Senior Accountant - Joint Interest Accounting

Citation is one of the largest privately held independent oil and gas acquisition, development and production companies in the United States. Founded in 1981 by Forrest E. Harrell, Sr., Citation has built a significant portfolio of mature, long-life producing properties through a combination of disciplined acquisitions, focused operations and subsequent development. The Company has an enviable track record in attracting and retaining high-quality talent. This is the result of a stable, long-term business model and a corporate culture that emphasizes working smart, “doing business the right way,” and rewarding both performance and technical achievement. We are looking for talented and driven individuals to join our team, where you will have the opportunity to make a tangible impact helping to shape the future of our company and industry.

Responsibilities:

• Data Management: Oversee and manage Joint Interest data related to Authorizations for Expenditure (AFEs), updates to working interest ownership changes (DOIs), partner data, and properties within the accounting system.

• Month-End Close: Support the month-end closing process by reviewing non-operator JIB invoices and performing various accounting analyses and processes.

• Inventory Accounting: Oversee the inventory accounting, including reconciliation of materials, reporting, and proper allocation to joint interest accounts.

• Audit Support: Provide support during audits, including coordination of supporting documentation, responding to auditor inquiries, and resolving joint-interest related issues.

• Collaboration: Work closely with other accounting teams, operations, land, and legal departments. Manage relationships with joint interest partners to address inquiries issues, working to resolve any disputes promptly.

• Compliance: Ensure all billing processes, journal vouchers, and financial records comply with Joint Operating Agreements (JOAs), COPAS, internal controls and accounting standards.

• Improve Processes: Identify and implement improvements to internal processes to enhance accuracy and efficiency in joint interest accounting.

• Mentorship: Train and mentor junior accounting staff while promoting professional growth.

• Account Reconciliation: Prepare, analyze, and report general ledger account reconciliations.

• Reporting and Analysis: Analyze variances and provide insights to operations and finance teams.

• Other duties as assigned.

Qualifications:

• 6 years’ experience with and strong working knowledge of Excalibur or similar oil and gas accounting software.

• Excellent in Microsoft Excel, Word, and Office skills.

• Demonstrated ability to complete a variety of highly complex assignments involving specialized knowledge of oil and gas joint interest accounting practices.

• Strong working knowledge of industry-specific procedures, such as those outlined in COPAS and joint operating agreements (JOAs)

• High level of accuracy, strong analytical abilities, and exceptional communication skills to ensure effective problem-solving and collaboration across teams.

Education:

• 4-year undergraduate degree (Accounting/Finance) with 6 years of oil and gas joint interest accounting or equivalent experience, or high school diploma or GED with 10 years of oil and gas joint interest accounting or equivalent experience.