Operations Accountant II

Mach Resources

Our Company:

Fast-paced and growth-oriented, we use our wealth of experience gained from decades of exploration in America’s top producing basins. Agile and opportunistic in strategy, yet precise in execution, we provide tremendous potential for investors, employees and our community. We are always on the lookout for potential team members who are driven to make things better and live quite simply by the Golden Rule.

Our Strategy:

We focus on acquiring, exploring and developing high-return, low-cost projects, and pursuing assets with production history and development opportunity.

Our Culture:

We are intent on breaking barriers—in the industry, throughout our communities, and among individuals. Consumed by the desire to make things better, we have a flat, collaborative environment where everyone’s ideas are heard and encouraged.

Job Description

The Operations Accountant II will have responsibilities across various processes in the Operations Accounting group, including areas related to Accounts Payable, Accounts Receivable, Non-Op Joint Interest Billing, as well as general ledger review.

Process Accounts Payable:

• Review and assign appropriate allocation of costs for Operated vendor invoices, Non-Operated JIB invoices and payment processing
• Respond to vendor inquiries regarding outstanding balances which may include misapplied payments, void/reissue checks, refunds and duplicate billings

Process Accounts Receivable:

• Record deposits and reconcile outstanding A/R balances by Owner
• Respond to Owner A/R inquiries to resolve outstanding balances and billing issues/disputes
• Verify pre-payments are applied appropriately

Assist in monthly JIB billing as needed:

• Analyze data to bill partners for Overhead, SWD, shared facilities and other costs
• Update monthly allocation tables
• Perform internal analysis of LOE and Capex activities

Reconcile and/or analyze general ledger accounts monthly:

• Analyze transactions of moderate complexity for accuracy and determine appropriate accounting treatment if needed
• Propose and complete necessary adjusting entries in a timely manner

Knowledge, Skills & Abilities:

• Strong working knowledge of joint interest accounting and general accounting principals
• Ability to competently prepare, review and analyze financial information to record transactions, prepare reports, and verify accuracy
• Ability to operate both independently and as part of a team
• Excellent organizational and time management skills for effective prioritization of work
• Ability to handle multiple tasks simultaneously and meet monthly JIB deadlines in a timely manner
• Detail oriented with strong problem-solving skills to resolve and quickly assimilate complex concepts

Education & Required Experience:

• Bachelor’s Degree in Accounting, Finance or related field
• Oil and Gas industry accounting experience preferred
• 1 year of recent Operations Accounting experience required
• Proficient in Microsoft Office with emphasis on Excel
• Quorum software experience a plus