Senior Revenue Accountant (non-op)

Diamondback Energy•Oklahoma City, OK

About The Position

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.

Requirements

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

Nice To Haves

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

Responsibilities

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