IT Accounting Analyst

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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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.

BASIC ACCOUNTABILITY

The Accounting IT Analyst is a key member supporting the IT organization and is responsible for managing all aspects of the centralized IT budget. This role involves overseeing monthly expenses, quarterly forecasts, conducting variance analysis and providing Azure cost reporting. The Accounting IT Analyst will work closely with IT leaders and stakeholders to ensure effective financial management and cost optimization within the IT department.

 

EDUCATION

• Bachelor's degree in Finance, Accounting or a related field. 

 

EXPERIENCE

• Minimum of 3 years of experience in financial analysis, budgeting or related roles. 

 

JOB RESPONSIBILITIES

• Develop and maintain a centralized IT budget, including tracking and monitoring expenses, forecasts and cost allocations. 
• Conduct monthly financial analysis and reporting, highlighting key variances and providing insights to IT management. 
• Lead analysis on behalf of IT with Internal Audit and JV accounting to determine application of COPAS for bill out to partners through LOE or CAPEX. 
• Collaborate with IT teams to ensure accurate and timely recording of financial transactions and adherence to budgetary guidelines, including accruals, amortization, depreciation and bill outs. 
• Work closely with Azure administrators and IT teams to monitor and report on Azure costs, identifying opportunities for cost optimization. 
• Collaborate with Project Managers on variance analysis and forecast for all projects including Devon Energy Ventures. 
• Facilitate the WBS process and management for all initiatives requiring a WBS without a Project Manager. 
• Support the annual budgeting process, providing financial insights and recommendations to align IT initiatives with organizational goals. 
• Collaborate with procurement and vendor management teams to ensure accurate tracking and reporting of IT vendor expenses.  Assist in researching and reconciling missing or mis-coded invoices. 
• Provide financial guidance and support to IT stakeholders, assisting in decision-making processes related to budget management and cost control. 

 

OTHER REQUIREMENTS

• Strong understanding of financial principles and budget management. 
• Experience with IT financial management and cost optimization. 
• Proficiency in financial analysis tools and software. 
• Excellent analytical and problem-solving skills. 
• Strong attention to detail and accuracy. 
• Effective communication and interpersonal skills. 
• Ability to work independently and collaboratively in a team environment.

Devon Energy is committed to ensuring equal employment opportunity, including providing reasonable accommodations to individuals with a disability. Applicants with a physical or mental disability who require a reasonable accommodation for any part of the application or hiring process may contact the Devon Talent Acquisition Team at Diversity@dvn.com.