Key Facts

Remote From:

Full time

Senior (5-10 years)

Hard Skills

Project Accounting Revenue Recognition Lease Accounting Accounting Software Corporate Financial Reporting Financial Statements Thermal Energy Storage Renewable Energy

Other Skills

•
Microsoft Excel
•
Communication

Roles & Responsibilities

5+ Years of corporate finance and accounting experience
Experience with Project Based Accounting
CPA or CMA highly preferred
Expertise in Quickbooks or similar software
Accounting skills in MS Excel

Requirements:

Ownership of project based financial reporting
Assess and track project costs
Coordinate capitalization implementation accounting
Develop project based financial reporting packages
Lead revenue recognition assessments

ThinkBAC Consulting

About ThinkBAC Consulting

ThinkBAC Consulting is a Headhunting & Recruitment Firm. We offer value added cost efficient recruitment solutions and supplemental resources to organizations as well as individuals across multiple sectors in the global economy! Whether you are an employer in search of a link to the best available candidate (BAC) for your role or a candidate looking for a link to the best available company (BAC) to progress your career; we make it a priority to service your needs with the least hassle possible by upholding our E4 Values! Our current divisions include: TBC Power & Renewables, TBC Oil & Gas, TBC Engineering & Construction, TBC Healthcare, and TBC Technology & Innovation.

Company type: Startup

Founded: 2018

Company size: 2 - 10

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Job description

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. Financial Project Accountant 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 / Project 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 / Project 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 / Project 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 / Project 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 / Project 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