Accounting, Analysis Skills, Automation, Balance Sheet, Billing, Communication Skills, Continuous Improvement, Cost Allocation, Data Entry, Data Quality, Detail Oriented, Documentation, External Audit, Finance, Internal Audit, Joint Interest Billing (JIB), Journal Entries, Microsoft Excel, Microsoft Office, Oil and Gas, Problem Solving Skills, Process Improvement, Property Maintenance, Reconciliation, Research Skills, SAP, Sarbanes-Oxley Act (SOX), Team Player, Time Management
LOCATION
Oklahoma City, OK
POSTED
19 days ago
CURRENT EMPLOYEES - Please apply using "Jobs Hub" in Workday. This career site is for external applicants only.
The Senior I Joint Interest Accountant will be responsible for supporting the end-to-end Joint Interest Billing (JIB) process for operated properties, including preparation, review, and analysis of monthly billings. This role requires strong attention to detail, analytical skills, and a high degree of accuracy, as well as the ability to research and resolve discrepancies. The position also requires effective communication skills to collaborate with internal teams and external partners.
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
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
High degree of accuracy and attention to detail
Strong analytical, problem-solving, and critical thinking skills
Ability to operate both independently and as part of a team
Eye for continuous improvement opportunities
Ability to pick up on new concepts quickly
Effective communication skills to work with all levels of the organization
Possess a positive and team-oriented attitude
Relocation:
This position is not eligible for relocation assistance.
Work Authorization:
Diamondback Energy is not currently sponsoring employment visas for this position.
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.