Senior Accountant, Lease Accounting

Clearway Energy•Princeton, NJ

2d•Hybrid

About The Position

Reporting to the Manager of Lease Accounting, the Senior Accountant manages data, journal entries, reconciliations, and controls for the organization’s lease portfolio, ensuring accuracy, completeness, and compliance with applicable accounting standards and internal policies. The role manages the full lease lifecycle and plays a key part in month-end close, financial reporting, and audits. It partners with Finance, IT, Operations, Development, and Construction to apply ASC 842 consistently, resolve accounting issues, strengthen controls, and guide other team members. The role also advances process improvements using automation, data analytics, and AI-enabled tools to improve reporting efficiency, data integrity, and scalability. Responsibilities include executing monthly, quarterly, and year-end close activities; accounting for leases in SAP S/4HANA; reconciling lease accounts; preparing lease roll-forwards and schedules; supporting technical accounting and SEC reporting; responding to stakeholder requests; and supporting audits and Sarbanes-Oxley compliance. The position may also provide accounting backup and take on special projects as assigned. The position is based near a Clearway office. Office-based employees work from the office Tuesday through Thursday. The role is eligible for an annual cash bonus based on personal and company performance goals. Salary range across U.S. locations is $100,000–$115,000. No employment-authorization sponsorship is available now or in the future.

Requirements

Bachelor’s degree in accounting from an accredited college or university.
At least 4 years of general accounting experience.
Ability to manage multiple concurrent efforts and deliver high-quality work accurately and on time.
Excellent written, verbal, and interpersonal communication skills, including the ability to communicate with colleagues at all levels and external contacts.
Practical understanding and application of internal controls over financial accounting and reporting.
Project participation and organizational skills, with the ability to work in a fast-paced environment with tight deadlines.
Strong analytical and problem-solving skills.
Ability to create and manipulate spreadsheets containing large data sets.
Willingness to learn new skills and information.
Proficiency with Microsoft Office, including financial and analytical computations in Excel.
Knowledge of SAP, OneStream, or another ERP or accounting system.

Nice To Haves

CPA and/or a Master’s degree in Accounting.
SAP S/4HANA experience.
Public accounting experience.
Power and Utility industry experience.
Experience reviewing legal agreements for accounting implications.

Responsibilities

Execute monthly, quarterly, and year-end close processes within specified time frames.
Perform analytical work needed to achieve an accurate and timely general ledger month-end close.
Evaluate lease agreements, identify key lease components, and set up leases in SAP S/4HANA in accordance with ASC 842.
Reconcile lease accounts to the general ledger monthly.
Prepare entity-level and consolidated lease roll-forwards.
Research technical accounting and financial reporting matters, including applicable accounting principles and reporting rules.
Respond to ad hoc requests from organizational stakeholders.
Coordinate with Development and Construction teams to understand project stages and apply appropriate lease accounting treatment.
Support special projects and additional duties as assigned.
Support annual audits by providing data to external auditors and supporting audit selections.
Prepare quarterly and annual lease schedules in accordance with GAAP and SEC disclosure requirements for financial statements, footnotes, and Form 10-Q and 10-K reporting.
Review and follow up on unusual activity.
Comply with Sarbanes-Oxley controls, process flows, documentation, risk assessments, and monthly and quarterly certifications for assigned accounting responsibilities.
Provide backup for lease and other accounting groups, including preparing journal entries and account reconciliations.
Use AI-powered tools and automation platforms to improve financial reporting and analysis efficiency.
Perform work accurately, effectively, and efficiently.

Benefits

Annual cash bonus, subject to personal and company performance goals.
Generous paid time off.
Medical, dental, and vision care.
Health savings accounts with company contributions.
Health and dependent daycare flexible spending accounts.
Commuter benefits.
Relocation benefits.
401(k) plan with employer match.
Life and accident insurance.
Fertility programs.
Adoption assistance.
Parental leave.
Tuition reimbursement.
Benefits for employees in same-sex marriages, civil unions, and domestic partnerships.
Company-provided meals and events for office-based employees.