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Posted on Jun 8
Newly created JIB and Accounts Payable Supervisor position. This role will manage a small team and establish new policies and procedures.
Ensure the accounting of certain aspects of JIB are completed. This includes monthly allocations, overhead calucalations, cutback entries, JIB suspense and LOE accruals.
Ensure JIB transactions are properly recorded by managing the close process, analyzing data and reviewing journal entries and reconciliations.
Support JIB audits.
Responsible for certain JIB accounting SOX controls and execution.
Determine billable vs. nonbillable treatment for various transactions.
Manage Payout accounting including completion of monthly and quarterly payout statement requirements, identification of wells reaching payout and determining the proper payout penalties are applied to each well.
Oversee the monthly LOE accrual process.
Work with the financial analysts to provide reporting on LOE.
Customer service oriented with the ability to balance competing demands.
Provide requested data to the external auditors.
Identify areas for process improvements and lead implementation of process changes.
Assist with special projects, as required.
Bachelor's degree in accounting or business-related field.
5+ years of progressive experience with accounting, financial reporting and accounting systems.
Leadership and people management skills along with the ability to interact with all departments and levels through an organization.
Experience in the oil and gas exploration and production (upstream) industry required.
Knowledgeable of COPAS and US GAAP, with specific experience in accounting systems software and month-end close processes.
Excellent written and verbal communication skills.
Strong attention to detail and the ability to reconcile large volumes of data.
Ability to communicate and work effectively with all levels of the organization
Solid organizational and analytical skills.
Prefer prior experience with SAP or other similar accounting ledger system.
Proficiency in PC based software/windows applications such as Microsoft Office products - Excel, Microsoft Outlook, Word and PowerPoint.
Ability to travel on the rare occasion.
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