Director of Accounting

TransGrid Energy • Irvine, CA

2d • $170,000 - $220,000

About The Position

The Accounting Director leads the accounting function at TransGrid Energy, reporting directly to the Treasurer to ensure the financial integrity of a utility-scale renewable energy portfolio. This role is responsible for the technical management of Tax Equity Partnerships, HLBV calculations, and ITC/PTC recognition as the company scales its operational assets. Requiring a CPA and Big 4 experience, the successful candidate will drive US GAAP/IFRS compliance and establish the financial framework necessary to support this Hanwha Group affiliate’s growth in the U.S. market.

Requirements

• Bachelor’s degree in accounting, finance, or a related field
• CPA required
• Big 4 experience strongly preferred.
• 10+ years of proven experience.
• Expert knowledge of both US GAAP and IFRS.
• Exceptional analytical skills and experience leading cross-functional financial initiatives.
• Authorization to work in the US prior to joining TransGrid Energy LLC.

Nice To Haves

• Executive presence with the ability to build strong relationships with executive team members.
• Experience in renewable energy is preferred.
• Experience in organizational design and establishing new finance departments.
• Bilingual (English & Korean)

Responsibilities

• Lead preparation and review of financial statements in compliance with GAAP.
• Supervise and participate in the preparation of various financial statements and reports, ensuring the integrity and quality of financial reporting in accordance with GAAP.
• Oversee month-end close functions, including the maintenance of general ledgers, accounts receivable, revenue, depreciation, cost, property, and borrowings.
• Oversee the accounting for renewable energy tax credits (ITCs/PTCs), ensuring precise tracking, recognition, and reporting of tax benefits provided to investors.
• Manage the full-cycle accounting operations for all Tax Equity Partnership and related entities, ensuring strict adherence to US GAAP and specific Partnership Agreements (LLCAs).
• Manage the partnership funding process, including coordinating capital calls, calculating distributions, and ensuring compliance with the Flip date conditions.
• Perform and oversee complex HLBV calculations to accurately allocate net income/loss and track equity balances between partners.

What This Job Offers

• Job Type: Full-time
• Career Level: Director