JIB/ Property Manager for Offshore Northside 110K

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Blue Player Job OverviewCompany: Robert Half Finance & Accounting U.S.Location: US-TX-HoustonBase Pay: $95,000 - $115,000 /YearEmployee Type: Full-TimeIndustry: Accounting - Finance
Banking - Financial ServicesManages Others: Not SpecifiedJob Type: Accounting
FinanceReq'd Education: 4 Year DegreeReq'd Experience: At least 10 year(s)Req'd Travel: Not SpecifiedRelocation Covered: Not Specified Contact: RecruiterPhone: 713-339-1610Fax: 713-339-9614 Ref ID: 04130-114394 Job DescriptionClassification:  Accounting Supervisor/Mgr/Dir

Compensation:  $95,000.00 to $115,000.00 per year

An offshore E&P company located in North Houston is adding a JIB and Property Manager to their team due to a retirement. Responsibilities include:
Operations Accounting transaction processing, including revenue processing, distributions and collections, JIB processing, invoicing and collections, vendor payments, production tax reporting and payments, etc. Monthly close process, including revenue, production tax, accounts payable, and joint interest.
AP Accounting: Code and record all accounts payable invoices, including intercompany charges, process checks and distribute.
Property Accounting: Account for suspended exploratory wells, unproved property and pay-out accounting.
Inventory: Account for all movement of controllable equipment from inventory to well and well to inventory.
AFE Accounting: Input AFE data into the system, record monthly capital accruals, and prepare monthly reports for operational personnel.
Joint Interest Accounting: Review operating agreements, manage joint interest receivable balances, record drilling/producing overhead, prepare lease operating accruals, and prepare boat/helicopter accruals
Thorough knowledge of COPAS guidelines.
Preparation, review and analysis of monthly account reconciliations.
Communications with Operations and Executive Management.
SOX compliance for all related processes.
Audit coordination for related Operations Accounting matters.
Process efficiencies and effectiveness.
Manage staff of ten employees.
Ideal candidate will have a Bachelor Degree in Accounting, CPA preferred. 10 years experience in the oil and gas specifically with Joint Interest Billing and Property Accounting for Offshore wells. Knowledge of Bolo Accounting System is a plus.
Compensation is up to 115K plus 15% bonus
For confidential consideration please forward your resume to karen.

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