A brief description summarizing the overall purpose and objectives of the position and the results the worker is expected to accomplish.
The Senior JIB Accountant participates as a member of the Joint Interest Billing team. Primary responsibilities include payout tracking and reporting, and key assistance with non-op JIB audits. Additional duties include working interest ownership maintenance, the overall JIB cutback and invoicing process, preparation of month, quarter and year-end journal entries, account reconciliations, analytics, and the preparation of internal documents and analyses used in the closing and reporting processes. The Senior Accountant works closely with Revenue, Land, and Operations teams, and other departments as needed, to provide accurate reporting.
The tasks, duties, and responsibilities of the position that are most important to get the job done.
Prepare and analyze monthly payout reports and related system reconciliations; coordinate payout related efforts between Land, Revenue and JIB departments;
Assist JIB Manager with the non-op audit program including both conducting and hosting audits;
Assist in the internal, external, and other audit processes by providing support and explanations as needed;
Demonstrate fluency of knowledge of the department\u2019s processes and Internal Controls and their consistent application, and contribute to identifying changes and improvements thereto as they become necessary;
Actively participate in monthly closing processes to ensure timely and accurate billings to Partners;
Lead and participate in Accounts Receivable related activity including collections and AR Allowance assessment;
Assist in preparation of monthly, quarterly and annual account reconciliations and analytics;
Assist Department with deck ownership changes and other daily/monthly tasks as needed;
Work on or lead complex projects on a team or independent basis;
Regularly and effectively communicate with internal personnel in other offices or functions, as well as with personnel from other operators or third parties;
Perform and assume other duties and responsibilities as may be required at the direction of the JIB Manager.
KNOWLEDGE, SKILLS AND ATTRIBUTES
The specific minimum competencies required for job performance.
Strong knowledge of Joint Operating Agreements, COPAS, Oil and Gas Industry JIB and Revenue standards, generally accepted or applied NonOp auditing practices and standards, and various relevant statutory and regulatory standards;
Working knowledge of US GAAP and Oil and Gas accounting;
Possesses advanced technical PC skills including Excel, Word and PowerPoint;
Strong analytical, documentation and problem solving skills;
Excellent interpersonal skills with the ability to build and maintain effective working relationships across all levels of the Company;
Detail oriented professional with strong written and oral communication skills;
Ability to manage and maintain confidentiality of sensitive information in a professional and discretionary manner;
Ability to manage and prioritize multiple projects, tasks or work flows;
Works with purpose and a sense of urgency, deadline focused, and commitment.
The scope of the person\u2019s authority, including a list of jobs that report to the incumbent.
The Senior JIB Accountant will lead and formally supervise other staff within the department, currently three, but with the possibility of additional personnel.
The environment in which the job is performed, especially any unique conditions outside a normal office environment.
Consistent with that of a normal office environment.
The minimum level of education, experience, and certifications required to perform the job.
Bachelors of Science in Accounting, Auditing, Finance or other relevant areas;
5 years of experience, oil and gas experience preferred;
CPA preferred, but not required;
Strong Accounting system knowledge and experience.
Website : http://www.pdce.com
PDC Energy is an exploration and production company headquartered in Denver, Colorado focused on value-added organic growth through active horizontal drilling programs and bolt-on acquisitions in its core areas. PDC's operations include production, development, exploration and marketing of crude oil, natural gas and natural gas liquids (“NGLs”). PDC’s portfolio is comprised of: the Wattenberg Field in Colorado, the Delaware Basin in West Texas and the Utica Shale in Ohio. The Company’s total 2015 net production increased approximately 65% year-over-year to 15.4 MMBoe, which was derived primarily from the Wattenberg Field, and consisted of 64% crude oil and NGLs, and 36% natural gas.