Revenue Accountant - Compliance
Posted on: 9 Dec 2022
Oklahoma City, Oklahoma
Job Description
BASIC ACCOUNTABILITY
The Production/Revenue Accountant conducts and documents routine production and revenue accounting responsibilities under immediate supervision. Begins to analyze and record accounting transactions related to operated production and revenue reporting and reports volumetric, tax, and royalty data to regulatory agencies. Collaborates with other team members, interacts with internal stakeholders, responds to data requests, prepares reconciliations, maintains accurate records and other regulatory responsibilities.
EDUCATION
Bachelor's degree in Accounting, Finance, or another Business-related field
EXPERIENCE
Experience with oil and gas industry and/or interaction with business decision makers is preferred.
JOB RESPONSIBILITIES
With direct oversight from mentor and/or supervisor, develop an understanding of the principles, theories, and concepts of production and revenue accounting and how to apply them to assignments such as master data set-ups, payment of governmental taxes and royalties, preparation of journal entries, and account reconciliations
Develop and apply an understanding of financial and operations accounting analysis and problem solving
Begin developing and promoting sound recommendations that enhance the efficiency and effectiveness of the department
Identifies routine problems of limited scope and identifies solutions based on training and knowledge of functional practice and procedures; frequently uses more experienced peers for guidance
Review filings to ensure completeness
Ensure compliance within the government regulatory bodies
Other duties as assigned
OTHER REQUIREMENTS
Basic Microsoft 365 skills
Basic knowledge of generally accepted accounting principles
Strong interpersonal and organizational skills
Able to prioritize and handle multiple responsibilities and tasks and manage deadlines
Strong analytical and evaluation skills
Demonstrates strong communication skills
Develops basic knowledge of Oil and Gas industry acumen
Practice safe work habits at all times
Devon Energy
Oklahoma City, Oklahoma
Devon Energy Corporation is a leading independent oil and natural gas exploration and production company. Devon's operations are focused onshore in the United States.
The company's portfolio of oil and gas properties provides stable, environmentally responsible production and a platform for future growth. Currently, the company produces approximately 140,000 barrels of oil per day and has a deep inventory of development opportunities to deliver future growth. Devon also produces about 600 million cubic feet of natural gas a day and about 75,000 barrels of natural gas liquids per day.
Devon is focused on the following strategic priorities intended to optimize returns and deliver top-tier, capital-efficient cash-flow growth:
Maximize cash flow by optimizing base production and reducing per-unit cash costs
Improve capital efficiency with a concentration of investment on the highest-returning development projects
Simplify our portfolio by monetizing non-core assets
Improve financial strength by reducing debt
Return cash to shareholders
Headquartered in Oklahoma City, Devon is a Fortune 500 company and is included in the S&P 500 Index. Its common shares trade on the New York Stock Exchange under the ticker symbol DVN.
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IndustryOil and Gas
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No. of Employees2900
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Website
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Jobs Posted70
