What are the responsibilities and job description for the Senior Accountant - 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 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 monthly JIB journal entries timely and accurately
- Review and process Non-Operated JIB invoices
- Create and maintain AFEs in the accounting system
- Execute the Joint Interest Billing cycle on a monthly basis
- Serve as point of contact for partners regarding billing inquiries and issues
- Support monthly financial close, including cost accruals and reconciliations
- Prepare and analyze balance sheet reconciliations for accuracy and compliance
- Assist with documentation and support of annual financial statement audits
- Participate in special projects, initiatives, and process improvements
- Utilize front-end accounting systems and digital tools effectively
Required Qualifications
- Bachelor’s degree in accounting or related field, or equivalent years of experience in Oil & Gas Accounting
- 5 years of oil and gas accounting experience, with a focus on operations accounting
- Advanced Excel skills (logical/lookup formulas, pivots, handling large datasets)
- Strong understanding of COPAS and operating agreements
- High attention to detail, strong organizational skills, and ability to manage competing priorities
- Strong problem-solving and analytical abilities
- Effective communication skills across multiple departments and external partners
- Team-oriented mindset with adaptability to take on new responsibilities
Preferred
- Experience with EnergyLink, OpenInvoice, SQL, and W Energy
- Experience with acquisitions and process development