Strategic FP&A Manager: Budgeting & Forecasting

Devon Energy; Houston (TX); On-site; USD 120,000 - 190,000; Full time

Job summary

Devon Energy in Houston seeks a Finance Manager to own budgeting, forecasting, and performance analysis at the highest levels of the organization. You will run the corporate financial model, prepare the annual budget, and deliver long-range plans while partnering with operations and accounting to translate data into actionable projections.

The role also drives automation, ERP improvements, and the use of AI-powered tools across finance workflows, with a focus on senior leadership reporting and

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related discipline is required.

Responsibilities

• Runs the corporate financial model as a primary operator - executing budget, forecast, long-range planning, scenario, and transaction cases, validating inputs and outputs, and documenting the assumptions behind each run so results are reproducible and defensible.
• Builds the annual budget and quarterly forecasts at both asset and consolidated levels, coordinating inputs across operations, accounting, marketing, and treasury, pressure-testing assumptions against historical performance for each planning cycle.
• Performs budget and forecast variance analysis and reconciliation, bridging plan-to-actual and period-over-period movements by driver and tying forecast outputs to reported results.
• Analyzes operational and financial performance against plan, including all inputs that underpin the company's financials.
• Reviews the pricing, differential, and marketing contract assumptions used in the forecast, and tracks realized pricing to explain variances and refine forward assumptions.
• Runs sensitivities, modeling the effect of commodity price, cost, activity, and capital assumptions on operating cash flow, free cash flow, leverage, and liquidity, and framing the downside and upside cases for leadership.
• Tracks performance against publicly issued guidance ranges and internal targets, surfacing risks and opportunities to leadership ahead of each reporting cycle.
• Defines and maintains the KPI set used to evaluate performance across assets and the consolidated business, and benchmarks financial and operational results against peers.
• Prepares board and executive presentation materials, translating complex analysis into clear, decision-ready narrative, and presents analyses and results to senior management.
• Supports treasury and investor relations, reviewing financial analysis behind treasury decisions and developing the tools, processes, and presentations used to manage quarterly investor calls.
• Drives automation and process improvement, supports evaluation and implementation of ERP and financial planning systems, and advances the adoption of AI-powered tools across the finance workflow.

Skills

Financial Analysis

Financial Modeling

Budgeting & Forecasting

Management Reporting

Variance & Driver Analysis

Scenario & Sensitivity Analysis

KPI Management

Executive & Board Presentations

Advanced Excel

Education

Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related discipline

Master's degree preferred

Tools

ERP Systems (SAP, Adaptive, Oracle, Essbase)

AI-Powered Tools

Job description

Devon Energy in Houston seeks a Finance Manager to own budgeting, forecasting, and performance analysis at the highest levels of the organization. You will run the corporate financial model, prepare the annual budget, and deliver long-range plans while partnering with operations and accounting to translate data into actionable projections.

The role also drives automation, ERP improvements, and the use of AI-powered tools across finance workflows, with a focus on senior leadership reporting and