Senior Ad Valorem Tax & Valuation Expert

Devon Energy Corp.; Oklahoma City (OK); On-site; USD 110,000 - 160,000; Full time

Job summary

Devon Energy Corp. in Oklahoma City seeks a Senior Tax Accountant responsible for valuation and forecasting of ad valorem taxes across counties and states.

You will negotiate assessments with appraisal districts, defend valuation positions, and explain plan-to-actual variances to operations and accounting. You will build the annual tax budget, maintain rendition populations, and coordinate exemptions and abatements with leadership for binding assessments.

Qualifications

• Bachelor's degree preferred but not required.
• Minimum 12 accounting/finance hours are required.
• Candidates without a Bachelor's Degree must have a minimum of 8 years of appraisal experience.
• 5+ years relevant experience in accounting, finance, valuation, budgeting or forecasting.
• Experience with ad valorem tax software and discounted cash flow/valuation.
• Upstream oil & gas industry experience preferred.

Responsibilities

• Analyzes expense, pricing and production, builds NPV via decline curve modeling, tests assumptions with appraisal districts.
• Applies obsolescence methods and three approaches to value for assets, defends positions.
• Builds annual ad valorem tax budget and forecast, reforecasting with monthly actuals.
• Explains plan-to-actual variance to operations and accounting by driver.
• Holds responsibility for assigned counties and states' ad valorem taxes and prepares complex renditions.
• Implements tax planning techniques to minimize ad valorem tax.
• Maintains rendition population across portfolio with wells/facilities/ownership changes.
• Negotiates ad valorem tax assessments with authorities and presents to leadership for binding assessments.
• Prepares and defends exemption/abatement applications including pollution control and freeport.
• Represents Devon at Appraisal Review Board hearings and in industry/government groups.

Skills

Ad Valorem Tax

Budgeting & Forecasting

Discounted Cash Flow

Appraisal District Negotiation

Property Valuation

Data Analysis & Reporting

Oral & Written Communication

ERP Systems

Obsolescence Analysis

Education

Bachelor's Degree in Accounting/Finance

12 Academic Hours in Accounting/Finance

8+ years appraisal experience (no degree)

Tools

Ad Valorem Tax Software

ERP Systems

Job description

Devon Energy Corp. in Oklahoma City seeks a Senior Tax Accountant responsible for valuation and forecasting of ad valorem taxes across counties and states.

You will negotiate assessments with appraisal districts, defend valuation positions, and explain plan-to-actual variances to operations and accounting. You will build the annual tax budget, maintain rendition populations, and coordinate exemptions and abatements with leadership for binding assessments.