ABOUT THE ROLE
The Manager, Joint Venture Accounting & Reporting is responsible for overseeing the day-to-day operations accounting, reporting, and analysis of the company's joint ventures. Reporting to the VP, Finance and Controller, this role will produce financial information needed by various stakeholders to effectively manage the business and meet reporting obligations, while ensuring compliance with controls.
WHAT YOU WILL DO
- Lead and mentor a team of accounting professionals, fostering a culture of continuous improvement and professional development
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Support budgeting and forecasting processes related to joint ventures
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Maintain and manage the books and records of joint ventures and corporate entities, ensuring compliance with accounting standards, contractual obligations, and regulatory requirements
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Partner with operations and commercial teams to ensure appropriate cost allocation between partners
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Manage month-end, quarter-end, and year-end financial close processes, including preparing joint venture financial statements, reconciliations, and supporting external reporting requirements
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Analyze financial results, prepare variance analyses, and provide insights to support senior leadership decision-making
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Develop and implement internal controls and process improvements to ensure accurate calculations, review, and reporting of monthly actuals, forecasts, annual budgets, and long-range plans for joint ventures.
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Coordinate with external auditors and internal stakeholders to facilitate audits, providing leadership and oversight for customer or joint venture partner-initiated audits
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Work closely with other controller teams to ensure the timely and accurate completion of accounting activities, addressing any issues or process gaps
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Stay current on IFRS updates, industry trends, and regulatory changes
WHAT WE NEED FROM YOU
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Bachelor's Degree in Accounting, Finance, or a related field with a CPA designation (or equivalent)
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Minimum of 7 years of progressive accounting experience, including expertise in joint ventures, consolidations, or complex financial reporting
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Strong knowledge of International Financial Reporting Standards (IFRS), with some experience in U.S. Generally Accepted Accounting Principles (GAAP) preferred
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Expertise in accounting principles for equity and cost method joint venture investments
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Experience in management reporting and operational accounting
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Familiarity with cogeneration assets and the Alberta electricity market
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Exceptional communication and interpersonal skills, with the ability to articulate complex issues to individuals at all levels of the organization
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Proven ability to manage multiple stakeholders and collaborate effectively in a complex business environment
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High level of initiative, integrity, and personal accountability
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Strong leadership and team management experience
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Experience in the energy, utilities, or infrastructure sector
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Proficiency in SAP and advanced Excel skills
TransAlta Corporation
110 Twelfth Ave SW
Calgary
Alberta Canada
www.transalta.com
