Accounting Associate, Finance Operations

Copenhagen Infrastructure PartnersChicago, IL
Hybrid

About The Position

CIP Fund Solutions is seeking an Accounting Associate, Finance Operations to join their office in Chicago, United States of America. This role is within the CIP FS Americas organization, which supports a portfolio of operational and developing renewable energy projects. The position reports to the Senior Manager, Finance Operations and will collaborate with the Senior Associate and Manager within the Finance Operations team. The Accounting Associate will play a key role in supporting the accounting, financial reporting, and close processes for a portfolio of renewable energy investments across the U.S. and Canada. Responsibilities include reviewing financial statements, supporting audits, improving internal controls, and implementing process improvements.

Requirements

  • 1-3 years of relevant full-time experience in accounting, audit, fund accounting, financial reporting, or finance operations.
  • Experience in improving, automating, or streamlining key processes and workflows.
  • Solid understanding of accounting principles, financial statements, and financial reporting processes.
  • Experience reviewing journal entries, account reconciliations, accruals, and close-related activities.
  • Familiarity with U.S. GAAP and financial reporting concepts.
  • Ability to work on their own and as part of a team.
  • Self-motivated with a structured, methodical, and disciplined approach to work, keen attention to detail, and the ability to prioritize effectively while managing changing priorities.
  • Results-driven with a high execution orientation and the ability to manage multiple workstreams, address issues pragmatically, and follow tasks through to completion.

Nice To Haves

  • Bachelor or Master's degree in Accounting strongly preferred. Candidates with a Finance degree and substantial accounting coursework will also be considered.
  • Experience working with external auditors, accounting service providers, or fund administrators is considered a strong advantage.
  • Experience in accounting, audit, fund accounting, financial reporting, renewable energy, infrastructure, private equity, or asset management is preferred.
  • Combines a well-developed accounting background with initiative and an interest in renewable energy infrastructure investing.
  • Individuals coming from public accounting, audit, fund accounting, financial reporting, or accounting-focused finance operations positions who are looking to broaden their exposure within a global investment organization.

Responsibilities

  • Review monthly, quarterly, and annual financial statements, trial balances, account reconciliations, and supporting schedules prepared by external accounting service providers, ensuring accuracy and compliance with U.S. GAAP.
  • Support month-end, quarter-end, and year-end close processes by reviewing accounting entries, accruals, reconciliations, and financial reporting deliverables.
  • Partner with external auditors during annual audits and help ensure timely resolution of audit requests and findings.
  • Support the implementation, monitoring, and enhancement of internal controls across accounting and financial reporting processes.
  • Identify and implement process improvements and automation opportunities to enhance efficiency, accuracy, and scalability of accounting operations.
  • Review and identify accounting implications and contractual reporting requirements, where relevant, for legal agreements including purchase and sale agreements, limited liability company agreements, and statements of work from service providers, with support from the Manager and Senior Manager.
  • Collaborate cross-functionally with internal stakeholders in both the U.S. and Denmark, including the Investment Team, Tax, Transactions, Asset Management, and other Finance teams.
  • Support governance and internal controls related to the procure-to-pay process.

Benefits

  • Hybrid schedule (3-4 days per week in the office required)
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