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Operations Accounting Supervisor

Diamondback Energy
Oklahoma City, United Statesfull_timeVerifiedPosted 22 Aug 2024

About the role

Job Title:             Supervisor Accounting – Operations 

Department:      Operations Accounting

 

Summary: The Operations Accounting Supervisor is responsible for capital expenditures (Capex) and lease operating expenses (LOE) accruals and reporting. The Supervisor will be responsible for guiding and directing work to analyze and report trend analysis and actual results. Excellent communication skills and the ability to report timely and accurately are a necessity in this role. The Supervisor will be responsible for guiding a team to accomplish goals and should have strong leadership skills and attention to detail for review of work being completed to meet month end closing deadlines. Some travel may be necessary to effectively provide results and gather reporting requirements.

 

Job Duties and Responsibilities: 

  • Prepare and present monthly operating results to various leadership teams
  • Review, assist and post corrections or reclass entries resulting from analysis throughout the month in addition to assisting with analysis and questions as needed
  • Review and post all Operated and Non-Operated accruals for Capex, LOE, and Non-Operated, including review of flux and activity analysis
  • Review and assist with updating and reviewing monthly LOE and Capex presentation slide decks
  • Review, approve, and post journal entries including maintaining and updating tasks in Blackline
  • Monitor and review closing tasks in Blackline for timeliness and prepare comments and status for daily close meetings
  • Review and prepare comments for soft close file and meeting
  • Review and provide feedback for monthly reconciliations and monitor status and completion in Blackline
  • Prepare, review, and submit audit and PBC reporting
  • Continual process review for improvement and automation to create best practices for all responsibilities and tasks assigned including enhanced reporting and analysis; manage personnel and coordinate with IT all tasks associated with these improvements
  • Assist and respond to Operations groups Capex, LOE, cost reporting, or accrual related questions and/or issues
  • Embrace and cultivate the company culture on the team
  • Personnel responsibilities including preparing and running team meetings and one on one meetings, providing feedback and discussing career path at mid-year and end of year performance discussions,  and review, manage, and approve team weekly time sheets
  • Other duties or ad hoc projects, analysis or reviews as needed or requested

 

Required Qualifications: 

  • Four-year degree (BBA or BS) in Accounting
  • At least five (5+) years of experience leading/supervising
  • Demonstrated experience in MS Excel, including skills creating and configuring VLOOKUPs, Pivot Tables, and Sum IF formulas
  • Familiarity with internal controls, principles, and practices
  • Proficiency in oil and gas accounting reporting, and processing concepts
  • Ability to effectively communicate information to and work with all levels of the organization
  • Strong attention to detail with ability to quickly pick up on new concepts

 

Preferred Qualifications: 

  • SAP experience preferred
  • Strong time management and project management skills
  • Strong analytical, problem solving, and collaborative skills
  • Ability to multi-task in a fast-paced environment
  • Flexible regarding workload and priorities

Relocation:

This position is not eligible for relocation assistance.

 

Work Authorization:

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

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Company

Diamondback Energy

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