What are the responsibilities and job description for the Lead Joint Venture Accountant position at Devon Energy Prod Co LP?
At Devon, we will offer you a career full of energy and unmatched opportunities to solve today’s greatest challenges. Innovation, creative problem-solving and positive change happen when people step out of their comfort zone and think differently. Our values, workplace practices, wellness programs, benefits and compensation are aimed at helping employees manage their unique personal life and care for their families so they can focus on contributing to the fullest. 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 Qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or other characteristics protected by law. For more information on Equal Employment Opportunity, please follow these links: EEO is the Law EEO is the Law Supplement Pay Transparency Provision Stay connected by joining our network! Enter your e-mail and tell us a bit about yourself, and we'll keep you informed about upcoming events and opportunities that match your interests. Extraordinary work begins with extraordinary people. At Devon, we employ the best people to push boundaries, develop new ideas and take us further. Official job offers from Devon Energy will be made through a formal offer letter via the candidate’s personal Workday candidate account. The company does not request money from job applicants. For information concerning fraudulent job offers, please review our guidelines.