JIB Accountant

Permian Resources Management, LLC; Midland (TX); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Equal opportunity employer

Job summary

Permian Resources is seeking a JIB Accountant in Midland, Texas. The role reports to the JIB Supervisor and focuses on recording non-operated JIBs and preparing monthly billing entries, with strong Excel and industry knowledge.

The ideal candidate will have accounting skills, an understanding of oil and gas operations, and the ability to work in Midland, TX. Bachelor’s degree and 3+ years in oil and gas accounting are preferred.

Qualifications

• Bachelor's degree in accounting, finance, or equivalent.
• 3+ years of oil & gas operational accounting experience preferred.
• Proficiency in Excel (advanced functions) and Word.

Responsibilities

• Review, code, and process non-operated JIBs with accurate coding per JOAs or COPAS.
• Prepare standard monthly JIB entries including reclass journal entries and overhead.
• Set up cost centers and AFEs; track and apply revenue netting to JIB-AR balances.
• Pull audit support and respond to working interest owner questions in a timely manner.
• Prepare monthly JIB account reconciliations by due date; participate in special projects.

Skills

Excel

Word

Analytical skills

Organizational skills

Communication skills (written)

Communication skills (verbal)

Prioritization

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Quorum accounting software

EnergyLink

AI tools

Job description

Permian Resources (NYSE: PR) is currently seeking a JIB Accountant reporting to the JIB Supervisor in Midland, Texas. This position will be responsible for 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, company owned equipment, well control insurance for D&C and producing wells, monthly overhead, and material transfers. Setup cost centers and AFEs. Understand and apply revenue netting amounts to JIB-AR balances. Track, research and reclass predrilling costs recorded to a holding AFE. 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.

Minimum Qualifications:

Strong Microsoft Office skills (Excel and Word) Strong organizational and analytical skills Perform responsibilities effectively and efficiently Superior ability to prioritize activities and meet all deadlines Strong written and verbal communication skills Must possess a strong work ethic and demonstrate a positive/flexible attitude in a fast-paced work environment Must be willing and able to work in Midland, TX

Preferred Qualifications:

Bachelor’s degree in Accounting, Finance, Business or equivalent experience 3+ years of experience in oil and gas operational accounting Quorum accounting software experience Experience utilizing AI tools and technologies to improve efficiency, automate processes, and support data analysis. EnergyLink experience

Permian Resource is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Permian Resources (NYSE: PR) is an independent oil and natural gas company focused on driving sustainable returns through the responsible acquisition, optimization and development of high-return oil and natural gas properties. The Company’s operations are focused in the Permian Basin, with assets concentrated in the core of the Delaware Basin. Permian Resources is headquartered in Midland, Texas.