New

Sr. Director, Commodity and Technical Accounting

NextDecade
United States, Texas, Houston
1000 Louisiana Street (Show on map)
May 16, 2025
ABOUT NEXTDECADE CORPORATION NextDecade is committed to providing the world access to reliable, lower carbon energy. We are focused on delivering secure, low-cost, and sustainable energy solutions through the safe and efficient development and operation of natural gas liquefaction and carbon capture and storage infrastructure. Through our subsidiaries, we are developing and constructing the Rio Grande LNG natural gas liquefaction and export facility near Brownsville, Texas, with approximately 48 MTPA of potential liquefaction capacity currently under construction or in development. We are also developing a potential carbon capture and storage project at the facility that is expected to make meaningful impacts toward a lower carbon future. NextDecade's common stock is listed on the Nasdaq Stock Market under the symbol "NEXT." NextDecade is headquartered in Houston, Texas. For more information, please visit www.next-decade.com . SUMMARY OF THE ROLE The Senior Director, Commodity & Technical Accounting leads the company's most complex accounting areas, including commodity contracts, derivatives, and technical accounting matters under U.S. GAAP. This role partners closely with commercial, risk, and finance teams to evaluate transaction structures, guide accounting strategy, and ensure compliance with evolving standards. A key advisor to leadership, this position brings deep technical expertise, strong business acumen, and the ability to translate complex accounting into actionable insights. KEY RESPONSIBILITIES Lead the accounting and reporting for commodity contracts, including physical and financial derivatives under ASC 815 Evaluate and document the accounting treatment for complex commercial agreements, structured transactions, and long-term supply contracts Own the company's accounting policies, ensuring alignment with evolving U.S. GAAP standards and industry practices Serve as the primary technical accounting resource for the company, drafting position papers and accounting memos for internal and audit review Oversee hedge accounting compliance, effectiveness testing, and documentation requirements Collaborate with the commercial and risk management teams to evaluate new deals and advise on accounting implications pre-execution Provide accounting guidance and oversight during key transactions such as M&A, asset sales, and financing arrangements Lead or support the implementation of new accounting standards (e.g., ASC 842, ASC 606, ASC 326) and process improvements Liaise with external auditors and regulators on technical matters and significant accounting judgments Develop and mentor a high-performing technical accounting team REQUIREMENTS Bachelor's degree in Accounting or Finance (preferred); CPA required 12+ years of progressive accounting experience, including public accounting and industry roles Deep understanding of U.S. GAAP, SEC reporting requirements, and technical accounting standards Extensive experience with commodity accounting, derivative instruments, hedge accounting, and fair value measurement Proven ability to interpret and apply complex accounting guidance to commercial transactions Strong leadership skills and executive presence with the ability to influence cross-functional stakeholders Excellent communication skills, including the ability to present technical conclusions to non-technical audiences Experience working with large ERP systems (e.g., SAP, Oracle) and reporting tools (e.g., Workiva) PREFERRED REQUIREMENTS Experience in the energy, utilities, or commodities sector Background in Big 4 public accounting Familiarity with ETRM systems and integration with financial reporting Prior experience in a publicly traded company Work Environment This position operates in a professional office environment with occasional work within or outside of a complex construction environment. This role routinely uses standard office equipment such as computers, phones, photocopiers/fax, filing cabinets, etc. This is primarily a sedentary role; however, the incumbent must be able to stand and/or sit continuously to perform all essential job functions for a full shift. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to support individuals with ADA-recognized disabilities to perform the essential functions for the job. * Ability to lift up to 20 lbs. as required in order to lift files, boxes and office equipment as necessary. * Ability to lift files, open filing cabinets and bending, standing on a stool, or climbing as necessary to perform these functions. * While performing the duties of this role, the incumbent may be required to talk or hear. * The incumbent is required to stand, walk, use hands to handle or feel; and reach with hands and arms. * Ability to move throughout all areas of each office/site location and facilities. * Able to wear all necessary PPE equipment to perform job functions. If you require accommodations during the application or interview process, please contact Human Resources at recruiting@next-decade.com. Other Duties Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire. NEXTDECADE VALUES* * Safety - We make safety a priority. Everything we do relies on the safety of our people and the communities around us. * Integrity - We do the right thing, and are open, ethical, and fair. We hold ourselves to the highest standards in all that we do. * Honesty - We value truth and honesty in ourselves and others. We honor our commitments and take responsibility for our actions. * Respect - We listen, and respect people, the environment, and the communities in which we live and work. * Transparency - Transparency builds trust. We promote open communication with our people, our customers, and all our stakeholders. * Diversity - We value diversity of people and thought. It takes people with different strengths, ideas, and cultural backgrounds to make our company succeed. NextDecadeprovides equal employment opportunities (EEO) to all applicants without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. NextDecadecomplies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.