Manager, Accounting at Palmetto
Location
This position will be based in Charlotte, NC.
Reporting
This position will report to the VP, Corporate Controller.
Strategic & Tactical
Oversee the preparation and analysis of monthly, quarterly, and annual financials, ensuring accuracy, timeliness, and compliance with GAAP and industry-specific standards.
Lead month-end and year-end close processes, identifying and implementing improvements to enhance efficiency.
Ensure proper accounting treatment for complex transactions, including Power Purchase Agreements (PPAs), Solar Renewable Energy Certificates (SRECs), and other renewable energy-related agreements.
Partner with the finance and operational teams to maintain robust policies for revenue recognition (ASC 606) and accounting for tax equity investments.
Supervise, coordinate, and mentor a team of BPO accounting resources based in India, providing clear direction, quality oversight, and fostering professional development across a remote team structure.
Establish clear goals and expectations while ensuring team alignment with broader company objectives.
Identify and implement automation opportunities to streamline accounting workflows and financial reporting.
Assist in adopting and integrating new accounting standards, systems, and tools.
Manage external audits by preparing and reviewing documentation and ensuring adherence to key controls.
Document and maintain policies, procedures, and technical accounting matters to support compliance and operational excellence.
Support M&A activities and other corporate initiatives, including due diligence and integration efforts.
Serve as a key liaison between the accounting department and other teams, such as finance and operations.
Serve as the primary subject matter expert for joint venture accounting, managing the full lifecycle including partnership structures, equity method and consolidation accounting, intercompany eliminations, and reconciliations across all JV entities.
Ensure proper allocation of expenses and revenues across JVs and related entities.
Monitor JV agreements to ensure compliance with operational and financial covenants.
Lead ad hoc projects such as new accounting standard implementations, policy updates, and operational improvements.
Manage cash activities across multiple accounts and platforms, including bank and wire reconciliations, ensuring accurate and timely transaction recording in accordance with internal controls and company policies.
Partner with the data team to evaluate performance guarantee obligations (PEGUs), assessing system performance across the solar portfolio and determining customer credit liability exposure where applicable.
Qualifications
Bachelor’s degree with accounting major (or Master’s degree in Accounting)
Certified Public Accountant license or equivalent required
6+ years of progressive accounting experience
At least one year of renewable industry experience preferred; prior joint venture accounting experience strongly preferred
An energetic, proactive individual capable of succeeding in a fast-paced environment; demonstrated ability to manage remote and offshore BPO teams effectively, and comfort working with senior management
Strong planning and organizational skills
Proficient Microsoft Office knowledge and skills
Knowledge of basic accounting principles
High degree of attention to detail and analytic abilities
Ability to work independently and prioritize tasks
Our tech stack includes NetSuite, FloQast, Workiva, and GSuite