE and Capital variance analysis
Prepare the monthly Capital and LOE accruals
Preparing audit schedules and responding to audit questions for quarterly and year-end statutory audits
Gathering and reviewing data necessary for divestures packages
Job Requirements:
B.S. in Accounting or Business, required; CPA, preferred
10 – 15 years of Oil and Gas related experience in Joint Interest Accounting
A strong understanding of COPAS guidelines
Proven ability to organize and meet monthly deadlines and goals
Excellent computer skills including MS Office, Excalibur or other accounting software programs
Please visit us on the web at www.frontlinesourcegroup.com
INTERESTED? CLICK HERE TO APPLY!
Equal Opportunity Employer, M/F/V/D. Candidates must have authorization to work in the U.S. Clients will not sponsor visas.
Frontline Source Group™ is one of the fastest growing Information Technology, Accounting, Legal, Human Resources, Administrative, and Clerical staffing and direct hire firms with offices throughout Texas (Arlington, Austin, Dallas, Fort Worth, Plano, Houston Galleria, Lewisville, West Houston, San Antonio, Sugar Land, and The Woodlands), Tennessee (Nashville and Brentwood), and Arizona (Phoenix and Scottsdale).
Frontline specializes in matching top talent with companies for direct, contract, and contract-to-hire placements. We work with clients and candidates in all areas of the United States and Canada.