JIB Accountant

CFS; Spring (TX); On-site; USD 65,000 - 90,000; Full time

Job summary

CFS in The Woodlands, TX is seeking an accountant to join the Joint Interest Accounting team. This role requires a degreed accountant with 2–3 years in Oil & Gas JIB accounting, strong Excel skills (Pivot, VLOOKUP), and solid analytical abilities.

Communication with partners at all levels and teamwork are essential. Ideal candidates will have knowledge of JIBLink or similar systems; a Bachelor’s degree in Accounting or related field is required.

Qualifications

• Requires degreed accountant with 2–3 years in Oil & Gas accounting, JIB emphasis.
• Proficient in Excel with Pivot and VLOOKUP.
• Strong analytical skills, self-starter, and able to meet deadlines.
• Excellent verbal and written communication; able to interact with partners at all levels; team oriented.
• Experience with Bolo and JIBLink preferred but not required.
• Bachelor’s degree in Accounting or related field.

Responsibilities

• Actively participate in monthly JIB close for assigned operating companies.
• Analyze LOE data and prepare monthly accruals.
• Analyze daily summaries and production data to book overhead expense.
• Respond to WI owners and inquiries from internal parties.
• Review and rebill JIB division of interest as necessary.
• Generate JIB invoices and ensure timely mailings.
• Process non-op joint interest billings for assigned partners.
• Reconciliation of partner receivables.
• Prepare monthly journal entries as required.
• Audit bills to ensure accurate payments.
• Review and interpret joint operating agreements as needed.
• Other projects as assigned.

Skills

Excel

Analytical skills

Self-starter

Team player

Communication

Education

Bachelor’s degree in Accounting or related area

Tools

Bolo

JIBLink

Job description

This accountant position is located in The Woodlands, TX as a key member of the Joint Interest Accounting team.

Why work for this company???

• Midsize O&G company with a family oriented work culture
• Opportunity to grow within the company
• On Site Workout Facility & Trainer
• Lucrative Compensation Package

Qualifications

• This position requires a degreed Accountant with a minimum of 2 to 3 years of Oil & Gas Accounting experience with an emphasis in JIB accounting.
• Strong Microsoft Excel skills are required. Must be able to PIVOT and manipulate data in spreadsheets and perform VLOOKUPs.
• Successful candidates for this position must have strong analytical skills, be a self-starter and meet deadlines.
• This position requires strong verbal and written communication skills, the ability to interact effectively with partners at all levels of the organization, and the ability to work as part of a team.
• Experience with Bolo accounting software and JIBLink is preferred, but not required.
• Candidate must possess a Bachelor’s degree in Accounting or related area.

Responsibilities

• Actively participate in monthly JIB close process for assigned operating companies.
• Analyze LOE data and prepare monthly accruals.
• Analyze daily summaries and production data to book overhead expense.
• Respond to WI owners as well as inquiries from internal parties.
• Review and rebill JIB division of interest as necessary.
• Generate joint interest billing (JIB) invoices and ensure timely mailings.
• Process non-op joint interest billings for assigned partners.
• Reconciliation of partner receivables.
• Prepare monthly journal entries as required.
• Audit bills to ensure accurate payments.
• Review and interpret joint operating agreements as needed.
• Other projects as assigned.