Chestnut Carbon
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Who We Are:
Chestnut Carbon is a leading developer of nature-based carbon removal solutions, focused on generating high-quality, U.S.-based forest carbon projects that are additional, verifiable, and designed to accelerate the path to net zero. Founded in 2022 with the support of energy-focused alternative asset manager Kimmeridge, Chestnut uses a proprietary, technology-enabled approach to restore and conserve forestland—maximizing ecological value and long-term climate impact.
To date, Chestnut has planted over 17 million trees across 30,000 acres and enrolled more than 175,000 acres of privately owned forestland in its improved forest management program. Our projects deliver measurable environmental benefits, including enhanced air and water quality, biodiversity, and wildlife habitat.
Chestnut has executed landmark carbon removal agreements with Microsoft and the Mercedes-AMG PETRONAS F1 Team. Chestnut recently executed a first-of-its-kind $210 million non-recourse project financing and closed a $250 million Series B round led by Canada Pension Plan Investment Board, with participation from Cloverlay, DBL Partners, and Kimmeridge LPs. Chestnut was named one of TIME Magazine’s Top GreenTech Companies of 2025 and received both the FSC President’s Award and the distinction of being the first U.S. project verified through FSC’s Verified Impact program for Biodiversity Conservation.
At Chestnut, we are pioneering conservation for profit—scaling ecological restoration through market-driven solutions—and driving innovative climate financing to unlock the full potential of nature-based carbon removal.
Chestnut was founded and backed by Kimmeridge, a US-based private equity firm with offices in New York and Denver.
Position Summary:
The Accounting Manager is responsible for leading daily accounting operations including, but not limited to, accounts payable and accounts receivable. Ownership of month end accounting close procedures including preparing and/or reviewing appropriate ledger entries and reconciliations and maintaining the general ledger system. Prepare monthly, quarterly and annual financial statements, assist with regulatory reporting as applicable, manage annual financial audits and related duties.
Maintain the general ledger, preparation of journal entries and financial statements, bank reconciliations, travel and company reimbursement schedules.
Provide regular review and analysis of balance sheet and income statement.
Own daily accounting functions including but not limited to accounts payable, payroll processing, cash management, system maintenance, and financial reporting.
Collaborate with management to deliver relevant and timely reporting of financial data analytics, including capital allocations, key financial metrics, and actual spend against budgets/outlook.
Manage cash forecast, capital calls, distributions, and financial statements in accordance with GAAP.
Respond to ad hoc compliance and other requests from investors, fund administrators, auditors, and other stakeholders.
Identify, design, and implement process improvements to improve the integrity and timeliness of the month-end close process; leverage existing reporting platform capabilities, where possible.
Assist the investment team and investor relations team with financial data for investor presentations and ad hoc reporting.
4+ years of accounting experience. Renewable Energy or carbon credit experience preferred but not required.
Bachelor’s degree with a major in Accounting or Finance; CPA a plus.
Demonstrated technical accounting knowledge and analytical abilities.
Experience with GAAP and solid understanding of accounting principles, practices and regulations.
Month end closing and budgeting/forecasting experience.
High degree of proficiency in Excel and accounting software systems; BOLO experience preferred but not required.
Financial reporting and analysis proficiency required.
Strong interpersonal, organizational, and communication skills.
Ability to work independently and as part of a team.
Excellent written, verbal, and interpersonal skills.
Sitting: Must be able to sit for extended periods of time.
Standing and Walking: Occasionally required to stand and walk.
Manual Dexterity: Frequent use of hands to handle, control, or feel objects, tools, or controls.
Repetitive Movements: Ability to perform repetitive movements, such as typing and using a mouse.
Visual Acuity: Close visual acuity required for viewing a computer screen and reading documents.
Communication: Ability to understand and communicate clearly with others.
Lifting: Occasionally required to lift and carry objects weighing up to 20 pounds.
Bending and Stooping: Occasionally required to bend, stoop, and reach
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