Rausch Companies is hiring an Accounts Payable Supervisor to oversee accounts payable and joint interest billing (JIB) operations within our oil and gas accounting department. This role supervises a small team, ensures financial compliance, and plays a key part in maintaining vendor relationships and supporting regulatory reporting.
What You'll Do
- Supervise one or two AP/JIB Specialists, teaching and reviewing their work on invoices and billings.
- Code and approve Accounts Payable invoices, including field and in-house operations invoices.
- Submit invoices through workflow for online approval and review for proper coding and approvals.
- Process and post payments in the Accounts Receivable module, reviewing for timeliness and contacting clients with late payments.
- Create AFEs per Engineering Department direction and distribute, posting related wire transactions.
- Book overhead, pumper expenses, insurance, bonds, and other manual journal entries related to Joint Interest Billing.
- Process monthly Joint Interest Billings for distribution and reconcile AFE, AP, JIB clearing, and AR accounts.
- Complete month-end close and closing files in Quorum AP, AR, and JIB modules.
- Post expenses and revenue to payout worksheets and maintain payout records in Excel.
- Assist the Engineering department with annual expense budgeting and set up JIB decks for new wells.
- Review prior-month expenses on Lease Operating Statements (LOS) and coordinate new vendor setup.
- Assist Corporate Financial Officers and division personnel as necessary.
What We're Looking For
- 5+ years of oil & gas accounting experience with emphasis on AP and JIB processing.
- Working knowledge of Microsoft Office, including Excel and Outlook.
- Must be deadline-focused, accurate, timely, and organized.
- Ability to maintain confidential information.
Nice to Have
- Bachelor’s degree in Accounting, Finance, or a related field.
Technical Stack
- Microsoft Office (Excel, Outlook)
- Quorum AP, AR, and JIB modules
Team & Environment
You will report to the Controller and supervise a team of one or two AP/JIB Specialists.
Benefits & Compensation
- Medical, Dental and Vision Insurance
- 401(k) – Company Match up to 5%
- Generous Paid Time Off (PTO)
- Paid Maternity and Paternity Leave
- Adoption Assistance and Leave
- Tuition Assistance
Work Mode
This position offers a hybrid work arrangement and is based in Fayetteville, AR.
Rausch Companies is an equal opportunity employer.
