Joint Venture Accountant

At South Bow, we do one thing, and we do it well: safely moving oil between some of the world’s most critical markets. We’re building our high-performing team with versatile thinkers who thrive on solving big challenges together. If you’re ready for a position where your skills are highly valued and your work is incredibly important, we want to meet you. Bring your talents to a new streamlined energy company, dedicated to operational, commercial and safety excellence as we pursue our critical purpose of delivering the energy people need.

The Opportunity

We are seeking a Joint Venture Accountant who will be responsible for the full-cycle accounting and financial reporting for the Grand Rapids Pipeline Limited Partnership (GRP), a joint venture asset. Reporting to the Manager, Internal and External Reporting, this role ensures accurate and timely preparation of monthly, quarterly, and annual financial statements, supports equity accounting, and liaises with partners and other stakeholders.

What you’ll do

- Prepare and post journal entries for Grand Rapids, White Spruce, and Marketlink assets.

- Complete equity pick-up calculations.

- Compile monthly results for the Financial Reporting team.

- Develop and deliver the monthly financial statement reporting package for the partners.

- Assist in analyzing the balance sheet and income statement for consolidated financial statements.

- Prepare backup documentation for equity investments to support financial statement notes.

- Contribute to the preparation of annual audited financial statements for the statutory audit.

- Prepare monthly cash calls and monitor distributions to partners.

- Analyze cash flow statements and support forecasting activities.

- Prepare Marketlink FERC reporting and assist with the annual variable toll true-up for Grand Rapids.

- Support the Tax group by preparing legal entity financial statements.

- Collaborate with internal teams to enhance joint venture accounting processes.

- Coordinate with external auditors and JV partners to ensure compliance and transparency.

Minimum Qualifications

- Requires a University degree in Finance, Accounting, Business or a related field

- CPA designation or progression towards

- 4+ years’ of experience in accounting, preferably in joint venture or pipeline operations

- Strong understanding of equity accounting and financial statement preparation.

- Proficiency in D365 and Excel; experience with financial reporting tools is an asset.

- Excellent communication and organizational skills.

This position requires candidates to:

Pass pre-employment screenings including credit and criminal background checks

About our business

South Bow's existing oil & liquids pipeline infrastructure connects Alberta crude oil supplies to U.S. refining markets in Illinois, Oklahoma, Texas and the U.S. Gulf Coast. We remain committed to meeting the energy needs of North Americans today, while advancing our Liquids Pipelines System for the demands of the future. Connecting growing Canadian and U.S. crude oil supply to key markets, leveraging existing assets and seeking new opportunities to continue to provide our customers with access to the destinations they need.

South Bow is an equal opportunity employer and participates in the E-Verify program supervised by the U.S. government.

Learn more

Visit us at http://SouthBow.com and connect with us on our social media channels for our latest news, employee stories, community activities, and other updates.

Thank you for choosing South Bow in your career search.

- Depending on qualifications, the successful candidate may be offered a position at a more appropriate level and/or ladder.

- Applicants must have legal authorization to work in the country in which the position is based with no restrictions.

- All positions require background screening. Some require criminal and/or credit checks to comply with regulations.

- South Bow is committed to provide employment opportunities to all qualified individuals, without regard to race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. Accommodation for applicants with disabilities is available on request during the recruitment process. Applicants with disabilities can request accessible formats or communication supports by contacting human.resources@southbow.com .