Senior Accountant
Navisun is seeking a Senior Accountant to join our finance team reporting to the Controller. This position is essential to our financial reporting and monthly close process, ensuring completeness and accuracy of reporting, and compliance with accounting standards. The role has a strong focus on complex technical accounting treatment and consolidations of our tax equity partnerships, operating and development companies. The ideal candidate will have significant experience with complex partnership consolidations, working with third party audit and tax providers, providing month-end reporting, and improving processes, procedures, and internal controls in the energy or related industry.
- 3-5+ years of experience of progressive accounting and/or public accounting experience, distributed generation, solar plus storage IPP experience strongly preferred
- Bachelor’s degree in Accounting or related field required, Masters in Business or Finance preferred
- Professional certification, such as CPA or CA highly preferred
- Strong technical knowledge and experience with complex intercompany transactions, consolidations, consolidated reporting
- Excellent oral and written communication skills, including presentation skills to a variety of external partners and internal parties (team, senior management, Board)
- A Detail oriented self-starter with a “roll up your sleeves,” entrepreneurial, collaborative, and problem-solving attitude who handles multiple projects with competing priorities with minimal supervision.
- Ability to undertake complex tasks and drive them to completion.
- Working knowledge of national and local tax regulations and compliance reporting
- Strong proficiency with Microsoft Excel and other Microsoft Office suite software
Key responsibilities include:
- Reconcile intercompany transactions and balances and prepare necessary elimination entries for consolidation for multiple entities and multiple reporting levels within the overall consolidating group.
- Prepare journal entries and general ledger account reconciliations ensuring adherence to U.S. GAAP and completeness of financial activity.
- Prepare monthly, quarterly and annual financial statements, including assisting in drafting of footnotes and disclosures, in accordance with U.S. GAAP, as well as ad hoc reporting to external parties.
- Perform technical accounting research and interpret accounting guidance to ensure compliance and proper accounting treatment of complex transactions in the renewable energy space. Draft technical accounting memoranda to formalize conclusions.
- Assist in implementation of new accounting standards and reporting requirements as needed.
- Ensure compliance with internal controls and assist in the implementation of control enhancements as necessary.
- Support external service providers, such as auditors and valuation specialists, by providing requested documentation and explanations in timely manner.
- Prepare tax basis trial balances eliminating tax equity partnership activity and work with third party tax preparers, by providing requested documentation and explanations in timely manner.
- Coordinate with the Senior Finance Analyst, Corporate FP&A and VP, Finance to ensure consistency of reporting and appropriate treatment of information used for budgeting and forecasting.
- 401(k)
- 401(k) matching
- Bonus based on performance
- Competitive salary
- Dental insurance
- Health insurance
- Opportunity for advancement
- Paid time off
- Parental leave
- Vision insurance
Founded in 2017, Navisun LLC is a solar and storage independent power producer within the United States that co-develops, develops, acquires, builds, owns, and operates distributed and small utility-scale solar and energy storage projects. The Navisun team has completed numerous projects for municipal, commercial, utility, and institutional partners throughout the United States, with typical project sizes ranging from 3 to 30 megawatts. In January 2022, OMERS acquired Navisun to serve as OMERS’ distributed scale solar and storage platform and to complement prior investments in the renewable energy sector.
The company now currently owns over 100MW’s of distributed generation and targets the addition of 100+ MW annually and 1+ GW over 5-7 years, through a mix of organic and inorganic growth initiatives. Navisun is poised for significant expansion with its strong pipeline, co-development partnerships, the continued pursuit of opportunistic acquisitions, and a committed owner in OMERS.
OMERS Infrastructure, based out of New York City, is an investment arm of OMERS, one of Canada’s largest defined benefit pension plans with $127 billion in net assets (as of June 30, 2023). Headquartered in Toronto, OMERS also has offices in New York, London, Singapore, Sydney and other major cities across North America and originates and manages a diversified portfolio of high-quality investments in public markets, infrastructure, real estate and private equity. A long-term and patient owner, OMERS is committed to investing in the energy transition globally.
- 401(k)
- 401(k) matching
- Bonus based on performance
- Competitive salary
- Dental insurance
- Health insurance
- Opportunity for advancement
- Paid time off
- Parental leave
- Vision insurance