Company Overview
Sumerian oil & Gas Inc. is a growing Canadian oil & gas company focused on operational efficiency, responsible development, and strategic growth. We are currently seeking an experienced JV / Revenue Accountant to join our finance team and support the company’s upstream accounting operations.
This position offers an excellent opportunity to work closely with operations, land, finance, and executive teams in a collaborative environment.
Position Summary
The JV / Revenue Accountant will be responsible for managing joint venture accounting, production revenue accounting, royalty processing, and partner reconciliations for the company’s operated and non-operated oil & gas assets.
The ideal candidate will possess strong technical accounting skills, a detailed understanding of upstream accounting practices, and the ability to work effectively in a fast-paced environment.
Key Responsibilities Joint Venture Accounting
- Prepare and distribute monthly Joint Interest Billings (JIBs)
- Process partner cash calls and partner settlements
- Maintain working interest ownership schedules and division of interest records
- Reconcile partner accounts and investigate discrepancies
- Respond to partner inquiries and audit requests
- Monitor AFE spending and variance tracking
- Coordinate with operations and land departments on ownership updates
Revenue Accounting
- Process and reconcile monthly oil and gas production revenues
- Reconcile purchaser statements, pipeline statements, and production volumes
- Calculate and distribute revenues based on ownership interests
- Process crown and freehold royalty obligations
- Analyze pricing differentials, transportation deductions, and marketing adjustments
- Prepare monthly revenue accruals and supporting schedules
- Assist with production and revenue forecasting support
Reporting & Reconciliations
- Prepare monthly account reconciliations and variance analysis
- Support month-end and year-end close activities
- Assist with audit working papers and documentation requests
- Maintain accurate supporting schedules and accounting records
- Support regulatory reporting requirements as needed
Qualifications & Experience - Required Qualifications
- Diploma or degree in Accounting, Finance, or related field
- Minimum 3–5 years of upstream oil & gas accounting experience
- Strong experience with:
◦ Joint Venture Accounting
◦ Production Revenue Accounting
◦ Royalty Calculations
◦ Working Interest Allocations
- Intermediate to advanced Excel skills
- Strong reconciliation and analytical skills
Preferred Qualifications
- Experience with Petrinex reporting
- Familiarity with CAPL/COPAS guidelines
- Experience with oil & gas accounting systems and ERP software
- CPA designation or pursuit of designation considered an asset
Skills & Competencies
- Strong attention to detail and accuracy
- Ability to manage competing priorities and deadlines
- Excellent communication and organizational skills
- Strong problem-solving and analytical abilities
- Ability to work independently and collaboratively
Compensation & Benefits
- Competitive salary based on experience
- Annual bonus eligibility
- Extended health and dental benefits
- Hybrid work flexibility
- Professional growth opportunities
Pay: $66,000.00-$120,000.00 per year
Benefits:
- Dental care
- Employee assistance program
- Extended health care
- Life insurance
- On-site parking
- Paid time off
- Vision care
Work Location: In person
