Accounting Manager

Middle River Power; Illinois; On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical, vision, dental coverage

HSA contributions

Job summary

Middle River Power (MRP), a private equity-backed power generation company, seeks an Accounting Manager to lead accounting for its development projects. This hands-on role requires strong GAAP knowledge, a proactive mindset, and adaptability to changing priorities.

You will oversee monthly closes, manage accounts payable, support internal/external reporting, and coordinate with the Development team to ensure accurate project accounting. In-office 4 days a week, Illinois-based.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 5+ years of progressive accounting experience, preferably in a construction-related field.
• Experience managing team members and taking ownership of assigned work areas.
• Experience working on multiple projects simultaneously.
• Experience with project accounting, journal entries, and construction accruals.
• Experience supporting external audits.
• Strong interpersonal, analytical, organizational, and problem-solving skills.
• Strong knowledge of GAAP and financial reporting principles.
• Advanced Excel skills.

Responsibilities

• Own the accounting process for multiple development projects through all phases of construction.
• Oversee the monthly close for assigned entities including approving journal entries and reviewing balance sheet reconciliations.
• Oversee accounts payable staff to ensure timely processing and payment of invoices and a strong control environment.
• Support internal and external financial reporting, including cost analysis, budget v. actual, cash forecast, and ad hoc reports, analyzing results for accuracy and reasonableness.
• Coordinate with the Development team to stay informed on project updates, monitoring all activity for appropriate accounting treatment.
• Support external audits by coordinating requests and providing accurate, timely documentation.
• Support process improvements and other accounting projects as needed.

Skills

Advanced Excel

GAAP knowledge

Financial reporting

Leadership experience

Project accounting

Education

Bachelor's degree in Accounting, Finance, or related field

Job description

Middle River Power (MRP) is a private equity-backed power generation company focused on investing in, managing, and operating U.S. power generation assets. Our portfolio includes more than 8GW of natural gas, coal, battery storage, and solar facilities across multiple states. We combine deep industry expertise with a data-driven approach to operate safely, reliably, and efficiently.

At MRP, we value people who are curious, collaborative, adaptable, and solutions-oriented. Our fast-paced environment requires strong technical capabilities, sound judgment, and a willingness to challenge the status quo.

The Behaviors We Hire For

• Love What You Do – Bring curiosity and enthusiasm for our business and industry.
• Collaborate to Win – Work across teams and build strong partnerships.
• Comfort with Ambiguity – Adapt to change and solve problems resourcefully.
• Innovation Over Status Quo – Bring fresh thinking and challenge assumptions.
• Confident & Honest – Own your contribution and communicate transparently.
• Progressive Problem Solver – Move problems toward practical solutions.
• Here for the Long Term – Invest in building the business and your career with others.

Position Summary

The Accounting Manager is a hands-on contributor responsible for overseeing the accounting for MRP’s portfolio of development projects. This role requires strong knowledge of accounting principles, ability to react to shifting priorities and deadlines, and strong interpersonal skills. The Accounting Manager will work cross-functionally to ensure financial information is accurate, complete, and appropriately supported.

Key Responsibilities

• Own the accounting process for multiple development projects through all phases of construction.
• Oversee the monthly close for assigned entities including approving journal entries and reviewing balance sheet reconciliations.
• Oversee accounts payable staff to ensure timely processing and payment of invoices and a strong control environment.
• Support internal and external financial reporting, including cost analysis, budget v. actual, cash forecast, and ad hoc reports, analyzing results for accuracy and reasonableness.
• Coordinate with the Development team to stay informed on project updates, monitoring all activity for appropriate accounting treatment
• Support external audits by coordinating requests and providing accurate, timely documentation.
• Support process improvements and other accounting projects as needed.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field.
• 5+ years of progressive accounting experience, preferably in a construction-related field.
• Experience managing team members and taking ownership of assigned work areas.
• Experience working on multiple projects simultaneously.
• Experience with project accounting, journal entries, and construction accruals.
• Experience supporting external audits.
• Strong interpersonal, analytical, organizational, and problem-solving skills.
• Strong knowledge of GAAP and financial reporting principles.
• Advanced Excel skills.

Work Location:

To foster a collaborative culture, we aim to place roles within one of our office locations. In some cases, we may create remote roles when it makes sense for business. Frequency and location of travel for team meetings and job duties will vary by role. MRP is an in-office 4 days a week organization.

Benefits and Perks

MRP offers a holistic and comprehensive benefits package for all employees that consists of the following:

• Medical, vision, dental coverage for employees and families is 90% employer-funded
• FSA and HSA plans with company HSA contributions