Hi,
We do have an urgent requirement for the below position with our direct client, Please submit Resume, Rate and Contact details.
Position: SAP JVA (Joint Venture Accounting) Consultant
Location: Houston, TX
Duration: Long Term
We are seeking an experienced SAP Joint Venture Accounting (JVA) Consultant to support the design, implementation, configuration, and optimization of SAP Joint Venture Accounting solutions. The ideal candidate will possess deep expertise in SAP JVA processes within the Oil & Gas, Energy, Utilities, or Natural Resources industries and have hands-on experience integrating JVA with SAP Finance (FI), Controlling (CO), Asset Accounting (AA), Production and Revenue Accounting (PRA), and SAP S/4HANA.
The consultant will work closely with business stakeholders, accounting teams, joint venture partners, and technical teams to ensure accurate ownership allocations, cost sharing, revenue distribution, and partner billing processes.
Key Responsibilities:
Functional Leadership- Lead SAP JVA requirement gathering, business process analysis, and solution design workshops.
- Configure SAP Joint Venture Accounting modules to support operated and non-operated joint ventures.
- Design and implement ownership structures, venture master data, equity groups, recovery indicators, and distribution rules.
- Support partner cost allocation, billing, settlement, and revenue distribution processes.
- Develop solutions for cash calls, partner cutback accounting, and joint interest billing.
- System Configuration & Integration
Configure and support:- SAP Joint Venture Accounting (JVA)
- SAP FI/CO
- SAP Asset Accounting (AA)
- SAP Production Revenue Accounting (PRA)
- SAP Revenue Accounting & Reporting
- SAP S/4HANA Finance
- Design integrations between JVA and upstream/downstream business processes.
- Collaborate with technical teams to develop enhancements, interfaces, workflows, and reports.
Implementation & Support- Participate in all project lifecycle phases including:
- Requirements gathering
- Solution design
- Configuration
- Testing
- Data migration
- Training
- Go-Live support
- Conduct system integration testing (SIT), user acceptance testing (UAT), and defect resolution.
- Support month-end, quarter-end, and year-end financial close activities.
- Troubleshoot production issues and provide ongoing system support.
Stakeholder Collaboration- Partner with accounting, finance, land, production, and operations teams.
- Work directly with joint venture partners to ensure compliance with ownership and billing agreements.
- Document business processes, functional specifications, and training materials.
- Provide guidance on industry best practices and SAP roadmap recommendations.
Required Qualifications- Bachelor's degree in Accounting, Finance, Information Systems, Computer Science, or related field.
- 7+ years of SAP functional experience.
- 5+ years of hands-on SAP Joint Venture Accounting (JVA) experience.
- Multiple full lifecycle SAP implementations involving JVA.
- Strong experience with:
- SAP JVA
- SAP FI/CO
- General Ledger (GL)
- Accounts Payable (AP)
- Accounts Receivable (AR)
- Asset Accounting (AA)
- Cost Center Accounting
- Internal Orders
- Profit Centers
- Experience supporting ownership allocations, partner billing, and cost recovery processes.
- Strong understanding of accounting principles and joint venture operations.
- Excellent communication and stakeholder management skills.
