Joint Venture Accountant
About The Position
STV is seeking a Joint Venture Accountant to support the accounting, reporting, and compliance activities related to the Company’s joint venture and partnership arrangements. This position is designated as hybrid (3 days week in office) and can be located in one of the following offices: Douglassville, PA or Charlotte, NC. This role will be responsible for ensuring accurate financial reporting, cost allocation, and partner settlements in accordance with joint venture agreements, U.S. GAAP, and internal accounting policies. The Joint Venture Accountant will work closely with project teams, operational leadership, and joint venture partners and will play a key role in month‑end close, partner reporting, and audit support for STV’s joint venture portfolio.
Requirements
- Bachelor’s degree in Accounting or Finance; CPA or progress toward CPA certification.
- 4+ years of relevant accounting experience.
- Experience with joint venture, partnership, project, or complex intercompany accounting.
- Strong understanding of U.S. GAAP and financial reporting principles.
- Advanced Excel skills and experience working with ERP accounting systems.
- Strong analytical, organizational, and communication skills.
Nice To Haves
- Experience in professional services, engineering, construction, or project‑based environments; preferred.
Responsibilities
- Overseeing financial transactions between partnering entities, including managing all financial reports and reconciling accounts.
- Ensuring compliance with joint venture agreements as well as applicable accounting and regulatory requirements.
- Oversee accounting of Joint Ventures and Affiliated entities and ensure proper accounting and financial reporting practices are followed including equity method accounting and financial statement disclosures.
- Preparing and distributing monthly financial reports and completing the month-end close process.
- Providing information needed for tax return preparation and coordinating funding for tax payments through capital contributions.
- Communicating with partners to obtain tax filings for non-managed joint ventures.
- Daily review of bank activity and validating joint venture project payments.
- Communicating payment information to the Project Accounting team.
- Reviewing partner and subconsultant payment releases, ensuring sufficient funding and obtaining approval for release.
- Posting accounts receivable payments, processing and posting partner and subconsultant payments, and recording bank and journal entry activity.
- Reconciling bank accounts monthly.
- Ownership and maintenance of master joint venture listing.
- Coordination of system setup and new bank accounts requests for new managed joint ventures.
- Review of agreements to determine applicable partnership fees and coordinate fee billing.
- Identify and recommend process improvements to enhance efficiency, accuracy, and consistency in joint venture accounting and reporting.
Benefits
- Health insurance, including an option with a Health Savings Account
- Dental insurance
- Vision insurance
- Flexible Spending Accounts (Healthcare, Dependent Care and Transit and Parking where applicable)
- Disability insurance
- Life Insurance and Accidental Death & Dismemberment
- 401(k) Plan
- Retirement Counseling
- Employee Assistance Program
- Paid Time Off (starting at 16 days)
- Paid Holidays (9 days)
- Back-Up Dependent Care (up to 10 days per year)
- Parental Leave (up to 80 hours)
- Continuing Education Program
- Professional Licensure and Society Memberships
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
