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The Accounting Manager in the Financial Accounting group will report to the Controller group. They will be responsible for the day-to-day management of the financial accounting group and the maintenance and detail review of the general ledger. The Accounting Manager will be responsible for the preparation of the financial statements and associated analytics/metrics used for internal and external reporting.

 

Job Duties and Responsibilities:

Oversee the daily activities required to maintain the company’s general ledger for both Corporate and A&D accountingSupervise, direct, and review the work of accounting staffReview consolidated financial statements (Balance Sheet, Income Statement and Statement of Unitholders’ Equity, Statement of Cash Flows) including guarantor financial statementsReview of quarterly and annual SEC filings for accuracy and completeness of financial dataReview monthly elimination and consolidation entries for financial statements including ASC 810 evaluationProvide clear and concise analysis of financial results and key financial measurements driving the business' results, including explanations of variances between plan, prior periods, and forecastsReview processes for Acquisitions and Divestitures to ensure proper and consistent accounting treatment as well as consistency in the closing/post-closing for transactionsResponsible for documenting ASC 805 determinations for all upstream transactions including preparation of significance test and communicating reporting requirements to managementAccountable for detailed trial balance review including flux analysis and variance explanationsMonitor/review monthly account reconciliations; ensure normal balancesManage, monitor and work to improve accounting procedures, internal controls and database management ensuring compliance Sarbanes OxleyAudits workflow to ensure that all accounting transactions are processed accurately and in compliance with industry standardsOversee the coordination year-end audit with external auditors and assist in the preparation and review of audit schedules, data, and informationRecommend policy and process improvements within the accounting departmentComplete special projects/reports timely and accurately as requested by managementOther duties as assigned

Required Qualifications:

Bachelor's degree in accountingFive (5+) or more years of experience in progressive accounting and financial reporting leadership rolesFive (5+) years of experience in the Oil and Gas IndustryAt least three (3+) years of experience in public accountingStrong knowledge of US GAAP, SEC rules and regulations, and internal controlsAbility to effectively prioritize work, establish and execute plans to meet tight deadlines, multi-task, and work under pressure with strong attention to detailsExperience in analyzing business performance and developing financial reporting systems within a multi-entity environment

Preferred Qualifications:

Graduate degree preferredCPA or CPA eligibility preferredSeven (7+) or more years of experience in progressive accounting and financial reporting leadership rolesDemonstrated ability to form, lead and develop high-performing teamsSelf-motivated, with ability to work with minimal instruction to successfully solve problemsAbility to work collaboratively across departmental functions

Relocation:

This position is eligible for relocation assistance.

Work Authorization:

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

Diamondback is an Equal Employment Opportunity Employer. Diamondback provides equal employment opportunities to all qualified applicants without regard to race, sex, sexual orientation, gender identity, national origin, color, age, religion, veteran or disability status, genetic information, pregnancy, or any other status protected by law. Diamondback participates in E-Verify. Learn more about E-Verify.