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.
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