Deriva Energy-posted 3 days ago
Full-time • Mid Level
Onsite • Charlotte, NC
501-1,000 employees

Overview Deriva Energy is a leading Independent Power Producer in the US renewables market, with over 6.5GW of operating or under construction wind, solar and storage projects across the country. Formerly the division of Duke Energy, Deriva is now backed by Brookfield Renewable and is poised for dynamic growth across its wind, solar, and storage portfolios. Join a dynamic team committed to excellence and innovation who envision a future of energy independence using resilient, carbon-free generation. We offer competitive compensation, comprehensive benefits, and the opportunity to make a significant impact on the rapidly evolving renewable energy industry. Deriva empowers customers with innovative clean energy solutions that strengthen communities and serve future generations. Position Summary Prepare and validate revenue journal entries and invoices for Deriva Energy’s wind and solar portfolio for month-end and quarter-end close, analyze data, interpret contract, and communicate with internal and external stakeholders. Additional responsibilities include audit support, account reconciliations, subledger-to-GL mapping, batch processing, clear A/R aging reports, and ad-hoc analysis to support management decisions. Requires strong knowledge of GAAP revenue accounting standards and controls, with exceptional accuracy and attention to detail.

  • Prepare and validate revenue journal entries and invoices for wind and solar portfolio
  • Perform month-end and quarter-end close activities related to revenue accounting
  • Analyze revenue and settlement data for accuracy and trends
  • Interpret complex contract terms to ensure proper revenue recognition
  • Collaborate with site personnel, corporate teams, auditors, vendors, and consultants to resolve discrepancies
  • Support internal and external audits with required documentation
  • Perform account reconciliations and ensure accuracy of financial records
  • Clear A/R aging reports
  • Reconcile cash receipts related to revenue settlements (AR, unbilled revenue, collateral, derivatives)
  • Conduct ad-hoc financial analysis to support management decisions
  • Maintain compliance with GAAP revenue accounting standards and internal controls
  • Support implementation of new ETRM system
  • Bachelor’s degree with major in Accounting/Finance or related discipline
  • Three (3) years or more of increasingly diverse or complex experience in related field in addition to degree
  • Five (5) years or more of increasingly diverse or complex experience in related field
  • Certified Public Accountant
  • Possesses and applies fundamental accounting and finance concepts, practices, and procedures
  • Excellent written and oral communication skills
  • Working knowledge on leveraging Power Query and experience using PowerBI
  • Advanced visualization app experience or database management.
  • Working knowledge of FERC revenue filings
  • Experience with power settlements and invoicing with the various ISOs (ERCOT, PJM, MISO, SPP, CAISO)
  • Experience with complex power purchase agreements, VPPAs (Virtual Power Purchase Agreement), and CFD (Contract for Differences)
  • Proficiency in Microsoft Excel
  • Working knowledge of CommoditesXL, PowerOptix, Aveva PI system, and various Financial and Accounting software (i.e., IFS, NetSuite, Onestream, etc.)
  • Working knowledge of GAAP
  • Working knowledge of intercompany transactions and intercompany entries
  • Strong attention to detail
  • Demonstrated ability to work independently and meet stated deadlines
  • Demonstrated ability to work in a team environment and foster good relationships with teammates and business partners
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) with Matching
  • Health Savings Account
  • Flexible Spending Account
  • Employee Assistance Program
  • Life Insurance
  • Paid Time Off
  • Parental Leave
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