JIB Accountant

Job Description:

Permian Resources (NYSE: PR) is currently seeking a JIB Accountant reporting to the JIB Supervisor in Midland, Texas. This position will be responsible for general JIB accounting duties such as recording non-operated JIBs and preparing monthly billing entries. The ideal candidate will have certain accounting skills, an understanding of the oil and gas industry, and proficient Microsoft Excel skills.

General Responsibilities: 

• Review, code, and process non-operated JIBs. This includes: i) verifying that coding is accurate and that all costs being billed are allowable per joint operating agreements (“JOAs”) or COPAS, ii) disputing items that are not allowable, iii) making inquiries of the Operator for any inaccuracies, and iv) identifying and communicating any WI discrepancies to appropriate personnel.

• Prepare standard monthly JIB entries, including but not limited to reclass journal entries, company owned equipment, well control insurance for D&C and producing wells, monthly overhead, and material transfers.

• Setup cost centers and AFEs.

• Understand and apply revenue netting amounts to JIB-AR balances.

• Track, research and reclass predrilling costs recorded to a holding AFE.

• Pull audit support, as needed.

• Assist in answering working interest owner questions timely and accurately.

• Prepare monthly JIB account reconciliations by due date.

• Provide support for special projects and perform other duties as assigned.

Minimum Qualifications:

• Strong Microsoft Office skills (Excel and Word)

• Strong organizational and analytical skills

• Perform responsibilities effectively and efficiently

• Superior ability to prioritize activities and meet all deadlines

• Strong written and verbal communication skills

• Must possess a strong work ethic and demonstrate a positive/flexible attitude in a fast-paced work environment

• Must be willing and able to work in Midland, TX

Preferred Qualifications:

• Bachelor’s degree in Accounting, Finance, Business or equivalent experience

• 3+ years of experience in oil and gas operational accounting

• Quorum accounting software experience

• Experience utilizing AI tools and technologies to improve efficiency, automate processes, and support data analysis.

• EnergyLink experience

Permian Resource is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.