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Diamondback Energy · 5 months ago

Viper - Financial Accounting Manager

Oklahoma City, OK

Full-time

Onsite

Senior Level

5+ years exp

Diamondback Energy is a prominent player in the energy sector, and they are seeking a Financial Accounting Manager to oversee the financial accounting group. This role involves managing the general ledger, preparing financial statements, and ensuring compliance with accounting standards and regulations.

EnergyEnergy ManagementOil and Gas

Comp. & Benefits

No H1B

Responsibilities

Oversee the daily activities required to maintain the company’s general ledger for both Corporate and A&D accounting

Supervise, direct, and review the work of accounting staff

Review consolidated financial statements (Balance Sheet, Income Statement and Statement of Unitholders’ Equity, Statement of Cash Flows) including guarantor financial statements

Review of quarterly and annual SEC filings for accuracy and completeness of financial data

Review monthly elimination and consolidation entries for financial statements including ASC 810 evaluation

Provide clear and concise analysis of financial results and key financial measurements driving the business' results, including explanations of variances between plan, prior periods, and forecasts

Review processes for Acquisitions and Divestitures to ensure proper and consistent accounting treatment as well as consistency in the closing/post-closing for transactions

Responsible for documenting ASC 805 determinations for all upstream transactions including preparation of significance test and communicating reporting requirements to management

Accountable for detailed trial balance review including flux analysis and variance explanations

Monitor/review monthly account reconciliations; ensure normal balances

Manage, monitor and work to improve accounting procedures, internal controls and database management ensuring compliance Sarbanes Oxley

Audits workflow to ensure that all accounting transactions are processed accurately and in compliance with industry standards

Oversee the coordination year-end audit with external auditors and assist in the preparation and review of audit schedules, data, and information

Recommend policy and process improvements within the accounting department

Complete special projects/reports timely and accurately as requested by management

Other duties as assigned

Qualification

US GAAPSEC regulationsOilGas IndustryFinancial reportingPublic accountingTeam developmentLeadershipProblem solvingCollaboration

Required

Bachelor's degree (BBA or BS) in Accounting, Finance, Business Administration or related fields

Five (5+) or more years of experience in progressive accounting and financial reporting leadership roles

Five (5+) years of experience in the Oil and Gas Industry

At least three (3+) years of experience in public accounting

Strong knowledge of US GAAP, SEC rules and regulations, and internal controls

Ability to effectively prioritize work, establish and execute plans to meet tight deadlines, multi-task, and work under pressure with strong attention to details

Experience in analyzing business performance and developing financial reporting systems within a multi-entity environment