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Operations Accounting Lead

Operations Accounting Lead

CompanyDiamondback Energy
LocationOklahoma City, OK, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Bachelor’s degree (BBA or BS) in Accounting
  • Eight (8+) years of Oil and Gas accounting experience
  • Eight (8+) years of demonstrated experience in Microsoft Office, (i.e. Excel, Word, PowerPoint, Outlook)
  • Strong understanding of oil and gas accounting concepts and principles, in accordance with Generally Accepted Accounting Principles (GAAP)

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
  • 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
  • Manage and assist with various AFE requests, as required
  • 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

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.
  • 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