Manager, Joint Venture Accounting

Dufry Careers•BETHESDA, MD

10d•$85,400 - $100,500•Onsite

About The Position

The purpose of the Manager of Joint Venture (JV) Accounting is to assist all aspects of accounting for joint ventures. The responsibilities include financial reporting, profit sharing and cash distribution calculations, management fees calculations, loan tracking, maintaining compliance with financial terms of JV contracts, assist in audits with external auditors, and reconciling all related general ledger account, as mandated by JV agreements.

Requirements

Requires 3-6 years of experience in an accounting environment
A bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
Advanced Microsoft Excel skills
Advanced ERP skills with SAP
Strong financial acumen, including the ability to prepare and analyze financial statements and financial models
Advanced business acumen and also has the strategic mindset required to understand the long-term implications of accounting decisions and to advance the organizations goals
Demonstrated history of anticipating the needs of the business and complex stakeholders, the employee population, and individual circumstances
Demonstrated experience exhibiting a continuous improvement mindset with the ability to optimize work processes and achieve positive results
Training that leads to a clear and thorough understanding of IFRS reporting

Nice To Haves

CPA, CMA, or MBA preferred
Joint Venture accounting experience a plus
3-5 years of Hospitality, F&B and/or Retail experience in the industry

Responsibilities

Collaborates with JV partners relating to contractual financial terms, which primarily includes financial reporting, cash distributions, loans and other accounting matters
Maintains JV accounting policies, processes, and workflows; streamlines internal processes to gain efficiencies and maintain sound internal controls
Prepares monthly financial statements for all joint ventures
Responsible for calculation of partner distributions and management fees
Manages JV receivables and notes; monitors collections, and risk assessment
Reviews annual JV tax packages
Reconciles minority interest payable, loan balances and other JV balance sheet accounts
Assists with audits of joint ventures with Deloitte and prepares related audit schedules
Interact with Legal, Business Development and Operations Management on joint ventures related matters
Support onboarding of new joint ventures and restructuring activities