Accounting Manager

NAES•West Haverstraw, NY

3h•$118,000 - $165,000•Onsite

About The Position

Situated on the west bank of the Hudson River in West Haverstraw, NY, the Bowline Point Generating Station comprises two dual-fuel natural gas and oil-fired boilers, along with two GE steam turbine units, providing a combined capacity of 1169 megawatts. The plant has been a significant source of electricity for the region and has undergone upgrades to meet environmental regulations, ensuring its continued role in maintaining grid stability. Opportunity Summary The Plant Accounting Manager at the Bowline Point Generating Station oversees plant-level accounting processes and staff to ensure timely, GAAP-compliant financial reporting. Key responsibilities include accounting for power generation operations, month-end journal entries, account reconciliations, regulatory compliance, risk management, cost analysis, and supporting financial planning to optimize performance and guide strategic decisions. Your scope of responsibility as Plant Accounting Manager includes the following primary functions: Accounting Management Manage accounting processes and staff at plant levels, ensuring consistent work product and timely delivery of financial information consistent with GAAP. Supervise general ledger activities, including journal entries and reconciliations, to ensure accurate financial reporting. Assist with internal and external audit requests. Financial Reporting Perform and review accounting for power generation operations, including monthly, quarterly, and year-end close activities. Record month-end journal entries for prepaids, accruals, and other plant-related items, and perform account reconciliations to ensure accuracy; investigate unusual balances promptly and communicate findings to management. Summarize and communicate financial statement variances in a clear and concise manner. Prepare financial reports for stakeholders, including management and regulatory agencies, to communicate performance and compliance. Budgeting and Forecasting Participate in the annual budget process and conduct related variance analysis, including cash management and weekly cash forecasting. Contribute to the development of financial plans and forecasts, analyzing data to inform strategic decision-making. Compliance and Risk Management Maintain adherence to all relevant accounting standards and internal policies. Monitor compliance with power generation regulations, including emissions reporting and environmental standards, to uphold legal obligations. Identify financial risks related to fuel market fluctuations and implement mitigation strategies, such as hedging. Process Improvement Assist with the management of the existing enterprise resource planning (ERP) systems of the Company, including optimizing functionality and automating reports. Continuously enhance accounting processes and leverage technology to improve efficiency and effectiveness. Provide training opportunities for accounting staff to strengthen their understanding of power generation accounting. Contract and Capital Management Evaluate and monitor capital expenditures for the power plant, ensuring budget adherence and proper accounting. Review power purchase and maintenance contracts for accurate accounting treatment and compliance with obligations. Stakeholder Relationship Management Build strong relationships with internal and external stakeholders, fostering collaboration and alignment with goals. Conduct financial analyses as needed to support management in decision-making and strategic initiatives. NAES Safe Safety is a core value at NAES, and as a condition of employment, all employees are expected to always remain mentally alert and work safely. All NAES managers and supervisors have a direct and important role in ensuring that all work is performed in a healthy and safe manner. Effectiveness in carrying out this responsibility is part of the evaluation of each Supervisor’s performance. Working Relationships The Plant Accounting Manager reports to the Plant Manager and oversees plant-level accounting, coordinating with plant personnel and collaborating with NAES and asset owner corporate teams. The role interfaces with auditors, regulators, financial institutions, and vendors to support compliance and financial management. Working Conditions Work is primarily performed in an office environment. However, as the facility is a power plant, there may be occasions that require standing for extended periods of time, climbing stairs and ladders, and wearing protective equipment (such as hard hats, safety glasses, and hearing protection). On-site conditions may also necessitate work outdoors in varied weather, including both hot and cold temperatures. Please note that smoking restrictions apply in and around the facility. Fitness for Duty All employees will participate in the Fitness for Duty Program. This program includes a post-offer/pre-employment drug screening and audiogram, as well as a post-employment random drug screening. Work Schedule The Plant Accounting Manager works a standard Monday to Friday day shift schedule, ensuring consistent plant operation and support during regular business hours. This position will also occasionally necessitate extended working hours and flexible shifts as needed, including weekends and holidays, in response to schedules, workload demands, and plant conditions. Periodic callouts or “On call” status could be required. Compensation This position offers an annual base salary ranging from $118,000 to $165,000 and includes eligibility for an annual performance bonus. Professional Expertise & Qualifications We are looking for an accounting professional with strong GAAP knowledge, experience in financial reporting, budgeting, and forecasting, and the ability to support strategic decision-making.

Requirements

Strong GAAP knowledge, experience in financial reporting, budgeting, and forecasting, and the ability to support strategic decision-making.
Bachelor’s degree in Accounting or Finance required, including coursework in financial accounting, managerial accounting, taxation, and auditing.
Proven experience in managing accounting processes and staff, with a strong understanding of GAAP principles and financial reporting standards.
Demonstrated ability to prepare and analyze financial statements and reports, ensuring accuracy and compliance with regulatory requirements.
Experience in developing, managing, and analyzing budgets and forecasts, with a solid understanding of variance analysis.
Knowledge of regulatory requirements specific to the power generation industry and experience in implementing compliance measures.
Familiarity with internal and external audit processes, with the ability to prepare documentation and respond to audit inquiries effectively.
Strong background in process improvement initiatives, including experience with ERP systems and technology-driven solutions.
Experience in evaluating and monitoring capital expenditures and reviewing contracts for compliance and accounting treatment.
Excellent interpersonal skills with experience in building relationships and collaborating with diverse stakeholders, including management, auditors, and regulatory agencies.
Must possess a valid, unrestricted U.S. driver’s license and ensure it always remains in good standing.

Nice To Haves

MBA or CPA preferred.
Relevant certifications such as Certified Management Accountant (CMA) are advantageous.
Practical experience or internships in accounting or finance during academic studies are considered a plus.

Responsibilities

Manage accounting processes and staff at plant levels, ensuring consistent work product and timely delivery of financial information consistent with GAAP.
Supervise general ledger activities, including journal entries and reconciliations, to ensure accurate financial reporting.
Assist with internal and external audit requests.
Perform and review accounting for power generation operations, including monthly, quarterly, and year-end close activities.
Record month-end journal entries for prepaids, accruals, and other plant-related items, and perform account reconciliations to ensure accuracy; investigate unusual balances promptly and communicate findings to management.
Summarize and communicate financial statement variances in a clear and concise manner.
Prepare financial reports for stakeholders, including management and regulatory agencies, to communicate performance and compliance.
Participate in the annual budget process and conduct related variance analysis, including cash management and weekly cash forecasting.
Contribute to the development of financial plans and forecasts, analyzing data to inform strategic decision-making.
Maintain adherence to all relevant accounting standards and internal policies.
Monitor compliance with power generation regulations, including emissions reporting and environmental standards, to uphold legal obligations.
Identify financial risks related to fuel market fluctuations and implement mitigation strategies, such as hedging.
Assist with the management of the existing enterprise resource planning (ERP) systems of the Company, including optimizing functionality and automating reports.
Continuously enhance accounting processes and leverage technology to improve efficiency and effectiveness.
Provide training opportunities for accounting staff to strengthen their understanding of power generation accounting.
Evaluate and monitor capital expenditures for the power plant, ensuring budget adherence and proper accounting.
Review power purchase and maintenance contracts for accurate accounting treatment and compliance with obligations.
Build strong relationships with internal and external stakeholders, fostering collaboration and alignment with goals.
Conduct financial analyses as needed to support management in decision-making and strategic initiatives.