Project Accountant

Apex clean energy - Charlottesville
new offer (30/06/2024)

job description

Job Description
Apex Clean Energy is seeking a Project Accountant to support all aspects of project cost accounting and financial reporting for Apex’s utility-scale renewable energy projects. This role will focus on accounting for projects in the operations phase, monitoring the costs as they accumulate for the various projects, preparing financial statements for project entities, assisting other departments to help review spends associated with project entities, and assisting with corporate level activities and internal controls.
This position is central to our projects and critical to tackling challenging and complex accounting and business tasks, providing fiscally responsible accounting practices for each of our project entities. Reporting to our Operations Controller and Asset Management Accounting Manager, this role will be joining an innovative and nimble accounting team and be immersed in the full life cycle process of utility-scale wind and solar projects. Working to manage project level financial statements within the operations process, you’ll act as the accounting connection between internal teams and stakeholders.
Our ideal candidate is coachable and ready to learn the ins and outs of fiscally responsible project accounting processes and methods, project financials, financial statements, and financial reports. Our ideal candidate is also excited about the potential of operating independently upon demonstrating measurable results and the ability to enhance the work. This is an exciting opportunity to elevate Apex’s brand as a leader within the industry, amplify project efforts, and help advance projects from early days to realization.
The right candidate will be a hands-on, hard-working team player who can jump in and support projects from a variety of angles. The Project Accountant position requires equally excellent communication and technical skills as well as the ability to work well under pressure, multitask, and be flexible about shifting priorities. A passion for renewable energy is a must.
Hours:
Full Time
Type:
Exempt
Department:
Accounting
Travel:
5%
Office Location:
Headquarters in Charlottesville, VA
Primary Responsibilities:
Support the Asset Management Accounting team with multiple wind, solar or storage projects.
Prepare monthly accounting closing entries (full cycle accounting close) on allocated projects.
Reconcile GL accounts on a monthly basis as part of the monthly close process.
Read and understand contracts relevant to allocated projects to ensure proper accounting in accordance with GAAP (debt, financial instruments, revenue, etc.).
Perform monthly P&
L budget to actual analysis.
Manage project cash accounts, including but not limited to bank reconciliations, updating cash forecasts, and calculating required distributions as applicable.
Analyze actual operating expenses in comparison to cash forecasts and budget.
Review invoices for proper GL coding and accuracy.
Review accounts payable in correlation with cash management to determine invoices to pay during weekly wire/check runs.
Prepare project level financial statements, including consolidated financial statements on a monthly, quarterly, and annual basis.
Prepare annual financial statements (unconsolidated and consolidated) with required financial statement note disclosures (as required to be audited).
Prepare annual operating budgets in close coordination with the Asset Managers.
Provide supporting documentation to external auditors.
Prepare required deliverables on a timely basis in accordance with all applicable contracts.
Assist Asset Management Operations Controller and Accounting Manager with reconciling annual tax returns of allocated projects.
Support systems implementations and data integrity.

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Project Accountant

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