Diamondback Energy
Senior Real Estate Accountant
Diamondback Energy, Oklahoma City, Oklahoma, United States, 73116
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CURRENT EMPLOYEES - Please apply using "Jobs Hub" in Workday. This career site is for external applicants only.
Job Overview The Senior Real Estate Accountant will be responsible for managing financial accounting and reporting related to corporate real estate assets, leases, property operations and transactions. This role requires a strong background and understanding of real estate accounting, GAAP, lease accounting, and financial analysis, with the ability to collaborate across multiple departments including Operations, Accounting, and Legal.
Job Duties and Responsibilities
Prepare and analyze monthly journal entries, as well as all aspects of financial reporting for real estate holdings and lease obligations
Maintain accurate records of lease agreements, rent schedules, and property-related expenses
Review and analyze CAM activity and reconciliations to ensure proper treatment and accurate billing to tenants
Coordinate with operations teams to ensure timely invoicing and reconciliation of tenant accounts
Support budgeting and forecasting processes for real estate assets
Ensure compliance with lease terms and accounting standards
Assist in the preparation of journal entries, account reconciliations, and variance analyses
Collaborate with internal and external teams to resolve discrepancies and improve reporting accuracy
Participate in audits and provide documentation related to real estate transactions
Support automation and process improvement initiatives related to assigned tasks
Provide support and advice to other team members on complex issues or projects
Required Qualifications
Bachelor's degree (BBA or BS) in Accounting, Finance, or related field
Minimum of five (5) years of accounting experience with at least three (3) years of specific Real Estate Accounting experience
Familiarity with lease accounting standards
Ability to work independently with a high degree of accuracy and attention to detail
Excellent problem solving and critical thinking skills
Five (5) or more years of demonstrated experience in Microsoft Office, specifically Excel
Preferred Qualifications
SAP experience
CPA or CPA candidate
Automation experience utilizing software tools such as Spotfire, SQL, Snowflake, etc.
Strong understanding of oil and gas accounting concepts and principles, in accordance with GAAP
Eye for continuous improvement opportunities
Flexible regarding workload and priorities
Effective communication skills to work with all levels of the organization
Possess a positive and team-oriented attitude
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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CURRENT EMPLOYEES - Please apply using "Jobs Hub" in Workday. This career site is for external applicants only.
Job Overview The Senior Real Estate Accountant will be responsible for managing financial accounting and reporting related to corporate real estate assets, leases, property operations and transactions. This role requires a strong background and understanding of real estate accounting, GAAP, lease accounting, and financial analysis, with the ability to collaborate across multiple departments including Operations, Accounting, and Legal.
Job Duties and Responsibilities
Prepare and analyze monthly journal entries, as well as all aspects of financial reporting for real estate holdings and lease obligations
Maintain accurate records of lease agreements, rent schedules, and property-related expenses
Review and analyze CAM activity and reconciliations to ensure proper treatment and accurate billing to tenants
Coordinate with operations teams to ensure timely invoicing and reconciliation of tenant accounts
Support budgeting and forecasting processes for real estate assets
Ensure compliance with lease terms and accounting standards
Assist in the preparation of journal entries, account reconciliations, and variance analyses
Collaborate with internal and external teams to resolve discrepancies and improve reporting accuracy
Participate in audits and provide documentation related to real estate transactions
Support automation and process improvement initiatives related to assigned tasks
Provide support and advice to other team members on complex issues or projects
Required Qualifications
Bachelor's degree (BBA or BS) in Accounting, Finance, or related field
Minimum of five (5) years of accounting experience with at least three (3) years of specific Real Estate Accounting experience
Familiarity with lease accounting standards
Ability to work independently with a high degree of accuracy and attention to detail
Excellent problem solving and critical thinking skills
Five (5) or more years of demonstrated experience in Microsoft Office, specifically Excel
Preferred Qualifications
SAP experience
CPA or CPA candidate
Automation experience utilizing software tools such as Spotfire, SQL, Snowflake, etc.
Strong understanding of oil and gas accounting concepts and principles, in accordance with GAAP
Eye for continuous improvement opportunities
Flexible regarding workload and priorities
Effective communication skills to work with all levels of the organization
Possess a positive and team-oriented attitude
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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