Contract to hire JIB accountant

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Salary: $30 - $42 per hour

Our client is one of the largest independent crude oil and natural gas exploration and production companies in the U.S. The company focuses on identifying, developing, and producing oil and gas reserves, primarily in shale and unconventional reservoirs. The client operates across major U.S. oil and gas basins. Their strategy emphasizes operational efficiency, low costs, and technological innovation in drilling and completions.

Our client is known for its strong focus on horizontal drilling and hydraulic fracturing techniques to unlock unconventional oil and gas resources. The company has also prioritized environmental responsibility by reducing greenhouse gas emissions, water usage, and land impact in its operations. As part of its strategy, our client seeks to deliver long-term shareholder value through sustainable, disciplined growth, aiming to return excess cash flow to investors while maintaining a strong balance sheet.

• medical
• dental
• vision
• 401k
• sick leave

Job Summary: We are seeking a detail-oriented and experienced JIB Accountant to join our accounting team. The ideal candidate will be responsible for assisting with various accounting tasks, including recording overhead charges, cost allocations, equipment billings, reclassifying journal entries, accruals, and performing AFE (Authorization for Expenditure) analysis. This position requires a strong understanding of joint interest billing and a solid accounting background.

Key Responsibilities:

Assist with recording and reconciling overhead charges, ensuring accurate allocation to appropriate cost centers.

Perform cost allocations, ensuring that costs are properly distributed according to company policies and accounting standards.

Manage equipment billings, preparing invoices and supporting documentation for joint interest partners.

Prepare and post reclassing journal entries to ensure proper account classification and accuracy.

Handle month-end accruals, ensuring accurate financial reporting and proper period cut-off.

Conduct detailed AFE analysis to monitor and evaluate actual costs versus budgeted amounts.

Assist with resolving partner inquiries and disputes related to joint interest billings and cost allocations.

Collaborate with other accounting team members to ensure timely and accurate financial reporting.

Participate in the month-end and year-end close processes as needed.

Support internal and external audits by providing necessary documentation and explanations.

Qualifications:

Bachelor’s degree in Accounting, Finance, or a related field.

3+ years of accounting experience, preferably in the oil and gas industry.

Strong understanding of Joint Interest Billing (JIB) processes and principles.

Proficiency in accounting software (experience with oil and gas accounting software is a plus).

Advanced Excel skills (pivot tables, VLOOKUPs, etc.).

Excellent analytical and problem-solving abilities.

Strong attention to detail and organizational skills.

Ability to communicate effectively with internal teams and external partners.

Preferred Qualifications:

Experience with AFE analysis and cost tracking in oil and gas projects.

Familiarity with oilfield equipment billing processes.

CPA or other relevant certifications are a plus.

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