The successful candidate will participate in conducting joint interest audits in accordance with auditing standards set by the Council of Petroleum Accountants Society (COPAS). They will analyze records and transactions generated by the Operator of a joint venture to determine compliance with various Joint Operating Agreements (JOA). Other types of audits performed may include revenue, payout, gas plants, measurement, and vendor audits. Auditors generally work in teams of two to four. Most travel locations will be domestic with an occasional international audit assignment.
Participate in planning and conducting joint interest audits in a professional manner and in accordance with technical requirements and accepted auditing standards set by the Council of Petroleum Accountants Society (COPAS).
Analyze records, transactions, or activities to determine the accuracy of the charge to the joint account and compliance with applicable agreements.
Prepare written reports summarizing the work performed, the conclusions reached, including areas of non-compliance with the JOA.
Communicate with senior audit personnel about the results of the tests to assess risks and ensure accuracy.
Maintain correspondence with Operators to work towards resolution of outstanding issues on past audits.
Maintain a current knowledge of new developments related to the field of work by reading technical publications, studying pronouncements of official or professional bodies, such as COPAS Guidelines, and attending education courses, seminars, and conferences as deemed necessary.
Major Discipline: Accounting, Finance or Business
Minimum of 5 years experience in Audit or Accounting required. Joint Interest auditing experience is preferred.
Proficiency in Word, Excel, and SAP. In addition, the ability to learn other software applications such as Access and TeamMate (audit software) would be a plus.
CPA a plus.
Travel Required (%): 20-35%
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Marathon Oil - 20 months ago
Based in Houston, Texas, Marathon Oil is an independent exploration and production (E&P) with activity in North America, Europe and...