Senior Joint Interest Accountant

Diamondback Energy • Oklahoma City, OK

7d • Onsite

About The Position

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.

Requirements

• 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

Nice To Haves

• 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

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

Benefits

• Relocation assistance is not provided for this position.
• Diamondback Energy is not currently sponsoring employment visas for this position.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior