Full-Time

Senior Operations Accountant

Capex

Confirmed live in the last 24 hours

Diamondback Energy

Diamondback Energy

501-1,000 employees

Acquires and produces oil and natural gas

No salary listed

Senior

No H1B Sponsorship

Oklahoma City, OK, USA

This position is not eligible for relocation assistance.

Category
Financial Accounting
Financial Analysis
Accounting
Required Skills
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor's degree (BBA or BS) in Finance, Accounting, or similar discipline
  • Five (5+) years of Oil and Gas accounting experience
  • Five (5+) or more years of demonstrated experience in Microsoft Office, specifically Excel
Responsibilities
  • Prepare and calculate monthly Capex accruals
  • Provide analysis on capital expenditures and guidance on appropriate accounting treatment to Operations teams and others within accounting
  • Evaluate Capex projects for potential coding errors and provide corrections
  • Analyze and explain monthly Capex variance
  • Assist with the preparation of monthly Capex presentation slides
  • Collaborate with others in accounting and across the organization for projects, as needed
  • Manage and assist with various AFE requests as needed
  • Other duties or ad hoc projects, analysis or reviews as needed or requested
Desired Qualifications
  • SAP experience preferred
  • High degree of accuracy and attention to detail
  • Good problem solving and critical thinking skills
  • Ability to operate both independently and as part of a team
  • Eye for continuous improvement opportunities
  • Flexible regarding workload and priorities
  • 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

Diamondback Energy focuses on acquiring, developing, exploring, and producing oil and natural gas from unconventional reserves located onshore in the Permian Basin of West Texas. The company operates by identifying and securing land with potential oil and gas resources, then utilizing advanced drilling techniques to extract these resources efficiently. Unlike many competitors, Diamondback emphasizes its operational efficiency and cost management, which allows it to maintain profitability even in fluctuating market conditions. The company's goal is to maximize shareholder value through responsible resource development while maintaining a commitment to environmental stewardship.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Midland, Texas

Founded

2007

Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition enhances Diamondback's drilling inventory and future cash flow potential.
  • Digital oilfield technologies can optimize production and reduce operational costs for Diamondback.
  • Renewable energy partnerships offer diversification and carbon footprint reduction opportunities.

What critics are saying

  • Increased competition from APA Corporation may pressure Diamondback's market share.
  • The $4 billion acquisition could strain financial resources if cash flow growth falters.
  • Leadership transition to Kaes Van't Hof may lead to strategic misalignments.

What makes Diamondback Energy unique

  • Diamondback Energy focuses on unconventional oil and gas reserves in the Permian Basin.
  • The company completed a $4 billion acquisition of Double Eagle's assets in 2025.
  • Diamondback Energy is committed to accelerating development in the Midland Basin.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Relocation Assistance

Company News

Financial Modeling Prep
Apr 4th, 2025
APA Corporation's Director Buys Shares Amidst Stock Challenges

APA Corporation is a U.S.-based oil and gas company involved in fracking, competing with firms like Devon Energy and Diamondback Energy.

Fort Worth Inc.
Apr 2nd, 2025
Double Eagle and EnCap Launch $2.5B Partnership to Expand Oil and Gas Investments in the Permian Basin

Diamondback Energy in February announced a $4 billion cash-and-stock deal to acquire 40,000 acres of oil-rich in the Permian from Double Eagle IV Midco.

GlobeNewswire
Apr 1st, 2025
Diamondback Energy, Inc. Announces Closing Of Double Eagle Acquisition

MIDLAND, Texas, April 01, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has completed its previously announced acquisition of certain subsidiaries of Double Eagle IV Midco, LLC (“Double Eagle”). About Diamondback Diamondback is an independent oil and natural gas company headquartered in Midland, Texas focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. For more information, please visit www.diamondbackenergy.com. Forward-Looking Statements This news release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, which involve risks, uncertainties, and assumptions. All statements, other than statements of historical fact, including statements regarding Diamondback’s: future performance; business strategy; future operations (including drilling plans and capital plans); estimates and projections of production, revenues, losses, costs, expenses, returns, cash flow, and financial position; reserve estimates and its ability to replace or increase reserves; anticipated benefits or other effects of strategic transactions (including the pending drop down transaction with Viper Energy, Inc., the Double Eagle Acquisition and other acquisitions or divestitures); and plans and objectives of management (including plans for future cash flow from operations) are forward-looking statements

MarketBeat
Mar 7th, 2025
Raymond James Financial Inc. Invests $298.33 Million in Diamondback Energy, Inc. (NASDAQ:FANG)

Raymond James Financial Inc. invests $298.33 Million in Diamondback Energy, Inc. (NASDAQ:FANG).

First Alert
Feb 25th, 2025
First Alert 7 News Staff

This change in leadership comes just days after Double Eagle announced plans to sell its subsidiaries to Diamondback Energy in a deal work $4.1 billion.