Devon Energy Corporation

Lead Joint Venture Accountant

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

Qualifications

  • Bachelor's Degree in Accounting, Finance, or related discipline or equivalent experience.
  • 7+ years of experience in Joint Venture Accounting or Financial Analysis & Reporting.
  • Familiarity with GAAP, COPAS standards, and financial reporting standards.
  • Proficient in SAP ERP systems integration and related software.
  • Strong oral and written communication skills.

Responsibilities

  • Conduct complex joint venture accounting projects independently with a focus on high-quality outcomes.
  • Lead change initiatives and contribute to continuous improvement efforts within the finance team.
  • Evaluate and implement prioritized strategies for business process improvements.
  • Generate reports and develop strategies for managing risks related to joint venture accounting.
  • Mentor and train junior staff, providing ongoing guidance and support for their development.
  • Collaborate with Operations and Accounting teams to enhance the efficiency of joint venture financial processes.
  • Facilitate effective communication and optimize workflows by liaising with various stakeholders.

Benefits

  • Opportunity for professional growth through mentoring and training.
  • Work in a collaborative environment with cross-functional teams.
  • Engagement in change initiatives and continuous improvement efforts.
  • Exposure to advanced financial systems like SAP and contemporary accounting practices.
Full Job Description
Job Summary: The Lead Joint Venture 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, evaluating and implementing prioritized strategies and collaborating seamlessly for enhanced communication and optimized accounting processes in direct support of operations. The role's primary technical focus is on expenditure master data systems, processes, and integration across the entire enterprise including but not limited to: SAP Cost Centers, Cost Center Reporting Hierarchy, and AFE's. The role ensures adherence to internal policy and control procedures and establishes new ones to uphold financial integrity and compliance within the control framework. The role trains and mentors junior staff, offers direction, development, and guidance, assists management in leading the team and provides 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. • • Generates reports, evaluates and designs mitigation strategies to navigate potential challenges and supports risk-informed decision-making. • Mentors junior staff, offer direction, development, and guidance, assists management in leading the team, and provides input on staff performance reviews. • Evaluates prioritized strategies, choosing key business processes improvement initiatives for future implementation, ensuring alignment with collaborative goals and optimizing financial success. • Ensures adherence to COPAS standards, GAAP Accounting principles, and internal control procedures. • Collaborates with Operations and Accounting teams for seamless information gathering, ensuring effective management of joint venture financial processes, and also works closely with auditors during audits, providing documentation and insights for a smooth and transparent auditing process. • Enhances communication within the department and optimizes accounting processes by working with various stakeholders, fostering improved efficiency and cohesion in joint venture financial management. 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. Competencies: • Operations & Accounting Stakeholder Relationships • Oral & Written Communication • Results Oriented • SAP ERP Systems Integration • Active and curious learner • Digital Literacy (RPA Software, AI Agents, Data Quality Standards) • Business Acumen • Business Process Improvements • Generally Accepted Accounting Principles (GAAP) • Council of Petroleum Accountants Societies (COPAS) • Financial Reporting Standards (FRS) • KPI Reporting • Financial Risk Assessment • Financial Industry Knowledge

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

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