Staff Accountant – JIB, Treasury & AP

QB Energy•Denver, CO

8d•Onsite

About The Position

The Staff Accountant – JIB, Treasury & AP supports the JIB, treasury, and accounts payable functions within the QB Energy Accounting Department. This position is responsible for monthly JIB processing, day-to-day treasury functions, and higher-level accounts payable responsibilities. This role will help maintain financial accuracy and compliance within the company, using Excel, BOLO accounting software, artificial intelligence software, and a working knowledge of Oil and Gas activity-related coding. This role contributes to QB Energy’s financial management and operational reporting.

Requirements

Degree in accounting or comparable field is required.
5+ years of experience in an Oil and Gas JIB accounting position.
Strong data analysis skills with the ability to evaluate large volumes of data accurately and efficiently.
Comfortable working in an entrepreneurial environment with the desire and flexibility to grow with the Company.
Willingness to innovate to improve efficiency using artificial intelligence.
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 (BOLO or Excalibur preferred).
Knowledge of AFE and Capital/LOE coding.
Strong Microsoft Excel knowledge.

Responsibilities

Run and maintain the monthly JIB process in BOLO, including weekly JIB trial processes, preparation of monthly JIB statements, and uploading of monthly owner data to a third-party site for distribution.
Update monthly production, pad, area, and other special allocations in BOLO.
Review and process all non-operated monthly JIB statements.
Prepare monthly journal entries for the following: Fleet vehicle and fuel costs, Prepaid insurance, bonds, and other prepaid expense amortization, G&A payroll entries, Reclassification of certain payroll costs to lease operating expense, JIB holding account reclassifications to lease operating expense, Certain gathering fee allocations, Monthly equipment ad valorem tax accruals, Elimination entries for internal COPAS overhead costs and gathering costs, COPAS overhead accruals, Ad hoc reclassification and correcting journal entries, Other monthly entries which will arise in the normal course of business.
Prepare annual allocations of insurance and equipment ad valorem tax in coordination with accounting management.
Share preparation of the daily cash file; including clearing checks in BOLO, BOLO deposit entries, updates to the cash forecast, and occasional wire set-up.
Share preparation of the monthly cash forecast in coordination with accounting management.
Review monthly transactions for use tax treatment and prepare quarterly return.
Code, verify, and route invoices for approval.
Serve as a resource to the Accounts Payable team for complex coding for JIB related invoices.
Perform any other Accounting Department responsibilities that may be assigned by the Accounts Payable and Treasury Manager, which will contribute to the achievement of the Company's goals and promote an efficient and effective accounting team.

Benefits

Medical Plan: QB Energy offers 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