Senior Accountant

New Energy Equity, LLC

Accounting and Finance Department

Position: Senior Accountant

The Senior Accountant is a position that reports directly to the Senior Accounting Manager. The Senior Accountant supports the corporate accounting department by preparing journal entries, reconciling balance sheet accounts, and preparing and reviewing various financial reports for New Energy Equity (NEE) and its subsidiaries. There will be a heavy focus on being a high-level independent contributor to the core operating cycle, including debt, fixed assets, prepaids, accruals, and reconciliation of cash activity prepared by processing team. Additionally, the Senior Accountant will work to develop staff accountant team members by leading various assignments (some recurring). Lastly, Senior Accountant will have the opportunity to work on independent projects with the Finance department on an as needed basis.

Other key aspects of this role are defined as follows:

• Produce journals that inform monthly P/L and balance sheet activity
• Prepare accounting/reconciliations of accounts and inform Sr Manager of issues for resolution
• Review some of the journals and reconciliations prepared by staff/GL specialist
• Assist in project budget and forecast preparation that informs revenue recognition
• Identify issues and at times propose solutions based on GAAP principals
• Work on NEE subsidiaries such as Energy Support Services to provide a level of review.
• Independently identify business risks and accounting issues/ propose solutions to management

Monthly Close Duties include, but not limited to:

• Participate in recording/reviewing journal activity as part of monthly close
• Complete checklists and balance sheet reconciliations
• Manage AR and AP aging, notifying management of older items
• Prepare month end expense accruals
• Maintain fixed assets for NEE and its subsidiaries
• Balance intercompany accounts between NEE and its subsidiaries
• Perform routine financial analysis on all aspects of the business
• Update project budgets to reconcile with the monthly WIP report
• Process inquiries from management team related to billings and payments
• Process various financial reports by operating subsidiary
• Record and ensure that all revenues/expenses are recorded in the appropriate period and coded properly, in accordance with department policies

Ongoing/Special Projects include, but not limited to:

• Utilize excel in developing sophisticated ad-hoc spreadsheets and frameworks to analyze areas of the business as demand arises
• Assist in gathering support for tax and financial statement audits
• Assist with year-end 1099 preparation
• Document internal procedures, create process documents and flow charts (with assistance from team)

• Perform other duties as assigned

Employer will not sponsor Visas for this position. 

Founded in 2013, New Energy Equity develops and finances solar power generation assets, providing clean electricity to commercial, industrial, municipal, and utility customers under long-term contracts. New Energy Equity, a wholly owned subsidiary of ALLETE (NYSE:ALE), has successfully developed over 330MW of solar projects and closed more than $600M in clean energy investments. The company was ranked as the 7th Top Solar Developer and the 8th Top Solar Contractor on Solar Power World’s “2021 Top Solar Contractors” list and voted one of the fastest-growing energy companies in D.C., Maryland, and Virginia by Inc. Magazine. To learn more, visit http://www.newenergyequity.com. 

We offer an engaging and supportive work environment, with professional development, challenging careers, and competitive compensation. We are an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, gender (including pregnancy), sexual orientation, gender identity or expression, age, disability, veteran status or any other characteristics protected by law. Candidates must be legally authorized to work in the United States to be considered. 

At New Energy Equity, our core purpose is building cleaner energy, leaving behind a better world. This mission applies to more than the projects we work on. We leave behind a better world in how build our projects, but also in how we interact with our communities, teammates and our partners. We strive to lead the solar industry on issues of diversity and inclusion and are committed to hiring, cultivating, and retaining a diverse workforce and fostering an inclusive culture. We are honored to have our outstanding team and culture recognized as one of Comparably’s Best Places to Work in Washington D.C. Metro area. Our Co-Founder, President and CEO, Matt Hankey, is ranked by Comparably in the Top 5% of CEOs in the Washington, D.C. Metro area, as well as Top 5% of CEOs among similarly sized companies across the globe.