Job Title: Manager Accounting – Financial Accounting

Department: Financial Accounting

Summary: The Accounting Manager in the Financial Accounting group will report to the Controllers 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 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 quarterly and annual SEC filings for accuracy and completeness of financial data
• Review monthly elimination and consolidation entries for financial statements including SAB51 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

Required Qualifications: 

• Bachelor's degree in accounting 
• 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

Preferred Qualifications: 

• Graduate degree preferred
• CPA or CPA eligibility preferred
• Seven (7 ) or more years of experience in progressive accounting and financial reporting leadership roles
• Demonstrated ability to form, lead and develop high-performing teams
• Self-motivated, with ability to work with minimal instruction to successfully solve problems
• Ability 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.