Revenue & Jib Accountant Ii

Company Description:

A privately held exploration and production company, Hunt Oil has successfully conducted worldwide operations for over 80 years. Hunt Oil Company strives to be a growth-oriented industry leader respected throughout the world for the quality and competency of its people, the efficiency and scope of its operations, and its rich heritage of honesty and integrity.

Position Summary:

A successful candidate for the position will be an organized, self-driven, proactive, and detail-oriented team contributor who will deliver quality, timely results. The position will assist the Revenue Accounting and Joint Interest Billing Department across multiple areas of activity and responsibility and play an important role in proactively ensuring the Company’s operational accounting requirements are completed with precision and accuracy. The role will help to identify process improvements and automations and participate in initiatives to improve accuracy and efficiency of the Revenue & JIB Accounting team.

Responsibilities:

• Prepare and process joint interest billing invoices for working interest owners (operated and non-operated) and related parties.
• Monitor, record, and reconcile entries primarily for non-operated revenue properties.
• Daily cash application of revenue & JIB cash receipts, including cash calls.
• Participate in the month-end close process and prepare journal entries as needed.
• Review and analyze accounts receivable and follow up with owners as needed.
• Assist with the setup and maintenance of JIB and PRA related master data .
• Communicate and coordinate with Division Order, Marketing, Operations, and Corporate Accounting groups to ensure timely and accurate revenue & JIB entries.
• Assist in answering working interest owner questions timely and accurately.
• Prepare and record monthly accrual entries.
• Maintain and track operated well payouts.
• Perform assigned monthly account reconciliations.
• Assist with revenue distribution processes (payment variance reporting, withholding remittance, 1099s).
• Provide support and documentation to external audit partner during annual audit.
• Assist with tax and royalty reporting processes (including compliance audits).
• Assist with special projects and operational accounting research.
• Participate in and support the recent SAP S4 implementation and continuous process improvement.

Required Experience/Skills/Qualifications:

• Bachelor’s degree in accounting or finance, or related field of study.
• 3+ years accounting experience in the upstream oil and gas industry preferred.
• SAP experience (specifically PRA and JIB) and familiarity with other oil and gas accounting software (e.g., AFE, OpenInvoice, Energy Link) is highly desirable.
• Knowledge of state and federal compliance reporting requirements and procedures is a plus.
• Strong attention to detail, highly organized, and able to multi-task.
• Strong proficiency using Microsoft Excel.

Company Highlights:

• For 90 years, we have nurtured creative ideas and turned them into successful realities using three core strategic pillars – creativity, excellence, and people.
• 401K – 12% employer contribution with no vesting period (6% Match and 6% non-matching contribution).
• Highly competitive compensation.
• Hybrid work options available for most roles.
• Five to eight weeks of PTO annually based on years of experience; eleven additional holidays per calendar year.
• All Medical/Dental/Vision benefits start day one with the company; low employee premiums.
• Free covered employee parking for Dallas HQ based employees.
• Free specialty coffee bar in the Dallas HQ.
• Commitment to the following ideals:
  • Work/Life Balance
  • Ongoing professional development opportunities
  An exceptional employee experience
  

Hunt is committed to a diverse and inclusive workplace. Hunt is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status.

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