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Mgr, Accounting

Location: 

Houston, Texas, US

Job ID#:  905
Job Category:  Accounting / Finance
Position Type:  Regular FT

JERA Americas Inc. is part of a global energy company, supporting the transition to a cleaner, more sustainable world while fulfilling our responsibility to provide a safe and stable supply of reliable and affordable energy. The Company is a subsidiary of Tokyo-based JERA, which stands for Japan's Energy for a New Era. JERA has committed to achieving net zero CO2 emissions from its businesses by 2050 and is contributing to the development of a sustainable society.

JERA Americas seeks to continue its rapid expansion into renewable energy markets focusing on wind, solar, and cutting-edge technologies for hydrogen production and transportation. To meet the challenges of a fast-growing company, we are searching for talented individuals who thrive in a fast-paced environment and want to be part of the equation to provide energy for a new era.

Summary

The Accounting Manager reports to the Portfolio Controller, is a direct support for the initiatives set forth by the Asset Management function, and regularly interacts with plant personnel. The Accounting Manager has top-to-bottom responsibilities for their portfolio which includes i) coordinating and finalizing the monthly close for all companies consolidated within the portfolio, ii) preparing monthly financial statements and internal reporting packages for the Owners, iii) facilitating the annual budgeting process by preparing the template and coordinating with various groups for their input, and iv) leading the annual audit(s) of the portfolio. The ideal candidate will be comfortable with the idea of taking ownership of the entire accounting function for the portfolio and acquiring the array of knowledge required to run a power generation facility.

Position Description

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

 

  • Manage the project level accounting activities for a portfolio of thermal power plants
  • Prepare responses to requests from investors regarding the financial position, tax, financial results, and other industry-related topics
  • Manage the monthly close process. This includes completion of the monthly close checklist, review, understanding of all account reconciliations, and performance of budget-to-actual variance analysis
  • Compile and deliver financial, investor, and bank compliance reports on a timely basis
  • Assist Management in the creation of the annual budgets
  • Drafts quarterly unaudited financial and annual audited statements as required by the portfolio’s LLC/partnership agreement or debt agreements
  • Populates the financial section of the monthly operating report which may include gathering non-financial operating metrics
  • Act as the lead point of contact in the annual financial statement audit, including the coordination of gathering PBCs and supporting schedules
  • Interface and assist tax consultants in the preparation of annual tax returns, and K-1s, and quarterly estimated payments, as needed, to meet various tax compliance requirements
  • Maintain formal policies and procedures including the initial research and application of all GAAP policies and procedures
  • Makes staffing level recommendations as complexity of business evolves
  • Interfaces and assist consultants in the preparation of GAAP to IFRS reconciliations on a quarterly basis
  • Possess strong and effective project management skills and be willing to complete ad hoc requests
  • Ensure compliance with internal controls

Qualifications

Required Education and Experience

  • Bachelor of Science Degree in Accounting, Finance or related field.
  • Minimum of seven (7) years of experience in finance, accounting, tax, and financial planning.
  • Comprehensive knowledge of US GAAP, full-cycle close process, and financial reporting.

 

Preferred Knowledge and Education

  • Master’s degree in business or accounting
  • Certified Public Accountant
  • Knowledge of accounting concepts specific to power industry
  • Experience with project financing
  • Exposure to financial projection models
  • Commodity price risk and hedging strategies
  • Credit Risk management and hedging strategies

 

JERA Americas does not accept unsolicited resumes from third party recruiters or employment agencies. In the absence of an executed Recruitment Services Agreement, JERA Americas shall have no obligation to pay any referral compensation or recruiter fee.

AP/EEO Statement

JERA Americas Inc. provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics.

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