Technical Accounting Manager (Hybrid)
Description

 

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.


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

Minimum Qualifications

  • 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

Characteristics Necessary for Success  

  • 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

 Other

Applicants must be currently authorized to work in the United States.  The Company does not sponsor applicants for work visas.

 

Salary/Compensation

The salary range is between $125k-165k. In addition to base salary, this role includes a corporate bonus. The position offers health, vision/dental insurance, flexible spending accounts, 401(k) plan, accrued paid time off, life insurance and disability coverage.

We encourage candidates to consider total compensation when applying and if you feel you meet the requirements and are excited to learn more, we’d love to share.

*Note that the pay range listed for this position is a good faith and reasonable estimate of the range of possible base compensation at the time of posting.  Exact compensation may vary based on skills, experience and location. 


Benefits of Working at Longroad Energy We are dedicated to providing our employees with the support and resources they need to stay healthy, secure their future, and be successful in their careers. 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. Learn more about our employee benefits.

Diversity, Equity & Inclusion Diversity, equity, and inclusion matter - at Longroad, in our industry, in our communities, and in society at large. We embrace our responsibility to build and promote a diverse, equitable, and inclusive working experience and drive change where we live and operate. We work to actively promote and celebrate diversity, equity, and inclusion. We foster a supportive space that empowers everyone at Longroad to learn about, discuss and ask questions related to embracing and honoring identity. We collaborate with our community, colleagues, and industry in the ongoing pursuit of evolving and growing an inclusive and diverse environment. Learn more about our DEI commitment.


Longroad Energy Values At Longroad, we SHINE. We aim to be the most trusted renewable energy company on the long road to a green future. We are an experienced team of problem solvers and promise-keepers who develop sustainable solutions that meet today’s challenges and make a lasting impact on people and our planet. Learn more about our SHINE values.

Longroad Energy is proud to be an Equal Opportunity Employer (“EOE”). Qualified applicants are considered for employment without regard to age, race, color, religion, sex, national origin, disability, veteran status, citizenship, or any other legally protected status. Longroad Energy prohibits discrimination against individuals with disabilities and will reasonably accommodate applicants with a disability, upon request, and will also ensure reasonable accommodations are made for disabled employees. Longroad Energy is firmly committed to ensuring equal employment opportunities in all employment practices and personnel actions, including advertising, recruitment, testing, screening, hiring, selection for training, upgrading, transfer, demotion, layoff, discipline, termination, rates of pay, and other forms of compensation.