Joint Interest Billing
- Record material transfers
- Set up and maintain JIB schedules
- Prepare and deliver invoices to joint interest owners
- Record monthly COPAS overhead rates and update as appropriate
- Prepare monthly LOE and capital cost accruals and G&A accruals
- Receive, process and transmit joint interest billings (JIBs)
- Set up AFEs, enter budgets and provide comparison reports
- Resolve discrepancies with operators and working interest owners
Accounts Payable
- Record and process vendor and joint interest invoices
- Manage electronic workflow for client invoice approval
- Process and deliver payments
Accounts Receivable
- Process revenue and accounts receivable cash receipts
- Pursue collection of joint interest receivables – including netting
- Monitor accounts receivable aging reports
