Devon Energy Corporation

Joint Venture Lead Accountant

Devon Energy Corporation$90K — $120K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Finance, or related discipline required.
  • 7+ years of relevant experience in JV Accounting or Financial Analysis preferred.
  • Experience in process automation and optimization with tools like PowerBI or Alteryx preferred.
  • Certified Public Accountant (CPA) preferred.
  • Strong understanding of GAAP and COPAS Standards.

Responsibilities

  • Conduct and document complex joint venture accounting projects independently.
  • Lead change initiatives and participate in continuous improvement efforts.
  • Evaluate financial risks and develop mitigation strategies for joint ventures.
  • Mentor junior staff and provide guidance and direction as needed.
  • Coordinate acquisition, divestiture, and new venture activities across the accounting organization.
  • Optimize accounting processes and enhance communication within the department.
  • Collaborate with Operations Accounting for effective financial process management.

Benefits

  • Opportunities for professional development and mentorship.
  • Engagement in continuous improvement initiatives.
  • Chance to lead complex projects and strategies for financial success.
  • Vibrant team environment promoting collaboration and innovation.
  • Involvement in high-impact decision-making within joint ventures.
Full Job Description
Job Profile Summary:

The Joint Venture Lead Accountant, working independently with limited supervision, is responsible for conducting and documenting highly complex joint venture accounting projects individually, leading change initiatives, actively participating in continuous improvement efforts, managing financial risks in joint ventures, mentoring junior staff, evaluating and implementing prioritized strategies and collaborating seamlessly for enhanced communication, optimized accounting processes, and transparent audits within the JV Accounting function. The role reviews reports on financial risks associated with the joint venture, strategizing and designing mitigation strategies to navigate potential challenges, supporting risk-informed decision-making. The role evaluates prioritized strategies, selects key initiatives for future implementation within the joint venture's financial roadmap, ensuring alignment with collaborative goals and optimizing financial success. The role ensures adherence to control procedures and establishes new ones to uphold financial integrity and compliance within the joint venture's accounting framework. The role mentors junior staff, offers direction, development, and guidance, assuming supervision in the absence of management while providing input on staff performance reviews.

Job Description:
• Carries out complex projects independently, leads change efforts, participates in continuous improvement initiatives, establishes effective relationships, achieves strategic results using business acumen, and actively remediates data quality issues, optimizing problem-solving through multi-discipline knowledge.
• Coordinate acquisition, divestiture, and new venture activities within the accounting organization as well as across business.
• Serve as a resource to all areas within the Finance, Tax & Accounting organizations, overseeing complex projects, providing data collection and analysis, and interpreting contractual agreements.
• Reviews reports on financial risks associated with the joint venture, strategizes and designs mitigation strategies to navigate potential challenges and supports risk-informed decision-making.
• Mentors junior staff, offers direction, development, and guidance, assumes supervision in the absence of management, and provides input on staff performance reviews.
• Evaluates prioritized strategies, choosing key business processes improvement initiatives for future implementation within the joint venture's financial roadmap, ensuring alignment with collaborative goals and optimizing financial success.
• Demonstrates initiative in seeking additional responsibility and gaining knowledge beyond core responsibilities, e.g. striving to understand the "big picture".
• Enhances communication within the department and optimizes accounting processes by working with various stakeholders, fostering improved efficiency and cohesion in joint venture financial management.
• Ensures adherence to COPAS standards, GAAP Accounting principles, control procedures as well as establishes new procedures to uphold financial integrity and compliance within the joint venture's accounting framework.
• Collaborates with Operations Accounting team for seamless information gathering, ensuring effective management of joint venture financial processes.

Education:
• Bachelor's Degree in Accounting, Finance or any other related discipline and/or commensurate work experience is required.

Experience:
• 7+ years of relevant experience, preferably in areas such as JV Accounting, Financial Analysis & Reporting, or a related field. Industry experience is preferred.
• Process automation and optimization experience, including utilization of data analysis and/or automation

software tools & techniques preferred (i.e., PowerBI, Power Automate, Sigma, Alteryx)

Certifications:
• Certified Public Accountant (CPA) (preferred)

Competencies:
• Stakeholder Relationships
• Oral & Written Communication
• Results Oriented
• Active Learning
• Digital Literacy
• Business Acumen
• Innovation

Skills:
• Business Process Improvements
• Understanding of Generally Accepted Accounting Principles (GAAP)
• Strong communication and interpersonal skills
• Understanding of Council of Petroleum Accountants Societies (COPAS) Procedures
• Knowledge of JV Accounting Principles
• Ability to work collaboratively and lead others in a team environment
• Strong attention to detail and accuracy

About Devon Energy Corporation

Devon Energy Corporation, an independent energy company, engages primarily in exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs).

Devon Energy Corporation Careers

Join the dynamic team at Devon Energy Corporation, a leading name in the energy sector, where innovation, leadership, and a commitment to sustainability drive the way forward. At Devon, we offer a range of job opportunities that allow you to explore your potential and propel your career to new heights. Work You’ll Do At Devon Energy Corporation, you’ll be part of a culture that cherishes diversity, innovation, and leadership. Our team is composed of highly skilled professionals dedicated to advancing the energy industry through smart, sustainable practices. Whether you’re interested in a technical, administrative, or leadership position, Devon provides a platform for professional growth and personal development. Join our market-leading team to help redefine the energy landscape and make a significant impact on a global scale. Lead from a unique position in the marketplace, at the intersection of technology, industry expertise, and digital innovation. Career Opportunities Devon Energy Corporation is not just a company; it’s a place where you can shape your future. Explore job opportunities in various fields, including engineering, geoscience, environmental science, and business management. With Devon, you can go as far as your ambition takes you, thanks to our extensive support in training, development, and certification. Internship Programs Kickstart your career with Devon’s internship programs. Gain invaluable industry experience, develop your skills, and network with professionals. Our internships provide a solid foundation for understanding the core aspects of the energy sector and help you build a robust resume. Innovation and Growth Drive innovation and contribute to growth within an environment that values visionary thinking and a proactive approach to challenges. Devon is committed to employing advanced technologies and practices that lead to efficient and responsible energy production. Benefits and Culture Choose Devon and enjoy a wealth of benefits that go beyond the standard employment package. We offer competitive health benefits, retirement plans, and continuous diversity training to ensure a supportive and inclusive workplace. Our culture is built on mutual respect, collaboration, and a commitment to excellence. Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, creative, and solution-driven team players. At Devon, every team member plays a crucial role in our success. Stay Connected Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Join our community of forward-thinkers who are dedicated to making a difference in the world. Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Devon Energy Corporation. Explore the possibilities with Devon Energy Corporation and be part of a team that’s leading the way in energy innovation and sustainability. Your journey to a fulfilling career starts here.
Learn more about Devon Energy Corporation
Size
1,600 employees
Market Cap
$39.7 billion
Industry
Net Income
-$2.6 billion
Founded
1971
5 Year Trend
+3.4%
Revenue
$4.8 billion
NASDAQ

Similar Jobs

More Jobs at Devon Energy Corporation

More Legal & Accounting Jobs

Find similar Joint Venture Lead Accountant jobs: