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Position Title: Joint Venture Accountant

Department: Finance

Reports To: Senior Reporting and Tax Manager

Status: Exempt

Date: June 2026

Broad Functions:

The Joint Venture Accountant is responsible for overseeing all accounting-related reporting, ownership accounting, partner communications, and compliance activities for the Company's joint venture entities. This position serves as the primary accounting liaison between the Company and its joint venture partners and is responsible for ensuring the timely and accurate preparation of partner reporting packages, maintenance of ownership and capital account records, calculation of non-controlling interests and partner distributions, management of joint venture receivables, and coordination of tax reporting requirements.

Main Duties and Responsibilities:

1. Responsible for the accounting administration, financial reporting, and compliance activities of all assigned joint venture entities.

2. Serves as the primary accounting liaison for joint venture partners, maintaining effective communication regarding financial results, distributions, capital activity, tax matters, and other accounting-related inquiries.

3. Prepares and distributes monthly, quarterly, and annual financial reporting packages in accordance with partnership agreements and reporting deadlines.

4. Maintains ownership structures, capital account schedules, partner balances, and percentage participation records for all joint venture entities.

5. Calculates and manages non-controlling interests, ownership allocations, capital contributions, partner distributions, and other equity-related transactions in accordance with partnership agreements.

6. Maintains and reconciles joint venture accounts receivable balances, including partner funding obligations, loans, capital contribution advances, settlements, and reimbursements.

7. Reviews partnership agreements and related contractual documents to ensure proper accounting treatment, reporting compliance, and adherence to ownership and distribution provisions.

8. Manages the annual tax reporting process for joint venture entities, including coordination with external tax consultants and distribution of Schedule K-1s.

9. Develops, documents, and continuously improves joint venture accounting processes, policies, and internal controls.

10. Maintains a comprehensive portfolio of joint venture entities, ensuring timely completion of all reporting, compliance, and partner obligations.

11. Supports management with financial analysis, special projects, and ad hoc reporting as needed.

Skills and Qualifications:

1. Bachelor's degree in Accounting or related field.

2. Five or more years of progressive accounting experience, preferably in joint venture, partnership, financial reporting, or multi-entity accounting environments.

3. Strong knowledge of GAAP, financial statement analysis, equity accounting, ownership allocations, capital accounts, partner distributions, and non-controlling interests.

4. Familiarity with partnership tax returns, Schedule K-1 reporting, and coordination with external tax advisors.

5. Strong analytical, organizational, and problem-solving skills with exceptional attention to detail.

6. Ability to independently manage multiple entities, competing priorities, and reporting deadlines.

7. Strong verbal and written communication skills with the ability to effectively interact with partners, consultants, and management.

8. Advanced proficiency in Microsoft Excel and financial systems; SAP experience preferred

Physical Demands:

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is required to sit for extended periods of time. This position is performed within an office environment whose duties are primarily performed behind a desk. Employees in these positions frequently operate a computer, read and write, and interact with others in person, over the phone, and via other devices. They move about within the office to access file cabinets, documents, office machinery, and other equipment. They may also have to do some light lifting of supplies and materials from time to time. Occasionally move objects weighing up to 20 lbs., and sometimes, but rarely, up to 50 lbs.