Verified Job
Accounting - Finance
Manager, Joint Venture Accounting
Accounting - Finance
#552583
Remote / WFH
Job Description
MANAGER, JOINT VENTURE ACCOUNTING & REPORTING
WHO WE ARE
“Energizing the Future.”
TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States, and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity. For over 111 years, TransAlta has been a responsible operator and proud community member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth.
For more information about TransAlta, visit our website at, www.transalta.com.
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
Support budgeting and forecasting processes related to joint ventures
Maintain and manage the books and records of joint ventures and corporate entities, ensuring compliance with accounting standards, contractual obligations, and regulatory requirements
Partner with operations and commercial teams to ensure appropriate cost allocation between partners
Manage month-end, quarter-end, and year-end financial close processes, including preparing joint venture financial statements, reconciliations, and supporting external reporting requirements
Analyze financial results, prepare variance analyses, and provide insights to support senior leadership decision-making
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.
Coordinate with external auditors and internal stakeholders to facilitate audits, providing leadership and oversight for customer or joint venture partner-initiated audits
Work closely with other controller teams to ensure the timely and accurate completion of accounting activities, addressing any issues or process gaps
Stay current on IFRS updates, industry trends, and regulatory changes
WHAT WE NEED FROM YOU
Bachelor’s Degree in Accounting, Finance, or a related field with a CPA designation (or equivalent)
Minimum of 7 years of progressive accounting experience, including expertise in joint ventures, consolidations, or complex financial reporting
Strong knowledge of International Financial Reporting Standards (IFRS), with some experience in U.S. Generally Accepted Accounting Principles (GAAP) preferred
Expertise in accounting principles for equity and cost method joint venture investments
Experience in management reporting and operational accounting
Familiarity with cogeneration assets and the Alberta electricity market
Exceptional communication and interpersonal skills, with the ability to articulate complex issues to individuals at all levels of the organization
Proven ability to manage multiple stakeholders and collaborate effectively in a complex business environment
High level of initiative, integrity, and personal accountability
Strong leadership and team management experience
Experience in the energy, utilities, or infrastructure sector
Proficiency in SAP and advanced Excel skills
WHAT WE OFFER
Comprehensive and flexible benefits for you and your family
Competitive compensation
Annual incentives, and a rewards program
Hybrid working arrangements (for eligible roles)
Vacation and personal days
To learn more about how we can energize your future, check out our new Employee Experience Booklet.
Become part of our TransAlta team today! We look forward to reviewing your application.
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply for a job unless they meet every single qualification. At TransAlta, we are dedicated to building an inclusive, diverse workforce where you can show up every day as your true, authentic self. So, if you’re excited about this role but your qualifications and experience don’t quite tick every box, we encourage you to apply anyways. You might just be the candidate we are looking for.
Our Commitment to Equity, Diversity, and Inclusion
It is our collective mission to ensure that every single employee feels a sense of inclusion and belonging and can show up to work as their true authentic self. TransAlta is committed to hiring a diverse workforce including women, Indigenous Peoples, persons with disabilities, members of visible minorities, and members of the LGBTQ2+ community. TransAlta believes that diversity enhances the quality of its performance, is an essential element of effective corporate governance, and cultivates a strong workplace culture.
WHO WE ARE
“Energizing the Future.”
TransAlta owns, operates, and develops a diverse fleet of electrical generation assets in Canada, the United States, and Australia, providing municipalities, industries, and businesses with safe, low-cost, and reliable clean electricity. For over 111 years, TransAlta has been a responsible operator and proud community member where its employees work and live. We are committed to fostering a dynamic, productive, and safe work environment. Our employees contribute to a diverse, open, and transparent culture with clear accountabilities, strong leadership, and challenging opportunities for personal career growth.
For more information about TransAlta, visit our website at, www.transalta.com.
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
Support budgeting and forecasting processes related to joint ventures
Maintain and manage the books and records of joint ventures and corporate entities, ensuring compliance with accounting standards, contractual obligations, and regulatory requirements
Partner with operations and commercial teams to ensure appropriate cost allocation between partners
Manage month-end, quarter-end, and year-end financial close processes, including preparing joint venture financial statements, reconciliations, and supporting external reporting requirements
Analyze financial results, prepare variance analyses, and provide insights to support senior leadership decision-making
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.
Coordinate with external auditors and internal stakeholders to facilitate audits, providing leadership and oversight for customer or joint venture partner-initiated audits
Work closely with other controller teams to ensure the timely and accurate completion of accounting activities, addressing any issues or process gaps
Stay current on IFRS updates, industry trends, and regulatory changes
WHAT WE NEED FROM YOU
Bachelor’s Degree in Accounting, Finance, or a related field with a CPA designation (or equivalent)
Minimum of 7 years of progressive accounting experience, including expertise in joint ventures, consolidations, or complex financial reporting
Strong knowledge of International Financial Reporting Standards (IFRS), with some experience in U.S. Generally Accepted Accounting Principles (GAAP) preferred
Expertise in accounting principles for equity and cost method joint venture investments
Experience in management reporting and operational accounting
Familiarity with cogeneration assets and the Alberta electricity market
Exceptional communication and interpersonal skills, with the ability to articulate complex issues to individuals at all levels of the organization
Proven ability to manage multiple stakeholders and collaborate effectively in a complex business environment
High level of initiative, integrity, and personal accountability
Strong leadership and team management experience
Experience in the energy, utilities, or infrastructure sector
Proficiency in SAP and advanced Excel skills
WHAT WE OFFER
Comprehensive and flexible benefits for you and your family
Competitive compensation
Annual incentives, and a rewards program
Hybrid working arrangements (for eligible roles)
Vacation and personal days
To learn more about how we can energize your future, check out our new Employee Experience Booklet.
Become part of our TransAlta team today! We look forward to reviewing your application.
Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply for a job unless they meet every single qualification. At TransAlta, we are dedicated to building an inclusive, diverse workforce where you can show up every day as your true, authentic self. So, if you’re excited about this role but your qualifications and experience don’t quite tick every box, we encourage you to apply anyways. You might just be the candidate we are looking for.
Our Commitment to Equity, Diversity, and Inclusion
It is our collective mission to ensure that every single employee feels a sense of inclusion and belonging and can show up to work as their true authentic self. TransAlta is committed to hiring a diverse workforce including women, Indigenous Peoples, persons with disabilities, members of visible minorities, and members of the LGBTQ2+ community. TransAlta believes that diversity enhances the quality of its performance, is an essential element of effective corporate governance, and cultivates a strong workplace culture.
