Accounting Manager

NAES•Village of West Haverstraw, NY

10d•$118,000 - $165,000•Onsite

About The Position

The Accounting Manager is responsible for all accounting activities at Bowline Power Generating Station. This role provides plant support in accounting, administration, reporting, and record-keeping. The Accounting Manager analyzes key operating and business parameters, provides projected and reported results, and collaborates with the Owner Representative, Plant Manager, and Asset Manager to develop strategies for optimal performance. Additionally, the role leverages business management training, experience, and insights to enhance financial results through guidance and actionable recommendations.

Requirements

Bachelor’s degree in Business, Accounting, or Finance, or a minimum of ten years of relevant professional experience.
At least five years of progressive accounting experience, with preference for eight to ten years in complex accounting environments.
Hands-on experience in accounts payable and general ledger systems, with proficiency in automated accounting platforms and ERP systems; skilled in process improvement initiatives and leveraging technology for efficiency.
Strong proficiency in Microsoft Office applications, with the ability to create, analyze, and present financial reports effectively.
Demonstrated expertise in GAAP, financial reporting, budgeting, and forecasting to support strategic business decisions.
Proven ability to lead and manage accounting staff, oversee accounting processes, and ensure compliance with regulatory standards.
Experience in preparing and analyzing financial statements, performing variance analysis, and maintaining strict confidentiality of sensitive information.
Knowledge of regulatory and compliance requirements in the power generation industry, including internal and external audit processes; experienced in evaluating capital expenditures and reviewing contracts for accounting treatment and compliance.
Excellent communication and interpersonal skills, with the ability to collaborate effectively with management, auditors, and other stakeholders while managing multiple priorities in a dynamic, team-oriented environment.
Must possess a valid, unrestricted U.S. driver’s license and ensure it always remains in good standing.

Responsibilities

Maintain the general ledger and accounting systems, including preparing all necessary journal entries, accruals, inventory entries, and reports to meet closing requirements.
Review and analyze the monthly budget variance report.
Prepare month-end reporting and forecasting.
Prepare monthly reconciliations of balance sheet accounts.
Manage revenue and gas purchase accounting: verify accuracy of settlement statements, record energy sales revenue and gas purchase expenses in the general ledger and perform ISO reconciliations.
Interface with the Asset Manager and external auditors for the annual financial audit; prepare required audit work papers and financial statements.
Reconcile plant bank accounts, including recording, monitoring, and forecasting monthly cash flow activity.
Maintain fixed asset records and depreciation; reconcile the general ledger and supporting details.
Manage inventory control: review physical inventory, computerized maintenance management system, and general ledger reconciliations; audit processes to ensure inventory accounting accuracy.
Provide support for insurance procurement and process insurance and warranty claims.
Perform treasury functions, including reviewing monthly funding requests, preparing cash forecasts, coordinating funding and wire requests between the plant and owners, and preparing required cash compliance schedules.
Monitor collateral posted with counterparties and the ISO.
Ensure compliance with established internal accounting and reporting controls.
Manage all loan agreements, including preparing lender notices and withdrawal certificates, monitoring compliance, and preparing reporting requirements.
Manage the capital project budget.
Prepare required reports for outside investors of the parent company.
Perform special tasks or projects as directed.
Oversee plant business tax reporting, including property, sales, and use tax; file annual personal property tax affidavits.
Coordinate and support tax consultants in preparing annual income tax returns.
Coordinate the preparation of annual operating budgets and quarterly forecasts.
Provide financial data and results to the General Manager, Asset Manager, O&M Manager, and corporate office staff as required.
Manage key facility contracts for power sales and fuel purchases; perform month-end reconciliations, prepare the monthly operating report, and resolve any discrepancies.
Participate in the development and achievement of strategic business plans, goals, and objectives.
Provide support for future development efforts.