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Senior Accountant - JIB

Job in Oklahoma City, Oklahoma County, Oklahoma, 73116, USA
Listing for: Flywheel Energy, LLC
Full Time position
Listed on 2026-07-01
Job specializations:
  • Accounting
    Financial Reporting, Senior Accountant, Accounting Manager
Salary/Wage Range or Industry Benchmark: 70000 - 90000 USD Yearly USD 70000.00 90000.00 YEAR
Job Description & How to Apply Below

Job Summary

Flywheel Energy is a rapidly growing private oil and gas company focused on Building momentum where it matters. We are seeking a highly skilled Senior Accountant, Joint Interest Billing to join our Accounting team. This role is critical in managing joint interest billing processes, ensuring accuracy in cost allocation, and supporting financial reporting and audit activities. The ideal candidate will be detail oriented, collaborative, and motivated to drive efficiency through process improvements and use of technology.

Key Responsibilities
  • Prepare, review, and finalize monthly operated JIB billings
  • Ensure all costs are billed in accordance with JOAs, COPAS accounting procedures, and contractual agreements
  • Review capital and expense costs for accuracy, proper coding, and correct allocation to partners
  • Coordinate closely with Operations, AFE Development, Production Accounting, AP, Revenue, and Land teams to ensure timely and accurate cost capture
  • Manage partner inquiries, disputes, and audit requests related to operated billings
  • Lead JIB-related month-end close activities, including accruals, prior-period adjustments, and true-ups
  • Support and participate in internal and external JIB audits, including preparation of audit packages and responses
  • Perform reconciliations between JIB, general ledger, and sub-ledgers for the operated asset
  • Monitor compliance with spend authorizations, AFEs, and billing cutoffs
  • Identify billing issues, recommend process improvements, and assist with implementation of efficiencies
  • Serve as a subject matter expert for the Mid Con II asset
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Position Requirements
10+ Years work experience
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