Lead Accountant
Contract Length: 12 Months
Work Type: Hybrid
Location: Houston, TX
Raise is currently hiring a contract team member on behalf of our client. They’re expanding their team to meet growing needs, making this a unique opportunity to work with an industry leader.
Job Overview:
The Lead Accountant, Joint Venture Accounting is responsible for managing the financial and accounting activities associated with joint venture partnerships. This role serves as a key point of contact for both internal and external stakeholders, ensuring the accurate recording, reporting, and analysis of joint venture financial activities. The position supports financial performance optimization, regulatory compliance, cash management, budgeting, and partner relations while providing accounting expertise across the organization.
Key Responsibilities
- Prepare and review monthly financial statements and supporting schedules for management and joint venture partners.
- Prepare, review, and approve monthly journal entries, including joint venture billings.
- Conduct research and provide analysis for partner inquiries, financial issues, and ad hoc requests.
- Collaborate with cross-functional teams, including Business Development, Treasury, Regulatory, Finance, and Reporting groups.
- Develop and manage annual budgets for joint ventures and internal management reporting.
- Coordinate cash calls and cash distributions with venture partners.
- Prepare and review quarterly and annual regulatory filings, including FERC Form 2 and Form 3 reports.
- Perform account reconciliations and analyze monthly financial variances.
- Support quarterly and annual audits by coordinating with internal and external auditors.
- Ensure compliance with SOX controls and financial reporting requirements.
- Provide mentorship, guidance, and technical support to accounting analysts.
- Participate in special projects and process improvement initiatives as assigned.
- Monitor compliance with financial provisions contained within joint venture agreements.
- Identify financial, operational, and compliance issues and develop actionable recommendations for management and stakeholders.
- Support cost recovery initiatives and ongoing optimization of joint venture performance.
Stakeholder Engagement
- This role works closely with a broad range of internal and external stakeholders, including:
- Business Development teams on partnership negotiations, budgeting, and partner relationship management.
- Regulatory teams to align accounting practices with regulatory requirements and support filings.
- Legal teams during partnership negotiations and audit-related matters.
- Economic Evaluation teams to ensure financial models accurately reflect business performance.
- Treasury teams regarding financing activities, cash management, and ratings agency presentations.
- Tax professionals on transaction impacts, partnership structures, and accounting considerations.
- Financial Reporting and FP&A teams to support disclosures, technical accounting research, and budget planning.
- Investor Relations teams to explain financial performance, organizational structures, and operational results.
- Joint venture partners to support accounting processes, forecasting, reporting, and audit activities.
- Independent auditors and partner audit teams by facilitating information requests and supporting accounting positions.
Qualifications
- Bachelor’s degree in accounting required.
- Minimum of 6 years of progressive accounting or related financial experience.
- Strong understanding of financial reporting, general ledger accounting, budgeting, reconciliations, and regulatory reporting.
- Experience working with joint ventures, partnerships, or complex financial arrangements is preferred.
- Knowledge of SOX compliance requirements and internal controls.
- Excellent analytical, organizational, and problem-solving skills.
- Strong interpersonal and communication skills with the ability to interact effectively across all levels of an organization.
- Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
- CPA designation preferred but not required.
Preferred Competencies
- Financial statement preparation and analysis
- Joint venture accounting
- Budgeting and forecasting
- Regulatory reporting
- Audit coordination
- Cash management
- Variance analysis
- Stakeholder relationship management
- Process improvement
- Technical accounting research
- Leadership and mentoring skills
Looking for meaningful work? We can help
Raise is an established hiring firm with over 65 years of experience. We believe strongly in making the world a better place through work, which is why we’re a certified B Corporation and donate 10% of our profits to charity.
We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities.
We have a dedicated webpage for accommodations where you can learn more about what we offer and request accommodation: https://raise.jobs/accommodations/
In order to submit candidates for roles, our clients will sometimes require personal information to confirm the identity of applicants and their legal status to work. Raise will never ask you for personal or banking information unless you have been selected for a job. If you are ever unsure about the legitimacy of this or another job posting by Raise (or have any other questions), please contact us at +1 800-567-9675 or hello@raiserecruiting.com
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