Rausch Companies is hiring an Accounts Payable Supervisor to lead the AP and Joint Interest Billing (JIB) accounting functions. Reporting to the Controller, you will supervise a specialist, ensure accurate and compliant financial processing, and play a key role in month-end close for our oil & gas operations.
What You'll Do
- Supervise one or two AP/JIB Specialists, teaching and reviewing their work on invoices and billings.
- Code and approve all Accounts Payable invoices, including field and in-house invoices for oil/gas operations.
- Submit invoices through workflow for online approval and review coding from team and field personnel.
- Post payments in the Accounts Receivable module and review AR monthly for timeliness.
- Create AFEs per Engineering Department direction and post related wire transactions.
- Book overhead, pumper expenses, insurance, bonds, and other manual journal entries for Joint Interest Billing.
- Process monthly Joint Interest Billings and distribute them.
- Reconcile AFE accounts, AP accounts, 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.
- Set up JIB decks for newly acquired and newly drilled wells.
- Review prior-month expenses on Lease Operating Statements (LOS).
- Coordinate new vendor setup and assist Corporate Financial Officers and division personnel as needed.
What We're Looking For
- 5 years of oil & gas accounting experience, with emphasis on AP and JIB processing.
- Working knowledge of Microsoft Office tools including Excel and Outlook.
- Must be deadline focused/driven, accurate, timely, and organized.
- Ability to maintain confidential information.
Nice to Have
- Bachelor’s degree in Accounting, Finance, or a related field; relevant work experience may substitute.
Technical Stack
- Microsoft Office (Excel, Outlook)
- Quorum AP, AR, and JIB modules
Team & Environment
You will supervise one or two AP/JIB Specialists and report directly to the Controller.
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 is a hybrid position based in Fayetteville, AR.
Rausch Companies is an equal opportunity employer.
