Revenue Reporting Accountant

Job Description

Revenue Reporting Accountant | Diamondback Energy

The Tone:
This is an in-person role at Diamondback Energy. The company operates within the energy sector, and this position plays a critical part in ensuring the accuracy and timeliness of its financial reporting. The Revenue Reporting Accountant is essential for analyzing complex revenue data, supporting accrual processes, and maintaining the integrity of financial statements. This role directly contributes to reliable financial oversight and compliance within the organization.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person

• Team: Revenue Reporting team, under direct supervision
• Mission: Analyze revenue data and support accrual and re-accrual entries to ensure accurate and timely financial reporting.
• Tech Stack: Microsoft Excel (e.g., XLOOKUP, SUMIF, Pivot Tables)

What You’ll Actually Do
• Analyze: Analyze monthly revenue data, including production volumes and pricing, to support accrual and re-accrual processes.
• Prepare: Prepare accruals, journal entries, and perform all necessary month-end close activities.
• Reconcile: Reconcile general ledger accounts and support broader account reconciliation processes.
• Report: Ensure all revenue reporting deadlines are met promptly and accurately.
• Support: Assist other members of the Revenue Reporting team as needed and perform ad hoc analysis and special projects.

The Must-Haves
• Background: Bachelor’s degree (BBA or BS) in Accounting, with a foundational understanding of revenue accounting, production, and general accounting principles.
• Experience: Foundational career level; one (1+) year of accounting experience is preferred, especially within the oil and gas industry.
• Skills: Proficiency in Microsoft Excel, including functions like XLOOKUP, SUMIF, and Pivot Tables; strong organizational and time management skills; high attention to detail.
• Bonus: Demonstrated interest in process improvements and efficiency enhancements; ability to adapt to changing priorities and work assignments; ability to learn new systems and concepts quickly.