Permian Resources
JIB Accounting Lead
Midland, Texas · Senior
Sponsorship not specifiedDetected 31 days ago
AccountingSAPLeadershipCommunicationProblem Solving
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odds of building a lasting career here
37Risky
Cap-exempt (no lottery)0
Sponsors this role80
Entry-level history0
PERM / green-card track0
Lottery odds40
Fits your clock70
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About the role
- Ensure compliance with COPAS accounting procedures, joint operating agreements, and internal policies.
- Review complex transactions, allocations, and corrections for accuracy and proper documentation.
- Oversee the monthly close process related to JIB, including accruals, reconciliations, and variance analysis.
Responsibilities
- Supervise day-to-day JIB accounting operations, including the preparation, review, and distribution of monthly joint interest billings to partners.
- Lead and mentor JIB team members, providing training, feedback, and development opportunities.
- Work closely with Operations, Land, and Revenue departments to resolve partner disputes and answer JIB-related inquiries.
- Monitor partner receivables, support collections, and assist with cash application issues.
- Identify and implement process improvements to increase efficiency and accuracy in JIB processes.
- Assist with audits, partner reviews, and regulatory requests.
- The JIB Lead collaborates with accounting, operations, and land departments to manage JIB processes efficiently.
Requirements
- Bachelor's degree in Accounting, Finance, or an equivalent combination of a high school diploma and relevant work experience.
- Strong knowledge of oil and gas joint venture agreements, COPAS guidelines, and JIB best practices.
- Experience working with accounting software such as SAP, Quorum, Enertia, or other JIB-related systems.
Nice to have
- 7+ years of experience in oil and gas accounting, with significant exposure to JIB accounting.
- Permian Resource is an equal opportunity employer.
- We celebrate diversity and are committed to creating an inclusive environment for all employees.
Skills
- Excellent analytical, problem-solving, and communication skills.
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This listing is sourced directly from Permian Resources's careers page and normalized into a canonical job model.