IKAV Energy Inc is a private E&P company with its US headquarters in Durango, Colorado, and belongs to the global energy infrastructure group, IKAV. IKAV has worldwide offices in Hamburg, Luxembourg, Milan, Madrid, Lisbon, Munich, and Paris and has launched its US franchise in 2019 managing and operating a billion-dollar portfolio on a long-term basis.

At IKAV, teamwork is at the heart of our operations and is only strengthened by the many diverse and professional backgrounds that shape our team. IKAV believes in flat hierarchies and the empowerment of team members. In return, we expect exceptional motivation, a high degree of independent thinking, and the ability to spot opportunities for optimization and growth.

Job Description

• Conduct the monthly Joint Interest accounting close which includes processing of prior period adjustments, resolving partner disputes, and management of and tracking of receivables
• Review, analyze, and process non-operated properties Joint Interest Billings (JIB) and ensure proper set-ups exist in the systems
• Responsible for allocations (e.g., labor, vehicle spend, operating expenses)
• Ability to identify capital versus expense costs
• Prepare monthly journal entries, accruals, prior period adjustments (PPAs), and account reconciliations as assigned
• Responsible for building and maintaining ad hoc reports
• Responsible for preparing and communicating variance analysis
• Follow internal control policies and procedures
• Assist in internal and external audits
• Identify process improvements

This role will not only encompass day to day joint interest activities but will also be responsible for working with our ERP provider and troubleshooting joint interest technical items.

• 3-5 years or more of Joint Interest accounting required
• 5 years’ experience in the oil and gas industry
• Proficient in Microsoft Office Suite plus advanced Excel expertise required; Power Query, SQL experience required
• COPAS knowledge required
• Experience with EnergyLink required