Diamondback Energy Inc

Manager Operations Accounting

Diamondback Energy Inc • $100K — $130K *
Oklahoma City, OK 73160In-Person
Energy & Utilities
5 - 7 years of experience
3 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Business Administration, or a similar discipline
  • Minimum of seven years of experience in upstream oil and gas accounting, with three in operations accounting
  • Five or more years in progressive accounting or tax leadership roles
  • Strong knowledge of oil and gas accounting and general accounting principles
  • Exceptional time and project management skills
  • Strong analytical, problem-solving, and collaborative skills
  • Ability to handle multiple tasks in a dynamic environment

Responsibilities

  • Act as a key accounting partner to Operations, supporting Capex, LOE, and reporting inquiries
  • Lead and develop supervisors and team leads, promoting accountability and career growth
  • Enhance team capability through training, delegation, and improved process clarity
  • Ensure accountability for deadlines, accuracy, and continuous improvement across functions
  • Oversee month-end close activities for timely and accurate results
  • Manage preparation and review of operated and non-operated accruals
  • Conduct high-quality variance analysis and reporting for improved financial insights
  • Identify and resolve close risks or bottlenecks while communicating updates to leadership

Benefits

  • Relocation assistance available
  • Support for career development and growth opportunities
  • Involvement in cross-functional initiatives and strategic projects
  • Opportunity to improve processes through automation and standardization
  • Work within a strong internal control environment
Full Job Description
CURRENT EMPLOYEES - Please apply using "Jobs Hub" in Workday. This career site is for external applicants only.

The Operations Accounting Manager leads supervisors and team leads across key operational accounting functions, including Capex, LOE, G&A, ARO, ad valorem taxes, project services, real estate accounting, and FERC reporting. This role owns end-to-end processes, including month-end close, financial reporting, and internal controls, while driving consistency, scalability, and efficiency. As a highly visible, operations-facing leader, the Manager partners cross-functionally with Operations, Land, IT, and other accounting teams, bringing strong oil and gas experience, technical expertise, and a continuous improvement mindset focused on automation, standardization, and building high-performing teams.

Job Duties and Responsibilities:
  • Act as a key accounting partner to Operations, supporting Capex, LOE, accruals, and reporting inquiries
  • Lead, coach, and develop supervisors and team leads, fostering accountability and career growth
  • Build team capability through cross-training, delegation, and process clarity to reduce key-person risk
  • Drive accountability for deadlines, accuracy, and continuous improvement across functions
  • Oversee month-end close activities, ensuring timely, accurate results aligned with the close calendar
  • Oversee preparation and review of operated and non-operated accruals (Capex, LOE, etc.)
  • Drive high-quality variance analysis and reporting to improve clarity of financial insights
  • Identify and resolve close risks or bottlenecks while communicating key updates to leadership
  • Reinforce a strong internal control environment and support cross-functional initiatives (A&D, integrations, system implementations)


Required Qualifications:
  • Bachelor's degree in Accounting, Finance, Business Administration or a similar discipline
  • Minimum of seven (7+) years of experience in accounting for an upstream oil and gas company with at least three (3+) of those in the operations accounting function
  • Five (5+) or more years of experience in progressive accounting or tax leadership roles
  • Strong working knowledge of oil and gas accounting and general accounting principles
  • Strong time management and project management skills
  • Strong analytical, problem solving, and collaborative skills
  • Ability to multi-task in a fast-paced environment
  • Familiarity with internal controls, principles, and practices


Preferred Qualifications:
  • CPA certification
  • SAP or large ERP experience
  • Master's degree in Accounting, Finance or related field
  • Minimum of ten (10+) years of relevant experience with an Oil and Gas upstream company preferred with at least seven (7+) of those in an operations-facing function


Relocation:

This position is eligible for relocation assistance.

Work Authorization:

Diamondback Energy is not currently sponsoring employment visas for this position.

About Diamondback Energy Inc

Diamondback Energy is an independent oil and natural gas company headquartered in Midland, TX. Diamondback’s growth strategy is focused on the acquisition, development, exploration and exploitation of unconventional, long-life, onshore oil and natural gas reserves in the major oil producing Permian Basin in West Texas. The Company’s operations are directed primarily at the large acreage areas of the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations, collectively known as the Wolfberry Trend.

Diamondback Energy Inc Careers

Join the dynamic team at Diamondback Energy Inc, a leader in the energy sector, where innovation, leadership, and a commitment to sustainability power our success. As we expand our operations, there has never been a better time to explore job opportunities with us.

Work You’ll Do

At Diamondback Energy Inc, you will be part of a professional community that values growth, diversity, and leadership. Our team is dedicated to fostering an inclusive culture that thrives on innovation and operational excellence. We offer a range of career paths, from engineering to business management, each with comprehensive benefits and opportunities for professional development.

Transform Your Career

Lead the change in the energy industry with Diamondback Energy Inc. Our company is at the forefront of developing efficient and sustainable energy solutions. By joining our team, you will collaborate with skilled professionals and leaders who are committed to making a significant impact in the energy sector.

Innovative Work Environment

Diamondback Energy Inc is home to a culture of innovation where your ideas can flourish. We are constantly seeking new strategies to enhance our operations and drive growth. With state-of-the-art technology and resources, our team is equipped to tackle challenges and push the boundaries of what's possible in the energy industry.

Career Development and Benefits

We believe in nurturing our team's potential by offering robust training programs, including leadership and diversity training. Our employees enjoy competitive benefits, a supportive work environment, and opportunities for career advancement. At Diamondback Energy Inc, your hard work is recognized and rewarded.

Internship Programs

Kickstart your career with Diamondback Energy Inc’s internship programs. Gain invaluable industry experience, develop your skills, and build a network of professionals. Our internships provide a solid foundation for a successful career in the energy sector.

Join Our Team

Explore the various positions available at Diamondback Energy Inc and find where your skills and interests align with our needs. We are hiring motivated individuals who are ready to contribute to our mission and embrace the challenges of the energy industry.

Stay Connected

Keep up to date with the latest news, job opportunities, and industry insights at Diamondback Energy Inc. Join our network, engage with our community, and discover how you can make a difference in the energy sector.

Apply Now

Ready to take the next step in your career? Check out the open positions on our Jobs page, tailor your resume, and prepare for an interview that could lead to your future role at Diamondback Energy Inc. We are excited to see how your vision, skills, and dedication can contribute to our continued success.

Explore Diamondback Energy Inc Careers

With a commitment to innovation, leadership, and diversity, Diamondback Energy Inc is the perfect place to grow your career. Join us in shaping the future of energy. [SEARCH DIAMONDBACK ENERGY JOBS](#) Stay ahead in your career with Diamondback Energy Inc, where we value every team member's contribution towards our collective goals.
Learn more about Diamondback Energy Inc
Size
870 employees
Market Cap
$23.4 billion
Industry
Energy & Utilities
Net Income
-$4.5 billion
Founded
2007
5 Year Trend
+66.8%
Revenue
$2.8 billion
NASDAQ
FANG
* Ladders Estimates

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