Joint Interest Accounting Team Lead
Diamondback Energy · Oklahoma City, OK · Yesterday
AccountingFull-time
Job Responsibilities
- Lead, mentor, and develop the JIB Accounts Receivable professionals, fostering a collaborative, high-performing culture aligned with company values.
- Provide performance management, coaching, goal setting, and employee development support, including evaluations and feedback.
- Oversee daily JIB Accounts Receivable operations, ensuring accurate processing of deposits, entries, adjustments, owner account reconciliations, and monthly netting activities.
- Review and approve balance sheet reconciliations, AR allowance analyses, reverse/rebill transactions, and other accounting deliverables to ensure accuracy and compliance.
- Partner with Owner Relations and cross-functional stakeholders to resolve complex issues, address owner inquiries, and improve operational effectiveness.
- Prepare and review management reporting, monitor key performance metrics, and provide first-level review of team deliverables.
- Maintain SOX compliance and support internal and external audits through documentation, walkthroughs, and timely responses to requests.
- Oversee escheatment activities, stale-dated checks, and other regulatory or compliance-related AR processes.
- Collaborate with IT and business partners to identify, implement, and support process improvements, system enhancements, and operational efficiencies.
- Participate in cross-functional projects, meetings, and other initiatives that support departmental and organizational objectives.
Required Qualifications
- Bachelor’s degree in Accounting, Business Administration, or a related field (Intermediate Accounting I & II preferred).
- Minimum of seven (7) years of progressive accounting experience.
- Strong working knowledge of oil & gas accounting and general accounting principles.
- Proficiency in Microsoft Office, with advanced Excel skills.
Preferred Qualifications
- Experience with SAP or comparable ERP/accounting systems.
- Experience with JIB data exchange platforms (e.g., EnergyLink).
- Working knowledge of COPAS guidelines and interpretations.
- Demonstrated ability to drive process improvements while maintaining SOX compliance.