Senior Operational Accountant (JIB & Cash Application)
Houston, TX
The Opportunity
Ready to take true ownership of a critical function inside a fast-growing oil & gas company? We're looking for a Senior Operational Accountant to be the driving force behind joint interest billing (JIB) and cash application across multiple entities. This isn't a "stay in your lane" role — you'll run full-cycle JIB and operational accounting, lead hands-on cash application, untangle complex reconciling items, and hit the ground running to close monthly cash reconciliations ahead of the fifth workday, every time. As a senior contributor, you'll shape journal entries and reconciliations, lead joint venture audits, become the go-to JOA/COPAS expert, mentor the next wave of accountants, and help build the processes and controls that scale with a growing multi-entity operation.
What You'll Own
- Take the wheel on day-to-day JIB processing for operated and non-operated properties — including revenue processing and analysis.
- Prepare and review journal entries, monthly overhead entries, and cost allocations (insurance, overhead, technology, and more).
- Own account reconciliations, payout statements, AR balance transfers, and complex AP transactions.
- Drive the AFE process — monitoring, project assignment, and repair activity tracking.
- Lead and coordinate operated JV audits conducted by non-operated partners.
- Be the trusted resource for JOA, COPAS, and land matters, fielding partner/owner inquiries via EnergyLink, phone, and email.
Cash Application & Banking
- Apply incoming cash across JIB/AR, revenue, and miscellaneous receipts — fast, accurate, and across multiple entities.
- Track daily banking activity through banking portals and produce sharp daily cash activity reports.
- Categorize and deposit incoming checks; process and book cash clearing entries for operated revenue.
- Execute payroll funding, intercompany transfers, and related cash entries.
- Keep things clean — void stale checks and maintain airtight documentation.
Month-End & Reconciliations
- Reconcile cash accounts for every entity, every month — done before the fifth workday, no excuses.
- Chase down variances and resolve complex reconciling items with speed and precision.
- Run the monthly close and check runs for assigned companies, backed by sharp supporting schedules and analysis.
Controls, Compliance & Support
- Champion compliance across JIB, cash, and banking activities.
- Keep audit-ready documentation as a way of life, not an afterthought.
- Own annual and recurring projects — 1099s, suspense release, unclaimed property reporting, insurance renewal, and property tax renditions.
- Be the point person for ad valorem (property) tax, partnering with third-party outsourcing providers.
- Mentor junior accountants and step in as backup across JIB, revenue, and cash functions — building the team as you go.
What You Bring
- OGSYS accounting software experience.
- Bachelor's degree in Accounting, Finance, or related field.
- 5+ years of oil and gas operational accounting experience, with real hands-on JIB and cash application chops.
- 1099 preparation and reporting experience.
- Solid command of JIB, JOAs, and COPAS accounting procedures.
- Proven cash application expertise — applying receipts, solving reconciling puzzles, and closing out reconciliations across multiple entities.
- Proficiency with EnergyLink and DocVue (or similar JIB/document management systems).
- Sharp Excel skills and an eye for detail.
- Confident communicator who can engage professionally with partners, owners, and internal stakeholders.
Bonus Points
- Experience mentoring or guiding junior accountants.
- Track record coordinating and hosting joint venture audits.
- Background supporting acquisition due diligence, final settlement statement review, and system conversions (e.g., ODA, OpenInvoice).
- Experience with non-operated property accounting and analysis.
- CPA or actively working toward it.
Want me to save this as a formatted Word doc for posting or sharing?