Job Title : Supervisor Accounting Revenue Reporting
Department : Revenue Accounting
Summary : This position will supervise & develop personnel with high-level focus on lease revenue analytics, reporting and accruals.
Job Duties and Responsibilities :
- Supervise the daily activities and staff of the revenue reporting team to ensure deadlines are met
- Ensure compliance with applicable policies and review contracts to ensure that revenue is recorded in compliance with US GAAP
- Ensure all revenue-related policies and procedures are documented and followed and create workflow processes between team members
- Ensure compliance with Sarbanes Oxley and internal control processes and monitoring procedures
- Manage, coordinate, and review internal and external audit requests and follow-up; assist with reporting as assigned
- Provide input to strategic decisions that affect the numerous revenue streams
- Review revenue accruals for accuracy and compliance with contracts prior to posting into the Accounting Software
- Maintain a close working relationship with Production, Division Order, and Operational departments and communicate effectively to resolve any escalated issues that arise
- Review quarterly and year end reports for Financial Reporting & SEC teams
- Monitor and oversee the month end accruals and revenue reporting close processes
- Present monthly accrual vs actual PPA reports to various departments and upper management
- Assist with the preparation of monthly volumetric reporting
- Prepare monthly general ledger reconciliations, coordinate team analytics and assist in reconciling
- Review journal entries related to payouts, A&D activity, revenue reclass, etc.
- Identify, improve, create, and communicate areas for automation and process improvements to enhance efficiency in the revenue accrual processes
- Mentor, coach and develop team members along their career path and coordinate the training of new team members
- Supervise, direct, and review the work of team members, while addressing personnel issues and managing hiring needs
- Other responsibilities and reporting as assigned by management
Required Qualifications :
- Bachelor’s degree in Accounting
- Minimum five (5+) years of Oil and Gas Accounting experience
- At least five (5+) years of demonstrated experience in Microsoft Office, (i.e. Excel, Word, PowerPoint, Outlook)
- Experience with SAP
Preferred Qualifications :
- Supervisory experience preferred
- Experience in a similar revenue reporting focused position
- Team-oriented individual
- 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
- Flexible regarding workload and priorities
- Ability to multi-task in a fast-paced environment
Relocation :
This position is not eligible for relocation assistance.
Work Authorization :
Diamondback Energy is not currently sponsoring employment visas for this position.
30+ days ago