About the role

Aplyr's Quick Take

This role is primarily about overseeing revenue reporting and accounting in the oil and gas sector. You'll be mentoring team members, ensuring compliance, and collaborating with various departments to resolve revenue issues. It's a senior individual contributor role with some leadership responsibilities.

Good fit

Ideal candidates have over ten years of accounting experience, particularly in revenue accounting within the oil and gas industry. A strong analytical mindset and proficiency in Excel are essential, along with the ability to adapt to changing priorities.

Worth noting

The position requires significant experience, which may limit applicants to those who have spent a long time in the field. The emphasis on process improvement suggests a focus on efficiency, which could be appealing for those who enjoy optimizing workflows.

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The primary responsibility of this position is to serve as a trusted advisor for revenue reporting and accounting matters, providing expert guidance and oversight across oil and gas revenue activities. This role leads and mentors team members while performing detailed revenue analysis, ensuring accurate reporting, compliance with accounting standards, and consistent application of policies. The Revenue Reporting Accounting Advisor partners closely with cross‑functional teams to resolve complex revenue issues, support audits, and drive continuous improvement in reporting processes and controls.

Job Duties and Responsibilities:

Provide oversight and support for the coordination and timely completion of month‑end revenue close activities
Perform first‑level review of revenue vouchers to ensure accuracy, completeness, and compliance with accounting policies prior to posting in SAP
Serve as a key liaison with Production, Division Order, and Operational teams to ensure alignment on revenue reporting matters
Ensure all revenue distribution deadlines are met and proactively address potential risks or delays
Support the development and enhancement of workflow processes to promote efficiency, consistency, and strong internal controls
Lead and assist with ad hoc projects and special initiatives related to revenue reporting, analysis, and process improvement
Communicate effectively to research, escalate, and resolve complex or cross‑functional revenue and operational issues
Prepare and review monthly revenue‑related account reconciliations as needed, ensuring accuracy and proper documentation

Required Qualifications:

Bachelor’s degree (BBA or BS) in Accounting, Finance, Business Administration or related fields
A minimum of ten (10+) years of progressive accounting experience
Strong working knowledge of revenue accounting, production, and general accounting principles
Demonstrated experience in MS Excel, including skills creating and configuring XLOOKUPs, Pivot Tables, and Sum IF formulas

Preferred Qualifications:

A minimum of eight (8+) years of relevant experience with an Oil & Gas upstream company
Bachelor's Degree in Accounting
Demonstrated experience identifying, recommending, and implementing process improvements to enhance efficiency and effectiveness
Ability to remain flexible and adapt to changing priorities and daily work assignments
Strong organizational and time management skills with the ability to manage multiple deadlines
High attention to detail combined with strong analytical, problem‑solving, and collaborative skills

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.

Aplyr's read

Diamondback Energy thrives in the Permian Basin, attracting professionals skilled in oil and gas exploration and production. The company offers roles from geology to accounting.
Synthesized from recent postings & public sources

What's promising

•Strong focus on the prolific Permian Basin, a key oil production area.
•Recent expansion in technical and operational roles indicates growth.
•Emphasis on unconventional reserves suggests innovative exploration strategies.

What to watch

•Oil and gas industry volatility can impact job stability.
•Environmental regulations pose significant operational challenges.
•Dependence on the Permian Basin may limit geographic diversification.

Why Diamondback Energy

•Specializes in unconventional oil and gas reserves, setting it apart from traditional producers.
•Significant investment in remote operations technology enhances efficiency.
•Operates primarily in the Permian Basin, a major U.S. oil hub.

Aplyr’s read is generated by AI from public sources. Was it useful?

About Diamondback Energy

Diamondback Energy

ir.diamondbackenergy.com

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Diamondback Energy is an independent oil and natural gas company focused on the acquisition, development, exploration, and production of unconventional oil and natural gas reserves in the Permian Basin in West Texas.