SAP JVA( Joint Venture Accounting)

Overview

Remote
Depends on Experience
Accepts corp to corp applications
Contract - W2
Contract - Independent
Contract - 12 Month(s)
10% Travel
Unable to Provide Sponsorship

Skills

Finance
PS
JVA
SAP FI
SAP MM
SAP
Financial Management

Job Details

Need 15+ years of Experience

Visa : No OPT & CPT

Location : Remote

Core Technical & Functional Skills:

·        JVA Configuration: Setting up master data, company codes, venture partners, equity types, billing/recovery indicators, and cutback rules.

·        : Managing partner contributions, withdrawals, profit/loss allocation, and settlements.

·        Cutback & Equity Management: Handling equity adjustments, cutback processes (GJCB), and prior-period corrections.

·        Overhead & Recovery: Configuring and applying recovery indicators for overheads and payroll burden.

·        Partner Billing: Executing billing, netting, and managing cash calls.

·        Integration: Seamless connection with SAP FI (Finance), CO (Controlling), MM (Materials Management), and PS (Project System).

·        Reporting & Analytics: Generating venture-specific financial statements and analyzing data.

·        Month-End Close: Performing period-end activities, suspension/unsuspension, and error resolution. 

Domain & Industry Knowledge:

  • Oil & Gas (Upstream): Understanding operator/non-operator roles, partner accounting, and industry-specific scenarios.
  • Financial Management: Expertise in cost allocation, revenue recognition, and profitability analysis. 
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