Billing Analyst II

At H&P, our people are our strength.

Since 1920, Helmerich and Payne has been the industry’s most trusted partner in drilling productivity and reliability. As the world changes, so does our approach.

We are changing the landscape of drilling by using cutting-edge rig technologies and drilling solutions to build upon a century of success, all while continuing to deliver better outcomes for our customers.

At H&P, our people are our strength. We strive to continually lead with our Core Values that enable employees to develop on their H&P Journey.

We believe that doing the right thing means creating a more diverse, equitable, and inclusive workplace that empowers our people to bring their authentic selves to work every day.

Some companies offer career paths. We offer a Journey of a Lifetime. Let's go far, together.

Hear directly from our employees, and leaders about their unique journeys at Helmerich and Payne.

At a Glance :

Analyze, Review and Interpret Operational Rig activity to accurately recognize revenue. Review and understand Rig Contracts in relation to recording Revenue and invoicing Operators

What you will do :

Collaborate with Sales, Administrators, Operations and the Performance groups to ensure accurate revenue captured for all Performance and Nonperformance Contracts

Analyze daily tour reports for assigned rigs to apply contractually agreed upon rates to invoices.

Understand drilling operations and their relation to contractual rates

Track and update expected term expirations dates of contracts understanding the nuances of Rig Contracts

Accurately calculate and provide when needed term remaining on Contracts and Penalty Amounts

Review, analyze and assist Contract Maintenance team with draft amendment letters to ensure billing and audit compliance

Execute updates of signed amendment letters to various systems and files to ensure revenue is recognized accurately

Ensure all rental items are billed for by updating additional charge table in Oracle and ensuring response from Admin on review completed

Reconcile and Account for variances between bid and actual revenues on a per rig basis each month

Update Oracle with Operator specific submission data

Create and maintain Pricebooks containing contractual revenue and part numbers for Operators

Assist Accounts Receivable Collections Group with invoice disputes, when necessary

Ensure contractual performance bonuses are billed accurately and timely on Contracts with performance incentives

Create new Projects in Oracle for the latest signed contracts

Review Pason and WellData daily for well changes and update Oracle with new Tasks

Export rig hours daily / regularly in CIM

Ensure compliance with SOX requirements

Maintain accuracy of Contract Bids

Track and maintain unbilled revenue accruals on Teams monthly

Maintain additional charge spreadsheet and communicate with field on changes

Update HPC for additional equipment selected by Operators

Bill for Damaged Pipe, as needed

Review and approve 3rd party invoices for contractual and submission requirements for various Operators

Meet all deadlines given by management

What you need :

Bachelors in Accounting, Finance or Business preferred.

Highly motivated, self-starting individual able to manage to daily activities with little supervision in a fast-paced environment

Experience with Oracle, Viper +, OpenInvoice, Pason, WellData, and CIM are a plus

Ability to effectively collaborate as a strong team player with individuals and teams across the company

Highly analytical with demonstrated quantitative skills

Proficient with Microsoft Office products including advanced Excel skills

Ability to organize and work on multiple activities which require close attention to detail

Demonstrates H&P Core Values and Safety Leadership

What we offer :

At H&P, our commitment to our people is at the forefront, and that includes benefits that provide employees a sense of health and financial security.

We know that life continues outside of employment and actively caring of our people is our priority.

Comprehensive medical, dental, vision, and life insurance

Flexible Spending or Health Savings Accounts

401k match

Paid Leave Plans

Parental & Adoption Benefits

Disability Coverage

Employee Assistance Program

Educational Assistance

Learning & Development Opportunities

Flex-scheduling available for qualifying positions to achieve work-life integration

H&P is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability.