Joint Interest Accountant I

Diamondback Energy; Toronto; On-site; USD 20,000 - 95,000; Full time

Job summary

A leading energy company is looking for a Joint Interest Accountant I in Toronto. Responsibilities include processing invoices, reconciling accounts, and communicating with operators. Candidates should have a degree in Accounting and familiarity with Microsoft Excel. Experience in Oil and Gas is preferred. This role offers full-time employment with no relocation assistance.

Qualifications

• Minimum 2 years of experience with Microsoft Office, especially Excel.
• Experience in Oil and Gas accounting preferred.

Responsibilities

• Accurately book inbound non-operated Joint Venture Billing into the financial system.
• Monitor cost centers, AFEs, and working interests for operational changes.
• Generate payables for drilling and completion cash calls.

Skills

Microsoft Excel

Problem-solving skills

Attention to detail

Communication skills

Education

Bachelor's degree in Accounting

Tools

SAP

Job description

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The Accountant I position in Joint Interest Accounting requires an individual familiar with COPAS accounting principles. Responsibilities include reviewing and processing invoices from outside operators, researching properties, maintaining subsidiary ledgers, reconciling accounts, and performing ad hoc analyses. The role demands teamwork, multi-tasking, and meeting deadlines.

Job Duties And Responsibilities

• Accurately booking inbound non-operated Joint Venture Billing into the financial system via EnergyLink and manual invoices.
• Monitoring cost centers, AFEs, and working interests for operational changes and correctness.
• Communicating with internal departments to set up new cost centers, AFEs, and interests.
• Engaging with operators to obtain missing information (AFEs, well details, etc.).
• Reviewing monthly operational charges per COPAS and JOA to prevent over-expending and requiring amendments.
• Generating payables for drilling and completion cash calls/AFE prepayments.
• Reconciling non-operated accounts payable and AFE prepaid balances.
• Handling netting in non-operated accounts: booking gross JIBs and reconciling netted amounts.
• Investigating, tracking, and resolving JIB disputes promptly.
• Preparing management reports on outstanding balances and disputes.
• Performing monthly balance sheet reconciliations.
• Processing journal entries for expense reclasses.
• Reconciliation of operator accounts.
• Collaborating across departments as needed.
• Other duties as assigned.

Required Qualifications

• Bachelor's degree in Accounting.
• At least 2 years of experience with Microsoft Office, especially Excel.

Preferred Qualifications

• Over 2 years of accounting experience, ideally in Oil and Gas.
• SAP experience preferred.
• High accuracy and attention to detail.
• Strong problem-solving and critical thinking skills.
• Ability to work independently and in teams.
• Flexible workload and priorities.
• Quick learner of new concepts.
• Effective communication skills both internally and externally.
• Positive, team-oriented attitude.

Relocation: This position is not eligible for relocation assistance.

Work Authorization: Diamondback Energy is not sponsoring employment visas for this role.

Diamondback is an Equal Employment Opportunity Employer. We provide equal opportunities regardless of race, sex, sexual orientation, gender identity, national origin, color, age, religion, veteran or disability status, genetic information, pregnancy, or any other protected status. We participate in E-Verify. Learn more about E-Verify.

Seniority level: Entry level

Employment type: Full-time

Job function: Accounting / Auditing and Finance

Industries: Oil and Gas

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Locations and salary ranges include Oklahoma City, Edmond, Prague, and Shawnee, with salaries from $20.19 to $95,000+, updated frequently.

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