Diamondback Energy · 5 hours ago
Joint Interest Billing Supervisor
Oklahoma City, OK
Full-time
Onsite
Senior Level
5+ years expDiamondback Energy is a company focused on the oil and gas industry, and they are seeking a Joint Interest Billing Supervisor. The role involves supervising the JIB team, ensuring accurate billing processes, and maintaining compliance with industry regulations and internal policies.
EnergyEnergy ManagementOil and Gas
No H1B
Responsibilities
Supervise and coordinate the activities of the JIB team for both operated and non-operated assets
Train, mentor, and provide ongoing support to team members
Assist in the design and documentation of procedures and controls as needed
Collaborate with various teams to ensure master data, coding validation rules, AFE processes and allocation updates are established and maintained to support an efficient JIB process
Ensure team compliance with internal controls and support internal, external and JV audits by providing documentation and responding to inquiries
Oversee bill-out of Overhead including Drilling, Completion, Producing, Major Construction and Field Office Expense
Assist with the monthly close process and ensure all JIB-related activities are completed accurately and on time
Prepare monthly reporting and present to the accounting leadership team
Monthly review of unbilled JIB suspense items for charges that can be transferred to the joint account
Review journal entries for recurring entries and corrections
Responsible for maintaining monthly close check list and the completion thereof
Review monthly reconciliations, as assigned
Assist with software implementations and upgrades
Other tasks and projects, as assigned
Qualification
Required
Bachelor's degree (BBA or BS) in Accounting, Finance, Business Administration or related fields
Minimum of five (5+) of experience in oil and gas accounting, with at least three (3+) years focused on accounts payable and joint interest billing
Minimum of five (5+) years of experience leading teams
Demonstrated experience in MS Excel, including skills creating and configuring VLOOKUPs, Pivot Tables, and Sum IF formulas
Preferred
Preferred ten (10+) years of experience in oil and gas accounting
Bachelor's Degree in Accounting preferred
Strong understanding of COPAS guidelines, oil and gas accounting principles, including cost allocations
Experience with SAP and Energylink
Ability to work collaboratively with cross-functional teams, partners and auditors
Attention to detail with ability to multi-task, prioritize workload, work independently, and maintain organized files
Examples of suggested and implemented process improvements to increase efficiency
Exceptional analytical skills with the ability to interpret complex financial data
Ability to thrive in a dynamic and fast-paced environment
Flexibility regarding daily work assignments and priorities
Excellent organizational and time management skills
Strong attention to detail with ability to quickly pick up on new concepts
Company
Diamondback Energy
Diamondback Energy to Acquire Mineral Interests in Midland County
1001-5000 employees
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
Leadership Team
Albert Barkmann
Vice President Reservoir Engineering
Kaes Van't Hof
Vice President
Recent News
2026-01-09
2025-12-31
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