Lead Joint Venture Accountant
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 lives and care for their families so they can focus on contributing fully.
About the Role
The Lead Joint Venture Accountant works independently with limited supervision and manages complex joint venture accounting projects from start to finish. This role leads change initiatives, supports continuous improvement, implements prioritized strategies, and collaborates across the organization to improve communication and optimize accounting processes that support operations. The primary technical focus is enterprise-wide expenditure master data systems, processes, and integrations, including SAP cost centers, cost center reporting hierarchies, and Authorizations for Expenditure (AFEs). The Lead JV Accountant ensures compliance with internal policies and control procedures and develops new controls to maintain financial integrity. The role also trains and mentors junior staff, provides guidance and development, assists management in leading the team, and contributes to employee performance reviews.
Responsibilities
- Carries out complex projects independently and leads change efforts.
- Participates in continuous improvement initiatives and establishes effective relationships to achieve strategic results using business acumen.
- 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, offers direction, development, and guidance, and assists management in leading the team.
- Provides input on staff performance reviews.
- Evaluates prioritized strategies and chooses key business process 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.
- 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.
Requirements
- Bachelor's Degree in Accounting, Finance, or a related discipline (or commensurate work experience).
- 7+ years of relevant experience, preferably in areas such as JV Accounting, Financial Analysis & Reporting, or a related field.
- Industry experience is preferred.
Skills
- 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