Manager, Joint Venture Accounting & Reporting

Job Description

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.