Manager Accounting - Revenue Reporting

Summary: This position will manage & develop personnel with high-level focus on lease revenue analytics, reporting and accruals.

Job Duties and Responsibilities:

• Manage the daily activities and staff of the revenue reporting team to ensure deadlines are met

• Ensure compliance with applicable policies and review contracts to ensure that revenue is recorded in compliance with US GAAP

• Ensure all revenue-related policies and procedures are documented and followed

• Ensure compliance with Sarbanes Oxley and internal control processes and monitoring procedures

• Assist with internal and external audits and reporting assigned

• Monitor and oversee the month end accruals and revenue reporting close processes

• Manage, coordinate, and review internal and external audit requests and follow-up

• Assist with the preparation of monthly volumetric reporting

• Provide input to strategic decisions that affect the numerous revenue streams

• Review revenue accruals for accuracy and compliance with contracts prior to posting into the Accounting Software

• Maintain a close working relationship with Production, Division Order and Operational Departments

• Review quarterly and year end reports for Financial Reporting & SEC teams

• Present monthly accrual vs actual PPA reports to various departments and upper management

• Review journal entries related to payouts, A&D activity, revenue reclass, etc.

• Prepare monthly general ledger reconciliations, coordinate team analytics and assist in reconciling

• Communicate effectively to resolve any escalated issues arising from operations and/or requiring coordination with other departments

• Create workflow processes between team members

• Identify and communicate areas for automation and process improvements

• Create and/or improve revenue accrual processes to enhance efficiency

• Mentor, coach, and develop team members along their career path and coordinate the training of new team members

• Interview new potential team members and make hiring recommendations

• Prepare and conduct annual reviews for team members and address and resolve personnel issues as the occur

• Other responsibilities and reporting as assigned by management

Required Qualifications:

• Bachelor's degree in Accounting required

• Minimum ten (10+) years of Oil and Gas Accounting experience

• Five (5+) or more years of experience in progressive accounting leadership roles

• Experience with SAP

• At least ten (10+) years of demonstrated experience in Microsoft Office (i.e. Excel, Word, PowerPoint, Outlook)

Preferred Qualifications:

• Experience in a similar revenue reporting-focused position

• Team-focused individual

• Strong analytical skills

• Ability to suggest and implement process improvements to increase effectiveness while ensuring SOX compliance

• Communication skills to effectively work with all levels of an organization

• Flexibility to grow and adapt with company needs

• Ability to multi-task in a fast-paced environment

Relocation:

This position is not eligible for relocation assistance.

Work Authorization:

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