Joint Venture Financial Control Advisor
TotalEnergies
Joint Venture Financial Control Advisor
- Country
- USA
- City
- HOUSTON
- Workplace location
- HOUSTON-LOUISIANA STREET(USA)
- Employer company
- TotalEnergies American Services, Inc.
- Domain
- Finance
- Type of contract
- Regular position
- Experience
- Minimum 10 years
Context & Environment
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About TotalEnergies
TotalEnergies is a major energy company, which produces and markets fuels, natural gas and low-carbon electricity. Over 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 120 countries, TotalEnergies ambition is to achieve carbon neutrality by 2050 or sooner. The US Government is engineering a major transformation of the US economy with ambitious goals to cut GHG emissions in half by 2030 and reach net-zero emissions by 2050.
What We Provide
TotalEnergies offers a robust comprehensive benefits package available to employees on the first day of hire. These benefits include but are not limited to generous PTO, medical, dental & vision care, HSA with company contributions, health FSA, commuter benefits or paid parking, 401(k) plan with employer match, pension plan, life & accident insurances, generous parental leave, education assistance, fitness subsidy and more.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, protected veteran status, disability status or any other category protected under applicable federal, state or local law. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures.
TotalEnergies believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool.
International Consideration
TotalEnergies regrets that it is unable to sponsor employment Visas or consider individuals on time-limited visa status for this position.
Activities
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In a rapidly changing environment, the Finance Department is one of the cornerstones of TotalEnergies' success in meeting various business challenges in North America. As a Joint Venture Financial Control Advisor, you'll be responsible for the financial planning and analysis for our Renewable OBO and JV Investment portfolio, strengthen processes, analyze the actual results and provide understanding and explanations to management. Contribute to the development of the budget and Long-Term Planning (LTP) for all JVs within scope.
Key Responsibilities:
Provide reporting and result analysis for TotalEnergies JV Investments with our Integrated LNG & Integrated Power Value Chains focusing on:
- JV Relationship Management: Develop and foster close working relationships with the finance and operational teams working within the SME companies. Support any TTE finance secondees within TTE Investments (Clearway, Valinor JV etc.) as necessary.
- Investment Model Development: Responsible for development and maintenance of the detailed financial models needed to support planning and performance control around each equity method investment.
- Financial Reporting & Control: Ensure detailed understanding of the financial and operational performance of each Equity Method Investment held by the GRP businesses within North America. Supervision of monthly closing (data quality control, process coordination, analysis of variances from budget).
- Establish and lead recurring meetings to discuss project status, review performance, and understand the cash needs of each entity, and develop the necessary reports and tools to communicate consistently on this performance.
- IFRS Conversion Support: with the team of analysts, prepare detailed reconciliations and workpapers documenting the conversion from US GAAP to IFRS for each entity, as necessary.
- Accounting Liaison: Ensures that Financial Accounting and FP&A team members have access to the necessary financial information to support the monthly, quarterly and annual closing processes of TotalEnergies.
- Develops modelling to support the deferred tax accounting associated with the activities and develops the long-term taxable income forecasts for the investments for evaluation with US Tax & Asset Management teams.
Budget and Long-Term Planning
- Prepare and coordinate Long-Term Planning (LTP) and annual operating budget cooperating with JVs Asset Managers and JV contacts. This activity includes analysis of margin (Incl. key operational KPIs), operating costs, financial results, cost of debt, cashflow, dividend payments.
Studies
- Perform various ad hoc studies and operational support as directed by the Finance Director or Asset Manager.
Candidate Profile
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Education/Experience:
- Bachelor’s degree in accounting, Finance or other related fields.
- Strong background in financial reporting (7 to 10 years); Public accounting experience & CPA or CFA required.
Skills:
- Expert level in PowerPoint and Excel
- Must have high level interpersonal skills and be able to interact and communicate with individuals at all levels of the organization.
- Self-directed and highly motivated to operate successfully in a changing, rapid-growth, and hands-on environment.
Additional Information
- TotalEnergies values diversity, promotes individual growth and offers equal opportunity careers.