Senior Accounting Manager

TransGrid EnergyIrvine, CA

About The Position

The Senior Accounting Manager 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
  • 10+ years of proven experience.
  • Expert knowledge of both US GAAP and IFRS.
  • Exceptional analytical skills and experience leading cross-functional financial initiatives.

Nice To Haves

  • Big 4 experience strongly preferred.
  • 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 financial integration process following the merger of the G&ES business unit into TGE.
  • 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.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service