Joint Venture and Equity-Method Accounting Adviser

The mandate

The Adviser will help accounting leadership answer a continuing question: do joint arrangements and equity-method interests remain correctly classified, measured and governed as rights, obligations and investee facts change? The work is intentionally selective, concentrating on high-judgment arrangements and event triggers. It does not include negotiating agreements, managing investments or preparing investee accounts.

The cadence combines a fortnightly case review, a monthly change-trigger scan and attendance at scheduled quarterly governance meetings. Management will provide executed agreements, governance materials, approved financial information and its own proposed analysis. The Adviser will identify missing rights, inconsistent evidence and alternative accounting interpretations without assuming responsibility for fact certification.

Advice must move beyond ownership percentages. It will test substantive decision rights, protective provisions, unanimity requirements, funding obligations and the actual operation of governance. For equity-method accounting, attention will extend to reporting lags, policy alignment, upstream and downstream effects, impairment indicators and the quality of investee information used.

The Chief Accounting Officer remains the accounting decision holder. The Adviser has no power to vote investments, instruct investee management, post adjustments or approve disclosures. Where facts require legal or valuation expertise, the Adviser will specify the accounting question and evaluate the relevance of specialist input without adopting that specialist’s responsibility.

By term end, the expected legacy is a complete arrangement inventory, a trigger-based review protocol, stronger conclusion papers and a controlled equity-method reporting bridge. Conflicts arising from roles with co-investors, investees, advisers, financiers or related holdings require disclosure and clearance before any named arrangement is discussed.

There is no line authority: recommendations travel through the Chief Accounting Officer, who decides whether and how actions are assigned.

What you will own

• Define risk criteria for arrangements requiring fresh classification or measurement review.
• Challenge whether contractual rights and actual governance support control, joint control, significant influence or another conclusion.
• Review equity-method bridges for policy differences, reporting lag, investor-level adjustments and transaction effects.
• Establish trigger monitoring for amendments, funding changes, governance disputes, ownership movements and loss of information access.
• Improve decision papers by requiring decisive facts, alternatives, contrary evidence and downstream reporting consequences.
• Advise on impairment indicators and escalation needs without performing a valuation or choosing a commercial outcome.
• Maintain a principles register and teach internal owners how to revisit conclusions when facts change.
• Refuse negotiation, investment-management, entry-preparation and investee-control responsibilities.

Candidate qualifications

• Demonstrate senior application of IFRS or US GAAP to joint arrangements and equity-method investments.
• Describe a classification conclusion where contractual rights outweighed the simple ownership percentage.
• Show how you handled incomplete or delayed investee information without concealing reporting limitations.
• Evidence command of policy alignment, investor adjustments, transaction eliminations and impairment indicators.
• Explain how you used legal analysis while retaining accounting judgment with management.
• Provide an example of influencing a sensitive conclusion despite having no authority over the investment.
• Identify conflicts you have managed involving co-investors, investees or related advisers.

Working terms and boundaries

• The ten-month retainer covers three days weekly, fortnightly cases, monthly scans and scheduled quarterly meetings.
• Management supplies complete governing documents and its initial analysis; the Adviser does not certify contractual facts.
• No investment vote, negotiation role, investee instruction, posting access or assurance responsibility transfers.
• Urgent arrangement events require written reprioritisation within the agreed cadence.
• Conflicts are assessed before each named arrangement is accepted for review.

Application

Applications for this mandate are received in one way only: through the India Board Terminal's application process. It is automated end to end. Your Executive Passport travels to the mandate holder in its confidential form, your answers to the three questions below are read before anything else in your file, and every stage that follows is recorded on your applications page.

There is no address to write to and no intermediary to call. The mandate holder reads what the Terminal delivers and nothing else, which is what keeps the process the same for every applicant and keeps your name out of it until you release it. Applications close on 11 October 2026. Mandate reference FNA-ADV-2026-LUX-23.