Senior Accountant - SEC and Financial Reporting

Devon Energy; United States; On-site; USD 110,000 - 170,000; Full time

Job summary

Devon Energy is seeking a Senior Financial Accountant to conduct complex accounting projects, ensure GAAP compliance, perform strategic financial analysis, and support growth, stability, and a strong financial infrastructure in a dynamic business environment.

You will review financial statements, manage cash flow, oversee budgeting and forecasting, lead system implementations, mentor junior staff, and collaborate across functions to identify cost-saving opportunities and improve reporting.

Qualifications

• Bachelor’s degree in accounting, finance, business administration or related discipline required.
• CPA certification preferred.

Responsibilities

• Conducts and documents complex accounting projects in GAAP framework.
• Performs budgeting and forecasting activities.
• Oversees cash flow management and daily cash disbursements.
• Reviews financial statements and reconciles accounts.
• Oversees and upgrades financial software systems for efficiency.
• Mentors junior finance staff and guides team development.
• Identifies cost-saving opportunities and improves reporting processes.

Skills

GAAP

Financial Analysis

Financial Systems

Financial Statement Analysis

FRS (Financial Reporting Standards)

Financial Data Management

Cash Flow Management

Variance Analysis

Account Reconciliations

Documentation Procedures

Business Process Improvements

Financial Compliance

Monthly Close Process

Education

Bachelor’s Degree in Accounting, Finance, Business Administration or related discipline

CPA (preferred)

Job description

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 Profile Summary

The Senior Financial Accountant, working under limited supervision, is responsible for conducting and documenting complex accounting projects, ensuring meticulous adherence to accounting principles, and performing strategic financial analysis contributing to optimized organizational growth, stability, and enhanced financial infrastructure in a dynamic and complex business environment. The role encompasses a comprehensive financial scope, involving the review of financial statements, reconciliation of accounts, adherence to GAAP, meticulous cash management, daily updates to the corporate signing authority system, and intricate financial analysis for strategic decision-making. The role also conducts budgeting and forecasting activities, oversees software implementation or upgrades for operational efficiency, initiates cost accounting activities, and identifies cost-saving opportunities. The role extends to guiding and developing junior team members, enhancing their professional growth and strengthening overall team proficiency within the Financial Accounting function.

• Identifies, diagnoses, and recommends solutions independently, collaborates across disciplines, and demonstrates advanced project management skills, contributing to company performance and goals.
• Reviews financial statements’ entries, reconciles accounts, and ensures financial data comply with established standards and generally accepted accounting principles (GAAP), theories, and concepts.
• Processes cash receipts, reviews daily cash disbursements including checks, direct deposits, and wires, oversees accurate financial records and ensures seamless daily cash flow management.
• Communicates daily updates for the corporate signing authority system, ensuring accurate and timely documentation of authorization records for financial transactions within the organization.
• Performs intricate financial analysis leveraging advanced methodologies, offering nuanced insights into business performance, and facilitating informed strategic decision-making for optimizing organizational growth and financial stability.
• Manages complex intricacies associated with adhering to international financial reporting standards (IFRS) and navigating the challenges of currency exchange fluctuations, ensuring accurate and compliant financial reporting in a global context.
• Prepares budgeting and forecasting processes, compares actual results to projections, and offers insights on variances, aiding in corrective action development for optimal financial performance.
• Oversees implementation or upgradation financial software systems, aiming to optimize operational efficiency and ensure precision in financial processes, thereby contributing to the overall enhancement of the organizational financial management infrastructure.
• Conducts cost accounting activities, including analyzing production costs, identifying cost-saving opportunities, and contributing to cost control strategies.
• Mentors and trains junior financial staff, fostering their professional development and enhancing the overall capabilities of the finance team.

Education

• Bachelor’s Degree in Accounting, Finance, Business Administration or any other related discipline and/or commensurate work experience is required.

Experience

• 5+ years of relevant experience, preferably in areas such as Financial Accounting, Corporate Finance, Financial Operations or a related field. Industry experience is preferred.

Certifications

• Certified Public Accountant (CPA) (preferred)

Competencies

• Stakeholder Relationships
• Oral & Written Communication
• Results Oriented
• Active Learning
• Digital Literacy
• Business Acumen
• Innovation

Skills

• Generally Accepted Accounting Principles (GAAP)
• Financial Analysis
• Financial Systems
• Financial Statement Analysis
• Financial Reporting Standards (FRS)
• Financial Data Management
• Cash Flow Management
• Variance Analysis
• Account Reconciliations
• Documentation Procedures
• Documentation Procedures
• Business Process Improvements
• Financial Compliance
• Monthly Close Process

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.

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