Joint Venture Lead Accountant

Devon Energy•Oklahoma City, OK

About The Position

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.

Requirements

Bachelor's Degree in Accounting, Finance or any other related discipline and/or commensurate work experience is required.
7+ years of relevant experience, preferably in areas such as JV Accounting, Financial Analysis & Reporting, or a related field.
Industry experience is preferred.
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

Nice To Haves

Process automation and optimization experience, including utilization of data analysis and/or automation software tools & techniques preferred (i.e., PowerBI, Power Automate, Sigma, Alteryx)
Certified Public Accountant (CPA) (preferred)
Stakeholder Relationships
Oral & Written Communication
Results Oriented
Active Learning
Digital Literacy
Business Acumen
Innovation

Responsibilities

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.