Technical Accounting Manager (Hybrid)

Longroad Energy • Boston, MA

6d • Hybrid

About The Position

About Longroad Energy Longroad Energy is a Boston, MA headquartered renewable energy developer focused on the development, ownership, and operation/asset management of wind and solar energy projects throughout North America. Founded in 2016, Longroad owns 3.5 GW of wind and solar projects across the United States in addition to operating and managing a total of 5.5 GW of wind and solar projects on behalf of Longroad and third parties. Our vision is to create lasting value for our shareholders, communities, and employees by responsibly developing, owning and operating renewable energy projects. We have assembled a world-class team with a passion for renewable energy innovation and a commitment to developing renewable projects throughout the US. Job Purpose The Manager, Technical Accounting will be an integral member of Longroad’s Technical Accounting and Financial Reporting team and work in conjunction with the Accounting team. The Manager, Technical Accounting, will provide authoritative guidance on complex accounting matters to ensure accurate and compliant, and decision-useful financial reporting for a rapidly evolving solar development and operations business. This role serves as the organization’s subject matter expert on U.S. GAAP, renewable-energy specific accounting, and emerging standards, translating technical requirements into practical applications for project development, construction, financing, and asset ownership structures. This includes the evaluation and documentation of accounting related to PPAs, tax equity partnerships, acquisitions, incentives, and project acquisitions and dispositions as well as other ad hoc transactions. The Manager, Technical Accounting will partner closely with the IFRS Accounting Manager who is responsible for evaluating and documenting similar transactions under IFRS.

Requirements

• 5+ years of relevant experience
• Bachelor’s Degree in Accounting or Finance
• CPA Certification
• Demonstrated experience in technical accounting research
• Demonstrated practical knowledge and understanding of U.S. GAAP
• Experience drafting accounting memos, policies, and footnotes
• Experience with ASC 606, ASC 805, ASC 810, ASC 815, and ASC 842
• Passion for people and the environment
• Collaborative style and a can-do attitude
• Ability to make informed decisions quickly
• Strong interpersonal communication skills
• Ability to work in a fast-paced environment and handle competing priorities
• Strong organization, planning, and time management skills
• Strong personal and professional ethical values and integrity
• Holds self and others accountable to achieving goals and standards
• Applicants must be currently authorized to work in the United States.
• The Company does not sponsor applicants for work visas.

Responsibilities

• Research, provide perspective and conclusions on, and prepare technical memos on complex technical accounting issues including, but not limited to: consolidation (including variable interest entities), commodity contracts (revenue recognition), common control transactions, asset acquisitions, and asset sales
• Provide timely support to accounting team with preparation of journal entries required to recognize aforementioned technical accounting issues
• Serve as a subject-matter expert to cross-functional partners (Development, Legal, FP&A, Project Finance, Treasury) on accounting impacts of business decisions
• Develop, enhance, implement, maintain, and enforce accounting policies and procedures
• Maintain a repository of finalized accounting conclusions
• Maintain a repository of contingent consideration tied to acquisitions and monitor recognition milestones
• Lead the development of, and participate in, technical training to ensure compliance to policy standards
• Participate in the preparation of technical accounting areas in the Company’s external facing financing reporting, including, but not limited to new and changing disclosures
• Coordination of the year-end audit with external auditors and work with auditors to support the Company’s accounting conclusions
• Actively track and analyze emerging accounting pronouncements for potential impact and assist in the implementation of new accounting standards as they arise

Benefits

• Benefits at Longroad include the opportunity for merit-based salary increases, incentive plan participation, eligibility for our 401 (k) plan and matching, and comprehensive medical, dental, vision, life, and disability insurance.
• Our robust time-off policy includes accrual of 18 vacation days in your first year, paid holidays, and paid volunteer time.
• We offer paid parental leave to help support employees as they transition into parenthood.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 101-250 employees