AP & Treasury Manager

QB Energy•Denver, CO

18h•Onsite

About The Position

QB Energy is a Denver-based upstream natural gas company committed to delivering value through responsible acquisition, development, and production that benefits both shareholders and stakeholders by operating efficiently, sustainably, and with cutting-edge technology. QB Energy operates in the Piceance Basin of Western Colorado, currently operating about 400,000 net acres. The company develops and operates upstream gathering, compression, processing, and fractionation assets, with a focus on safety, environmental stewardship, and community engagement. Initiatives such as zero-flaring, methane emissions reduction, water recycling, and wildlife mitigation help minimize footprint while maximizing long-term value. The Accounts Payable and Treasury Manager plays an integral role in the QB Energy Accounting Department. This position is responsible for all aspects of the accounts payable cycle, including leadership and oversight of the Accounts Payable Analyst team, as well as monitoring the Company’s cash balances and related cash activity.

Requirements

Bachelor’s degree in accounting or business.
Five or more years of experience in an oil and gas industry accounting position.
Two to five years of experience supervising direct reports.
Strong data analysis skills with the ability to evaluate large volumes of data accurately and efficiently.
Ability to interpret and apply sales tax guidance with strong attention to detail to evaluate the appropriateness and accuracy of invoiced sales tax rates.
Comfortable working in an entrepreneurial environment with the desire and flexibility to grow with the Company.
Willingness to innovate to improve efficiency.
Highly detail-oriented and organized, with the ability to multitask and meet monthly close deadlines.
Responsible, reliable, and eager to learn with a positive attitude and strong work ethic.
Ability to effectively communicate and interact positively with others.
Experience with OpenInvoice.
Experience with Oil and Gas specific Accounting Software.
Strong Microsoft Excel knowledge.

Nice To Haves

Experience with BOLO or Excalibur accounting software.

Responsibilities

Oversee and perform regular analysis of vendor statements, investigate discrepancies, and reconcile statements to OpenInvoice and research and respond to vendor inquiries, resolving relevant matters.
Oversee the digital invoice inbox activity and coordinate the manual upload of invoices to OpenInvoice with the Accounts Payable Analyst Team.
Prepare or review journal entries for coding reclassifications, corporate credit card activity, and other necessary adjustments, ensuring accuracy and alignment with Company accounting policies.
Review and validate invoice coding for accuracy, ensuring all required documentation is complete and meets Company standards.
Oversee the correction of invoice coding discrepancies and educate vendors and internal teams on proper procedures to streamline processes and reduce errors.
Conduct selective reviews of sensitive invoice coding completed by the Accounts Payable Analyst team for accuracy and completeness.
Support OpenInvoice system coding validation controls, resolve certain vendor issues, and facilitate onboarding of new vendors to OpenInvoice.
Oversee OpenInvoice user onboarding to ensure appropriate permissions and validation. Including working with the Assistant Controller to establish user approval limits.
Oversee the new vendor onboarding process, including BOLO and Open Invoice set-up.
Complete vendor credit applications, including reviewing complex terms and conditions and coordinating resolution of issues with the Assistant Controller, as necessary.
Manage the annual form 1099 reporting process including year-round monitoring of 1099 recipient system setup and data accuracy to support compliant filing.
Monitor approval of project budgets to ensure timely, accurate, and complete data entry of project budgets into BOLO.
Oversee the analysis of sales and use tax during vendor invoice processing. Provide guidance to the Accounts Payable Analyst team on interpreting tax codes and ensure proper application of tax rates in compliance with applicable sales tax regulations. Prepare/review quarterly returns.
Review completed employee expense report submissions in OpenInvoice for coding, accuracy, and completeness.
Oversee the invoice early-pay discount process for timely payment and application of discounts.
Review daily cash reconciliations, ensuring internal forecasts and actual activity are consistent with the daily bank records for internal reporting distribution.
Review and facilitate completion of short-term cash forecasting, including coordination with the Assistant Controller on revenue receipts forecasts, hedging activity, credit facility draws and repayments, and other significant cash inflows and outflows.
Monitor the timing of wire activity to ensure timely wire payments, as applicable.
Coordinate weekly check runs, including printing checks from BOLO.
Perform any other Accounting Department responsibilities that may be assigned by the Assistant Controller, which will contribute to the achievement of the Company's goals and promote an efficient and effective accounting team.
Manage direct reports, including monitoring of Accounts Payable Analyst output, goal setting, and preparation and delivery of annual performance reviews.
Manage preparation of the daily cash report prepared by certain members of the Accounts Payable Analyst team.

Benefits

Multiple medical plans to choose from
Lowest level plan premiums are covered at 100% for employees and dependents
Dental Plan
Vision Plan
Long-term disability, life insurance, and AD&D covered by QB Energy
401k plan: QB Energy matches 100% of employee contributions up to the first 6% of compensation
Paid Time Off
Paid Holidays
Gym membership reimbursement
Paid parking or RTD pass
Onsite gym
Cellphone reimbursement