JIB Accountant

$58,000 - $65,000/Yr

Sojourner Drilling - Abilene, TX

Full-time - Mid Level

Abilene, TX

Oil and Gas Extraction

About the position

The JIB Accountant position at Sojourner Drilling Corp in Abilene, Texas, is a full-time role focused on ensuring accurate joint interest billing and financial reporting for oil and gas operations. The successful candidate will play a crucial role in maintaining financial accuracy and regulatory compliance while collaborating with various stakeholders within a dynamic team environment.

Responsibilities

• Prepare, review, and distribute accurate and timely joint interest billings (JIB) in accordance with industry standards and contractual agreements.
• Ensure all JIB entries comply with the applicable agreements and accurately reflect operational costs.
• Reconcile JIB accounts, investigate and resolve discrepancies, and provide detailed reports as needed.
• Maintain and monitor JIB receivables, work closely with partners on collections, and resolve any billing disputes.
• Collaborate with operations, revenue accounting, and project teams to capture and allocate costs correctly.
• Assist with monthly close processes and ensure compliance with company policies and regulatory requirements.
• Support audit processes and respond to partner inquiries related to joint interest transactions.

Requirements

• Bachelor's degree in Accounting, Finance, or related field.
• 3+ years of accounting experience in the oil and gas industry, with a focus on JIB or joint interest accounting.
• Strong understanding of oil and gas accounting principles, joint operating agreements (JOAs).
• Proficiency in accounting software (experience with systems such as WolfePak preferred).
• Excellent attention to detail, organizational, and analytical skills.
• Effective communication skills, with the ability to interact professionally with partners and stakeholders.