Diamondback Energy Inc

Senior Revenue Accountant (non-op)

Diamondback Energy Inc$85K — $110K *
Energy & Utilities
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting or Finance
  • 5+ years of Accounting Experience
  • 3+ years in Oil & Gas Accounting
  • Advanced proficiency in Excel
  • Strong understanding of revenue and general accounting principles

Responsibilities

  • Analyze monthly revenue data for accrual processes
  • Prepare journal entries for properties
  • Reconcile revenue accruals to actuals
  • Collaborate with other departments to resolve discrepancies
  • Prepare monthly account reconciliations
  • Assist with financial reporting related to revenue
  • Ensure compliance with internal controls and SOX requirements

Benefits

  • Opportunity for career growth and development
  • Work in a collaborative environment
  • Supportive team culture to meet reporting objectives
  • Engage in diverse financial analysis and special projects
  • Flexible work environment with potential for remote work options
Full Job Description
CURRENT EMPLOYEES - Please apply using "Jobs Hub" in Workday. This career site is for external applicants only.

We are seeking a detail-oriented and experienced Oil and Gas Revenue Reporting Accountant to join our team. This role is responsible for analyzing and recording revenue accrual and re-accrual entries with minimal supervision, ensuring compliance with GAAP, and supporting accurate and timely financial reporting. The ideal candidate will have a strong understanding of oil and gas accounting principles, revenue recognition, and accrual methodologies.

Job Responsibilities:

Include but are not limited to:
  • Analyze monthly revenue data, including production volumes and pricing, to support accrual and re-accrual processes
  • Prepare journal entries for operated and non-operated properties
  • Reconcile revenue accruals to actuals and investigate variances, including support for PPA analysis
  • Collaborate cross-functionally with other departments to resolve discrepancies and ensure accurate revenue reporting
  • Prepare monthly account reconciliations
  • Assist with the preparation of financial reporting and disclosures related to revenue
  • Support team members as needed to meet reporting objectives
  • Ensure all revenue reporting deadlines are met in a timely manner
  • Perform ad hoc analysis and special projects as assigned
  • Ensure compliance with internal controls and SOX requirements related to revenue processes


Required Qualifications:
  • Bachelor's degree (BBA or BS) in Accounting or Finance
  • Minimum of Five (5+) years of Accounting Experience, with three (3+) of those years being in Oil & Gas Accounting
  • Advanced proficiency in Excel (e.g., XLOOKUP, SUMIF, Pivot Tables)
  • Strong understanding of revenue accounting and general accounting principles


Preferred Qualifications:
  • Demonstrated experience driving process improvements and implementing efficiencies
  • Ability to adapt to changing priorities and work assignments
  • Excellent organizational and time management skills
  • Strong attention to detail with the ability to quickly learn new systems and concepts
  • Experience with SAP or similar ERP systems


Relocation:

This position is not 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
Net Income
-$4.5 billion
Founded
2007
5 Year Trend
+66.8%
Revenue
$2.8 billion
NASDAQ

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