Operations Accounting Lead

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Job Duties and Responsibilities:

• Assist the supervisor with leading the capital accruals team, with oversight of related daily activities to ensure deadlines are met
• Review and post monthly capital accrual entries and associated balance sheet reconciliations
• Ensure accurate and timely recording of financial transactions in accordance with established accounting standards and company policies
• Provide analysis on capital expenditures and guidance on appropriate accounting treatment to Operations teams and others within accounting, utilizing general understanding of oil and gas accounting concepts
• Compile variance analysis for monthly Capex accruals and Capex incurred to assist in the improvement of overall business performance and operational decisions
• Effectively communicate complex oil and gas accounting concepts to cross-organizational teams
• Recommend/implement process improvements to create efficiencies for the business and incorporate streamlining and automation where effective
• Assist with the preparation of monthly capital reporting presentations to operations and accounting leadership
• Prepare reports as requested by management and act as first-level review for any reports created by team members
• Collaborate with others in accounting and across the organization for projects, as needed
• Provide support and advice to other team members on complex issues or projects
• Other duties or ad hoc projects, analysis or reviews as needed or requested

Required Qualifications:

• Bachelor's degree (BBA or BS) in Accounting

• Eight (8)+ years of accounting experience, preferably in Oil and Gas
• Eight (8)+ years of demonstrated experience in Microsoft Office, (i.e. Excel, Word, PowerPoint, Outlook)
• Strong working knowledge of financial analysis and general accounting principles

Preferred Qualifications:

• SAP experience preferred
• High degree of accuracy and attention to detail
• Strong analytical, problem solving and critical thinking skills
• Automation experience utilizing software tools such as Spotfire, SQL, Snowflake, etc.

• Strong understanding of oil and gas accounting concepts and principles, in accordance with Generally Accepted Accounting Principles (GAAP)
• 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

• Flexible regarding workload and priorities
• Possess a positive and team-oriented attitude

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.