Senior Manager, Accounting - Residential, C&I & Distributed Energy Portfolio

SunStrong Management, LLC • Houston, TX

13d

About The Position

SunStrong Management is an independent asset management and servicing platform specializing in residential and commercial solar energy portfolios. It provides operations and maintenance, customer billing and support, asset performance management, and investor reporting, partnering with capital providers to manage clean energy assets and support distributed renewable energy.

The Senior Manager, Accounting owns day-to-day accounting for a residential, commercial and industrial (C&I), and distributed energy solar and storage portfolio. This is a hands-on portfolio-level role with direct ownership of transactions, reconciliations, technical accounting positions, and portfolio financial reporting, including final internal authority over those positions. The role feeds a separate function responsible for consolidated and SEC-level reporting.

The position also leads and develops accounting staff, coordinates with internal teams and external parties, and establishes US GAAP processes for new or evolving deal structures. It requires deep renewable-energy tax equity and HLBV expertise, strong financial reporting and close experience, and the ability to independently analyze agreements, develop accounting conclusions, and communicate them to senior leadership and auditors.

Requirements

• Bachelor's degree in accounting.
• Active CPA credential in good standing.
• At least 8 years of financial accounting or auditing experience, including at least 3 years operating at manager level or above; Big 4 experience is preferred.
• Direct financial reporting experience, including preparation and/or review of financial statements.
• General ledger ownership and hands-on month-, quarter-, and year-end close experience.
• Deep working knowledge of renewable energy tax equity accounting and HLBV, including partnership flips, ITC allocation, HLBV-driven non-controlling interest, and fund-level waterfalls.
• Experience interpreting LLC agreements and tax equity partnership documents, including allocation and distribution waterfalls, preferred returns, flip and buyout provisions, and capital account mechanics, and translating terms into accounting positions.
• Hands-on experience building, maintaining, and reviewing HLBV models, including tiered liquidation waterfalls, ITC basis reduction, tax-to-book differences, and period-over-period changes in members' claims on book net assets; ability to explain results and variances to auditors and senior leadership.
• Working knowledge of renewable-energy tax equity structures, including partnership flips, inverted leases, sale-leasebacks, and tax credit transferability, and related ASC guidance including ASC 810, ASC 323, and ASC 740, as well as non-controlling interest classification.
• Experience with asset-backed securitization accounting under ASC 860, including sale-versus-secured-borrowing analysis, ABS debt, and covenant calculations; general corporate credit-facility experience is not considered equivalent.
• Portfolio- or entity-level accounting experience with full ownership and sign-off authority, including direct ownership of transactions and positions rather than solely reviewing or consolidating others' work.
• People-management experience, including hiring, performance management, and developing accounting staff.
• Strong judgment and ability to work independently with minimal oversight across multiple deal structures.
• High ethical standards, reflected in words and actions.
• Ability to independently define and set accounting processes and policy for new portfolios or deal types.
• Strong accounting research skills, including research of ASC literature and preparation of audit-ready technical memos and well-supported preliminary conclusions in partnership with Technical Accounting.
• Comfort presenting technical accounting positions and portfolio financial results directly to senior leadership and external auditors.

Nice To Haves

• Big 4 experience.
• Direct, hands-on HLBV accounting experience in renewable energy tax equity, including serving as final technical authority on related positions.
• Experience interpreting complex, negotiated LLC agreements for new tax equity or fund transactions and drafting the accounting memo and HLBV model design before close in partnership with Legal, Tax, and Technical Accounting.
• Experience with tax equity unwinds, buyouts, and restructurings, including post-flip HLBV treatment, remeasurement, and changes in ownership interest, as well as ITC transferability and tax credit monetization structures.
• Proficiency in Excel-based financial modeling for HLBV, waterfall, and partnership allocation analysis, and familiarity with third-party tax equity investor reporting and model-review processes.
• Experience in residential solar, C&I solar, distributed energy, battery storage, or other renewable asset portfolios.
• Experience with ASC 842 lessor accounting for residential and C&I lease and PPA portfolios.
• Experience with Microsoft Dynamics, Xero, Ramp, NetSuite, or BluePoint.
• Consolidation preparation experience.
• Interest in leveraging AI for accounting workflows.
• A verifiable reference from one engagement or role lasting at least 6 months, reflecting sustained ownership rather than short-term project work.

Responsibilities

• Own portfolio accounting and the general ledger, including recording transactions, reconciling accounts, reviewing journal entries with full sign-off authority, and managing month-, quarter-, and year-end close.
• Prepare and/or review portfolio-level financial statements and reporting for accuracy and compliance before consolidated and SEC-level reporting.
• Apply and maintain tax equity and partnership accounting, including partnership flips, inverted leases, pass-through structures, ITC allocation and basis adjustments, fund waterfalls, and cash-sweep mechanics.
• Own the HLBV methodology, including building, maintaining, and reviewing quarterly models and determining income or loss allocations to tax equity investors and the sponsor, including non-controlling interest.
• Analyze LLC agreements, partnership agreements, and other tax equity documents, translating their economic terms into HLBV model logic and accounting conclusions.
• Evaluate and account for tax equity transactions from inception through unwind, including consolidation and VIE assessments, buyouts, and amendments; maintain model controls and audit-ready documentation.
• Account for asset-backed securitization debt under ASC 860, including sale-versus-secured-borrowing analysis and covenant calculations, and apply lease and revenue accounting under ASC 842 and ASC 606 to residential, C&I, and distributed energy arrangements.
• Establish and document US GAAP accounting processes for new or evolving deal structures, prepare audit-ready technical memos, and partner with Technical Accounting to clear conclusions before external audit.
• Serve as primary liaison with external auditors, asset management, and service providers; coordinate with Treasury, Accounts Payable, Asset Management, Legal, and Tax; and present financial analyses to senior management.
• Hire, manage, mentor, and evaluate accounting staff supporting the portfolio.

Benefits

• PPO and HDHP medical plans, with buy-up options for dental and vision.
• Ancillary coverage including accident, critical illness, and hospital indemnity benefits.
• Employer-sponsored short-term and long-term disability coverage.
• Voluntary life insurance and legal services, with multiple add-ons.
• 401(k) Safe Harbor match of 100% of the first 4% and 50% of the next 2%, with immediate vesting.

What This Job Offers

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