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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 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
• Support month-end close activities, including JIB accruals and suspense account management
• 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

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.