Jobs · Accounting · Oklahoma

Senior Joint Interest Accountant

Diamondback Energy · Oklahoma City, OK · 1 wk ago
AccountingFull-time

Job Duties And Responsibilities

  • Prepare, review, and record monthly company labor billings in accordance with applicable Joint Operating Agreements (JOAs) and COPAS accounting procedures
  • Collaborate with Operations, HR, and Payroll teams to obtain and validate labor data inputs, including employee classifications, time allocations, and rate changes
  • Prepare and process monthly JIB billings for operated properties in accordance with COPAS guidelines and joint operating agreements
  • Review billings for accuracy, completeness, proper cost allocation, and correct SAP cost coding
  • Research and resolve billing exceptions, partner inquiries, and audit requests in a timely manner
  • Prepare monthly balance sheet reconciliations and ensure accurate, timely journal entries
  • Support internal and external audits by providing documentation and ensuring SOX and COPAS compliance
  • Identify and implement process improvements, automation opportunities, and support SAP JIB/JVA enhancements/testing
  • Maintain process documentation and collaborate effectively with internal teams and external partners

Required Qualifications

  • Bachelor's degree in Accounting, Finance or related field
  • Five (5) years of Oil and Gas accounting experience
  • Five (5) or more years of demonstrated experience in Microsoft Office, specifically Excel
  • Strong knowledge of Joint Interest Billing processes and COPAS guidelines

Preferred Qualifications

  • SAP experience preferred
  • A high degree of accuracy and attention to detail
  • Strong analytical, problem-solving, and critical thinking skills
  • The ability to operate both independently and as part of a team
  • An eye for continuous improvement opportunities
  • Effective communication skills to work with all levels of the organization
  • A positive and team-oriented attitude

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