What are the responsibilities and job description for the Accountant - AR-JIB position at Flywheel Energy?
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 Accountant, Accounts Receivable/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
- Process and review non-operated Joint Interest Billings (JIBs) for accuracy, completeness, and compliance with JOAs and COPAS guidelines
- Apply cash receipts accurately and timely to the correct owners, properties, and invoices
- Manage accounts receivable activity for the basin assigned, including open items, unapplied cash, and aging
- Research and resolve variances, discrepancies, and billing errors with operators
- Serve as a primary point of contact for operator inquiries, owner questions, and payment related communications
- Track, document, and follow up on non op billing disputes and under/overpayments
- Assist with month end close activities, including accruals, reclasses, and balance sheet reconciliations
- Coordinate with Land, AP, Revenue, and Treasury teams as needed
- Identify process improvement opportunities related to non op billing and workflows
Qualifications:
Required Qualifications
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2 years of accounting experience (oil & gas preferred).
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Advanced Excel skills (logical/lookup formulas, pivots, handling large datasets)
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Strong understanding of COPAS and operating agreements
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Strong attention to detail and accuracy.
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Ability to handle high volume processing in a fast paced environment.
Preferred Qualifications
- Bachelor's degree in Accounting, Finance, or related field (or equivalent experience)
- Experience with EnergyLink, OpenInvoice, SQL, and W Energy
- Experience with acquisitions and process development