Diamondback Energy

Diamondback Energy

Revenue Reporting Accounting Advisor

Oklahoma City, OK

Sponsorship not specifiedDetected 50 days ago
ComplianceAccountingResearchLeadershipCommunicationProblem SolvingMentoringSarbanes-OxleyInternal Audit

About the role

  • CURRENT EMPLOYEES - Please apply using "Jobs Hub" in Workday.
  • This career site is for external applicants only.
  • The ideal candidate will play a key role in ensuring accurate revenue recognition and compliance with ASC 606.

Responsibilities

  • Interpret lease language and partner with Legal and Operations to establish and maintain owner payment terms within PRA
  • Support SOX compliance, internal controls, and serve as primary contact for internal and external auditors
  • Support acquisitions and divestitures related to owner setup, payments, and revenue recognition
  • Drive process improvements and automation efforts while mentoring and supporting revenue accounting team members

Requirements

  • Bachelor's degree in accounting, Finance, or related field
  • 10+ years of accounting experience with significant oil & gas revenue accounting exposure
  • Strong working knowledge of ASC 606, revenue recognition, and oil & gas lease accounting
  • Experience with royalty and working interest ownership structures
  • Strong attention to detail and ability to interpret complex contracts and lease language

Nice to have

  • Experience supporting internal and external audits in a SOX-compliant environment
  • Prior involvement in mergers, acquisitions, or divestiture within oil & gas
  • Experience driving process improvements, automation, or system enhancements
  • Demonstrated leadership or mentorship experience within an accounting or revenue team
  • Diamondback is an Equal Employment Opportunity Employer.
  • Diamondback participates in E-Verify.
  • Learn more about E-Verify.

Company info

  • We are seeking an experienced Accounting Advisor to join our Revenue Team at a leading, publicly traded oil and gas company.
  • In addition, this role should focus specifically on oil and gas revenue leases.
  • Including the analysis and review of lease agreements that pertain to royalty and working interest arrangements within the industry.

This listing is sourced directly from Diamondback Energy's careers page and normalized into a canonical job model.