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Joint Interest Billing Jobs (NOW HIRING)

Generates joint interest billing (JIB) invoices for the company. * Establishes and maintains cost allocations for all operated properties. * Calculates salt water disposal (SWD) and platform fees for ...

Generates joint interest billing (JIB) invoices for the company. * Establishes and maintains cost allocations for all operated properties. * Calculates salt water disposal (SWD) and platform fees for ...

Senior Accountant

Fort Worth, TX ยท On-site

$70K - $89K/yr

Prepare and process monthly joint interest billings, including invoice preparation and timely delivery to interest owners. * Conduct a thorough review of charges associated with joint interest ...

Senior Accountant - JIB

Oklahoma City, OK

$68K - $86K/yr

This role is critical in managing joint interest billing processes, ensuring accuracy in cost allocation, and supporting financial reporting and audit activities. The ideal candidate will be detail ...

Staff Accountant

Fort Worth, TX ยท On-site

$52K - $69K/yr

Prepare and process monthly joint interest billings, including invoice preparation and timely delivery to interest owners. * Conduct a thorough review of charges associated with joint interest ...

Accounting Manager

Amarillo, TX ยท On-site

$65K/yr

Joint interest billing (JIB) * Production accounting support * Working interest and royalty owner accounting * AFE tracking and capital expenditure reporting -Support management with financial ...

Prepare and process monthly joint interest billings, including invoice preparation and timely delivery to interest owners. * Conduct a thorough review of charges associated with joint interest ...

Staff Title Analyst

Houston, TX ยท On-site

$59K - $78K/yr

The Staff Title Analyst is responsible for lease and contract analysis, joint interest billing and division of interest setup, and maintaining accurate and current ownership across all records.

Sr. Title Analyst

Houston, TX

$84K - $111K/yr

The Senior Title Analyst is responsible for lease and contract analysis, joint interest billing and division of interest setup, and maintaining accurate and current ownership across all records.

Controller

Fort Worth, TX ยท On-site

$175K - $200K/yr

Manage capital reporting and controls, including AFE tracking and joint interest billing (JIB) accuracy and compliance * Ensure proper management and reporting of cash and working capital, including ...

Sr. Title Analyst

Houston, TX ยท On-site

$84K - $111K/yr

The Senior Title Analyst is responsible for lease and contract analysis, joint interest billing and division of interest setup, and maintaining accurate and current ownership across all records.

Offer expert guidance on intricate oil & gas accounting matters, including taxation, deductions, joint interest billing, and related issues. * Manage the annual processing of 1099 forms and the ...

Staff Title Analyst

Houston, TX ยท On-site

$59K - $78K/yr

The Staff Title Analyst is responsible for lease and contract analysis, joint interest billing and division of interest setup, and maintaining accurate and current ownership across all records.

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Joint Interest Billing information

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How much do joint interest billing jobs pay per hour?

As of Jun 16, 2026, the average hourly pay for joint interest billing in the United States is $23.04, according to ZipRecruiter salary data. Most workers in this role earn between $17.31 and $23.80 per hour, depending on experience, location, and employer.

How does a Joint Interest Billing (JIB) professional typically collaborate with accounting and operations teams in an oil and gas company?

JIB professionals work closely with both accounting and operations teams to ensure accurate allocation and billing of joint venture expenses. They frequently communicate with operations personnel to verify field costs and clarify spending details, while also partnering with accountants to reconcile discrepancies and maintain compliance with joint operating agreements. This collaborative approach helps prevent billing errors, supports timely financial reporting, and ensures that all partners are accurately invoiced. Regular interdepartmental meetings and shared documentation are common practices to maintain transparency and efficiency.

What is the difference between Joint Interest Billing vs Lease Operator?

AspectJoint Interest BillingLease Operator
Primary RoleManaging billing and cost sharing among partners in an oil and gas projectOperating and maintaining oil and gas wells on a lease
CredentialsAccounting, finance, or industry-specific certificationsOil and gas operations, safety, and technical certifications
Work EnvironmentOffice-based, collaborating with partners and accounting teamsField-based, working directly on well sites
Industry UsageCommon in upstream oil and gas companies for financial managementCommon in field operations and production management

While both roles are integral to oil and gas operations, Joint Interest Billing focuses on financial management and billing among partners, whereas a Lease Operator is responsible for the day-to-day operations and maintenance of wells. Understanding these differences helps clarify career paths and job expectations within the industry.

What are the key skills and qualifications needed to thrive as a Joint Interest Billing (JIB) Accountant, and why are they important?

To thrive as a Joint Interest Billing (JIB) Accountant, you need a solid understanding of oil and gas accounting principles, cost allocation, and financial analysis, typically supported by a degree in accounting or finance. Familiarity with industry-specific accounting software such as SAP, Excalibur, or OGSYS, along with proficiency in Excel, is essential. Strong attention to detail, organizational skills, and effective communication are key soft skills for managing complex data and collaborating with internal and external stakeholders. These skills ensure the accurate allocation of costs, compliance with joint operating agreements, and effective financial management in the energy sector.

What is Joint Interest Billing?

Joint Interest Billing (JIB) is an accounting process used in the oil and gas industry to allocate and invoice shared operating costs among partners in a joint venture or joint operating agreement. Each partner is responsible for a proportion of the expenses based on their ownership interest in the project. JIB ensures transparency and accurate cost tracking, helping all parties manage their financial responsibilities efficiently. The process typically involves detailed reports and reconciliations to ensure all charges are appropriate and agreed upon.
Team Lead Joint Interest Accounting

Team Lead Joint Interest Accounting

Diamondback Energy

Oklahoma City, OK โ€ข On-site

Full-time

Posted 18 days ago


Job description

CURRENT EMPLOYEES - Please apply using "Jobs Hub" in Workday. This career site is for external applicants only.
The Joint Interest Accounting Lead is responsible for reviewing and analyzing operated team journal entries and SAP processes to ensure accuracy, compliance, and consistency. This role oversees the analysis of joint interest billings to confirm alignment with Joint Operating Agreements (JOAs), COPAS standards, and SOX requirements, while preparing management reporting and identifying opportunities for process improvement and automation.
Job Responsibilities:
Include but are not limited to
  • Provide day-to-day leadership for the JIB Operated team on-site in Oklahoma City, including coaching, mentoring, and performance oversight.
  • Ensure timely, accurate completion of monthly close activities, including review of journal entries and related SAP processes (e.g., production and CAPEX allocations, insurance, overhead, company labor, and joint interest billing distribution).
  • Serve as a subject matter expert to ensure compliance with internal accounting policies and structure, as well as JOA and COPAS guidelines.
  • Maintain functional SOX compliance and support internal/external audits by facilitating requests and walkthroughs as needed.
  • Recommend and implement process and system improvements/automation; coordinate testing and documentation for system updates and maintain process documentation and reference guides.
  • Review monthly billable charges for proper accounting treatment prior to JIB cutback runs.
  • Prepare and/or review assigned balance sheet account reconciliations.
  • Resolve escalated issues and partner cross-functionally to drive alignment; prepare management reporting and provide first-level review of team deliverables; complete ad hoc and cross-functional projects as assigned.

Required Qualifications
  • Bachelor's degree in Accounting, Business Administration, or a related field (Intermediate Accounting I & II preferred).
  • Minimum of seven (7) years of progressive accounting experience.
  • Strong working knowledge of oil & gas accounting and general accounting principles.
  • Proficiency in Microsoft Office, with advanced Excel skills.

Preferred Qualifications
  • Experience with SAP or comparable ERP/accounting systems.
  • Experience with JIB data exchange platforms (e.g., EnergyLink).
  • Working knowledge of COPAS guidelines and interpretations.
  • Demonstrated ability to drive process improvements while maintaining SOX compliance.

Diamondback is an Equal Employment Opportunity Employer. Diamondback provides equal employment opportunities to all qualified applicants without regard to race, sex, sexual orientation, gender identity, national origin, color, age, religion, veteran or disability status, genetic information, pregnancy, or any other status protected by law. Diamondback participates in E-Verify. Learn more about E-Verify.