Joint Venture Accountant – Houston, TEXAS

A Houston-based oil and gas E&P company acquired an interest in onshore operations at the end of 2008. The company is searching for a candidate who will have property accounting responsibilities associated with these operations.

Primary responsibilities will include the following:

  • Track Cash calls and related prepaid accounts.
  • Assist Tax department with tax basis tracking and quarterly provision as necessary.
  • Perform required SOX control procedures and maintain related documentation.
  • Monitor capital spending and tracking of Promoted Well Cost progress, actual and committed, toward annual contractual Carry Amount Tranche.
  • Confirm and maintain property ownership with Land Department.
  • Cooperate with other departments in providing information as required or requested.
  • Prepare reconciliations and variance analysis for all onshore property activities
  • Process monthly Joint Interest Billing statements for natural gas properties.
  • Record monthly capital accruals for natural gas properties.
  • Process Promoted Well Cost invoices.

Record monthly DD&A for natural gas properties until Asset Management system is loaded 

 

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