Manager, Financial Reporting, Global

Recurrent Energy; Kitchener; On-site; CAD 120,000 - 190,000; Full time

Job summary

Recurrent Energy, a Canadian Solar subsidiary, seeks a seasoned Manager, Financial Reporting, Global to lead monthly global consolidation, analytical reviews, and the preparation of group financial statements. You will partner with regional controllers across North America and EMEA to ensure accuracy and U.S.

GAAP compliance. The role maintains the Hyperion Financial Management system, liaises with external auditors, and drives improvements in accounting policies and internal controls.

Qualifications

• Bachelor’s degree or higher in Accounting, Finance, or a related discipline.
• Professional accounting designation required: U.S. CPA, Canada CPA, or ACCA.
• 10+ years of progressive accounting/finance experience, with at least 3+ years in consolidation or financial reporting.

Responsibilities

• Oversee the monthly global group consolidation and analytical review process.
• Prepare and organize group financial statements, audit schedules, consolidation proofs, and notes to the financial statements.
• Review financial data from subsidiaries and ensure accuracy and compliance with U.S. GAAP; liaise with external auditors.

Skills

US GAAP

HFM

SAP

MS Office

Communication & PM

Education

Bachelor's degree in Accounting or Finance

U.S. CPA

Canada CPA

ACCA

Tools

Hyperion Financial Management (HFM)

SAP

Job description

At Canadian Solar, our vision is to make lives better by bringing electricity powered by the sun to millions of people worldwide. As a leading manufacturer of solar panels, inverters, and energy storage solutions, we’ve been an industry front-runner since our founding in 2001. Our commitment to sustainability is reflected in all parts of our organization as we navigate the complexities of a booming industry.

Throughout Canadian Solar’s subsidiaries, e-Storage, Recurrent Energy, MSS and CSI Solar Co., we invest in our employees’ growth. Our training programs and promotional opportunities ensure we all can continue to learn. We understand the importance of work-life balance and provide various flexible work options to support our employees’ well-being. Join our team to “Make the Difference” by creating a lasting positive impact on the world and the communities where we operate.

Recurrent Energy is one of the world’s largest and most geographically diversified utility‑scale solar and energy storage project development, ownership, and O&M platforms. It is a subsidiary of Canadian Solar Inc. and partially owned by BlackRock. Recurrent Energy is focused on bringing low-cost clean energy and meaningful economic development to communities across the globe.

With a strong track record of originating, developing, financing, and building nearly 9 GWp of solar and 3 GWh of battery storage power plants across six continents, Recurrent Energy has established a leadership position in both solar and battery storage project development. With a total pipeline of 25 GWp in solar and 47 GWh in battery storage, of which 14 GW and 12 GWh respectively already have interconnections (as of January 31, 2023). In addition, Recurrent Energy’s services business has 6 GW of projects under operations and maintenance contracts, either operational or contracted projects.

• Functional Title: Manager, Financial Reporting, Global
• Employment Status: Permanent
• Level: Manager
• Location: Canada or USA
• Reporting To: Director, Interim Corporate Controller
• Join Recurrent Energy’s Finance team with a focus on global group accounting close, consolidation, and financial reporting
• Primarily support the North America and EMEA regions

Key Responsibilities

• Oversee the monthly global group consolidation and analytical review process
• Prepare and organize:
• Group financial statements
• Audit schedules
• Consolidation proofs
• Notes to the financial statements
• Review financial data from subsidiaries and partner with regional controllers to ensure accuracy and compliance with U.S. GAAP
• Maintain the Hyperion Financial Management (HFM) reporting system and lead system enhancements
• Identify and implement improvements to:
• Accounting policies
• Financial reporting processes
• Internal control procedures
• Support compliance with SEC public company reporting requirements for the U.S.-listed parent company, including regulatory filings with the SEC
• Advise and support regional accounting teams on complex or unusual accounting transactions in accordance with U.S. GAAP and SEC interpretations
• Liaise with external auditors and advisors
• Perform other related duties as required

Financial & Organizational Scope

• Responsible for key areas of global financial reporting and consolidation
• Role has a direct financial impact on the organization
• Collaborate closely with the:
• Global Consolidations team
• Regional Controllership teams
• Tax
• FP&A
• Project Finance
• Legal
• Interact with external stakeholders, including auditors and advisors

Knowledge & Skills

• Strong working knowledge of U.S. GAAP and consolidation accounting
• Proficiency with Hyperion Financial Management (HFM)
• SAP experience strongly preferred
• Proficiency with Microsoft Office
• Strong communication and project management skills

Qualifications & Experience

• Bachelor’s degree or higher in Accounting, Finance, or a related discipline
• Professional accounting designation required:
• U.S. CPA
• Canada CPA
• ACCA membership
• 10+ years of progressive accounting/finance experience
• At least 3+ years of experience in consolidation or financial reporting
• Big Four audit background and/or recent experience preparing public company consolidated financial statements

Key Competencies

• Strong problem-solving skills and ability to perform effectively in a deadline-driven environment
• Mature, resourceful, responsible, detail-oriented, and highly organized
• Collaborative and team-oriented while capable of working independently with minimal supervision
• Ability to lead, train, and develop junior staff