Senior Real Estate Accountant

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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 aboutE-Verify.