JIB Accountant

Company: Permian Resources
Location: Midland
Posted on: May 21, 2023

Job Description:

Permian Resources (NYSE: PR) is currently seeking a JIB Accountant. Reporting to the JIB Supervisor, the JIB Accountant will have general JIB accounting duties such as recording non-operated JIBs and preparing monthly billing entries. The ideal candidate will have certain accounting skills, an understanding of the oil and gas industry, and proficient Microsoft Excel skills.General Responsibilities:Review, code, and process non-operated JIBs. This includes: i) verifying that coding is accurate and that all costs being billed are allowable per joint operating agreements ("JOAs") or COPAS, ii) disputing items that are not allowable, iii) making inquiries of the Operator for any inaccuracies, and iv) identifying and communicating any WI discrepancies to appropriate personnel.Prepare standard monthly JIB entries, including but not limited to: reclass journal entries, monthly supervision and overhead, and material transfers.Maintain monthly allocations within Quorum.Track prepayments/cash calls made to and received from non-operators and apply prepayments to appropriate JIBs.Apply payments to working interest owners' accounts.Review and research aged AR balances, and make inquiries of working interest owners regarding non-payments.Assist with inventory counts and reconciliation to Quorum.Update and maintain overhead rate schedule.Pull audit support, as needed.Assist in answering working interest owner questions timely and accurately.Prepare monthly JIB account reconciliations by due date.Provide support for special projects and perform other duties as assigned.Position Requirements:Ability to maintain a positive/flexible attitude in a fast-paced, teamwork environment.Bachelor's degree in Accounting, Finance, Business or equivalent experience is required.Minimum of 1 year of experience in oil and gas, preferably in JIB accounting.Quorum accounting software experience, preferred but not required.EnergyLink experience, preferred but not required.Microsoft Office proficiency required (Excel and Word).Strong organizational and analytical skills.Ability to prioritize activities and meet deadlines.Strong written and verbal communication skills.Must possess a strong work ethic.

Keywords: Permian Resources, Midland , JIB Accountant, Accounting, Auditing , Midland, Texas