Accounting and Financial Reporting Manager, Recurrent Energy
Project development platform for solar & energy storage
Open for applications
Project development platform for solar & energy storage
201-500 employees
Open for applications
201-500 employees
Company mission
To deliver clean, reliable and affordable power to the world, today and tomorrow.
Role
Who you are
- Bachelor’s Degree or Master’s in Accounting
- Minimum of 5 years of relevant work experience
- Big 4 public accounting experience a plus
- CPA or CPA candidate preferred
- Experience in construction or solar project development industries preferred
- Strong U.S. GAAP knowledge required
- Knowledge of Revenue Recognition (ASC 606), Asset Impairment (ASC 360), Lease Accounting (ASC 842) and Capitalizations
- Proficient in preparation of financial statements (balance sheet, income statement, cash flow, equity statement, footnotes, etc.)
- Working knowledge of large ERP systems (SAP experience a plus)
- Advanced Excel skills
- Travel required 0 – 15%
What the job involves
- The selected candidate will be a member of Recurrent Energy’s US Corporate Finance team reporting to the Financial Controller
- This role will be responsible for overseeing the accounting of US holding entities and partnerships, US financial statements and consolidated reports, coordinating requests from external auditors and supporting the Controller and the rest of the team with ad-hoc requests and projects in liaison with the Consolidation and Technical Accounting teams
- This position will oversee one direct report
- Proactively works with various teams in the organization including Project Finance, FP&A, Treasury, Technical Accounting, Consolidation, Tax, HR, Legal
- Involved in multiple aspects of corporate accounting and reporting
- Significant exposure to external auditors
- Manage, support, and develop one direct report (Senior Accountant)
- Oversee the accounting of US holding entities. Manage month-end close, review and approve journal entries, account reconciliations and upload into the consolidation system
- Oversee the accounting activities related to projects in which the company retains partial ownership
- Prepare quarterly project and corporate level financial statements, supporting schedules and notes. Prepare ad-hoc financial statements when necessary
- Assist the Financial Controller with the preparation of accounting memos and reviewing agreements to identify accounting requirements
- Focal point for external auditors. Coordinate, track, and assist the team with audit requests, follow up and remediation
- Review the month-end reporting package for accuracy and consistency before submission
- Respond to queries and requests from Project Finance, FP&A, Tax, Treasury, HR, Technical Accounting and Consolidation
- Support system enhancement, process improvement and documentation projects
Our take
Solar energy is a rapidly growing industry, and its use is expected to continue to increase in the coming years. Recurrent Energy is a leader in the solar energy space, delivering a platform for the development, ownership and operations of utility-scale solar and energy storage projects.
Recurrent Energy's offering covers the entire lifetime of a solar project, from development and originating to operations, maintenance and management. Founded in 2006, the company is now a subsidiary of Canadian Solar, which is one of the top 5 solar panel manufacturers in the world.
Recurrent Energy has also shown impressive growth, having completed projects encompassing 9 GWp of solar energy and 3 GWh of battery storage. A recent win for the company was a huge round of funding which will allow it to further its ownership options and expand further into the US and Europe.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Funding (last 2 of 3 rounds)
Jan 2024
$478.8m
CONVERTIBLE
Jul 2008
$75m
SERIES B
Total funding: $563.8m
Company HQ
Congress Avenue Historic District, Austin, TX
Articles
Leadership
Ismael Guerrero
(CEO, not founder)Also the Corporate Vice President/President of the Energy Group of Canadian Solar Inc. and Founder/Managing Director of VIGA.
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