The Sr. Renewables Financial Accountant will oversee project-based financial reporting, collaborating with various teams, and ensuring compliance with accounting standards focussing on leases and revenue recognition.
Sr. Renewables Financial Accountant, Energy Storage
Locations:
FULLY REMOTE (Anywhere in the USA)
This an opportunity to join an industry leading renewable energy venture and IPP with strong private equity backing that is focused on the development/execution of dynamic utility-scale energy storage projects. They are at the forefront of the industry, have accumulated over 9GW of projects in a relatively short period of time, and are currently in an accelerated expansion phase.
The Sr. Renewables Financial Accountant (Corporate and Projects) will work with the Accounting Leadership Team driving project-based accounting initiatives across the organization. It will have key interactions with the Project Finance, FP&A Manager, and general Accounting Team. The scope of work will involve a holistic approach to GAAP financial statements, financial audits, and business critical project based accounting (Service Contracts, EPC, Construction, and Lease Accounting) in support of a growing nationwide utility-scale renewables portfolio. Experience with Lease Accounting (ASC842) and reviewing project contracts for monthly reports detailing revenue recognition (ASC606) is REQUIRED.
They are committed to creating more renewable infrastructure solutions for the grid and are offering comprehensive compensation packages to their employees leading the drive to meet company goals. Other perks included a competitive base salary, open PTO policy, flex work hours, health benefits, the opportunity to work with a transparent Executive Leadership Team..and more.
RESPONSIBILITIES:
- Sr Renewables Financial Accountant - Takes ownership of project based financial reporting (monthly, quarterly, & yearly) and journal entries (balance sheet and income statements) involving multi-entity structures .
- Sr Renewables Financial Accountant - Works at the commercial level with EPC Project Managers to asses and track project cost as well as measure performance towards critical renewable project development milestones. This includes reviewing and confirming EPC project expenses to ensure no interruptions to operational workflows.
- Sr Renewables Financial Accountant - Leads capitalization implementation accounting initiatives in coordination with the Project Development and EPC Teams that account for project leases, contracts, debts, expenses, accruals, and account reconciliations, deposits, contracts.
- Sr Renewables Financial Accountant - Plays a key role in project contract accounting requirements and compliance through the development project based financial reporting packages. This includes the development of loan draw request packages and distributions on a monthly basis, debt service coverage reports (DSCR), cost variance analysis, and cash flow forecast.
- Sr Renewables Financial Accountant - Leads revenue recognition assessments based on Lease Accounting ASC842 and Revenue Recognition ASC606 requirements.
QUALIFICATIONS:
- 5+ Years of corporate finance and accounting experience dealing with GAAP principles
- MUST have experience with Project Based Accounting - Project Development, EPC, Construction, Service Contracts, Leases
- CPA (Certified Public Accountant) or CMA (Certified Management Accountant) HIGHLY PREFERRED
- Expertise in Quickbooks or similar financial accounting software programs is required
- Accounting expertise in MS Excel including macro / VBA writing capabilities, data queries, and pivot tables
- MUST be well versed in dealing with financial statements, financial reports, and financial reviews (account reconciliations, accruals, deposits, contracts, capitalization, and leases)
- Solid understanding financial debt agreements, debt agreement requirement, and debt service coverage ratios (DSCR)
- Excellent communication skills and ability to presents complex financial accounting concepts in an understandable format to key internal and external stakeholders
- Experience supporting financial reporting and accounting initiatives for EPC or Construction operations
- Experience with renewables solar, wind, battery storage, or energy storage projects is NOT required but HIGHLY DESIRABLE
- An understanding of national energy power market tariffs (WECC, PJM, ERCOT, SPP, MISO, NYISO, ISO-NE, and CAISO) and incentives is beneficial but NOT required
Similar Jobs
Professional Services • Consulting • Energy • Renewable Energy
The Sr. Renewables Financial Accountant will oversee project-based financial reporting, manage accounting initiatives, and ensure compliance with leasing and revenue recognition standards while collaborating with project managers.
Top Skills:
Asc606Asc842GaapExcelQuickbooks
Artificial Intelligence • Cloud • Sales • Security • Software • Cybersecurity • Data Privacy
The Principal Customer Success Manager fosters relationships with key clients, drives product adoption, and mentors team members to enhance customer engagement and satisfaction.
Top Skills:
GainsightSalesforce
Artificial Intelligence • Cloud • Sales • Security • Software • Cybersecurity • Data Privacy
Interns will collaborate to develop automation solutions for access governance, implement software procedures, and support the Security team.
Top Skills:
JavaScriptPython
What you need to know about the NYC Tech Scene
As the undisputed financial capital of the world, New York City is an epicenter of startup funding activity. The city has a thriving fintech scene and is a major player in verticals ranging from AI to biotech, cybersecurity and digital media. It also has universities like NYU, Columbia and Cornell Tech attracting students and researchers from across the globe, providing the ecosystem with a constant influx of world-class talent. And its East Coast location and three international airports make it a perfect spot for European companies establishing a foothold in the United States.
Key Facts About NYC Tech
- Number of Tech Workers: 549,200; 6% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Capgemini, Bloomberg, IBM, Spotify
- Key Industries: Artificial intelligence, Fintech
- Funding Landscape: $25.5 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Greycroft, Thrive Capital, Union Square Ventures, FirstMark Capital, Tiger Global Management, Tribeca Venture Partners, Insight Partners, Two Sigma Ventures
- Research Centers and Universities: Columbia University, New York University, Fordham University, CUNY, AI Now Institute, Flatiron Institute, C.N. Yang Institute for Theoretical Physics, NASA Space Radiation Laboratory
