Project Accountant

Cypress Creek Renewables•Durham, NC

16h•Hybrid

About The Position

Cypress Creek Renewables is powering a sustainable future, one project at a time. We develop, finance, own and operate utility-scale and distributed solar and storage projects across the country. Fostering a diverse group of innovative thinkers from all backgrounds, Cypress people are drawn to work in a purpose-driven organization. We hope you will join us. Overview This Project Accountant will handle all the accounting functions for various Fund- and Project-level entities and will assist with accurate and timely quarterly financial statements and monthly financial reports as required by third-party compliance. The hire should be able to perform full cycle accounting functions within their assigned entities. These functions include maintenance of accounts receivable, management of cash payments, lease accounting, debt service, fixed asset accounting, calculation of preferred returns for investors, financial account reconciliations and various other cash and reporting activities. The Project Accountant will work closely with Asset Management and the Accounting Manager to effectively manage the accounting and report on various funds and their projects to investors and management. This role involves applying a broad range of accounting including general ledger, treasury operations, account reconciliations, creation of excel schedules, and performance of complex consolidated financial statements.

Requirements

Bachelor’s degree in Accounting, Finance, or a closely related field
Minimum 3 years of progressive accounting or finance experience
Intermediate to advanced Excel proficiency — SUMIFS, VLOOKUP, pivot tables, and complex formulas
Working knowledge of Microsoft Office suite
Embrace and live by the mission and values of Cypress Creek Renewables

Nice To Haves

Experience with NetSuite is a plus
Familiarity with solar tax-equity structures or fund accounting is a strong plus

Responsibilities

Own and execute the weekly AP run — pulling the AP aging report, coding and selecting bills for payment, inputting into NetSuite, and coordinating with Fund Managers and the Treasury team to ensure a seamless process
Prepare and post complex journal entries across cash, prepaids, accrued expenses, deferred revenue, fixed assets, leases, debt, interest rate swaps, and equity
Reconcile all balance sheet accounts on a monthly basis
Record and reconcile intercompany activity — payables, receivables, investments, and lease payments
Prepare and understand eliminating journal entries and consolidated financial statements
Manage fund flow requests and maintain accurate records of fund activity
Support investor and lender reporting with accurate, timely schedules and analysis
Assist with audit inquiries, prepare supporting documentation, and coordinate directly with external auditors throughout the annual audit process