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Joint Venture Audit Analyst

Murphy Oil

At Murphy Oil Corporation, we believe the rich experiences and backgrounds of our employees strengthen our Company, create a productive workforce, and drive our success. We encourage you to apply for the positions for which you meet the qualifications.Job Summary The Joint Venture Audit Analyst coordinates and supports operated and non-operated joint venture audit activities within the upstream oil and gas business. In this role, the individual helps ensure joint venture expenditures, billings, allocations, and audit responses are reviewed, documented, and resolved in accordance with joint operating agreements, company policies, applicable accounting standards, and industry guidance. TheSuccess in this position requires strong analytical skills, sound judgment, clear professional communication, and the ability to work effectively with internal teams and external joint venture partners. The role works in a professional office environment, and regular partners interacts with Joint Venture Accounting, Operations Accounting, Revenue Accounting, Land, Supply Chain, Drilling, Completions, Production Operations, Legal, and external joint venture partners. The role requires frequent coordination across functions to gather obtaining supporting documentation, validate cost treatment, communicate accounting positions, and resolve audit exceptions in a timely and professional manner.The Joint Venture Audit Analyst will be based work in our Houston Corporate office and may work up to two (2) days per week remotely, as business needs allow.ResponsibilitiesCoordinate joint venture audit engagements for operated properties, including audit scheduling, partner communications, information requests, fieldwork support, and audit closing activitiesSupport audits of non-operated properties by reviewing operator billings, supporting documentation, audit claims, and proposed audit exceptionsMaintain the joint venture audit schedule and related tracking tools to monitor audit priorities, timing, partner participation, property coverage, open items, and resolution statusReview joint interest billings, expense allocations, overhead charges, material transfers, contract charges, and related activity for compliance with joint operating agreements and applicable accounting guidanceCoordinate timely responses to audit information requests by gathering documentation from accounting systems, operational teams, supplier records, contracts, invoices, payment records, and other source materialsResearch, track, and resolve audit exceptions for operated and non-operated properties, ensuring conclusions are appropriately supported and documentedPrepare or coordinate journal entries, billing adjustments, credit memos, or other accounting revisions resulting from audit findings, negotiated settlements, or management-approved resolutionsSupport discussions with joint venture partners, operators, and internal stakeholders regarding audit claims, disputed costs, recommended resolutions, and settlement statusMaintain organized audit files, exception logs, settlement documentation, and historical audit records in accordance with company documentation standardsIdentify recurring audit issues, process gaps, or control concerns and recommend practical improvements to strengthen joint venture accounting practicesPartner with internal teams to promote consistent application of joint venture accounting policies, cost allocations, overhead calculations, and documentation requirementsProvide audit status updates, issue summaries, and relevant metrics to management and stakeholders, as requestedQualifications/RequirementsBachelor’s degree in Accounting, Finance, Business Administration, or a related field.Minimum 5 years’ experience in accounting, audit, joint interest billing, joint venture accounting, or a related upstream oil and gas accounting function.Working knowledge of joint operating agreements, joint interest billing practices, cost allocation methods, and oil and gas audit processesFamiliarity with COPAS accounting procedures and industry guidance applicable to operated and non-operated oil and gas propertiesDemonstrated ability to research accounting issues, reconcile data, evaluate supporting documentation, and communicate conclusions clearlyAbility to manage multiple priorities, deadlines, audits, and detailed information requests while maintaining accuracy and professionalismProficiency with Microsoft Excel, Word, Outlook, and related business productivity tools.The individual is required to follow all applicable safety precautions. Work is performed almost entirely in a controlled (i.e., inside) environment and does not typically subject the incumbent to any hazardous/extreme elements; some positions may require regularly moving or transporting items weighing up to 25 lbs. around the office for various needs. The successful candidate must be able to complete all essential physical requirements of the job with or without reasonable accommodation.Desired/Preferred QualificationsExperience using SAP, SAP JV, SAP S/4HANA, or similar oil and gas accounting systems.Prior experience coordinating operated property audits or reviewing non-operated audit claimsExperience supporting audit settlements, joint venture partner discussions, and related accounting adjustmentsKnowledge of upstream oil and gas operations, drilling and completion activity, production operations, materials management, and field cost structuresParticipation in COPAS, industry audit forums, or other relevant professional trainingStrong attention to detail and commitment to accurate, well-supported audit conclusionsExcellent organizational and time management skills, with the ability to prioritize competing requests and deadlinesEffective written and verbal communication skills, including the ability to explain accounting conclusions to financial and non-financial stakeholdersProfessional judgment, integrity, and discretion in handling confidential partner, contract, and financial informationCollaborative work style with the ability to build effective relationships across departments and with external joint venture partnersStrong problem-solving skills with the ability to identify root causes, evaluate alternatives, and recommend practical resolutionsAbility to work independently, take ownership of assigned responsibilities, and keep management informed of significant issues, risks, and recommended actions#LI-HybridPURPOSEWe believe in providing energy that empowers people.MISSION We challenge the norm, tap into our strong legacy and use our foresight and financial discipline to deliver inspired energy solutions.VISION We see a future where we are an industry leader who is positively impacting lives for the next 100 years and beyond.VALUES & BEHAVIORSDo Right AlwaysRespect people, safety, environment and the lawFollow through on commitmentsMake it betterThink Beyond PossibleOffer solutionStep up and leadDon’t settle for “good enough”Embrace new opportunitiesStay With ItShow resilienceLean into challengesSupport each otherConsider the implications_________________________________________________________________________________________________Murphy Oil Corporation participates in the Department of Homeland Security U.S. Citizenship and Immigration Services' E-Verify program. Please read the E-Verify Notice-English / E-Verify Notice-Spanish and Right to Work Notice before proceeding with your job application.For additional information, you may also visit the USCIS website.Murphy Oil Corporation is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, pregnancy, genetic information, disability, and status as a protected veteran, or any other category protected by federal, state or local laws.EEO is the Law Poster EEO is the Law SupplementRequisition ID5263- Posted08/20/2026-United States-Texas-Houston-FIN-

Vacancy posted 15 hours ago
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