Sr. Advisor, US GTM Joint Venture Accounting and Reporting

Posting End Date:

August 29, 2024

Employee Type:

Regular-Full time

Union/Non:

This is a non-union position

Enbridge has an exciting opportunity for you! Sr. Advisor, US GTM Joint Venture Accounting and Reporting is primarily responsible for all general financial aspects impacting our joint venture arrangements and external regulatory reporting for both joint venture and consolidated assets. If this sounds like something that you would be interested in, you may be good fit for our Sr Advisor, US GTM Joint Venture Accounting position.

See below to understand the full scope, and we look forward to your application!

What You Will Do:

• Prepare and review monthly financial statements support schedules to be provided to internal management and partners

• Prepare, review, and approve monthly journal entries including joint venture billings

• Prepare and review monthly actual balance sheets and income statements variance analysis

• Perform research and analysis for ad hoc questions or requests from partners

• Prepare and review account reconciliations and monthly actual variance analysis

• Prepare, review and coordinate cash calls and cash distributions with partners

• Prepare and analyze large volume of data from ERP system to facilitate monthly cost allocation process

• Prepare and review Federal Energy Regulatory Commission (FERC) Form 2 and Form 3-Q

• Prepare and review annual Texas Rail Road Commission (RRC) Filings

• Prepare FERC/RRC  rate case related schedules and support documentation

• Coordinate and interact with internal and external auditors on quarterly and year-end audits

• Ensure compliance with SOX controls and related reporting requirements

• Interact with internal and external stakeholders

• Provide guidance to analysts and advisors as needed

• Special projects as required

Internal Stakeholders:

• Business Development – Interactions include assisting in partnership negotiations, managing partner relationships, creating and understanding operating and construction budgets and supporting Management Committee operations.

• Regulatory – Interactions include assisting during rate proceedings and other filings, ensuring accounting policies are in-line with and support regulatory requirements.

• Legal – Interactions include assisting during partnership negotiations and on any issues that may arise later (i.e. closing out potential findings from partnership audits)

• Economic Evaluation – Interactions include ensuring their economic models are updated appropriately to result in representational IRRs.

• Treasury – Interactions include assisting during financing transactions, with annual ratings agency presentations for the partnerships and with cash management matters.

• Tax – Interactions include discussing income and property tax impacts on potential transactions, partnership negotiations, and accounting policies.

• Other accounting functions (Financial Reporting, FP&A) – Including CAO, Operations Accounting Controller, and direct reports. Interactions include ensuring financial reporting disclosures are accurate and fairly presented, assisting in research and documentation on technical accounting matters, and helping FP&A group create, maintain, and understand annual operating budgets.

• Investor Relations – Interactions include explaining operational and financial results, organizational structures and similar matters.

• External Stakeholders:

• Accounting point of contact for our partnerships – Interactions include assisting with their accounting policies, review of monthly operating results, forecasting future results for their internal reporting purposes and dealing with joint venture audits.

• Independent auditors and audit staff from joint venture partners – facilitating auditor access, responding to questions, supporting company positions.

Required: