Accounting Lead - Joint Interest

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Job Duties and Responsibilities:

• Role to report in office at Oklahoma City location
• Serve as a leader for the JIB Operated direct reports, with oversight of the related daily activities to ensure deadlines are met and journal entries are completed accurately and on time.
• Act as an overall subject matter expert to ensure department-wide compliance with internal accounting policy and structure, as well as JOA and COPAS guidelines.
• Responsible for functional compliance with Sarbanes Oxley and for facilitating audit requests and walk-throughs as needed.
• Recommend/implement process and system changes to create efficiencies for the business and facilitate the testing and documentation of system updates.
• Facilitate the establishment and maintenance of process documentation and other reference guides for assigned job functions.
• Review monthly journal entries, and SAP processes for JIB Operated team to include production and CAPEX allocation setups, insurance, overhead, company labor, joint interest billing distribution, etc.
• Review monthly billable charges for proper accounting treatment prior to JIB cutback run.
• Monthly balance sheet account reconciliations as assigned
• Resolve escalated issues as needed, including contact and collaboration with multiple other departments throughout the organization.
• Prepare reports as requested by management. Act as first-level review for any reports created by team members.
• Perform various ad hoc projects as assigned, including participating as needed on cross-functional projects.

Required Qualifications:

• Bachelor's degree (BBA or BS) in Accounting, Business Admin, or an equivalent degree (with completion of Intermediate Accounting I & II preferred).
• At least five (5+) years of progressive accounting experience
• At least five (5+) years of demonstrated experience in Microsoft Office, (i.e. Excel, Word, PowerPoint, Outlook)
• Strong working knowledge of oil and gas accounting and general accounting principles

Preferred Qualifications:

• Accounts Receivable leadership experience
• SAP or similar accounting software experience
• Experience with an AR workflow system such as Energylink
• Strong analytical, problem solving, and collaborative skills
• Ability to suggest and implement process improvements to increase effectiveness while ensuring SOX compliance
• Communication skills to effectively work with all levels of an organization
• Process oriented with a strong attention to detail
• Excellent organizational and time management skills
• Ability to operate both independently and as part of a team with minimal supervision required

Relocation:

This position is not eligible for relocation assistance.

Work Authorization:

Diamondback Energy is not currently sponsoring employment visas for this position.

Diamondback is an Equal Employment Opportunity Employer. Diamondback provides equal employment opportunities to all qualified applicants without regard to race, sex, sexual orientation, gender identity, national origin, color, age, religion, veteran or disability status, genetic information, pregnancy, or any other status protected by law. Diamondback participates in E-Verify. Learn more aboutE-Verify.