Lead Accountant – Joint Venture Accounting

TPI Global Solutions

Houston (TX)

Hybrid

USD 90,000 - 120,000

Part time

11 hours ago
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Job summary

TPI Global Solutions is seeking a Lead Accountant – Joint Venture Accounting in Houston, TX. Hybrid work arrangement with 3 days on site per week.

You will oversee JV financial reporting, budgeting, cash management, and regulatory compliance, serving as the main financial contact for JV partners and auditors. The ideal candidate has 6+ years in accounting, strong JV or partnership experience, and solid knowledge of FERC reporting and SOX controls.

Qualifications

  • Strong analytical, organizational, and problem-solving skills.
  • Excellent verbal and written communication abilities across stakeholders.
  • Experience with regulatory reporting and audits, including SOX controls.
  • Knowledge of internal controls and financial audit processes.
  • Familiarity with joint venture accounting and complex financial arrangements.

Responsibilities

  • Prepare and review monthly financial statements and schedules for internal management and JV partners.
  • Prepare, review, and approve monthly journal entries, including JV billings.
  • Coordinate with cross-functional teams (BD, Treasury, FP&A, Legal, Tax, Regulatory).
  • Develop and prepare annual budgets for internal management and individual JVs.
  • Coordinate cash calls, distributions, and cash management with JV partners.
  • Prepare and review quarterly and annual FERC Form 3 and Form 2 regulatory reports.
  • Perform reconciliations and variance analysis (actual vs. budget).
  • Assist auditors during quarterly and year-end audits and provide documentation.
  • Ensure compliance with SOX controls and related financial policies.
  • Monitor compliance with joint venture agreements and identify optimization opportunities.
  • Provide guidance to accounting analysts and mentor junior staff.
  • Contribute to special projects and other accounting assignments.

Skills

Analytical skills
Communication skills
Regulatory reporting
Internal controls
SOX compliance

Education

Bachelor's degree in Accounting

Job description

Job Title: Lead Accountant – Joint Venture Accounting

Location: Houston, TX

Work Arrangement: Hybrid – 3 days onsite per week

Employment Type: 6+ months Contract, with a possibility of extension

Job Overview

We are seeking an experienced Lead Accountant – Joint Venture Accounting to oversee and manage financial accounting activities related to joint venture (JV) operations. This role will be responsible for ensuring accurate financial reporting, budgeting, cash management, regulatory compliance, and effective coordination with internal and external stakeholders.

The ideal candidate will have strong experience in joint venture accounting, financial statement preparation, general ledger activities, budgeting, account reconciliations, and regulatory reporting. This individual will serve as a key financial point of contact for joint venture partners, management, auditors, and cross-functional teams while ensuring compliance with applicable financial agreements, SOX controls, and regulatory requirements.

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.
  • Conduct financial research and analysis to address ad hoc requests and inquiries from joint venture partners.
  • Collaborate with cross-functional teams, including Business Development, Treasury, Financial Reporting, FP&A, Legal, Tax, and Regulatory departments.
  • Develop and prepare annual budgets for internal management and individual joint ventures.
  • Coordinate cash calls, cash distributions, and other cash management activities with joint venture partners.
  • Prepare and review quarterly and annual FERC Form 3 and FERC Form 2 regulatory reports.
  • Perform and review account reconciliations and monthly actual-versus-budget variance analysis.
  • Coordinate with internal and external auditors during quarterly and year-end audits, including responding to audit inquiries and providing supporting documentation.
  • Ensure compliance with SOX controls, financial policies, and related reporting requirements.
  • Monitor compliance with financial terms of joint venture agreements and identify opportunities to improve financial performance and cost recovery.
  • Provide guidance, support, and direction to accounting analysts as needed.
  • Develop and recommend solutions to financial and accounting issues, presenting actionable recommendations to senior management and joint venture stakeholders.
  • Participate in special projects and other accounting-related assignments as required.
Required Qualifications
  • Bachelor's degree in Accounting or a related field.
  • Minimum of 6+ years of relevant accounting experience.
  • Strong understanding of general accounting principles, financial reporting, budgeting, and account reconciliations.
  • Experience with joint venture accounting, partnership accounting, or complex financial arrangements.
  • Knowledge of journal entries, financial statements, cash management, and variance analysis.
  • Experience with regulatory reporting, preferably FERC Form 2 and Form 3.
  • Familiarity with SOX compliance, internal controls, and financial audit processes.
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent verbal and written communication skills, with the ability to interact effectively across all levels of an organization.
  • Ability to manage multiple priorities, work independently, and meet reporting deadlines.
Preferred Qualifications
  • CPA certification preferred but not required.
  • Experience working with joint venture partners and managing financial reporting requirements.
  • Background in the energy, utilities, or pipeline industry.
  • Experience coordinating quarterly and annual audits and supporting regulatory filings.
  • Ability to provide technical accounting guidance and mentor junior accounting professionals.
  • Joint Venture Accounting
  • General Ledger (GL) Accounting
  • Annual Budgeting & Forecasting
  • Cash Calls & Cash Distributions
  • FERC Regulatory Reporting (Form 2 & Form 3)
  • Account Reconciliations
  • Actual vs. Budget Variance Analysis
  • SOX Compliance & Internal Controls
  • Financial Audits & Audit Coordination
  • Partnership Accounting
  • Cost Recovery & Financial Optimization
  • Stakeholder & Partner Relationship Management
  • Team Guidance & Mentoring

Ideal Candidate: A seasoned accounting professional with 6+ years of experience, strong joint venture or partnership accounting knowledge, and the ability to independently manage financial reporting, budgeting, regulatory compliance, and partner relationships.

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