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JIB Accountant

Job in Midland, Midland County, Texas, 79709, USA
Listing for: Permian Resources
Full Time position
Listed on 2025-11-25
Job specializations:
  • Accounting
    Financial Reporting, Accounts Receivable/ Collections, Tax Accountant, Financial Analyst
  • Finance & Banking
    Financial Reporting, Accounts Receivable/ Collections, Tax Accountant, Financial Analyst
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

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, ensuring coding accuracy and that all costs billed are allowable per joint operating agreements (JOAs) or COPAs, disputing non-allowable items, making inquiries of the Operator for inaccuracies, and communicating any 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.
  • Maintain monthly allocations within Quorum.
  • Track prepayments/cash calls made to and received from non-operators and apply prepayments to appropriate JIBs.
  • Assist with reconciling AR‑JIB balances and apply payments to working interest owners’ accounts.
  • Setup cost centers and AFEs.
  • Understand and apply revenue netting amounts to JIB‑AR balances.
  • Update and maintain overhead rate schedule.
  • Prepare the dyed diesel report on a quarterly basis.
  • Track, research, and reclass predrilling costs recorded to a holding AFE.
  • Pull audit support as needed.
  • Assist in answering working interest owner questions in a timely and accurate manner.
  • Prepare monthly JIB account reconciliations by due date.
  • Provide support for special projects and perform other duties as assigned.
Minimum Qualifications
  • Minimum of 5 years of experience in oil and gas operational accounting.
  • 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.
  • Quorum accounting software experience.
  • Energy Link experience.

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

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