Description

Job Description 

Earthrise Energy is seeking a detail-oriented and proactive Project Accountant to manage the financial aspects of our projects from initiation to completion. The ideal candidate demonstrates advanced problem-solving abilities, a drive for automation and operational efficiency, and the ability to collaborate effectively with cross-functional teams. Prior experience and interest in the renewable energy industry is strongly preferred. Reporting to the Controller, this role ensures accurate accounting, budgeting, cost tracking, and reporting to support successful project delivery within scope, time, and budget. This role offers opportunities to grow in scope over time, as new projects are added to our operational portfolio.

This position is fully remote, with travel 2-3 times per year.

Responsibilities:

• Prepare, monitor, and update project budgets and forecasts.
• Track project costs, investigate variances, and ensure expenses align with approved budgets.
• Process and approve project-related invoices, purchase orders, and expense reports.
• Prepare timely financial reports for project managers and stakeholders.
• Ensure compliance with company policies, accounting standards, and contractual requirements.
• Collaborate with project teams to provide financial insights and recommendations.
• Manage project billing, payment collections, lease accounting, and revenue recognition
• Month-End Close: Lead the monthly, quarterly, and year-end close processes for project-level and consolidated entities.
• Project Lifecycle: Account for the transition of assets from Construction-in-Progress (CIP) to Commercial Operation Date (COD), including component depreciation and asset retirement obligations (AROs).
• Fixed Assets: Maintain the fixed asset ledger, ensuring accurate categorization of costs for financial reporting
• Consolidation: Perform accounting for variable interest entities (VIEs) and voting interest entities under ASC 810, specifically focusing on partnership flip structures.
• Revenue Recognition: Lead revenue accounting under ASC 606, including Power Purchase Agreements (PPAs) and the sale of Renewable Energy Credits (RECs).
• Lease Accounting: Manage the implementation and ongoing reporting for land and equipment leases under ASC 842.
• HLBV Reporting: Execute and review the Hypothetical Liquidation at Book Value (HLBV) method for allocating earnings and losses in tax equity partnerships.
• Support audits and provide documentation as required.

Requirements

Qualifications & Skills 

• Bachelor’s degree in accounting, Finance, or related field.

• 5 – 7 years of accounting experience, preferably in renewable project accounting -based environments.

• Strong knowledge of accounting principles and project cost control.

• Proficiency in accounting software and Microsoft Excel.

• Excellent analytical, organizational, and communication skills.

Preferred Skills:

• Experience with ERP systems.
• Experience in the energy industry.
• Ability to work under tight deadlines and manage multiple projects simultaneously.