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Senior Joint Interest Accountant

Job in Oklahoma City, Oklahoma County, Oklahoma, 73116, USA
Listing for: DIAMONDBACK ENERGY
Full Time position
Listed on 2026-06-21
Job specializations:
  • Accounting
    Financial Reporting, Tax Accountant, Financial Analyst, Accounting Manager
Salary/Wage Range or Industry Benchmark: 70000 - 90000 USD Yearly USD 70000.00 90000.00 YEAR
Job Description & How to Apply Below
CURRENT EMPLOYEES - Please apply using "Jobs Hub" in Workday. This career site is for external applicants only.

The Senior I Joint Interest Accountant will be responsible for supporting the end-to-end Joint Interest Billing (JIB) process for operated properties, including preparation, review, and analysis of monthly billings. This role requires strong attention to detail, analytical skills, and a high degree of accuracy, as well as the ability to research and resolve discrepancies. The position also requires effective communication skills to collaborate with internal teams and external partners.

Job Duties and Responsibilities:

Prepare, review, and record monthly company labor billings in accordance with applicable Joint Operating Agreements (JOAs) and COPAS accounting procedures

Collaborate with Operations, HR, and Payroll teams to obtain and validate labor data inputs, including employee classifications, time allocations, and rate changes

Prepare and process monthly JIB billings for operated properties in accordance with COPAS guidelines and joint operating agreements

Review billings for accuracy, completeness, proper cost allocation, and correct SAP cost coding

Research and resolve billing exceptions, partner inquiries, and audit requests in a timely manner

Prepare monthly balance sheet reconciliations and ensure accurate, timely journal entries

Support internal and external audits by providing documentation and ensuring SOX and COPAS compliance

Identify and implement process improvements, automation opportunities, and support SAP JIB/JVA enhancements/testing

Maintain process documentation and collaborate effectively with internal teams and external partners

Required Qualifications:

Bachelor's degree in Accounting, Finance or related field

Five (5) years of Oil and Gas accounting experience

Five (5) or more years of demonstrated experience in Microsoft Office, specifically Excel Strong knowledge of Joint Interest Billing processes and COPAS guidelines

Preferred Qualifications:

SAP experience preferred

High degree of accuracy and attention to detail

Strong analytical, problem-solving, and critical thinking skills

Ability to operate both independently and as part of a team

Eye for continuous improvement opportunities

Ability to pick up on new concepts quickly

Effective communication skills to work with all levels of the organization

Possess a positive and team-oriented attitude

Relocation:

This position is not 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 .
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Position Requirements
10+ Years work experience
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