Lead Accountant- Payments and 1099's

At Devon, we offer 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 designed to help employees manage their unique personal life and care for their families so they can focus on contributing to the fullest.

About the Role

The Lead Accountant for Payments and 1099’s supports Expenditure Accounting by leading and assisting the team with key accounts payable activities, including payment processing, expense reporting, Form 1099 preparation, backup withholding, and account reconciliations. This role analyzes and improves accounting processes, workflows, and related data analysis while collaborating with team members and internal/external stakeholders to drive operational excellence and continuous improvement.

Responsibilities

• Coordinate the accurate and timely preparation and reporting of Forms 1099 to vendors, owners, and regulatory agencies.
• Support backup withholding activities, including accurate and timely payments and regulatory reporting.
• Support the employee expense management program in Concur.
• Support the payment run process in SAP.
• Prepare monthly journal entries.
• Review and reconcile balance sheet accounts.
• Maintain accurate records and ensure compliance with accounting policies and procedures.
• Assist Devon’s Legal team with accounts payable and vendor-related matters.
• Develop and promote recommendations that improve departmental efficiency and effectiveness.
• Collaborate with team members and internal stakeholders to identify process improvement opportunities and implement best practices.
• Operate effectively within established systems and internal controls.
• Mentor, train, and guide less experienced team members.
• Participate in cross-functional projects and initiatives that support overall business performance.
• Independently identify and diagnose issues and recommend appropriate solutions.
• Collaborate across disciplines and apply advanced accounts payable project management skills to support company goals and performance.
• Work with internal and external auditors to provide documentation and support for annual and semiannual audits.
• Partner with service organizations to resolve accounts payable processing issues.

Requirements

• Bachelor’s degree in Accounting, Finance, or a related discipline, or equivalent relevant work experience.
• Seven (7) or more years of relevant experience, preferably in:
  • Accounts payable
  • Payment processing
  • Form 1099 preparation and compliance
  • Backup withholding and tax reporting
  • Process automation and optimization
• Strong knowledge of and experience with SAP is required.
• Experience with process automation and optimization.

Preferred Qualifications

• Certified Public Accountant (CPA).

Skills and Technical Knowledge

• Working knowledge of SAP, particularly payment runs and general ledger processes.
• Experience with cloud data platforms and analytics and reporting tools, including Snowflake, Sigma, and Power BI.
• Proficiency with Microsoft Power Platform tools, including Power Apps and Power Automate.
• Experience with automation and scripting tools, including VBA for Excel and Access, Python, and SQL.
• Experience applying AI, natural language processing, or automation tools to finance and accounting, including Claude or Shortcut AI.
• Proficiency with Microsoft 365 applications, including Excel, Word, and Teams.
• Accounts payable and invoice reconciliation.
• Account reconciliations.
• Financial Reporting Standards (FRS).
• Bookkeeping and general ledger accounting.
• Generally Accepted Accounting Principles (GAAP).
• Data analysis and reporting.
• Business process improvement.
• Digital accounting and invoicing systems.
• Documentation procedures.

Competencies

• Stakeholder relationship management.
• Oral and written communication.
• Results orientation.
• Active learning.
• Digital literacy.
• Business acumen.
• Innovation.