Manager Accounting

1 month ago

Oklahoma City, United States Diamondback Energy Full time

Summary: This position will manage & develop personnel with high-level focus on lease revenue analytics, reporting and accruals.

Job Duties and Responsibilities:

* Manage 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 * Ensure compliance with Sarbanes Oxley and internal control processes and monitoring procedures * Assist with internal and external audits and reporting assigned * Monitor and oversee the month end accruals and revenue reporting close processes * Manage, coordinate, and review internal and external audit requests and follow-up * Assist with the preparation of monthly volumetric reporting * 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 * Review quarterly and year end reports for Financial Reporting & SEC teams * Present monthly accrual vs actual PPA reports to various departments and upper management * Review journal entries related to payouts, A&D activity, revenue reclass, etc. * Prepare monthly general ledger reconciliations, coordinate team analytics and assist in reconciling * Communicate effectively to resolve any escalated issues arising from operations and/or requiring coordination with other departments * Create workflow processes between team members * Identify and communicate areas for automation and process improvements * Create and/or improve revenue accrual processes to enhance efficiency * Mentor, coach, and develop team members along their career path and coordinate the training of new team members * Interview new potential team members and make hiring recommendations * Prepare and conduct annual reviews for team members and address and resolve personnel issues as the occur * Other responsibilities and reporting as assigned by management

Required Qualifications:

* Bachelor's degree in Accounting required * Minimum ten (10+) years of Oil and Gas Accounting experience * Five (5+) or more years of experience in progressive accounting leadership roles * Experience with SAP * At least ten (10+) years of demonstrated experience in Microsoft Office (i.e. Excel, Word, PowerPoint, Outlook)

Preferred Qualifications:

* Experience in a similar revenue reporting-focused position * Team-focused individual * Strong analytical 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 * Flexibility to grow and adapt with company needs * 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.

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