Position Overview Our client, a major Oil and Gas company, is looking for a JV Lead Accountant to work on a 12 months contract in Houston, TX. Primary Focus Lead Accountant, Joint Venture Accounting is responsible for preparing the general financial aspects of matters impacting our joint venture arrangements. The Joint Venture group is the primary point of contact acting to ensure the optimization of the financial performance of our joint venture activities and to respond to the needs of both our internal and external stakeholders proactively and retroactively. They are responsible for keeping accurate accounting and budgeting records, preparing financial statements in support of quarterly regulatory reporting requirements, facilitating proper cash management procedures, maintaining positive business relationships with partners, and leveraging knowledge and experience to assist other departments as various requests or issues arise. Key Responsibilities Prepare and review monthly financial statements and support schedules to be provided to internal management and partners Prepare, review, and approve monthly journal entries including joint venture billings Perform research and analysis for ad hoc questions or requests from partners Interact with other groups inside the company (including Business Development, Treasury, and Reporting) Prepare annual budgets for internal management and individual joint ventures Prepare and coordinate cash calls and cash distributions with partners Prepare and review quarterly and annual FERC Form 3 and Form 2 reports Prepare and review account reconciliations and monthly actual variance analysis Coordinate and interact with internal and external auditors on quarterly and year‑end audits Ensure compliance with SOX controls and related reporting requirements Provide guidance to analysts as needed Special projects as required Scope and Interaction Business Development – Assist in partnership negotiations, manage partner relationships, create and understand operating and construction budgets and support Management Committee operations. Regulatory – Assist during rate proceedings and other filings, ensuring accounting policies are in‑line with and support regulatory requirements. Legal – Assist during partnership negotiations and on any issues that may arise later (i.e., closing out potential findings from partnership audits). Economic Evaluation – Ensure their economic models are updated appropriately to result in representational IRRs. Treasury – Assist during financing transactions, with annual ratings agency presentations for the partnerships and with cash management matters. Tax – Discuss income and property tax impacts on potential transactions, partnership negotiations, and accounting policies. Other Accounting Functions (Financial Reporting, FP&A) – Including CAO, Operations Accounting Controller, and direct reports; ensure financial reporting disclosures are accurate and fairly presented, assist in research and documentation on technical accounting matters, and help FP&A group create, maintain, and understand annual operating budgets. Investor Relations – Explain operational and financial results, organizational structures and similar matters. Accounting point of contact for our partnerships – Assist with their accounting policies, review of monthly operating results, forecasting future results for their internal reporting purposes and dealing with joint venture audits. Independent auditors and audit staff from joint venture partners – Facilitate auditor access, respond to questions, support company positions. Knowledge, Skills & Abilities Bachelor's degree required in Accounting 6+ years or equivalent of related experience Ability to communicate effectively with all levels in the organization Excellent organization, planning, and analytical skills CPA preferred, but not required #J-18808-Ljbffr
JV Lead Accountant III • Houston, TX, United States
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