Joint Venture & Operations Accountant

Job summary

Manage joint venture accounting, including property and partner records, JIBs, AFEs, equalizations, partner disputes, and audit support. Oversee payables, revenue, royalties, land payments, month-end close, regulatory remittances, and year-end support.

Job details

Company Description Wolf Lake Exploration Ltd. is a privately held Canadian exploration and production company focused on disciplined growth and long-term value creation. The organization identifies, acquires, and develops oil and gas assets across core operating areas, maintaining a flexible and opportunistic investment strategy. Wolf Lake Exploration emphasizes responsible operations and sound financial management to support sustainable expansion. Team members join a dynamic environment where strategic thinking and operational excellence are valued and encouraged. Title: JV & Operations Accountant Location: Hybrid (Home & Head Office Downtown Calgary) Placement: Contract or Full-Time Staff Compensation: Market rate/salary commensurate with experience; includes health/dental coverage and downtown parking allowance (employee). JOINT VENTURE ACCOUNTING Set up and maintain properties, cost centres, partners, DOIs, and AFEs in Pandell JV, including onboarding acquisitions. Book monthly JV activity and issue JIBs for operated properties, including CAPL overhead calculations. Review, code, and pay non-operated JIBs; manage and resolve partner disputes. Execute facility and pipeline equalizations and ownership adjustments. Configure gas handling and processing arrangements; invoice third-party fees. Track AFEs against actuals, execute close-outs, and issue cash calls. Administer EnergyLink statement exchanges and support partner/operator audits. ACCOUNTS PAYABLE & DISBURSEMENTS Manage full-cycle AP via OpenInvoice: vendor setup, invoice intake, coding, routing, and posting. Execute semi-monthly payment runs (cheque and EFT). Process vendor credit applications, reconcile corporate credit cards, and code expense reports. REVENUE, RECEIVABLES & ROYALTIES Record revenue from purchaser/marketer statements and execute collections. Invoice monthly processing fees, road use, fuel gas, and sublease rent. Remit Crown, GORR, and freehold royalties; maintain royalty owner records and acquisition updates. LAND PAYMENTS & ADMINISTRATION Manage payment records in Landworks: lessors, payees, rental schedules, and history. Remit surface lease rentals, landowner compensation, Crown/freehold mineral rentals, bonuses, and freehold mineral tax. Coordinate with the land department on lease amendments, rental reviews, and payment schedules. MONTH-END & COMPLIANCE Execute operational month-end close: accruals, sub-ledger/intercompany reconciliations, lease operating statements, and reporting. Prepare monthly GST returns; accrue municipal property taxes and AER levies. Record payroll journal entries and reconcile source-deduction remittances. Support year-end financial statements and tax filings with external accountants. Qualifications (MUST HAVE): Authorized to work in Canada without sponsorship. Extensive Canadian Oil & Gas operations accounting experience at a licensed operator. Direct, hands-on joint venture accounting experience, specifically managing JIBs, AFEs, CAPL overhead, and facility equalizations. Proven software proficiency with Pandell JV (or equivalent) and OpenInvoice. Comprehensive knowledge of Alberta regulatory financial obligations, including Crown/freehold royalties, mineral tax, and surface lease rentals. Proven track record of high-autonomy management within a junior oil and gas company.

What you’ll do

Manage joint venture accounting, including property and partner records, JIBs, AFEs, equalizations, partner disputes, and audit support. Oversee payables, revenue, royalties, land payments, month-end close, regulatory remittances, and year-end support.

Requirements

Requires authorization to work in Canada without sponsorship and extensive oil and gas operations accounting experience at a licensed operator, including hands-on joint venture accounting. Candidates must have proficiency with Pandell JV or an equivalent system and OpenInvoice, knowledge of Alberta regulatory financial obligations, and the ability to work autonomously in a junior oil and gas company.

Benefits

• Health And Dental Coverage
• Downtown Parking Allowance

Listed skills

• Month-End Close · Preferred
• Financial Reconciliation · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Joint Venture Accounting
• Joint Interest Billings
• AFE Management
• CAPL Overhead Calculations
• Facility Equalizations
• Accounts Payable
• Revenue And Receivables
• Royalty Administration
• Land Payments
• Month-End Close
• GST Returns
• Financial Reconciliation
• Pandell JV
• OpenInvoice
• EnergyLink
• Landworks

Job areas

• Finance & Accounting
• Energy