Revenue Reporting Accounting Advisor

Job Duties & Responsibilities

• Analyze marketing contracts and oil & gas leases to ensure accurate ASC 606 revenue recognition for royalty and working interest arrangements
• Interpret lease language and partner with Legal and Operations to establish and maintain owner payment terms within PRAR
• Research and resolve owner, lease, and system discrepancies impacting revenue, billing, and payments
• Process documentation and accounting/legal directives affecting owner setup, payment, or billing status
• Support SOX compliance, internal controls, and serve as primary contact for internal and external auditors
• Summarize and present complex revenue and lease data in clear, actionable insights for management
• Drive process improvements and automation efforts while mentoring and supporting revenue accounting team members

Required Qualifications

• 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
• Excellent analytical, problem-solving, and communication skills
• Prioritization of collaboration across functions in a fast-paced, evolving environment
• Strong attention to detail and ability to interpret complex contracts and lease language

Preferred Qualifications

• CPA license
• 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

Pay

Competitive salary commensurate with experience.

Schedule

Full-time position.

Benefits

Comprehensive benefits package including health insurance, retirement plans, and paid time off.

Skills

N/A

Benefits

N/A

Schedule

N/A

Application Instructions

Please apply using "Jobs Hub" in Workday. This career site is for external applicants only.

Equal Opportunity Employer

Diamondback is an Equal Employment Opportunity Employer. Diamondback provides equal employment opportunities to all qualified applicants without regard to race, sex, sexual orientation, gender identity, national origin, color, age, religion, veteran or disability status, genetic information, pregnancy, or any other status protected by law. Diamondback participates in E-Verify. Learn more about E-Verify.