Jobs · Accounting · Oklahoma

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.

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