Oil & Gas Accounts Payable - JIB Supervisor at Rausch Companies

Fayetteville, Arkansas, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Jul, 26

Salary

0.0

Posted On

14 Apr, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounts payable, Joint interest billing, Accounting, Financial reporting, Vendor management, General ledger, Reconciliation, Budgeting, Microsoft Excel, Microsoft Outlook, Quorum software, Accounts receivable, Regulatory compliance, Data analysis, Supervision

Industry

Real Estate

Description

Description The Accounts Payable / JIB Supervisor is responsible for supervising one or two AP/JIB Specialist. The Supervisor is responsible for teaching and reviewing processed accounts payable invoices, joint interest billings (JIB), and related accounting functions to ensure timely and compliant financial operations. This role plays a key part in maintaining vendor relationships, processing payments, and supporting regulatory and reporting requirements within accounting department. This person reports to the Controller. This is a hybrid role located in Fayetteville, AR. Duties & Responsibilities: AP Responsibilities Assist with coding and approving for all Accounts Payable invoices, including field and in-house invoices involved in the operations of an oil/gas company Submit invoices through workflow for online approval Review for proper coding from supervised personnel and field personnel and proper approvals. AR Responsibilities Post payments received in the Accounts Receivable module. Review AR monthly to determine if payments received are timely. Contact clients with consistent late payments. AFE Responsibilities Create AFE’s per Engineering Dept directions and distribute Post AFE-related wire transactions going out/and receiving JIB Responsibilities Book overhead (recurring entries), pumper expenses, insurance, bonds, and other manual journal entries (MJEs) related to Joint Interest Billing Process monthly Joint Interest Billings and mail or distribute on-line. Closing Responsibilities Reconcile AFE accounts, AP accounts, JIB clearing, and AR accounts Complete month-end close and closing files in Quorum AP, AR, and JIB modules Payouts Post expenses and revenue from GL (net of royalties and taxes) to payout worksheets Maintain payout records outside of the Quorum system on Excel Annual AP / JIB Responsibilities Assist Engineering dept on annual expense budgeting (e.g., 2026 operating budget) Purchase of New Wells Set up JIB decks for newly acquired and new drilled wells Review prior-month expenses on Lease Operating Statements (LOS) Coordinate new vendor setup. Assists Corporate Financial Officers and division personnel as necessary Requirements 5 years of oil & gas accounting experience, with emphasis on AP and JIB processing Bachelor’s degree in Accounting, Finance, or related field preferred; relevant work experience may substitute. Working knowledge of Microsoft Office tools including Excel and Outlook Must be deadline focused/driven Must be accurate, timely, and organized Ability to maintain confidential information Physical Demands: Lifting heavy objects occasionally, up to 10 pounds frequently, and frequently small objects Sitting for long periods of time Walking jobs, standing, occasionally for extended periods Must have manual use of hands and vision to use computer constantly Employee Benefits: Medical, Dental and Vision Insurance 401(k) – Company Match up to 5% Generous Paid Time Off (PTO) Paid Maternity and Paternity Leave Adoption Assistance and Leave Tuition Assistance And More!

Responsibilities

The supervisor oversees accounts payable and joint interest billing processes while managing a small team of specialists. They are responsible for ensuring financial compliance, managing vendor relationships, and supporting month-end closing procedures.