Diamondback Energy · 2 weeks ago
Senior Real Estate Accountant
Diamondback Energy is seeking a Senior Real Estate Accountant responsible for managing financial accounting and reporting related to corporate real estate assets and transactions. The role involves collaborating across multiple departments and requires a strong background in real estate accounting and financial analysis.
EnergyEnergy ManagementOil and Gas
Responsibilities
Prepare and analyze monthly journal entries, as well as all aspects of financial reporting for real estate holdings and lease obligations
Maintain accurate records of lease agreements, rent schedules, and property-related expenses
Review and analyze CAM activity and reconciliations to ensure proper treatment and accurate billing to tenants
Coordinate with operations teams to ensure timely invoicing and reconciliation of tenant accounts
Support budgeting and forecasting processes for real estate assets
Ensure compliance with lease terms and accounting standards
Assist in the preparation of journal entries, account reconciliations, and variance analyses
Collaborate with internal and external teams to resolve discrepancies and improve reporting accuracy
Participate in audits and provide documentation related to real estate transactions
Support automation and process improvement initiatives related to assigned tasks
Provide support and advice to other team members on complex issues or projects
Qualification
Required
Bachelor's degree (BBA or BS) in Accounting, Finance, or related field
Minimum of five (5) years of accounting experience with at least three (3) years of specific Real Estate Accounting experience
Familiarity with lease accounting standards
Ability to work independently with a high degree of accuracy and attention to detail
Excellent problem solving and critical thinking skills
Five (5) or more years of demonstrated experience in Microsoft Office, specifically Excel
Preferred
SAP experience
Bachelor's Degree in Accounting preferred
CPA or CPA candidate
Automation experience utilizing software tools such as Spotfire, SQL, Snowflake, etc
Strong understanding of oil and gas accounting concepts and principles, in accordance with GAAP
Eye for continuous improvement opportunities
Flexible regarding workload and priorities
Effective communication skills to work with all levels of the organization
Possess a positive and team-oriented attitude
Company
Diamondback Energy
Diamondback Energy to Acquire Mineral Interests in Midland County
Funding
Current Stage
Public CompanyTotal Funding
$4.25B2025-03-06Post Ipo Debt· $1.2B
2024-09-19Post Ipo Secondary· $2.2B
2024-04-09Post Ipo Debt· $850M
Recent News
2025-12-31
The Motley Fool
2025-11-29
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