Sr JV Accountant

Devon Energy•Oklahoma City, OK

11d

About The Position

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. 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.

Requirements

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

Nice To Haves

Industry experience is preferred.

Responsibilities

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.