Lead Accountant III – Joint Venture Accounting

TPI Global Solutions; Houston (TX); Hybrid; USD 90,000 - 120,000; Full time

Job summary

TPI Global Solutions seeks an experienced Lead Accountant III specialized in Joint Venture accounting to drive monthly financial statements, regulatory reporting, budgeting, and JV operations for multiple partnerships in a hybrid Houston environment.

The ideal candidate analyzes financial results, investigates variances, provides actionable recommendations to management, coordinates with auditors, and ensures SOX compliance and accurate FERC Form 2/3 reporting for each JV.

Qualifications

• Bachelor's degree in Accounting required.
• 6+ years of relevant accounting experience.
• Experience with regulatory reporting requirements, preferably FERC reporting (Form 2 and Form 3).
• Strong analytical skills and stakeholder management.

Responsibilities

• Prepare and review monthly financial statements and schedules for JV partners.
• Prepare, review, and approve monthly journal entries, including JV billings.
• Perform financial research and ad hoc analysis for JV partners.
• Prepare annual budgets for internal management and individual JVs.
• Coordinate cash calls and cash distributions with JV partners.
• Prepare and review quarterly and annual FERC Form 3 and Form 2 reports.
• Perform reconciliations and variance analysis; coordinate with auditors.

Education

Bachelor's degree in Accounting

CPA certification

Tools

Oracle Cloud ERP

Job description

Job Title: Lead Accountant III – Joint Venture Accounting

Location: Houston, TX (Hybrid)

Duration: Until Nov 2027 (with a possibility of extension)

Overview:

We are seeking an experienced Lead Accountant III specializing in Joint Venture (JV) Accounting to support financial reporting, regulatory compliance, budgeting, and accounting operations related to joint venture arrangements.

The ideal candidate will have strong accounting and analytical skills, experience with regulatory reporting requirements, and the ability to engage with internal and external stakeholders. This individual should go beyond routine report generation by analysing financial results, identifying discrepancies, asking relevant questions, and providing actionable recommendations to management.

Key Responsibilities:

• Prepare and review monthly financial statements and supporting schedules for internal management and joint venture partners
• Prepare, review, and approve monthly journal entries, including joint venture billings
• Perform financial research and analysis to address ad hoc requests and questions from JV partners
• Prepare annual budgets for internal management and individual joint ventures
• Coordinate cash calls and cash distributions with joint venture partners
• Prepare and review quarterly and annual FERC Form 3 and Form 2 regulatory reports
• Perform account reconciliations and monthly actual-versus-budget variance analysis
• Coordinate with internal and external auditors during quarterly and year-end audits
• Ensure compliance with SOX controls, accounting policies, and regulatory reporting requirements
• Analyse financial reports, identify discrepancies, investigate variances, and provide meaningful business insights
• Collaborate with Business Development, Treasury, Regulatory, Legal, Tax, Financial Reporting, and FP&A teams
• Maintain positive business relationships with joint venture partners and external stakeholders
• Provide guidance and support to accounting analysts as needed
• Participate in special accounting and financial reporting projects

Required Qualifications:

• Bachelor's degree in Accounting is required
• 6+ years of relevant accounting experience
• Strong understanding of financial accounting, reporting, reconciliations, and journal entries
• Experience with regulatory reporting requirements, preferably FERC reporting (Form 2 and Form 3)
• Strong analytical skills with the ability to investigate financial variances and identify discrepancies
• Excellent communication and stakeholder management skills
• Ability to interact effectively with senior management, auditors, and external business partners
• Strong organizational, planning, and problem-solving abilities

Preferred Qualifications:

• Experience in Joint Venture (JV) Accounting is highly preferred
• Experience with FERC regulatory reporting
• CPA certification is preferred but not mandatory
• Experience working with Oracle Cloud ERP; SAP experience is also acceptable due to transferable ERP knowledge
• Experience with SOX compliance, financial audits, budgeting, forecasting, and variance analysis
• Experience in the energy, pipeline, or oil and gas industry is an advantage

Hiring Manager's Key Expectations:

• Strong regulatory reporting experience is important, as the team anticipates a significant increase in reporting responsibilities
• Candidates should have hands-on experience analyzing financial reports rather than simply generating and distributing reports
• Must be comfortable asking questions, investigating financial discrepancies, and identifying trends or issues
• Strong stakeholder engagement and communication skills are essential
• Joint Venture Accounting experience is beneficial for understanding actual operational and financial activities
• The team currently uses Oracle Cloud as its ERP system; candidates with SAP experience should be able to adapt quickly
• The team is lean, collaborative, and works closely together.
• Education: Bachelor's Degree in Accounting
• Experience: 6+ Years of Relevant Experience
• CPA: Preferred, but not required
• ERP System: Oracle Cloud (SAP experience is also acceptable)
• Initial 12-month contract with an opportunity for extension
• Position is open due to a backfill requirement