Remote Joint Venture Accountant – Oil & Gas

Murphy Oil Corporation; Houston (TX); Hybrid; USD 85,000 - 120,000; Full time

Job summary

Murphy Oil Corporation in Houston seeks a Joint Venture Accountant to manage month-end close, JV cost recovery initiatives, and partner communications. The role requires strong Excel skills and SAP JVA/CO experience. Hybrid work option allows 2 days remote weekly.

The candidate should demonstrate the ability to learn quickly, improve processes, and maintain a solid control environment. Collaboration with Land, Operations, and Finance is essential.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• Minimum 5 years’ experience in Joint Venture and/ or Operations accounting in oil and gas.
• SAP JVA/CO module experience (cost center, equity group, JOA, distribution cycle and etc.).
• Familiar with operating agreements for US operations (onshore & offshore).
• Excellent Microsoft Excel knowledge.

Responsibilities

• Manage month-end joint venture close processes for US operating entities and related key controls.
• Compute company labor billable hourly rates for global use annually.
• Support internal time writing processes and reporting.
• Calculate and track operated and non-op payouts for US properties.
• Advise proper overhead setup and expense deck for new AFE's in the US.
• Perform joint venture accounting related balance sheet reconciliations and follow-ups.
• Maintain joint venture master data and manage necessary ownership adjustments.
• Build schedules and journals related to reallocation, billability, and overhead adjustments as required.
• Scrutinize and process non-operated US joint interest bills.
• Assist on partner and JV audit inquiries pertaining to US properties.
• Work on various cost recovery efforts as opportunities arise.
• Ensure compliance of all tasks with relevant accounting standards and SOX controls.
• Contribute to process streamlining and automation projects, and work with IT on user testing.

Skills

Joint Venture accounting

Operations accounting

Microsoft Excel

Education

Bachelor’s degree in Accounting or Finance

Tools

SAP JVA/CO module

Power BI

Power Automate

Job description

Murphy Oil Corporation in Houston seeks a Joint Venture Accountant to manage month-end close, JV cost recovery initiatives, and partner communications. The role requires strong Excel skills and SAP JVA/CO experience. Hybrid work option allows 2 days remote weekly.

The candidate should demonstrate the ability to learn quickly, improve processes, and maintain a solid control environment. Collaboration with Land, Operations, and Finance is essential.