JIB Accountant CO

1 month ago

denver, United States Creative Financial Staffing Full time

JIB Accountant
Location: Denver, CO
Schedule: Full-Time, 100% Onsite (Flexible Hours)

Our client, a leader in the oil & gas industry, is seeking an up-and-coming JIB Accountant to join their Denver Division operations accounting team. This is an excellent opportunity for someone looking to grow their career in a stable and seasoned team within a well-established organization.


Key Responsibilities:

The JIB Accountant will be responsible for supporting the Denver Division with various aspects of division accounting, ensuring accurate and timely processing of joint interest billings. The primary tasks include:

  • Recording Overhead Charges and Cost Allocations (30%)
    The JIB Accountant will manage overhead charges, cost allocations, and equipment billings, ensuring that all charges are properly recorded and allocated to the correct accounts. This requires close attention to detail to resolve any stranded charges and reclassify them appropriately.

  • Journal Entries, Accruals, and AFE Analysis (40%)
    The JIB Accountant will prepare journal entries, accruals, and assist in AFE (Authorization for Expenditure) analysis, ensuring all costs are accurately tracked and reflected. Understanding project accounting and working interest between partners will be crucial for success in this area.

  • Account Analysis and Joint Venture Audits (20%)
    The JIB Accountant will conduct account analysis and assist in joint venture audits, providing insights into variances and reconciling accounts as necessary.

  • Special Projects (10%)
    The JIB Accountant will take on various special projects assigned by the operations accounting team, which may involve random analyses and other tasks as they arise.


Minimum Requirements:
  • Bachelor's degree in Accounting or similar
  • 1+ years of experience in oil & gas industry accounting required
    (Experience with joint interest billings and working interest is highly preferred)
  • Proficiency in Microsoft Excel, including Pivot Tables and VLOOKUP, required
  • System savvy with a strong understanding of Microsoft Office Suite, including Teams
  • Experience with AFE setup and project accounting is a plus

Personality & Culture Fit:

The ideal JIB Accountant is a laid-back, easy-going professional who thrives in a collaborative, stable environment. Strong communication skills are essential, as this role requires working closely with operations to resolve any issues. The team is comprised of seasoned professionals with an average tenure of over 10 years, and they value a good communicator who can balance productivity with a calm demeanor.

This is a great opportunity for a JIB Accountant who wants to join a team with long-term stability, enjoy a balanced work-life schedule, and contribute to a financially sound company in the oil & gas sector. If you are system-savvy, excel-driven, and passionate about oil & gas accounting, this is the perfect role for you
#INNOV2024
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