Joint Interest Accountant Job
Marathon OilAbout the role
Job Responsibilities
- Review, analyze and understand components of billable costs including allocations, overhead and direct expense.
- Process adjustments due to JV audit exception resolutions, ownership updates and billing corrections.
- Execute SAP JIA close out processing for both domestic and corporate allocations.
- Apply COPAS guidance and JOA provisions to company specific transactions.
- Work closely with Accounts Receivable, Asset Accounting, Operations, Land, Division Order and working interest owners to resolve disputes and/or respond to billing questions.
- Assist JV Audit in understanding and reviewing issues raised in audit exceptions.
- Assist the Law department with data requests and understanding billings for working interest owners, as requested.
- Respond to audit requests as necessary.
- Process prior period adjustments for changes in working interest ownership, interest assignments, non-consent parties, and farm-out ownership set ups.
- Engage in the review and improvement of processes to achieve increased efficiency and further streamlined analysis and reporting procedures.
- Prepare monthly reports for Land and accounting management.
- Manage the Payout tracker, create new Payout wells in Crawford, reconcile cost between Crawford vs. SAP, and send out Payout statements.
- Generate and record all asset mileage monthly based on COPAS.
- Run suspended monthly report, review, and set up monthly meetings with Land, Asset Accounting, Account Receivable and Division order.
Job Requirements
- Degree: Bachelor’s degree in Accounting/Finance.
- Computer Proficiencies: SAP, Excel
- Work Experience: Five years or more accounting experience. Joint Interest accounting /COPAS knowledge with additional oil & gas accounting related experience preferred.
Marathon Oil Corporation (NYSE: MRO) is an independent oil and natural gas exploration and production company based in Houston, Texas. With a material position in four of the best oil-rich U.S. resource plays in different stages of development, we offer a variety of career opportunities, whether you're a recent college graduate or an experienced professional. You'll have the tools to develop and refine the skills and knowledge you need to succeed.
Marathon Oil Company will take the necessary action to ensure that applicants are treated without regard to their race, color, religion, sex, age, disability, national origin, sexual orientation, genetic information, veteran status or other protected status under applicable employment law.
If you are a current Marathon employee please use the ERP website to submit referrals.
Posting Notes: || Houston || TX || United States (US) || SF:LI; SF:DI; SF:GH; SF:MN; SF:RZ || Finance and Accounting || Not Applicable || || 32056 ||
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