Accounting Specialist, U.S

A little about Capital Power

Capital Power (TSX: CPX) is powering change by changing power. This north star guides our ambitions, focus, and actions as we transform our energy system to power a net zero future. We're a growth-oriented North American energy transition company headquartered in Edmonton, Alberta. We deliver reliable, affordable and decarbonized electricity solutions that communities can depend on.

Our people are at the core of our journey to get to net zero by 2045 and are transforming the future of power generation as a collaborative team of experts and innovators. We provide purpose-driven work in a safe and inclusive environment, and we live by our values. With us, your contributions matter. We're here to partner with you so you can learn, innovate, and forge a career that's meaningful to you. Join us in powering a clean energy future!

Your Opportunity

One Permanent Full Time Position

Join Capital Power as an Accounting Specialist, U.S. Reporting, and be part of a world-class team responsible for the financial and management reporting of our U.S. assets. This outstanding opportunity allows you to work with a diverse range of renewable and thermal power plants, ensuring accurate and timely financial reporting.

You will play a key role in our ambitious efforts to improve processes, improve efficiency, and maintain the highest standards of accuracy.

You will contribute to our team by:

• Preparing invoices and recording revenues and charges with relevant ISO or PPA off-takers.
• Preparing and entering monthly journal entries for the U.S. thermal and renewable assets.
• Creating monthly balance sheet account reconcilements.
• Preparing monthly tax equity investor reports.
• Assisting with monthly cash distribution analysis for renewable developments.
• Preparing intercompany settlements. 
• Analyzing and reporting monthly, quarterly, and annual results variances with a focus on key drivers and trends.
• Preparing work papers for external auditors.
• Optimizing the process, timelines and flow of information to ensure efficiency and accuracy in reported results.
• Working with plant-located accountants or business managers to ensure accuracy and understanding of monthly results.
• Minimizing risk of error in financial results by ensuring established internal controls are operating effectively, and appropriate checks and balances are in place.
• Understanding plant operating characteristics that drive financial results.
• Maintaining familiarity with the regional power markets where the assets are located.
• Providing input to annual budget/forecast processes.
• Providing input and recommendations on ways to optimize processes, timelines, and flow of information to ensure timely delivery of accurate information while realizing efficiency and best use of resources.
• Maintaining well-defined checks and balances to ensure accurate work product.

What you will bring to the role:

Education

• Completed post-secondary degree in Accounting or Finance. 
• A professional accounting designation or equivalent is an asset.
• A master’s degree is an asset.

Experience:

• 2-5 years of experience in finance with accounting, financial and analytical roles.
• Knowledge/experience with respect to power markets and power generation is an asset. 

Technical & Other Skills:

• Understanding of supplier contracts and operating practices that govern revenue and expense transactions.
• Ability to communicate and work effectively at all levels of the organization. 
• High attention to detail and accuracy.
• Planning and analytical skills.
• Advanced competencies with Microsoft Office, specifically Excel.
• Experience with Oracle is an asset.

Working Conditions

• Hybrid office/work from home position based in our Midland, Michigan location.
• Some overtime required during peak times.

Additional Details:

The pay range for this position is $96,425 to $105,560.  The specific rate will depend on the successful candidate’s qualifications and prior relevant experience.

This position is eligible for health care benefits, retirement benefits, paid time off, and annual bonus.

Clearance of Credit check is required for this position.

To be considered for this role you must be legally eligible to work in United States of America.

The successful candidate for this position will undergo an education verification, reference checks and criminal record check.

Capital Power employees that refer a successful candidate for this position are eligible for a $1000 Referral Reward!

We believe that creating a culture that supports employee physical, mental, financial, and social wellbeing is critical to our success. That is why we provide flexible and affordable employee benefits, retirement savings, and paid time off programs. We also provide comprehensive onboarding, training, and programs supporting your career development.

Depending on the posting requirements relocation assistance may be available.

How To Apply and Next Steps

Capital Power only accepts resumes via online application at www.capitalpower.com/careers. If you choose to submit your resume by any other means, we cannot guarantee that your application will be considered for vacancies.

Applicants with disabilities who require a reasonable accommodation to complete their application can request accessible formats, communication support, or other accessibility assistance by contacting 
careers@capitalpower.com.

Capital Power is committed to providing a fair and transparent hiring process. We recognize and embrace the value of diversity and hire employees with the appropriate skills, experience and knowledge for each position.

Thank you for taking the time to apply and expressing interest in powering a sustainable future with Capital Power! We wish that we could personally respond to everyone who applies; however, it is our practice to contact only those individuals selected for interviews.