Lead Accountant
The Lead Accountant will assist the supervisor with daily oversight and guidance for the capital accrual team, with high level focus on capital analysis and accuracy for capital reporting.
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
- 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
Required Qualifications :
Bachelor's degree (BBA or BS) in AccountingEight (8+) years of Oil and Gas accounting experienceEight (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)Preferred Qualifications :
SAP experience preferredHigh degree of accuracy and attention to detailStrong analytical, problem solving and critical thinking skillsAutomation experience utilizing software tools such as Spotfire, SQL, Snowflake, etc.Ability to suggest and implement process improvements to increase effectiveness while ensuring SOX complianceCommunication skills to effectively work with all levels of an organizationFlexible regarding workload and prioritiesPossess a positive and team-oriented attitudeRelocation :
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.