Devon Energy Corporation

Sr JV Accountant

Devon Energy Corporation$85K — $100K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Accounting, Finance, or related field required.
  • 5+ years of experience in JV Accounting or related areas preferred.
  • Experience with financial analysis, reporting, and account reconciliation.
  • Strong knowledge of GAAP and COPAS accounting principles.
  • Proficiency in Microsoft Office 365 and financial tools is essential.

Responsibilities

  • Collaborate with Accounting, Land, and Operations teams for JV Accounting processes.
  • Prepare monthly JV accounting journal entries and schedules.
  • Reconcile balance sheet accounts monthly as assigned.
  • Cultivate relationships and provide influence on projects with industry best practices.
  • Verify financial transactions in compliance with COPAS standards.

Benefits

  • Opportunities for professional development and training.
  • Flexible working environment promoting work-life balance.
  • Collaborative team culture fostering knowledge sharing.
  • Health and wellness benefits to support employee well-being.
  • Access to advanced technology and financial tools.
Full Job Description
Job Profile Summary:
  • The Senior JV Accountant, working under limited supervision, is responsible for conducting and documenting moderate to complex joint venture accounting projects. This role also is responsible for identifying, diagnosing, and recommending solutions while collaborating across disciplines and contributing to both company and JV Accounting department's performance and goals. The role establishes and upholds control procedures to maintain financial integrity with GAAP accounting principles and COPAS standards
  • Primary responsibilities include hosting and responding to JV Audits and working with external JV Partners to resolve questions on JIB billings. Duties can also include reconciling accounts, preparing journal entries, and special projects as assigned. Must be able to work effectively with peers and other management across disciplines in order to coordinate activities. Must be able to manage all desk responsibilities to meet monthly deadlines.


Job Description:
  • Collaborates with various Accounting, Land and Operations teams to gather necessary information, ensuring seamless coordination for effective management of JV Accounting processes and resolution of inquiries.
  • Prepare monthly JV accounting journal entries and schedule as assigned.
  • Reconcile balance sheet accounts monthly as assigned.
  • Cultivates effective relationships, shares knowledge, and provides influence over projects and peer groups, demonstrating understanding of industry best practices.
  • Cultivates familiarity with the control environment and diligently adheres to established control procedures to uphold financial integrity and compliance within the joint venture's accounting framework.
  • Verifies financial transactions on the joint venture in accordance with COPAS standards, meticulously entering line items to ensure compliance and accurate financial representation, fostering transparency between collaborating entities.


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


Experience:
  • 5+ years of relevant experience, preferably in areas such as JV Accounting, Financial Analysis & Reporting, Account Reconciliation or a related field. Industry experience is preferred.


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


Skills:
  • Excellent analytical and problem-solving skills
  • Strong attention to detail and accuracy
  • Knowledge of JV Accounting principles
  • Proficiency in Microsoft Office 365, including Excel, Word and Teams and similar financial tools
  • Effective communication and interpersonal skills
  • Ability to work independently and collaboratively in a team environment
  • Generally Accepted Accounting Principles (GAAP)
  • Council of Petroleum Accountants Societies (COPAS)

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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