SAP JVA (Joint Venture Accounting) Consultant

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.