Location: Houston, TX
Contract Duration: 6 Months
Industry: Energy / Oil & Gas
Are you an experienced accounting professional with a strong background in Joint Venture Accounting, financial reporting, and the energy industry?
We are seeking a Lead Accountant – Joint Venture Accounting to join a leading energy organization in Houston, TX, for a 6-month contract opportunity.
This is an excellent opportunity for a seasoned accounting professional who enjoys working with complex financial transactions, managing joint venture relationships, and collaborating with cross-functional teams.
In this role, you'll play a key part in overseeing joint venture financial activities, ensuring accurate financial reporting, optimizing cost recovery, and providing valuable financial insights to senior leadership and business partners.
What You'll Be Doing
- Joint Venture Accounting: Prepare, review, and approve monthly journal entries, joint venture billings, financial statements, and supporting schedules.
- Financial Reporting & Analysis: Perform account reconciliations, analyze monthly financial variances, and investigate complex accounting discrepancies.
- Cash Management: Coordinate joint venture cash calls, cash distributions, and related financial transactions with external partners.
- Budgeting & Forecasting: Prepare annual operating and construction budgets, support financial forecasting, and evaluate joint venture financial performance.
- Regulatory Compliance: Prepare and review quarterly and annual FERC Form 2 and Form 3 reports, ensuring compliance with applicable regulatory requirements.
- Audit & SOX Compliance: Coordinate internal and external audits, maintain SOX compliance, and support financial reporting controls.
- Partner Collaboration: Serve as a key accounting contact for joint venture partners, addressing financial inquiries, resolving discrepancies, and supporting partnership activities.
- Cross-Functional Leadership: Collaborate with Treasury, Business Development, Regulatory, Legal, Tax, and Financial Reporting teams to support business initiatives and financial decision-making.
- Team Guidance: Provide technical accounting guidance and support to analysts while identifying opportunities to improve processes and operational efficiency.
What We're Looking For
- Bachelor's degree in Accounting.
- Minimum of 6 years of relevant accounting experience.
- Strong knowledge of financial reporting, journal entries, general ledger reconciliations, and financial analysis.
- Excellent analytical, organizational, and problem-solving skills.l
- Strong communication skills with the ability to collaborate with senior leadership, internal departments, and external business partners.
Highly Desirable Experience:
- Joint Venture Accounting and Joint Interest Billing (JIB), preferably within the energy, oil and gas, or pipeline industries.
- Cash calls, partner distributions, and joint venture financial management.
- FERC regulatory reporting, particularly Forms 2 and 3.
- SOX compliance, financial audits, and internal controls.
- Experience guiding or mentoring accounting professionals.
- CPA designation is preferred but not required.
Why Consider This Opportunity?
- Industry Exposure: Gain experience supporting complex joint venture operations within a leading energy organization.
- Meaningful Impact: Contribute directly to financial reporting, regulatory compliance, and joint venture financial performance.
- Professional Collaboration: Work alongside experienced accounting professionals and cross-functional business leaders.
- Leadership Opportunities: Apply your technical expertise while providing guidance and recommendations that influence business decisions.